Legal

Legal Notice to LICY Shareholders: Class Action Lawsuit and Deadline Announced

Published November 17, 2023

Shareholders of Li-Cycle Holdings Corp. (NYSE: LICY have been alerted to a class action lawsuit via a notification from The Gross Law Firm, based in New York. The firm is reaching out to those who have acquired Li-Cycle shares within the specified class period. This litigation is in response to alleged violations of federal securities laws and aims at recovering investment losses for Li-Cycle shareholders.

Background of the Lawsuit Against Li-Cycle

The lawsuit alleges that Li-Cycle, a leader in lithium battery recycling, may have issued materially misleading business information to the investing public, thus breaching securities laws. As a result, investors who have purchased LICY shares between the specified dates may be affected.

Important Deadline for Shareholders

For those shareholders who have been impacted and are interested in serving as the lead plaintiff in the lawsuit, The Gross Law Firm has announced a lead plaintiff deadline of January 8, 2024. This is a critical date by which any member of the purported class may take action to apply for this position, which plays a key role in class action lawsuits. The firm encourages investors who have suffered losses in their Li-Cycle investments to contact them before the deadline to discuss the process of appointment as a lead plaintiff.

Contact Information for Affected Shareholders

Shareholders of Li-Cycle who have been financially harmed during the class period are urged to get in touch with The Gross Law Firm. The firm offers legal guidance on the potential recovery of losses and the procedure for appointment as a lead plaintiff.

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