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 December 10, 2020 and August 16, 2021. For more on the ZEV Lawsuit please contact us today.
According to the Lightning Emotors, Inc 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, Inc 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.