DMC Global Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 4, 2025 to Discuss Your Rights – BOOM

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in DMC Global Inc. (“DMC Global Inc.” or the “Company”) (NASDAQ: BOOM) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DMC Global Inc. investors who were adversely affected by alleged securities fraud between May 3, 2024 and November 4, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/dmc-global-inc-lawsuit-submission-form?prid=117317&wire=3

BOOM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the goodwill associated with Acadia products was overstated due to the adverse events and circumstances affecting that reporting segment; (ii) DMC Global’s materially inadequate internal systems and processes were adversely affecting its operations; (iii) the Company’s inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate, and complete; (iv) as a result, defendants misrepresented DMC Global’s operations and financial results; and/or (v) as a result, the Company’s public statements were materially false, misleading, or lacked a reasonable basis when made.

WHAT’S NEXT? If you suffered a loss in DMC Global Inc. during the relevant time frame, you have until February 4, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com