Companies

ASP Isotopes, Inc. Faces Class Action Lawsuit from Johnson Fistel

Published January 9, 2025

SAN DIEGO, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is initiating a class action lawsuit for the benefit of investors in ASP Isotopes Inc. (NASDAQ: ASPI). This legal action aims to recover losses incurred by those who purchased ASP Isotopes securities during the period from October 30, 2024, to November 26, 2024.

Investors looking to participate in the lawsuit have until February 3, 2025, to apply to the Court to become the lead plaintiff. Being a lead plaintiff means you will represent all other class members in guiding the class action forward. Interested investors can find out if they're eligible for potential recovery by submitting their information at this link.

Key Details of the Lawsuit

The Complaint accuses ASP Isotopes of issuing false and misleading statements that inflated the Company's reputation in the eyes of investors. Specifically, the lawsuit alleges that ASP Isotopes exaggerated the effectiveness of its enrichment technology and overstated the capabilities of its facility designed for high assay low-enriched uranium. Furthermore, the complaint claims that the Company misrepresented the performance of its nuclear fuels operating segment.

As a result of these misleading statements, investors were misled and ultimately suffered financial losses when the truth about ASP Isotopes emerged.

What Investors Should Do

Shareholders who experienced losses during the specified class period still have time to act. They must file to become lead plaintiff by February 3, 2025. The lead plaintiff can select a desired law firm to oversee the case on behalf of all investors. However, it's important to note that becoming a lead plaintiff is not a requirement for sharing in any potential recovery from the class action lawsuit.

About Johnson Fistel, LLP

Johnson Fistel, LLP is a highly regarded national law firm that specializes in shareholder rights. With offices across California, New York, Georgia, and Colorado, the firm represents both individual and institutional investors involved in shareholder derivative and securities class action lawsuits. The firm also supports international investors engaging in U.S. exchanges and provides updates on stock drops and shareholder recovery opportunities. More information about the firm can be found at their website.

For additional inquiries, interested parties can contact: James Baker at (619) 814-4471 or via email at [email protected].

This notice serves for advertisement purposes only and does not guarantee any particular results.

lawsuit, investors, ASP, securities, JohnsonFistel