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The Climate Litigation Database
Litigation

Rosencrants v. Danimer Scientific, Inc.

Date
2021
Geography
New York
Part of
Swanson v. Danimer Scientific, Inc.

About this case

Filing year
2021
Status
Motion to dismiss granted.
Geography
Docket number
1:21-cv-02708
Court/admin entity
United States → United States Federal Courts → E.D.N.Y.
Case category
Securities and Financial Regulation
Principal law
United States → Securities Act of 1933/Securities Exchange Act of 1934
At issue
Federal securities class action against company that produces a biodegradable plastic alternative for allegedly making false and misleading statements about the company, including by overstating the product's biodegradability in oceans and landfills.

Documents

Filing Date
Type
Action Taken
Document
Summary
09/30/2023
Decision
Motion to dismiss granted.
View
–
05/14/2021
Complaint
Complaint filed.
View
–

Summary

Federal securities class action against company that produces a biodegradable plastic alternative for allegedly making false and misleading statements about the company, including by overstating the product's biodegradability in oceans and landfills.