Origin Materials, Inc. (NASDAQCM: ORGN) Investor Reminder: Schubert Jonckheer Investigating Possible False Claims

Schubert Jonckheer & Kolbe LLP reminds Origin Materials, Inc. (NASDAQCM: ORGN) investors that the firm is investigating potential legal claims relating to alleged false statements regarding an Origin manufacturing plant under development, originally scheduled for completion by mid-2025. Current shareholders are encouraged to contact the firm here.

On February 12, 2025, U.S. District Judge William B. Shubb ruled that key claims in a securities fraud lawsuit against Origin and its CEO will move forward. The lawsuit alleges that between February 2023 and August 2023, Origin intentionally misled investors about the production focus and timeline for its new facility, known as Origin 2. These statements allegedly caused Origin’s stock price to trade at artificially inflated prices. Judge Shubb found that the complaint sufficiently alleged that the defendants made false and misleading statements with an intent to defraud. When the truth was revealed in August 2023 that the Origin 2 project would be delayed several years and no longer produce paraxylene (PX), Origin’s stock fell 67%.

We are investigating potential wrongdoing by Origin’s directors and officers in connection with these allegations.

If you own stock in Origin and want more information about your legal rights, please fill out the form below.