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BOOM Deadline: BOOM Investors Have Opportunity to Lead DMC Global Inc. Securities Fraud Lawsuit
BOOMDMC (BOOM) Prnewswire·2025-02-01 14:24

Core Viewpoint - Rosen Law Firm is reminding investors who purchased DMC Global Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the DMC Global securities is from January 29, 2024, to November 4, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by February 4, 2025, to serve as lead plaintiff [2]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, DMC Global made false or misleading statements regarding its operations and financial results [4]. - Specific claims include overstated goodwill associated with Arcadia Products and inadequate internal systems affecting operations [4]. - The lawsuit asserts that these misrepresentations led to investor damages when the true details became public [4].