Investor Deadline Alert: Glancy Prongay & Murray LLP Announces Approaching Deadline in Capstone Green Energy Corporation Class Action Lawsuit

LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) – The law firm of Glancy Prongay & Murray LLP (GPM) is issuing a final notice to investors concerning the imminent lead plaintiff deadline of December 12, 2023, for the class action lawsuit against Capstone Green Energy Corporation CGRN - Capstone Green Energy OTC:CGRNQ. The lawsuit was filed on behalf of investors who acquired securities in the company and have been potentially affected by alleged financial improprieties.

Background of the Capstone Green Energy Lawsuit

This lawsuit comes in the wake of alleged violations by Capstone Green Energy Corporation. The company is accused of making materially false and/or misleading statements, as well as failing to disclose pertinent information to investors. Affected shareholders are those who purchased or otherwise acquired Capstone securities during a specified period and suffered damages as a result.

Importance of the Lead Plaintiff Deadline

Those who wish to serve as a lead plaintiff in this class action lawsuit must file a motion by the deadline of December 12, 2023. A lead plaintiff is a representative party who directs the litigation process on behalf of other class members. The rights and interests of the group are expected to be fairly and adequately represented by this leading party. Should investors fail to meet the deadline, they may not be entitled to certain rights, including compensation recovery, should the lawsuit be successful.

Investor Actions and Legal Representation

Investors who have bought Capstone Green Energy Corporation's stocks - specifically those trading under tickers CGRN and OTC:CGRNQ - and who may have incurred losses, are encouraged to promptly contact Glancy Prongay & Murray LLP to discuss their legal rights. The firm extends its expertise in fighting for the investor's justice and ensuring that the companies involved are held accountable for any unlawful business practices.

Moreover, shareholders might consider exploring the legal options available to them before the fast-approaching December deadline. Taking action promptly can ensure that their claims are represented in court. Investors are urged to understand that any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member.

Please note that this legal notice does not constitute an offer to purchase any securities mentioned, including TBN2:MU, which is unrelated to the Capstone Green Energy Corporation lawsuit.

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