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Yukon Metals Corp press release

SHAREHOLDER ALERT: SLI ELMS MP: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

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NEW YORK, NY / ACCESSWIRE / March 8, 2022 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Standard Lithium Ltd.(NYSE:SLI)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/standard-lithium-ltd-loss-submission-form?prid=24433&wire=1 Lead Plaintiff Deadline: March 28, 2022 Class Period: May 19, 2020 - November 17, 2021

Allegations against SLI include that: (i) the LiSTR Direct Lithium Extraction technology's extraction recovery efficiencies were overstated; (ii) accordingly, the Company's final product lithium recovery percentage at the Demonstration Plant would not be as high as the Company had represented to investors; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp.(NASDAQ:ELMS)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/electric-last-mile-solutions-inc-f-k-a-forum-merger-iii-corp-loss-submission-form?prid=24433&wire=1 Lead Plaintiff Deadline: April 4, 2022 Class Period: March 31, 2021 - February 1, 2022

Allegations against ELMS include that: (1) ELMS's previously issued financial statements were false and unreliable; (2) ELMS's earlier reported financial statements would need restatement; (3) certain ELMS executives and/or directors purchased equity in the Company at substantial discounts to market value without obtaining an independent valuation; (4) on November 25, 2021 (Thanksgiving), the Company's Board formed an independent Special Committee to conduct an inquiry into certain sales of equity securities made by and to individuals associated with the Company; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

MP Materials Corp. f/k/a Fortress Value Acquisition Corp.(NYSE:MP)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form?prid=24433&wire=1 Lead Plaintiff Deadline: April 25, 2022 Class Period: May 1, 2020 - February 2, 2022

Allegations against MP include that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.comor by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com

SOURCE : The Law Offices of Vincent Wong

View source version on accesswire.com: https://www.accesswire.com/692094/SHAREHOLDER-ALERT-SLI-ELMS-MP-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines

Earlier from Yukon Metals Corp