NYSE:SLI Investor Notice: Investigation over Possible Securities Laws Violations by Standard Lithium Ltd.
An investigation for investors in Standard Lithium Ltd. (NYSE:SLI) shares over potential securities laws violations by Standard Lithium Ltd. was announced.
San Diego, CA -- (SBWire) -- 12/06/2021 --Standard Lithium Ltd. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Standard Lithium Ltd. (NYSE: SLI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Standard Lithium Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Vancouver, Canada based Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States.
On November 18, 2021, Blue Orca Capital ("Blue Orca") published a short report alleging that Standard Lithium's claims of achieving of 90% extraction rates of battery grade lithium at its Arkansas demonstration site are not supported by previously undisclosed data filed by the Company with the state regulator, which indicated significantly lower recovery rates.
Shares of Standard Lithium Ltd. (NYSE: SLI) declined from $12.97 per share on October 27, 2021, to as low as $6.75 per share on November 18, 2021.
Those who purchased shares of Standard Lithium Ltd. (NYSE: SLI) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Media Relations Contact
Michael Daniels
Shareholders Foundation
1-858-779-1554
https://www.shareholdersfoundation.com/
View this press release online at: http://rwire.com/1349998