Québec court dismisses class action against Loop Industries on July 29, 2022

Loop Industries, Inc.

Superior Court of Québec dismissed the Application for authorization of a class action and related action under section 225.4 of the Québec Securities Act.
The application was filed by an individual shareholder on behalf of a class of buyers of Loop securities during an undefined Class Period.
Defendants included Loop Industries, Inc., Loop Canada Inc., and certain officers and directors.
The class action was originally filed on October 13, 2020; dismissal resolves the matter.

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