Legal Battle Unleashed in Bensalem
The Law Offices of Howard G. Smith unveils a battlefield in Bensalem, Pennsylvania, as investors with significant losses are summoned to take the helm in a securities lawsuit against no other than AMMO, Inc., or as some might call them, “AMMO” or the “Company.”
Class Period: August 19, 2020 – September 24, 2024
Lead Plaintiff Deadline: November 29, 2024
Investors who bore the brunt of losses in their AMMO investments are urged to engage the Law Offices of Howard G. Smith in a legal tête-à-tête regarding their rights within this class action. They can ring up 215-638-4847 or fire an email to howardsmith@howardsmithlaw.com.
The Allegations Revealed
The filed complaint echoes a tale of deceit, asserting that throughout the Class Period, the Defendants cloaked the following truths from investors: The company’s internal financial controls were but a ghost of necessity; the probability lingered that the Company concealed essential executive officers, management members, and potential affiliated party transactions in the fiscal years between 2020 and 2023; the likelihood loomed that the Company mischaracterized certain fees disbursed for investor relations and legal services as a dent in proceeds from capital raises as opposed to expenses during the fiscal years of 2021 and 2022; a grey cloud hung over the Company’s apt valuation of unrestricted stock rewards to officials, directors, staff, and other parties from 2020 to 2022; and the grand lie that Defendants’ faery-dusted affirmations about the Company’s business, operations, and prospects were either grossly misleading or severely lacked a viable foundation.
Take Action or Wait it Out?
To become a part of the class-action specter, you are absolved of any immediate action; you could summon counsel of your fancy or fall back and remain a passive spectator of the class-action show. If you pine to plunge deeper into this legal whirlpool or wish to have your queries addressed concerning this declaration or your stake in the pending class-action lawsuit, counsel with Howard G. Smith, Esquire, of Law Offices of Howard G. Smith at 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, via phone at (215) 638-4847 or through email at howardsmith@howardsmithlaw.com, or journey to our web abode at www.howardsmithlaw.com.
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Get in Touch
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com