Levi & Korsinsky, LLP announces that an APPH class action lawsuit has been filed on behalf of investors who purchased AppHarvest, Inc. (APPH) securities between May 17, 2021, and August 10, 2021. For more on the APPH Lawsuit please contact us today.
According to the AppHarvest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) AppHarvest lacked sufficient training for its recently expanded labour force; (2) as a result, the Company could not produce Grade No. 1 tomatoes consistently; (3) as a result, the Company’s financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you suffered a loss in AppHarvest you have until November 23, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171