Page 8 - கூட்டாட்சியின் பத்திரங்கள் சட்டங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BOSTON, March 16, 2021 (GLOBE NEWSWIRE) Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds shareholders it is investigating Lordstown Motors Corp. (NASDAQ: RIDE) for potential violations of the federal securities laws. Before the markets opened on March 12, 2021, analyst Hindenburg Research published a scathing report on the electric light duty truck manufacturer entitled “The Lordstown Motors Mirage: Fake Orders, Undisclosed Production Hurdles, and a Prototype Inferno.” According to Hindenburg, the company’s claimed 100,000 pre-orders for its EV truck are “largely fictitious and used as a prop to raise capital and confer legitimacy.” Hindenburg further cites significant, undisclosed production delays and a prototype that “burst into flames 10 minutes before the test drive” in January 2021, substantiating claims by former employees that the company is not conducting the needed testing or val

Lordstown motorsHindenburg researchBlock leviton llpFederal securities lawsSecurities fraudSecurities litigationலார்ட்ஸ்டவுன் மோட்டார்கள்ஹிண்டன்பர்க் ஆராய்ச்சிகூட்டாட்சியின் பத்திரங்கள் சட்டங்கள்பத்திரங்கள் மோசடிபத்திரங்கள் வழக்கு