Legal

Investor Notification: Vincent Wong's Law Offices Announce January 8, 2024, Lead Plaintiff Deadline for Li-Cycle Shareholders

Published November 20, 2023

Investors of Li-Cycle Holdings Corp. LICY are being alerted by The Law Offices of Vincent Wong to the upcoming lead plaintiff deadline of January 8, 2024. Those who have acquired shares of Li-Cycle and have been affected by purported corporate malfeasances may seek to participate as a lead plaintiff in a class action lawsuit. The deadline is critical for investors wishing to act as a primary plaintiff in the case.

Understanding the Case

The legal claim alleges that Li-Cycle may have provided misleading information to investors, potentially violating securities laws. This announcement aims to inform shareholders of their rights and the significance of the lead plaintiff deadline. A lead plaintiff acts on behalf of all other class members in directing the litigation and has the ability to make key decisions affecting the overall recovery for shareholders.

What Shareholders Should Know

Shareholders of Li-Cycle who have incurred losses and are interested in taking an active role in the litigation must file their applications by the January 8, 2024, deadline. The process for becoming a lead plaintiff includes proving the shareholder's financial interest and ability to adequately represent the class. The task of the lead plaintiff will include overseeing the legal representation provided and ensuring that the attorneys' fees are reasonable in relation to the results obtained. Investors of LICY who are considering this role are encouraged to inquire promptly to ensure timely participation.

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