NEW YORK–(BUSINESS WIRE)–Faruqi & Faruqi, LLP, a leading national securities law firm, reminds
investors in Taronis Technologies, Inc. (“Taronis” or the “Company”)
(NASDAQ:TRNX) of the June 14, 2019 deadline to seek the role of lead
plaintiff in a federal securities class action that has been filed
against the Company.

If you invested in Taronis stock or options between January 28, 2019
and February 12, 2019
and would like to discuss your legal rights, click
here
: www.faruqilaw.com/TRNX.
There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at
877-247-4292
or at 212-983-9330 or by sending an e-mail to [email protected].

The lawsuit has been filed in the U.S. District Court for the Middle
District of Florida on behalf of all those who purchased Taronis common
stock between January 28, 2019 and February 12, 2019 (the “Class
Period”). The case, Hatten v. Taronis Technologies Inc et al., No.
19-cv-00889 was filed on April 15, 2019, and has been assigned to
Judge Charlene Edwards Honeywell.

The lawsuit focuses on whether the Company and its executives violated
federal securities laws by failing to disclose that: (1) the Company did
not have a contract with the City of San Diego; and (2) the Company or
its management had engaged in a scheme to defraud.

On February 12, 2019, the Company issued a Form 8-K, noting that
the “Company has determined that it is necessary to correct its prior
disclosure . . . The Company treats purchase orders as contracts and
made its prior disclosure with that treatment in view, however, the
Company does not have any formal binding contracts, agreements or
long-term purchase commitments with the City of San Diego beyond the
existing approval, nor any commitment that any of the Company’s products
will be purchased as the products of choice for their respective
applications.”

On this news, the Company’s stock price fell precipitously, causing
investors to suffer damages.

The court-appointed lead plaintiff is the investor with the largest
financial interest in the relief sought by the class who is adequate and
typical of class members who directs and oversees the litigation on
behalf of the putative class. Any member of the putative class may move
the Court to serve as lead plaintiff through counsel of their choice, or
may choose to do nothing and remain an absent class member. Your ability
to share in any recovery is not affected by the decision to serve as a
lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding
Taronis’s conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is
Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We welcome the opportunity to discuss your
particular case. All communications will be treated in a confidential
manner.

Contacts

FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New
York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone:
(877) 247-4292 or (212) 983-9330