Origin Materials, Inc. Class Action Lawsuit - ORGN

The filed complaint alleges that Origin Materials, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Origin would not be able to meet its previously announced timeline for the construction of the Origin 2 plant; (2) demand for paraxylene (“PX”) had dropped such that it would not be the production focus of Origin 2; (3) Origin could not construct Origin 2 at its previously disclosed cost; (4) Origin could not construct Origin 2 at the scale it had previously identified; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and lacked a reasonable basis.

In order to be eligible to join the ORGN class action lawsuit, you must have incurred a loss on shares of Origin purchased during the class period listed above.

If you suffered a loss in Origin during the relevant time frame or pursuant to the relevant offering(s), you have until October 24, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.