Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Li-Cycle Holdings Corp. (“Li-Cycle” or “the Company”) (NYSE: LICY). Investors who purchased Li-Cycle securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Li-Cycle has violated federal securities laws.
On October 23, 2023, Li-Cycle announced that it would temporarily halt construction work on its Rochester Hub project, pending a comprehensive review of its future strategy. According to the Company’s press release, Li-Cycle has experienced escalating construction costs, even as the engineering and procurement phases of the project neared completion, with a primary focus on on-site construction activities. On this news, Li-Cycle shares declined by $1.04, or approximately 45.81%, to close at $1.23 on October 23, 2023.
If you are aware of any facts relating to this investigation or purchased Li-Cycle securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
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