Unveiling Securities Fraud Allegations
BENSALEM, Pa., Oct. 9, 2024 — Investors with substantial losses in AMMO, Inc. (“AMMO” or the “Company”) ticker POWW have the chance to take the helm of a securities fraud class action lawsuit.
Key Class Action Details
Class Period: August 19, 2020 – September 24, 2024
Lead Plaintiff Deadline: November 29, 2024
The Allegations
The complaint suggests that during the Class Period, Defendants concealed critical details from investors:
- Lack of adequate internal financial controls
- Inaccurate disclosure of key company figures and transactions
- Failure to appropriately represent certain expenses, valuations, and stock awards
- Misleading positive statements about the Company’s operations
What Investors Can Do
Should you wish to participate in the class action, no immediate action is required. Investors are encouraged to explore their legal options with trusted counsel. By contacting Howard G. Smith via phone at 215-638-4847 or through email at howardsmith@howardsmithlaw.com, you can delve into the intricate details of your rights and potential involvement.
Information and Inquiry
If you seek further insight into this lawsuit or have queries about your role as a class action member, reach out to Howard G. Smith, Esquire, at Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020. Howard G. Smith can be contacted via telephone at (215) 638-4847 or through email at howardsmith@howardsmithlaw.com.
Legal Disclaimer
This release may be regarded as Attorney Advertising in specific jurisdictions based on relevant laws and ethical guidelines.
Contact Information
Law Offices of Howard G. Smith, Howard G. Smith, Esquire, 215-638-4847, howardsmith@howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith
