DMC Global
BOOM
ATLANTA, GA – – (Globe Newswire – December 9, 2024) – – A shareholder class action lawsuit has been filed against DMC Global Inc. (“DMC Global” or the “Company”) (NASDAQ: BOOM). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about DMC Global’s business, operations, and prospects, including allegations that: (i) the goodwill associated with Acadia Products was overstated due to the adverse events and circumstances affecting that reporting segment; (ii) DMC Global’s materially inadequate internal systems and processes were adversely affecting its operations; (iii) the Company’s inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate, and complete; and (iv) as a result, Defendants misrepresented DMC Global’s operations and financial results.
If you bought shares of DMC Global between May 3, 2024 and November 4, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/dmc-global/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is February 4, 2025.
Registration Deadline
Lead Plaintiff Deadline Has Passed
February 4, 2025