Recent Securities Litigations

Taronis Technologies, Inc. (NASDAQ: TRNX)

Company Name:Taronis Technologies, Inc.
Stock Symbol:NASDAQ: TRNX
Class Period Start:01/28/2019
Class Period End (inclusive):02/12/2019

According to the Complaint, Taronis purportedly operates as an energy company that offers technology solutions to create, process, and produce hydrogen-based fuel through the gasification of carb-rich liquids. Taronis formerly operated under the name of MagneGas Applied Technology Solutions, Inc.

The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company did not have a contract with the City of San Diego; (2) the Company or its management had engaged in a scheme to defraud; and (3) that, as a result of the foregoing, the Company's public statements were materially false and misleading at all relevant times.