NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Lordstown Motors Corp. (OTC Other: RIDEQ) alleging that the Company violated federal securities laws.
Class Period: August 4, 2022 to June 26, 2023
Lead Plaintiff Deadline: September 25, 2023
No obligation or cost to you.
Learn more about your recoverable losses in RIDEQ:
https://www.kleinstocklaw.com/pslra-1/lordstown-lawsuit-loss-submission-form?id=46488&from=3
Lordstown Motors Corp. NEWS - RIDEQ NEWS
CLASS ACTION CASE DETAILS: According to the complaint, defendants repeatedly made and/or caused Lordstown to make false and/or misleading statements about Lordstown’s relationship with Hon Hai Technology Group (“Foxconn”) suggesting, or in some instances, representing that Foxconn was working cooperatively with Lordstown when in fact, the partnership had stalled soon after the execution of a joint venture agreement and quickly soured.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Lordstown you have until September 25, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Lordstown securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the RIDEQ lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/lordstown-lawsuit-loss-submission-form?id=46488&from=3.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
