Recent Security Class Actions

PetroTerra Corp. (US TRADING VENUE: PTRA)

Company Name:PetroTerra Corp.
Stock Symbol:US TRADING VENUE: PTRA
Class Period Start:08/02/2022
Class Period End (inclusive):08/07/2023
Filing Deadline:09/12/2023

The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company repeatedly stated the $523 on their balance sheet meant the company had abundant liquidity and financial stability; and, (ii) the new factory in Greer, South Carolina would continue to improve production efficiency and gross margins.