Levi & Korsinsky, LLP announces that a GOEV class action lawsuit has been filed on behalf of investors who purchased Canoo Inc. (GOEV) securities between August 18, 2020 and March 29, 2021. For more on the GOEV Lawsuit please contact us today.
According to the Canoo Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:
(i) the Company’s engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; 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 Canoo Inc. you have until June 1, 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.