Lead Plaintiff Appointed in Ammo Class Action — Here’s How You Can Recover Your Losses

Court: D. Arizona

Case: 2:24-cv-02619

Lead Plaintiff has been appointed to represent investors in the class action against Ammo.

What is this lawsuit about?

On September 24, 2024, Ammo announced the resignation of its CFO, Robert Ollendick, at the board’s request, and disclosed an internal investigation into financial controls dating back to 2020. Following this, POWW dropped over 15%.

Then, on September 27, 2024, shareholders filed a claim against Ammo.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify POWW investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed — or follow this case for key updates.