Los Angeles - 
(NewMediaWire) - May 26, 2021 - The Schall Law Firm, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of Danimer
Scientific, Inc. (“Danimer” or “the
Company”) (NYSE: DNMR) for violations of the securities laws.
The investigation focuses on whether the Company
issued false and/or misleading statements and/or failed to disclose information
pertinent to investors. The Wall Street Journal published an article on
March 20, 2021, titled, “Plastic Straws That Quickly Biodegrade in the Ocean,
Not Quite, Scientists Say.” The article addresses Danimer’s plant-based plastic
Nodax, which the Company claims breaks down faster than traditional plastics.
The Journal claims that “many claims about Nodax are exaggerated and
misleading.” The article quotes one expert as saying the Company’s claim about
Nodax “is not accurate” and is “greenwashing.” Based on this news, shares of
Danimer fell by 12% on the next trading day.
If you are a shareholder who
suffered a loss, click
here to participate.
We also
encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The Schall Law Firm represents
investors around the world and specializes in securities class action lawsuits
and shareholder rights litigation.
This press release may be
considered Attorney Advertising in some jurisdictions under the applicable law
and rules of ethics.
CONTACT:
The Schall
Law Firm
Brian Schall, Esq.
310-301-3335
