PHILADELPHIA, PA / ACCESSWIRE / November 22, 2021 / Kehoe Law Firm, P.C. is investigating whether Standard Lithium Ltd. ("Standard Lithium" or the "Company") (NYSE:SLI) violated federal securities laws or engaged in other unlawful business practices.
Standard Lithium investors should be aware that on November 18, 2021, Seeking Alpha reported that Blue Orca Capital issued a short report which ". . . claims that Standard Lithium is ‘massively overvalued' and that data it has uncovered indicates the ‘actual recovery rate' from an Arkansas facility is ‘magnitudes lower' than what the company asserts."
On this news, shares of Standard Lithium stock were down more than 18% during intraday trading on November 18, 2021.
On November 22, 2021, The Motley Fool reported that "[t]hrough a series of tweets on Nov. 22, [Blue Orca] claimed Standard Lithium not only failed to address the firm's investment thesis in [Standard Lithium's] response [to Blue Orca's short report] but also contradicted its own previous disclosures."
Standard Lithium's stock share price closed down over 9% on November 22, 2021, thereby injuring investors.
STANDARD LITHIUM INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY'S SECURITIES AND SUFFERED LOSSES GREATER THAN $50,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM'S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, JKEHOE@KEHOELAWFIRM.COM, OR MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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SOURCE: Kehoe Law Firm, P.C.
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