Ehang Holdings Limited Class Action Lawsuit - EH

Company
Ehang Holdings Limited (NASDAQ: EH)
Lead Plaintiff Deadline
April 19, 2021 (Expired)
Class Period
December 12, 2019 - February 16, 2021

Expired

Lead Plaintiff Deadline

Apr 19, 2021

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Allegations

(i) the Company’s purported regulatory approvals in Europe and North American for its EH216 were for use as a drone, and not for carrying passengers; (ii) its relationship with its purported primary customer is a sham; (iii) EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (iv) the Company’s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the EH class action lawsuit, you must have incurred a loss on shares of Ehang Holdings purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Ehang Holdings during the relevant time frame or pursuant to the relevant offering(s), you have until April 19, 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.

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