ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against Danimer Scientific, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

March 31, 2021 9:38 AM EDT | Source: Schall Law Firm

Los Angeles, California--(Newsfile Corp. - March 31, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Danimer Scientific, Inc. ("Danimer" or "the Company") (NYSE: DNMR) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Wall Street Journal published an article on March 20, 2021, titled, "Plastic Straws That Quickly Biodegrade in the Ocean, Not Quite, Scientists Say." The article addresses Danimer's plant-based plastic Nodax, which the Company claims breaks down faster than traditional plastics. The Journal claims that "many claims about Nodax are exaggerated and misleading." The article quotes one expert as saying the Company's claim about Nodax "is not accurate" and is "greenwashing." Based on this news, shares of Danimer fell by 12% on the next trading day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79057.

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