{"id":81446,"date":"2023-01-12T05:30:27","date_gmt":"2023-01-12T05:30:27","guid":{"rendered":"http:\/\/kuwaitnewsgazette.com\/?guid=432937eb1d72e59fceb69fa75923c151"},"modified":"2023-01-12T05:30:27","modified_gmt":"2023-01-12T05:30:27","slug":"gwh-gwh-wt-equity-alert-rosen-global-investor-counsel-encourages-ess-tech-inc-investors-to-inquire-about-securities-class-action-investigation-gwh-gwh-wt","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/gwh-gwh-wt-equity-alert-rosen-global-investor-counsel-encourages-ess-tech-inc-investors-to-inquire-about-securities-class-action-investigation-gwh-gwh-wt\/","title":{"rendered":"GWH, GWH.WT EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ESS Tech, Inc. Investors to Inquire About Securities Class Action Investigation \u2013 GWH, GWH.WT"},"content":{"rendered":"
\n

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) —<\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, continues to investigate securities claims on behalf of shareholders of ESS Tech, Inc. (NYSE: GWH, GWH.WT) resulting from allegations that ESS Tech may have issued materially misleading business information to the investing public.<\/p>\n

SO WHAT:<\/strong> If you purchased ESS Tech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the prospective class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=10877<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

WHAT IS THIS ABOUT:<\/strong> On December 7, 2022, Grizzly Research issued a report alleging ESS Tech\u2019s partnership with Energy Storage Industries Asia Pacific (\u201cESI\u201d) is not actually a third party but an entity completely reliant on ESS without a real office, staff, or current business. The report alleged that ESS Tech, developer and producer of utility-scale batteries for long duration storage of electricity, concealed its relationship with ESI before announcing their partnership, hid the fact that ESI is a de-facto subsidiary of ESS masking as a third-party client, and misled investors with their partnership announcement to signal business success to investors.<\/p>\n

On this news, the price of ESS Tech\u2019s shares fell $0.24, or over 7.7%, to close at $2.64 per share on December 7, 2022, damaging investors.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 8728347<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate securities claims on behalf of shareholders of ESS Tech, Inc. (NYSE: GWH, GWH.WT) resulting from allegations that ESS Tech may have issued materially misleading business information to the investing public. SO WHAT: If you [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nGWH, GWH.WT EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ESS Tech, Inc. 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