**Pomerantz LLP** is actively investigating claims on behalf of investors of Piedmont Lithium Inc. (PLL). Investors are encouraged to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

Focus on Piedmont Lithium Investigation

The investigation scrutinizes whether Piedmont Lithium and certain officers or directors engaged in securities fraud or other lawful business practices.

On August 12, 2024, Macquarie downgraded Piedmont Lithium from Outperform to Neutral. Concerns were cited regarding the Company’s cash generation capabilities and financial liabilities, particularly due to high production costs and low lithium prices.

As a result, Piedmont Lithium’s stock price dropped by 11.57%, closing at $7.34 on August 12, 2024.

Pomerantz LLP’s Tradition in Legal Excellence

**Pomerantz LLP**, with prominent offices worldwide, is a leading firm in corporate, securities, and antitrust litigation. Established by the late Abraham L. Pomerantz, the firm has been a pioneer in the field, advocating for victims of securities fraud and corporate misconduct for over 85 years.

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