Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Stem, Inc. (“Stem” or the “Company”) f/k/a Star Peak Energy Transition Corp. (“STPK”) (NYSE: STEM; STEM.WS; STPK; STPK.WS; STPK.U), investors that a lawsuit filed on behalf of investors that purchased Stem securities (NASDAQ: STEM) between March 4, 2021 and February 16, 2023, both dates inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The class action lawsuit, filed in the United States District Court for the Northern District of California under case number 23-cv-02329, represents a class of individuals and entities, excluding the Defendants, who purchased or acquired securities of Stem. The class includes those who acquired securities either (a) through the Offering Documents related to the merger ("Merger") completed on April 28, 2021, involving the Company, STPK Merger Sub Corp. ("Merger Sub"), and Stem, Inc., a private Delaware corporation ("Legacy Stem"); and/or (b) between March 4, 2021, and February 16, 2023, inclusive (the "Class Period"). The Plaintiff asserts claims against the Defendants under the Securities Act of 1933 ("Securities Act") and the Securities Exchange Act of 1934 ("Exchange Act").
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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