The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) Rentech's resources were not sufficient to overcome any operating challenges and remaining bottleneck at its Wawa facility; (2) as result, the Wawa facility would not reach approximately 60% of production capacity within the next couple quarters and achieve full capacity in the range of 400,000 to 450,000 metric tons late in the year; (3) consequently, Defendants' statements about Rentech's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On February 21, 2017, Rentech revealed due to equipment and operational issues that requires additional unbudgeted capital investments, it would idle its Wawa facility. Rentech also mentioned "continued uncertainty" about the profitability of pellets produced at the facility and advised shareholders that it was exploring strategic alternatives for both the Wawa facility and the Company.