Recent Security Class Actions

Renewable Innovations Inc (US TRADING VENUE: REII)

35 Days left to seek lead plaintiff status.

Company Name:Renewable Innovations Inc
Stock Symbol:US TRADING VENUE: REII
Class Period Start:12/01/2022
Class Period End (inclusive):09/14/2023
Filing Deadline:11/26/2024

On September 14, 2023, Renewable Innovations was delisted from all trading platforms for failure to comply with SEC filing requirements.

The Complaint alleges that, throughout the Class Period, Defendants failed to comply with their fiduciary and legal obligations by: (i) selecting an inexperienced and inadequate accounting firm with little to no experience in the preparation of financial statements for public companies to prepare the Company’s financial statements, (ii) intentionally neglecting to oversee and manage the efforts of such accounting firm, and (iii) intentionally abandoning all efforts to cure their breaches, failures and gross mismanagement, which resulted in (A) the Company’s delisting from the OTCQB, (B) the Company’s loss of access to the public capital markets to raise capital, (C) the shareholders’ complete loss of their ability to sell their shares, and (D) substantial harm to the shareholders of Renewable Innovations.

Renewable Innovations Inc (US TRADING VENUE: REII) Claim Form

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