Investors Notified of Class Action Lawsuit Against Li-Cycle Holdings Corp.

NEW YORK – In recent legal developments, The Gross Law Firm has alerted investors holding shares in Li-Cycle Holdings Corp. LICY to a class action lawsuit. The notice informs shareholders who have purchased LICY stocks during the designated class period of their rights to potentially be part of a lead plaintiff appointment prior to the deadline on January 8, 2024.

Details of the Class Action

The lawsuit alleges that Li-Cycle Holdings Corp. issued materially false and/or misleading information and failed to disclose adverse facts pertaining to the company's business, operations, and prospects. As a result of these omissions, the company's public statements were allegedly untruthful, leading to shareholder losses upon the correction of this information.

Shareholder Participation

The Gross Law Firm encourages those who have suffered losses from their LICY investments during the class period to make contact with the firm. Joining the class action may help shareholders recover their losses. The firm aims to secure the most favorable outcome, including a potential lead plaintiff appointment for those who meet certain legal criteria.

This legal notice serves as a crucial reminder for Li-Cycle Holdings Corp. shareholders to assert their rights and engage with the legal process by the stated deadline. It is a significant development in the legal landscape pertaining to shareholder rights and corporate transparency.

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