Levi & Korsinsky, LLP announces that a 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 Inc. 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 Inc. 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.