ATLANTA, GA – – (Globe Newswire – August 29, 2023) – – Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Origin Materials, Inc. (“Origin” or “the Company”) (NASDAQ: ORGN). The lawsuit alleges Origin made false or misleading statements or failed to disclose material adverse facts about the Company’s business, operations, and prospects, including: (1) Origin would not be able to meet its previously announced timeline for the construction of the Origin 2 plant; (2) demand for paraxylene (“PX”) had dropped such that it would not be the production focus of Origin 2; (3) Origin could not construct Origin 2 at its previously disclosed cost; and (4) Origin could not construct Origin 2 at the scale it had previously identified.
If you bought shares of Origin between February 23, 2023 and August 9, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at firstname.lastname@example.org or Joshua Karr, Esq. at email@example.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/origin/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is October 24, 2023.
Lead Plaintiff Deadline Has Passed
October 24, 2023