Levi & Korsinsky, LLP announces that an EVA class action lawsuit has been filed on behalf of investors who purchased Enviva Inc. (EVA) securities between February 21, 2019, and October 11, 2022 For more on the EVA Lawsuit please contact us today.
According to the Enviva lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Enviva had misrepresented the environmental sustainability of its wood pellet production and procurement; (ii) Enviva had similarly overstated the true measure of cash flow generated by the Company’s platform; (iii) accordingly, Enviva had misrepresented its business model and the Company’s ability to achieve the level of growth that defendants had represented to investors; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Enviva you have until January 3, 2023, 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