Core Viewpoint - Schubert Jonckheer & Kolbe LLP is investigating potential legal claims against Origin Materials, Inc. regarding alleged false statements about the development of a manufacturing plant, which was initially set to be completed by mid-2025 [1] Group 1: Legal Proceedings - A U.S. District Court judge has allowed a securities class action complaint against Origin to proceed, alleging that the company misled investors about the production focus and timeline of its new manufacturing plant, Origin 2, between February 2023 and August 2023 [2] - The lawsuit claims that these misleading statements inflated Origin's stock price, which subsequently fell by 67% when the delay and change in production plans were revealed in August 2023 [2] Group 2: Company Actions - The investigation by Schubert Jonckheer & Kolbe LLP is focused on potential wrongdoing by Origin's directors and officers in relation to the allegations of misleading investors [3]
Origin Materials, Inc. (NASDAQCM: ORGN) Investor Alert: Schubert Jonckheer & Kolbe LLP Investigating Possible Shareholder Claims for False Statements