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Stock impact report

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against TMC the metals company Inc. (TMC)

TMC the metals company Inc. (TMC) 
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming January 7, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased TMC the metals company Inc. (“TMC” or the “Company”) (NASDAQ: TMC) securities between May 12, 2023 and March 25, 2024, inclusive (the “Class Period”).Investors suffering losses on their TMC investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com.On March 25, 2024, TMC disclosed that its financial statements for the first three quarters of 2023 should no longer be relied upon and would need to be restated, citing the Company’s partnership with Low Carbon Royalties Inc. (“LCR”) and “whether the offsetting entry to the proceeds it received from LCR should be classified as debt or deferred income.” Further, TMC stated that “[a]s the transaction with Show less Read more
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