SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Lightning Emotors, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 15, 2021
NEW YORK, November 29, 2021 / PRNewswire / – The following statement is issued by Levi & Korsinsky, LLP:
To: Any person or entity that holds the securities of Lightning Emotors, Inc (“Lightning Emotors”) (NYSE: ZEV) between May 7, 2021 and August 16, 2021. You are hereby informed that a securities class action has been initiated in The United States District Court for the district Colorado. For more information go to:
or contact Joseph E. Levi, Esq. either by email to [email protected] or by phone at (212) 363-7500. There are no costs or obligations for you.
Lightning Emotors, Inc NEWS – ZEV NEWS
CASE DETAILS: According to the complaint filed: (i) the company would experience a significantly higher net loss per share in the second quarter of 2021 compared to the second quarter of 2020 and would withdraw its full year guidance for the remainder of 2021; (ii) accordingly, the company has materially overestimated its financial condition and / or prospects; and (iii) as a result, the Company’s public statements at all relevant times have been materially false and misleading.
WHAT THIS MEANS TO SHAREHOLDERS: If you’ve suffered a loss on Lightning Emotors, you’ve got up December 15, 2021 to request that the court appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.
NO COST TO YOU: If you have Lightning Emotors securities between May 7, 2021 and August 16, 2021, you may be entitled to compensation without paying any expenses or fees.
PROTECT YOUR FINANCIAL INTERESTS: Fill out this short submission form https://www.zlk.com/pslra-1/lightning-emotors-inc-loss-submission-form?prid=21450&wire=5 or call 212-363- 7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been disadvantaged by companies.
Levi & Korsinsky is a nationally recognized company with offices in new York, California, Connecticut, and Washington, DC Founding partner of the company, Joseph Levi and Eduard Korsinsky, representing shareholders and institutional clients for nearly 20 years, have achieved remarkable results for clients in the US and internationally. The company, with more than 80 employees, is committed to promoting, nurturing and maintaining a culture of diversity, equality and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked one of the leading securities litigation firms in the SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 years in a row The United States. The SCAS Top 50 Report identifies the leading securities law firms in the country, and year on year ISS has recognized Levi & Korsinsky as the leading law firm in securities class action.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP