NEW YORK, Nov. 20, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of SCHMID Group N.V. ("Schmid" or the "Company") (NASDAQ: SHMD). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Schmid and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On November 17, 2025, Schmid issued a press release disclosing receipt of a staff determination letter from the Nasdaq's Listing Qualifications Department, advising the company of the staff's decision "to delist the Company's ordinary shares and warrants from Nasdaq unless the Company timely appeals the staff's determination," due to the Company's failure to file its annual report for 2024.
On this news, Schmid's stock price fell $1.73 per share, or 31.51%, over the following two trading sessions, to close at $3.76 per share on November 18, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
