Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against TMC the metals company Inc. (TMC)
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A class action lawsuit has been filed against TMC the metals company Inc. for securities purchased between May 12, 2023, and March 25, 2024. The lawsuit aims to recover damages for investors under federal securities laws.
November 15, 2024 | 7:30 pm
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TMC the metals company Inc. is facing a class action lawsuit for securities purchased between May 12, 2023, and March 25, 2024. This legal action could impact the company's stock price as investors seek damages.
The announcement of a class action lawsuit typically has a negative impact on a company's stock price due to potential financial liabilities and reputational damage. Investors may react negatively, leading to a short-term decline in TMC's stock price.
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