Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Cl

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2023-06-08 19:50:00  • 6 mins

Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Atlas Lithium Corporation ("Atlas Lithium" or the "Company") ATLX securities between March 25, 2022 and May 3, 2023, inclusive (the "Class Period"). Atlas Lithium investors have until August 1, 2023 to file a lead plaintiff motion.

If you suffered a loss on your Atlas Lithium investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Atlas-Lithium-Corporation/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

On May 4, 2023, Bleecker Street Research published a report alleging, among other things, that Atlas Lithium "resembles many of the characteristics of a pump and dump"; that "Atlas Lithium's CEO was previously associated with Hunter Wise Securities, a broker fined $105 million for claiming to sell physical gold that it didn't have"; and that "[EF Hutton, a] similarly disastrous bank[,] handled ATLX's most recent offering and uplisting in early January."

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