Pawar Law Group Announces a Securities Class Action Lawsuit Against Velodyne Lidar, Inc.– VLDR, VLDRW

NEW YORK, March 5, 2021 (GLOBE NEWSWIRE) – Pawar Law Group announces a class action lawsuit on behalf of shareholders to sell shares in Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW ) bought. 2021 inclusive (the “Class Period”). The lawsuit seeks to seek compensation for investors in Velodyne Lidar, Inc. under federal securities laws.

To participate in the class action, go here or call Vik Pawar, Esq. toll free at 888-589-9804 or email info@pawarlawgroup.com for information on the class action lawsuit.

According to the lawsuit, the defendants made false and / or misleading statements and / or failed to disclose: Some of Velodyne’s directors had failed to act with respect, honesty, integrity and openness in dealing with officers and directors of the company . The company investigated the aforementioned matters. As a result, Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and / or lacking a reasonable basis. When the real details hit the market, the lawsuit alleged that investors suffered damage.

If you want to appear as the lead plaintiff, you have to move the court at the latest May 3, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the dispute.

No class has been certified. Until a class is certified, you will not be represented by a lawyer unless you hire one. You can hire a lawyer of your choice. You can also do nothing at this point and be an absent member of the class. Your ability to partake in a future recovery does not depend on whether you are the lead plaintiff.

The Pawar Law Group represents investors from all over the world. Lawyer advertising. Past results do not guarantee or forecast a similar result with respect to future matters.
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Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1410
New York, NY 10007
Tel .: (917) 261-2277
Fax: (212) 571-0938
info@pawarlawgroup.com

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