#United States #New York #Securities Fraud #Pomerantz Law Firm #American Battery Technology

Pomerantz Law Firm Investigates ABAT Amid Allegations

On October 28, 2025, Pomerantz LLP announced that they are launching an investigation regarding claims made on behalf of investors within the American Battery Technology Company (NASDAQ: ABAT). This scrutiny smells of potential securities fraud, leading to rippling concerns over corporate practices amid significant revenue losses. Interested investors have been advised to reach out to Danielle Peyton at [email protected] for further details on how to get involved.

Recent Developments

The investigation stemmed from alarming news on October 15, 2025, when American Battery disclosed a critical filing with the U.S. Securities and Exchange Commission (SEC). They announced that the U.S. Department of Energy (DoE) had terminated a significant grant that would have funded the construction of a large-scale facility designed to manufacture battery cathode grade lithium hydroxide. This particular grant was hugely consequential, with the DoE set to contribute a considerable $57.7 million—a figure equaled by American Battery itself.

Consequently, the fallout was immediate and dramatic. Following the announcement, ABAT's stock tumbled by $6.48, marking a staggering drop of approximately 57.19% in share price, settling at just $1.85 per share by October 17, 2025. This sharp decline of investor confidence raises critical concerns regarding the governance at American Battery, particularly with its executive officers and board of directors.

Pomerantz's Role

Pomerantz LLP is more than just a firm; it has been a beacon for victims of corporate fraud for over eight decades. Established by the eminent Abraham L. Pomerantz, revered as the dean of the class-action bar, the firm has made significant inroads in championing the rights of those impacted by securities fraud and breaches of fiduciary duty. Today, Pomerantz holds offices in key global cities including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, ensuring that it is positioned at the nexus of corporate litigation.

In the realm of corporate misconduct, Pomerantz’s ability to reverse corporate dishonesty into financial recompense has won it a reputation as one of the premier firms in securities class litigation, recovering many multimillion-dollar settlements in favor of its clients.

A Call to Investors

Given the recent developments, investors who possess shares or have financial ties to American Battery should examine their options carefully. The investigation into allegations of securities fraud and possible unlawful business practices signifies a turning point in how stakeholders view the company. If you are an affected investor, it may be prudent to investigate your rights and the potential for recovery through legal means.

Conclusion

In the uncertain climate that surrounds American Battery Technology Company, the investigation led by Pomerantz LLP serves as both a warning and an opportunity for investors. With significant financial implications at stake, the unfolding narrative will reveal much about the company's future prospects and the accountability of its leadership. Potential investors or current stakeholders should remain vigilant and informed.

For those interested in learning more or joining the potential class action, further details can be obtained by contacting Pomerantz LLP at the provided contact email.

For more information on their ongoing efforts, please visit www.pomlaw.com.