SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of ASP Isotopes Inc. (NASDAQ: ASPI). The lawsuit seeks to recover losses on behalf of investors who acquired securities between October 30, 2024 and November 26, 2024. Investors have until February 3, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit.
If you incurred significant losses and want to act as the lead plaintiff in the ASP Isotopes class action lawsuit or determine if you are eligible to receive a potential recovery of your losses, please submit your details here: https://www.johnsonfistel.com/investigations/asp-isotopes-inc
Contact for More Information: James Baker, (619) 814-4471, jimb@johnsonfistel.com or fjohnson@johnsonfistel.com
According to the Complaint, the Company made false and misleading statements to the market. ASP Isotopes overstated to investors the effectiveness of its enrichment technology. The Company falsely touted the potential of its high assay low-enriched uranium facility. The Company inflated the results of its nuclear fuels operating segment. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about ASP Isotopes, investors suffered damages.
Investor Action Steps: Shareholders who incurred losses during the class period, have until February 3, 2025, to move the court to become a lead plaintiff in this action. A lead plaintiff will act on behalf of all other class members in directing the class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor's ability to share any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.
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Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com