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The filed complaint alleges that DMC Global Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the goodwill associated with Acadia products was overstated due to the adverse events and circumstances affecting that reporting segment; (ii) DMC Global’s materially inadequate internal systems and processes were adversely affecting its operations; (iii) the Company’s inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate, and complete; (iv) as a result, defendants misrepresented DMC Global’s operations and financial results; and/or (v) as a result, the Company’s public statements were materially false, misleading, or lacked a reasonable basis when made.
In order to be eligible to join the BOOM class action lawsuit, you must have incurred a loss on shares of DMC Global Inc. purchased during the class period listed above.
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