The Rosen Law Firm, a global investor rights firm, reminds purchasers of
Solazyme, Inc. (NASDAQ:SZYM) securities from February 27, 2014 through
November 5, 2014, both dates inclusive (the “Class Period”) including
its March 27, 2014 follow-on public stock offerings (“the Offerings”) of
the important August 24, 2015 lead plaintiff deadline in the class
action. The lawsuit seeks to recover damages for Solazyme investors
under the federal securities laws.
To join the Solazyme class action, go to the firm’s website at http://www.rosenlegal.com/cases-650.html
or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653
or email pkim@rosenlegal.com or kchan@rosenlegal.com
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, during the Class Period, Solazyme misstated
and/or failed or disclose unfavorable news about its new renewable oils
production facility in Moema, Brazil. Solazyme initially failed to
report that the Moema Facility suffered construction delays stemming
from the inadequate availability of electricity and steam utilities. As
a result, the lawsuit claims that Solazyme was prevented from increasing
output to its previously projected levels. When the true details entered
the market, the complaint asserts that Solazyme’s share price declined
and investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than August 24, 2015. A
lead plaintiff is a representative party acting on behalf of other class
members directing the litigation. If you wish to join the litigation, go
to the firm’s website http://www.rosenlegal.com/cases-650.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law
Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
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