Aqua Metals Strikes $7M Investor Deal Over Recycling Tech

By Melissa Angell (July 6, 2021, 7:07 PM EDT) -- A proposed class estimated to include thousands of Aqua Metals investors asked a California federal judge Friday to preliminarily approve a $7 million settlement which would resolve claims that the company artificially inflated its stock value by concealing problems over its lead recycling technology.

Under the terms of the tentative deal, $6.5 million would be doled out to the proposed class along with $500,000 in Aqua Metals common stock or cash. If Aqua Metals chooses the common stock option, the lead plaintiff will sell the stock and distribute the proceeds among the class, according to the motion for preliminary approval....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!