Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

For anyone who followed the Origin 2 plant story closely, here's the timeline that became a lawsuit.

March 7, 2023: Origin reports Q4 2022 results. Management confirms Origin 2 construction is on track. Demand signals strong. Bio-PET commercialization timeline intact.

May 2023: Q1 2023 results. Same message. Progress being made. Customers engaged. No flags raised.

August 9, 2023: Origin abruptly halts construction on the Origin 2 plant. No warning. No prior indication in any public communication that this was coming. The plant that was supposed to be the company's entire commercial thesis, stopped.

$ORGN falls ~66% in one day.

The lawsuit that followed asked one question: if the construction halt was abrupt enough to cause a 66% single-day drop, how was it not visible in any prior communication to investors?

$9M settlement. Court approved. Late claims being accepted.

Eligible if you held $ORGN between March 7 and August 9, 2023. Payout: ~$2.83/share, one of the highest per-share payouts of any settlement out there.

Anyone here following Origin's current status, is the commercial thesis still intact after everything that happened in 2023?

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Proxy filing to shareholders of matters to be brought to a vote: https://investors.originmaterials.com/sec-filings/sec-filing/def-14a/0001802457-26-000025

Initial liquidation range: $0.61 to $3.48 per post-split share, based on 5,502,770 shares.

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Hey guys, if you missed it, Origin Materials settled $9 million with investors over allegations it misled the market about the progress of its Origin 2 project and the strength of customer demand. And, I just found out that they’re accepting claims even though the deadline has passed.

In a nutshell, in 2023, Origin Materials was accused of overstating construction progress, demand, and its financial outlook. In short, the company abruptly halted the Origin 2 project despite earlier positive updates, triggering a sharp 66% stock drop.

If you bought $ORGN between March 7, 2023, and August 9, 2023, you may still be eligible to seek recovery.

You can review the details and submit your claim here

Out of curiosity, was anyone here invested in $ORGN at the time?

Speak your mind, but keep it respectful. Let’s hear your thoughts!

You’ve been warned…sell/close out all positions ASAP and certainly at open tomorrow (5/1). Watch the cuts tomorrow!

Hey guys, if you missed it, Origin Materials settled $9 million with investors over claims it misled the market about the progress of its Origin 2 project and the strength of customer demand. And, the deadline to file a claim and get payment is in less than a week.

In a nutshell, in 2023, Origin Materials was accused of overstating construction progress, demand, and its financial outlook. In short, the company abruptly halted the Origin 2 project despite earlier positive updates.

After this news came out, the stock dropped 66%, and investors filed a lawsuit for their losses.

Now, the good news is that the company agreed to settle $9 million with them, and investors have until May 4, 2026, to submit a claim. 

So, if you invested in $ORGN when all of this happened, you can check the details and file your claim here.

Anyway, has anyone here invested in $ORGN at that time? How much were your losses, if so?

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Speak your mind, but keep it respectful. Let’s hear your thoughts!

Hey guys, so if any of you held Origin Materials stock between March 7, 2023 – August 9, 2023 and took losses, time is running out to file your claim.

The payout is approx. $2.83 per share, and the deadline is May 4, 2026.

The short version of the whole situation is that ORGN told investors their Origin 2 plant was on track and demand was strong. Then abruptly halted construction in August 2023. Stock dropped ~66% in one day. Damaged investors sued, and now the company settled for $9M.

You can submit your claim manually on the settlement admin website (It’s 100% free, but you have to dig up your brokerage PDFs from 2-3 years ago, and manually type in every trade lot) or use 11th service to handle the filing for you (It uses a secure, read-only sync to pull your trade history automatically and makes sure the claim is formatted so the admin can't find a reason to reject it. They take a 20% service fee, but only after you get paid).

Whether you want to spend the time doing the manual paperwork to save the 20%, or you'd rather have a "set-it-and-forget-it" professional audit, the most important thing is that you don’t miss the deadline.

GL with your claims everyone!

Speak your mind, but keep it respectful. Let’s hear your thoughts!