Ademi LLP is investigating possible securities fraud claims against Origin (Nasdaq: ORGN). The investigation results from inaccurate statements Origin may have made regarding its business operations and prospects.
The investigation focuses on Origin’s disclosures with respect to the capital budget and construction timeline for its Origin 2 project. On August 9, Origin shocked the market when it announced that Origin 2 was to be completed in two phases, with Phase 1 estimated to be completed in late 2026 to 2027, and Phase 2 estimated to be completed in 2028, compared with its initial expectation for a mid-2025 completion.