ROSEN, GLOBAL INVESTOR COUNSEL, Urges Investors of The Lion Electric Company to Act Ahead of Class Action Deadline
Attention Investors: The legal team at ROSEN, a globally recognized investor counsel, is reminding purchasers of the securities of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company LEV, including those who acquired shares between November 30, 2020 and September 15, 2021, that they have until the upcoming deadline to petition the court for a role as lead plaintiff in a securities class action lawsuit that has been filed.
Class Action Alert for LEV Investors
Investors who have experienced losses during the specified period are encouraged to contact ROSEN law firm to discuss their legal rights, including the possibility of acting as the lead plaintiff. The case focuses on whether the company and its executives violated federal securities laws by providing misleading information to investors.
Company Profile: The Lion Electric Company
The lawsuit foregrounds The Lion Electric Company, located in Saint-Jérôme, Canada, known for manufacturing fully electric medium and heavy-duty urban vehicles. The legal action seeks to address concerns that may affect investor interests and the integrity of the market.
Investor Participation Urged
ROSEN emphasizes the critical nature of a lead plaintiff role, which is crucial for achieving the best interests of the group within a securities class action lawsuit. Potential class members who have substantial losses may be eligible to act on behalf of other shareholders, with the deadline rapidly approaching. Affected investors in LEV's stocks are urged to secure legal counsel and take action.
Investment, Legal, Deadline