AMMO ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against AMMO, Inc. and Encourages Investors to Contact the Firm
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A class action lawsuit has been filed against AMMO, Inc. (NASDAQ: POWW) by Bragar Eagel & Squire, P.C. on behalf of investors who acquired AMMO securities between August 19, 2020, and September 24, 2024. Investors have until November 29, 2024, to apply as lead plaintiff.
November 19, 2024 | 2:15 am
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AMMO, Inc. faces a class action lawsuit filed by Bragar Eagel & Squire, P.C. for investors who acquired securities between August 19, 2020, and September 24, 2024. This legal action could impact the company's stock price negatively in the short term.
The filing of a class action lawsuit typically raises concerns about potential financial liabilities and reputational damage, which can negatively affect investor sentiment and lead to a decline in stock price. The lawsuit's focus on a specific period suggests significant issues that could impact AMMO's financial standing.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100