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SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of PureCycle Technologies, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 12, 2021 - (PCT)

New York, New York--(Newsfile Corp. - June 22, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of PureCycle Technologies, Inc. (NASDAQ: PCT).

Shareholders who purchased shares of PCT during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/purecycle-technologies-inc-loss-submission-form/?id=17077&from=5

CLASS PERIOD : November 16, 2020 to May 5, 2021

ALLEGATIONS : The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the technology PureCycle licensed from Procter & Gamble is not proven and presents serious issues even at lab scale; (ii) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology are significant; (iii) PureCycle's financial projections are baseless; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

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The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88264