Core Viewpoint - Rosen Law Firm is reminding investors who purchased AMMO, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The class period for the AMMO securities is from August 19, 2020, to September 24, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by November 29, 2024 [1][4] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [2] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company [2] - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [2] Group 3: Allegations Against AMMO, Inc. - The lawsuit alleges that AMMO made false or misleading statements and failed to disclose critical information regarding its financial reporting and internal controls [3] - Specific allegations include inadequate internal controls, failure to disclose executive officers, and mischaracterization of fees related to investor relations [3] - The misleading statements led to investor damages when the true details were revealed [3]
ROSEN, A LEADING LAW FIRM, Encourages AMMO, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – POWW