LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of ASP Isotopes Inc. (“ASPI” or the “Company”) (NASDAQ: ASPI) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On November 26, 2024, Fuzzy Panda Research published a report alleging, among other things, that ASPI is “using old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment company” further stating that the Company lacks the license to enrich uranium. Additionally, the report claimed that the Company’s South African subsidiaries do not actually exist and that the Company uses multiple paid stock promoters.
On this news, ASPI’s stock price fell $1.80, or 23.5%, to close at $5.85 per share on November 26, 2024, thereby injuring investors.
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If you purchased ASPI securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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