NEW YORK, April 17, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Regulation Agency, a worldwide investor rights legislation agency, reminds purchasers of the securities of Renewable Power Group, Inc. (NASDAQ: REGI) between Could 3, 2018 and February 25, 2021, inclusive (the “Class Interval”), of the essential Could 3, 2021 lead plaintiff deadline.
SO WHAT: When you bought Renewable Power Group securities in the course of the Class Interval you might be entitled to compensation with out cost of any out of pocket charges or prices by way of a contingency price association.
WHAT TO DO NEXT: To affix the Renewable Power Group class motion, go to http://www.rosenlegal.com/cases-register-2048.html or name Phillip Kim, Esq. toll-free at 866-767-3653 or electronic mail pkim@rosenlegal.com or cases@rosenlegal.com for info on the category motion. A category motion lawsuit has already been filed. When you want to function lead plaintiff, you should transfer the Courtroom no later than Could 3, 2021. A lead plaintiff is a consultant celebration performing on behalf of different class members in directing the litigation.
WHY ROSEN LAW: We encourage buyers to pick out certified counsel with a observe file of success in management roles. Typically, companies issuing notices do not need comparable expertise or sources. The Rosen Regulation Agency represents buyers all through the globe, concentrating its observe in securities class actions and shareholder spinoff litigation. Rosen Regulation Agency has achieved the biggest ever securities class motion settlement towards a Chinese language Firm. Rosen Regulation Agency was Ranked No. 1 by ISS Securities Class Motion Providers for variety of securities class motion settlements in 2017. The agency has been ranked within the high Four annually since 2013 and has recovered a whole lot of hundreds of thousands of {dollars} for buyers. In 2019 alone the agency secured over $438 million for buyers. In 2020 founding accomplice Laurence Rosen was named by legislation360 as a Titan of Plaintiffs’ Bar. Most of the agency’s attorneys have been acknowledged by Lawdragon and Tremendous Legal professionals.
DETAILS OF THE CASE: In keeping with the lawsuit, defendants all through the Class Interval made false and/or deceptive statements and/or didn’t disclose that: (1) on account of failures within the diesel additive system, petroleum diesel was not periodically added to sure masses by the Firm and was as an alternative added by the Firm’s clients; (2) because of this, Renewable Power Group was not the correct claimant for sure biodiesel tax credit score (BTC) funds on biodiesel it offered between January 1, 2017 and September 30, 2020; (3) a end result, Renewable Power Group’s income and internet earnings had been overstated for sure intervals; (4) there was a fabric weak spot within the Firm’s inner management over monetary reporting associated to the acquisition and use of the petroleum diesel gallons when mixing with biodiesel; and (5) because of the foregoing, defendants’ optimistic statements about Renewable Power Group’s enterprise, operations, and prospects had been materially deceptive and/or lacked an affordable foundation. When the true particulars entered the market, the lawsuit claims that buyers suffered damages.
To affix the Renewable Power Group class motion, go to http://www.rosenlegal.com/cases-register-2048.html or name Phillip Kim, Esq. toll-free at 866-767-3653 or electronic mail pkim@rosenlegal.com or cases@rosenlegal.com for info on the category motion.
No Class Has Been Licensed. Till a category is licensed, you aren’t represented by counsel except you keep one. You might choose counsel of your alternative. You may additionally stay an absent class member and do nothing at this level. An investor’s means to share in any potential future restoration is just not dependent upon serving as lead plaintiff.
Comply with us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Fb: https://www.facebook.com/rosenlawfirm/.
Lawyer Promoting. Prior outcomes don’t assure an identical consequence.
Contact Data:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Regulation Agency, P.A.
275 Madison Avenue, 40th Flooring
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
— to finance.yahoo.com
The post ROSEN, NATIONAL TRIAL COUNSEL, Encourages Renewable Energy Group, Inc. Investors with Losses to Secure Counsel Before Important Deadline – REGI appeared first on Correct Success.
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