Legal

Investor Notice: Class Action Lawsuit Announced Against Li-Cycle Holdings Corp. LICY

Published November 30, 2023

NEW YORK, Nov. 29, 2023 - A significant legal development has occurred for investors in Li-Cycle Holdings Corp. LICY, a company specializing in lithium-ion battery resource recovery. The law firm of Levi & Korsinsky, LLP has issued a notification regarding a pressing class action lawsuit. This lawsuit addresses concerns related to potential securities law violations by Li-Cycle, which may have negatively affected shareholders.

Lawsuit Announcement and Eligibility

Investors who purchased shares of Li-Cycle Holdings Corp. LICY and have subsequently faced financial losses may be eligible to participate in the class action lawsuit. The lawsuit seeks to hold the company accountable for purported misrepresentations and omissions that misled investors regarding Li-Cycle's business practices, financial status, and compliance protocols. The ongoing litigation aims to secure compensation for affected shareholders who have suffered as a result of the alleged corporate misconduct.

Deadline and Legal Recourse

The announcement from Levi & Korsinsky emphasizes the urgency for concerned Li-Cycle investors to act promptly. A deadline has been set for eligible class members to join the lawsuit. Those who have invested in Li-Cycle and believe that their investment has been impacted by the company's alleged actions are urged to contact legal representatives to discuss their rights and potential remedies. The lawsuit presents an opportunity for investors to seek justice and potentially recover losses incurred from investing in Li-Cycle's stocks.

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