Levi & Korsinsky, LLP announces that a ZEV class action lawsuit has been filed on behalf of investors who purchased Lightning Emotors, Inc (ZEV) securities between May 7, 2021, and August 16, 2021. For more on the ZEV Lawsuit please contact us today.
According to the Lightning Emotors lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company would record a substantially greater net loss per share in the second quarter of 2021 compared to the second quarter of 2020 and would pull its full-year guidance for the remainder of 2021; (ii) accordingly, the Company materially overstated its financial position and/or prospects; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Lightning Emotors you have until December 15, 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