Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Romeo Power, Inc.
NEW YORK, April 23, 2021 / PRNewswire / – Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the US District Court for the Southern District new York on behalf of those who have acquired Romeo Power, Inc. (“Romeo” or the “Company”)
(NYSE: RMO) Securities during the period from 5th October 2020 by March 30, 2021 (the “Class Period”).
All investors who have bought shares of Romeo Power, Inc. and any losses incurred are requested to contact the company immediately [email protected] or (800) 575-0735 or (212) 545-4774. For more information on the action, please contact or join the case on our website www.whafh.com.
If you have suffered losses on your Romeo Power, Inc. investment, you can be no later than June 15, 2021, ask the court to appoint you as the lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of Romeo Power, Inc.
CLICK HERE TO JOIN CASE
On March 30, 2021Romeo issued a press release announcing its financial and operating results for the fourth quarter of 2020. Regarding the outlook for 2021, citing “supply bottlenecks” and “the significant shortage of battery cell capacity across the industry,” Romeo advised investors to do so now and expect sales in the range of 2021 $ 18-40 million “- significantly lower than analysts expected. On the news, Romeo’s share price fell $ 2.04 per share or 19.67% to close at $ 8.33 per share on March 31, 2021.
Wolf Haldenstein has extensive experience prosecuting class and derivative disputes in state and federal courts and appeals courts across the country. The firm has lawyers in various fields of activity; and offices in new York, Chicago and San Diego. This firm’s reputation and expertise in shareholder and other class disputes has been recognized repeatedly by the courts who have appointed them to key positions in complex securities multiple district and consolidated litigation.
If you would like to discuss this action or have questions about your rights and interests in this case, please contact us immediately Wolf Haldenstein by phone at (800) 575-0735, by email at [email protected]or visit our website.
Wolf Haldenstein Adler Freeman & Heart LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
E-mail: [email protected], [email protected] or [email protected]
Tel .: (800) 575-0735 or (212) 545-4774
This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.
SOURCE Wolf Haldenstein Adler Freeman & Heart LLP