ATLANTA, Dec. 09, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against DMC Global Inc. (“DMC Global” or the “Company”) (NASDAQ: BOOM). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about DMC Global’s business, operations, and prospects, including allegations that: (i) the goodwill associated with Acadia Products was overstated due to the adverse events and circumstances affecting that reporting segment; (ii) DMC Global’s materially inadequate internal systems and processes were adversely affecting its operations; (iii) the Company’s inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate, and complete; and (iv) as a result, Defendants misrepresented DMC Global’s operations and financial results.

If you bought shares of DMC Global between May 3, 2024 and November 4, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/dmc-global/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is February 4, 2025.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.  

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

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