Sigma Lithium Corporation (NASDAQ: SGML)

This investigation is for anyone who acquired securities in Sigma Lithium Corporation (NASDAQ: SGML) from January 23, 2023 through October 5, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that Company executives ran the Company professionally and ethically and with adequate operational controls, but then allowing a pending divorce between the Company’s CEO and the Company’s former co-CEO to spiral into a dispute that significantly threatens corporate operations.

On October 5, 2023, Reuters reported that Sigma Lithium’s COO, Brian Talbot, left the Company at the end of September. Previously, Reuters reported that divorce proceedings between Sigma Lithium’s CEO Ana Cabral-Gardner, and former co-CEO Calvyn Gardner triggered several lawsuits, “including a dispute over some of the mineral rights where Sigma plans to build mining pits.” On this news, the price of the Company’s stock 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 Sigma Lithium Corporation (NASDAQ: SGML) from January 23, 2023 through October 5, 2023 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.