On May 23, 2018, the Honorable Haywood S. Gilliam, Jr. of the U.S. District Court for the Northern District of California issued an order appointing Berman Tabacco as Co-Lead Counsel for plaintiffs in the securities class action lawsuit against Aqua Metals, Inc. The action was brought on behalf of all persons who acquired the common stock of Aqua Metals, Inc. during the period between May 19, 2016 and November 9, 2017. The Order further appointed as Lead Plaintiff Berman Tabacco’s client, Plymouth County Retirement Association, as well as an individual investor and his private investment company.
During the class period, Aqua Metals touted that it had developed a technology called AquaRefining, which had the potential to revolutionize lead recycling and make lead-acid batteries the only truly sustainable battery technology. However, the suit alleges, the Company misled investors about the status of its implementation and operations of its AquaRefining technology.
The case is: In re Aqua Metals, Inc. Securities Litigation, No. 4:17-cv-07142-HSG (N.D. Cal.). The litigation team includes Nicole Lavallee, Kristin Moody, and Chowning Poppler from the firm’s San Francisco office, and Leslie Stern from the Boston office.