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RightScoop > Business & Tech Insights > RENOWNED INVESTOR ADVISOR ROSEN Encourages DMC Global Inc. Investors to Get Advice Ahead of Important Deadline in Securities Class Action Lawsuit – BOOM By Investing.com

RENOWNED INVESTOR ADVISOR ROSEN Encourages DMC Global Inc. Investors to Get Advice Ahead of Important Deadline in Securities Class Action Lawsuit – BOOM By Investing.com

New York, New York–(Newsfile Corp. – January 21, 2025)- BECAUSE: Rosen Law Firm, a global investor rights law firm, reminds buyers of securities of DMC Global Inc. (NASDAQ: NASDAQ:) between May 3, 2024 and November 4, 2024, inclusive (the “Class Period”), of the important February 4, 2025 Lead Plaintiff Deadline.

SO WHAT: If you purchased DMC Global securities during the Class Period, you may be entitled to compensation without paying any out-of-pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the DMC Global class action, please contact or call Phillip Kim, Esq. Toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must file with the Court no later than February 4, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSENADA LAW: We encourage investors to select qualified attorneys with a track record of success in leadership roles. Often, companies issuing notices do not have comparable experience, resources or any significant recognition from their peers. Many of these firms do not actually litigate securities class actions, but are simply intermediaries who refer clients or partner with law firms that actually litigate cases. Be cautious when selecting an attorney. Rosen Law Firm represents investors throughout the world and concentrates its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest securities class action settlement against a Chinese company at that time. Rosen Law Firm Ranked No. 1 by ISS Securities Class Action (WA:) Services for several securities class action settlements in 2017. The company has ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company earned more than $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Plaintiffs’ College. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the goodwill associated with Acadia Products was overstated due to adverse events and circumstances affecting that report segment; (2) DMC Global’s materially inadequate internal systems and processes were adversely affecting its operations; (3) DMC Global’s inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate and complete; (4) as a result, defendants misrepresented DMC Global’s operations and financial results; and/or (5) as a result, DMC Global’s public statements were materially false, misleading, or lacked a reasonable basis when made. When the true details hit the market, the lawsuit claims investors suffered damages.

To join the DMC Global class action, call Phillip Kim, Esq. Toll-free at 866-767-3653 or email case@rosenlegal.com for information about the class action.

No classes have been certified. Until a class is certified, you will not be represented by an attorney unless you hire one. You can select the lawyer of your choice. You can also remain an absent party member and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238001

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