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Deadline Reminder: Law Offices of Howard G Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Lordstown Motors Corp (RIDE)

Share this article Share this article BENSALEM, Pa., May 3, 2021 /PRNewswire/  Law Offices of Howard G. Smith reminds investors of the upcoming May 17, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Lordstown Motors Corp. ( Lordstown or the Company ) (NASDAQ: RIDE) securities between August 3, 2020 and March 24, 2021, inclusive (the Class Period ). Investors suffering losses on their Lordstown investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected]. On March 12, 2021, Hindenburg Research published a report alleging that Lordstown has no revenue and no sellable product. Though the Company has consistently pointed to its book of 100,000 pre-orders as proof of deep demand of its proposed EV truck, the report alleged that these orders are largely fictitious and merely formed a marketing relationshi

SPAC crackdown threatens gauzy forecasts that power EV startups

SPAC crackdown threatens gauzy forecasts that power EV startups SPAC crackdown threatens gauzy forecasts that power EV startups BLOOMBERG Drew Angerer/Getty Images Electric vehicles are displayed before a news conference with White House Climate Adviser Gina McCarthy and U.S. Secretary of Transportation Pete Buttigieg about the American Jobs Plan and to highlight electric vehicles at Union Station near Capitol Hill on April 22 in Washington, D.C. The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail on the one thing most of them lack: a solid business. Stocks of electric-mobility firms like Nikola Corp., Lordstown Motors Corp. and Romeo Power Inc. that went public by merging with special-purpose acquisition companies are down at least 69% from dizzying peaks, as investors question whether their visions for a greener future are divorced from reality.

Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Lordstown Motors Corp

Share this article Share this article RADNOR, Pa., May 2, 2021 /PRNewswire/ The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Lordstown Motors Corp. (NASDAQ: RIDE) ( Lordstown ) f/k/a DiamondPeak Holdings Corp. (NASDAQ: DPHC) ( DiamondPeak ) that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Lordstown securities between August 3, 2020 and March 24, 2021, inclusive (the Class Period ). Investor Deadline Reminder: Investors who purchased or acquired Lordstown securities during the Class Period may, no later than May 17, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail at[email protected];

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