Lead Plaintiff Deadline is Approaching - Act Now

DMC Global Inc® Class Action

Garson v. DMC Global Inc. et al.

DMC Global Inc

NASDAQ: BOOM

Class Period : 05/03/2024 - 11/04/2024

Lead Plaintiff Motion Deadline: 2/4/2025

Alleged Misstatements and Omissions
The class action lawsuit alleges that DMC Global Inc. made false and misleading statements about its business operations and financial health, including:

  1. Despite adverse conditions, overstates the goodwill associated with its principal business segment, Arcadia Products.
  2. Failing to maintain adequate internal systems and processes negatively impacts operations.
  3. Inaccurate financial guidance and public disclosures due to these inadequate systems.
  4. Misrepresenting its operations and financial results to investors.
  5. Issuing materially false or misleading public statements lacking a reasonable basis.

These alleged misstatements gave investors a misleading picture of the company's stability and growth prospects.

Effects on Stock Prices
The truth about DMC Global's financial situation was revealed in two key disclosures:

  • October 21, 2024: DMC Global revised its Q3 financial guidance and announced a $142 million goodwill impairment charge related to its acquisition of Arcadia. This caused the stock price to drop over 18%, from $12.93 to $10.57 per share.
  • November 4, 2024: The company reported disappointing Q3 financial results. Following this news, the stock fell an additional 6%, from $9.84 to $9.25 per share.

These disclosures highlighted the significant financial challenges the company had downplayed.

Legal Rights for Affected Shareholders
Shareholders who purchased DMC Global stock before October 21, 2024, may have legal grounds to recover their financial losses. The lawsuit claims violations of securities laws, citing the company's misrepresentations and omissions.

By joining the class action, you can:

  • Seek compensation for losses tied to DMC Global stock.
  • Hold the company accountable for alleged securities law violations.
  • Demand better corporate transparency and fairness for investors.

Take Action Today
Don't delay in protecting your rights. Contact experienced legal professionals specializing in securities fraud to ensure your claim is filed before legal deadlines.

Joining the DMC Global class action unites affected shareholders to demand accountability and pursue fair compensation. Time is of the essence—take action today to safeguard your legal rights.

iStock-1455038781

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we are committed to standing up for shareholders who have been wronged. Our team has extensive experience handling high-stakes class action lawsuits, and we're here to help you evaluate your legal options.  

With our expertise, we will:  

  • Investigate your claims thoroughly.  
  • Seek the maximum compensation you're entitled to.  
  • Keep you informed every step of the way.  

Don't let misleading corporate practices go unanswered. Contact DiCello Levitt today for a free, private case evaluation. Together, we'll assess your case and determine the value of your potential compensation. Take action now to secure your financial future.  

All victims affected by DMC Global Inc.®'s alleged deceptive practices and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

Find Out if You may be a Member
of the Class

DMC Global Inc® Class Action

Garson v. DMC Global Inc. et al.

DMC Global Inc

NASDAQ: BOOM

Class Period : 05/03/2024 - 11/04/2024

Lead Plaintiff Motion Deadline: 2/4/2025

Alleged Misstatements and Omissions
The class action lawsuit alleges that DMC Global Inc. made false and misleading statements about its business operations and financial health, including:

  1. Despite adverse conditions, overstates the goodwill associated with its principal business segment, Arcadia Products.
  2. Failing to maintain adequate internal systems and processes negatively impacts operations.
  3. Inaccurate financial guidance and public disclosures due to these inadequate systems.
  4. Misrepresenting its operations and financial results to investors.
  5. Issuing materially false or misleading public statements lacking a reasonable basis.

These alleged misstatements gave investors a misleading picture of the company's stability and growth prospects.

Effects on Stock Prices
The truth about DMC Global's financial situation was revealed in two key disclosures:

  • October 21, 2024: DMC Global revised its Q3 financial guidance and announced a $142 million goodwill impairment charge related to its acquisition of Arcadia. This caused the stock price to drop over 18%, from $12.93 to $10.57 per share.
  • November 4, 2024: The company reported disappointing Q3 financial results. Following this news, the stock fell an additional 6%, from $9.84 to $9.25 per share.

These disclosures highlighted the significant financial challenges the company had downplayed.

Legal Rights for Affected Shareholders
Shareholders who purchased DMC Global stock before October 21, 2024, may have legal grounds to recover their financial losses. The lawsuit claims violations of securities laws, citing the company's misrepresentations and omissions.

By joining the class action, you can:

  • Seek compensation for losses tied to DMC Global stock.
  • Hold the company accountable for alleged securities law violations.
  • Demand better corporate transparency and fairness for investors.

Take Action Today
Don't delay in protecting your rights. Contact experienced legal professionals specializing in securities fraud to ensure your claim is filed before legal deadlines.

Joining the DMC Global class action unites affected shareholders to demand accountability and pursue fair compensation. Time is of the essence—take action today to safeguard your legal rights.

iStock-1455038781

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we are committed to standing up for shareholders who have been wronged. Our team has extensive experience handling high-stakes class action lawsuits, and we're here to help you evaluate your legal options.  

With our expertise, we will:  

  • Investigate your claims thoroughly.  
  • Seek the maximum compensation you're entitled to.  
  • Keep you informed every step of the way.  

Don't let misleading corporate practices go unanswered. Contact DiCello Levitt today for a free, private case evaluation. Together, we'll assess your case and determine the value of your potential compensation. Take action now to secure your financial future.  

All victims affected by DMC Global Inc.®'s alleged deceptive practices and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

100% Free & Secure Case Evaluations

Answer a few basic questions to get started

We'll ask specific questions to understand the situation, damage risk, and other vital information to help determine the next steps.

Receive a confidential evaluation

A qualified legal team led by a Financial Products Litigation attorney will consider the facts of your case.

DMC Global Inc.® Investors may have grounds to pursue legal action and financial recovery of damages.

This website offers general information only and is not legal or investment advice. This advertisement is not associated with any government agency.

www.stockfraudclaim.com is the property of Shield Legal LLC. 5170 Badura Ave Las Vegas, NV 89118

Participating law firm: DiCello Levitt LLP, 10 North Dearborn Street Sixth Floor Chicago, IL 60602. For additional terms, disclaimers, and conditions, please visit https://dicellolevitt.com/privacy-policy/

This website is not part of the Facebook website or Facebook, Inc., and it is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of Facebook, Inc.

ATTORNEY ADVERTISING. This Website does not provide investment, legal, or medical advice. Every case is evaluated on its facts and circumstances. Valuation depends on facts, injuries, jurisdiction, venue, witnesses, parties, and testimony, among other factors. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. Stock Fraud Claim does not itself provide legal services. Cases will be referred to third-party attorneys and law firms.  Court costs and case expenses may be the responsibility of the client. Not available in all states. This advertisement is not intended as a testimonial, endorsement, or dramatization and does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter, either expressed or implied. Anyone considering a lawyer should independently investigate the lawyer's credentials and ability, and not rely upon advertisements or self-proclaimed expertise. Only persons age 18 or older have permission to access our Service. Our Service does not address anyone under 13 ("Children").

NO ATTORNEY-CLIENT RELATIONSHIP. Use of this website, including sending or receiving information through it, does not establish an attorney-client relationship, nor is any non-passworded information considered privileged or confidential. No class has been certified.  Until a case is filed and a class is certified, you are not represented by counsel unless you retain one.  You may select counsel of your choice.  An attorney-client relationship with DiCello Levitt is established only by an express written agreement signed by DiCello Levitt to represent you.

Attorney Advertising.  Prior results do not guarantee a similar outcome.

Privacy Policy | Terms and Conditions | CCPA Privacy Notice | Do Not Sell My Info

©2024 Stock Fraud Claim. All Rights Reserved