Investing.com has filed a securities fraud lawsuit against Evolv Technologies (EVLV).

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Philadelphia, Pennsylvania–(Newsfile Corp. – December 21, 2024) – A securities class action lawsuit has been filed against Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV). The lawsuit was filed on behalf of buyers of EVOLV Securities between August 19, 2022 and October 30, 2024 (including the “Class Period”).

CLICK HERE To learn more about this lawsuit.

Investors who have bought or acquired EVOLVE Securities during the Class Period may request appointment as lead plaintiff for the class no later than DECEMBER 31, 2024.

Headquartered in Waltham, MA, Evolv is a security technology company that uses AI-based verification to create safer experiences.

According to the lawsuit, throughout the Class Period, Evolv and its senior management failed to alert investors that the company’s financial reports contained material misstatements regarding Evolv’s revenue recognition and other revenue-related metrics.

For more information or to learn how to participate in this litigation, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.netor CLICK HERE.

A lead plaintiff is a representative party acting on behalf of all class members in directing the litigation. The lead plaintiff is typically the investor or small group of investors that has the greatest financial interest and is also appropriate and typical of the proposed class of investors. The lead plaintiff shall select counsel to represent the lead plaintiff and the class, and such attorneys, if approved by the court, shall be lead or class counsel. However, your ability to participate in the recovery will not be affected by the decision whether or not to serve as lead plaintiff. Communication with legal counsel is not necessary to attend or participate in the recovery achieved in this case. Any member of the purported class may request the Court to serve as lead plaintiff through counsel of their choice, or may elect to do nothing and remain an inactive class member.

Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, DC, San Diego, San Francisco, and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented retail and institutional investors for over five years and has served as senior counsel in courts throughout the United States for decades.

Contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234877





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