Robbins Geller Rudman & Dowd and Johnson Fistel LLP filed a securities class action against commercial space company Momentus Inc. and blank check company Stable Road Acquisition Corp. in California Central District Court on Thursday. Filed in connection with their 2020 merger announcement. The lawsuit, which follows a similar enforcement action by the SEC, alleges the defendants misled investors about the commercial viability of Momentus’ technology and failed to disclose that the U.S. government announced it had announced Momentus CEO Mikhail Kokorich , viewed as a national security threat. No lawyers have yet appeared for the defendants. The case is 2: 21-cv-05744, Jensen v. Stable Road Acquisition Corp. et al.

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