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The Climate Litigation Database

Rosencrants v. Danimer Scientific, Inc.

About this case

Filing year
2021
Status
Motion to dismiss granted.
Docket number
1:21-cv-02708
Court/admin entity
United States → United States Federal Courts → United States District Court for the Eastern District of New York (E.D.N.Y.)
Case category
Securities and Financial Regulation (US)
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.
Topics
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Documents

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Document
Type
Topics 
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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.

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Group
Topics
Policy instrument
Risk
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance