NEW YORK, December 24, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Solid Power, Inc. (“Solid Power” or the “Company”) SLDP. Those investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, extension 7980.

The investigation concerns whether Solid Power and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

[Click here for information about joining the class action]

On November 29, 2022, Solid Power abruptly announced the resignation of Douglas Campbell as Chief Executive Officer and from the Company’s Board of Directors, effective immediately. Following news of Campbell’s resignation, DA Davidson analyst Michael Shlisky downgraded Solid Power’s stock to neutral from buy.

As a result of this news, Solid Power’s stock price fell $0.62 per share, or 14.45%, to close at $3.67 per share on November 30, 2022.

The Pomerantz law firm, with offices in New York, Chicago, Los Angeles, London and Paris, is recognized as one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, known as Dean of the Class Attorney’s Association, the Pomerantz firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz law firm continues the tradition he established and fights for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomerantzlaw.com.

CONTACT:
Robert S Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980