Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

PureCycle Technologies, Inc. (PCT) Class Action Lawsuit (September 2023)

Closed

1:23cv8605 • September 29, 2023

Class Period Start

April 25, 2023

Class Period End

December 18, 2023

PSLRA Deadline

November 28, 2023

Case Allegations

10b5

Statutes of Repose

Apr 25, 2026

Country

United States

Court

Federal Court

Docket History

Jan 23, 2025

No Appeal- Closed

Dec 20, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

May 6, 2024

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 5, 2024

First Amended Complaint

A new complaint has been filed on behalf of certain investors in PureCycle Technologies, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 20, 2024

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Sep 29, 2023

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in PureCycle Technologies, Inc..

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