chad hatten NEW York

According to the Complaint, Taronis purportedly operates as an energy company that offers technology solutions to create, process, and produce hydrogen-based fuel through the gasification of carb-rich liquids. Taronis formerly operated under the name of MagneGas Applied Technology Solutions, Inc.

The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company did not have a contract with the City of San Diego; (2) the Company or its management had engaged in a scheme to defraud; and (3) that, as a result of the foregoing, the Company’s public statements were materially false and misleading at all relevant times.

COMPANY INFORMATION:

Sector: Energy

Industry: Alternative Energy

Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: TRNX

Company Market: NASDAQ

Market Status: Public (Listed)

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“Company” information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, “Securities” information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.

COURT: M.D. Florida

DOCKET #: 19-CV-00889

JUDGE: Hon. Charlene Edwards Honeywell

DATE FILED: 04/15/2019

CLASS PERIOD START: 01/28/2019

CLASS PERIOD END: 02/12/2019

PLAINTIFF FIRMS NAMED IN COMPLAINT:

First Identified Complaint (FIC) Filings:

NoDocument TitleFiling Date1Class Action Complaint for Violation of the Federal Securities Laws04/15/20192U.S. District Court Civil Docket04/15/2019

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