ASP Isotopes, Inc. (NASDAQ: ASPI)

This lawsuit is for anyone who acquired securities in ASP Isotopes, Inc. (NASDAQ: ASPI) from October 30, 2024 through November 26, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating the potential effectiveness of the Company’s enrichment technology.

On November 26, 2024, Fuzzy Panda Research published a report alleging, among other things, that ASPI is “using old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment company” further stating that the Company lacks the license to enrich uranium. Additionally, the report claimed that the Company’s South African subsidiaries do not actually exist and that the Company uses multiple paid stock promoters. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in ASP Isotopes, Inc. (NASDAQ: ASPI) from October 30, 2024 through November 26, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.