Oshkosh takes victory lap over Postal Service delivery truck contract
Contract won fair and square and Congress should stay out of it, CEO John Pfeifer says 3 minutes read Oshkosh Truck Corp. will begin delivering replacements for current mail trucks in the second half of 2023. (Photo: Jim Allen/FreightWaves)
Oshkosh Truck Corp. (NYSE: OSK) can make 100% battery-electric delivery trucks for the U.S. Postal Service, undercutting an assertion by Workhorse Group (NASDAQ: WKHS) that its being passed over for the contract dooms the mail service to remaining a source of planet-warming greenhouse gas emissions.
Not so, Oshkosh President and CEO John Pfeifer told analysts on the company’s fiscal second-quarter earnings call Wednesday.
rselak@tribtoday.com
LORDSTOWN Lordstown Motors Corp. skipped its first-half 2020 property tax payment in March, racking up a hefty penalty in doing so.
Records from the Trumbull County Auditor’s and Treasurer’s offices show the startup electric-truck manufacturer did not pay the $570,957 tax bill due March 5 for four pieces of property it owns, including the land where its assembly factory in Lordstown sits.
Because the company missed the deadline, it was assessed a 10 percent penalty that’s added to the bill.
According to parcel data with the auditor’s office, Lordstown Motors owes $424,109 for 386.6 acres it owns at 2300 Hallock Young Road, which is the location of the factory, the former General Motors assembly complex.
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NEW YORK, April 26, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Lordstown Motors Corp. ( Lordstown or the Company ) (formerly known as DiamondPeak Holdings Corp. ( DiamondPeak )) (NASDAQ: RIDE; RIDEW; DPHC) and certain of its officers. The class action, filed in the United States District Court for the Northern District of Ohio, Eastern Division, and docketed under 21-cv-00760, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lordstown securities between August 3, 2020 and March 17, 2021, inclusive (the Class Period ). This action is brought on behalf of the Class for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act ), 15 U.S.C. §§ 78j(b) and 78t(a) and Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. § 240.10b-5.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
LAWSUIT FILED: Block & Leviton LLP Reminds Investors it Has Filed a Lawsuit Against .
Block & Leviton LLPApril 27, 2021 GMT
BOSTON, April 27, 2021 (GLOBE NEWSWIRE) Block & Leviton LLP ( www.blockleviton.com ), a national securities litigation firm, reminds investors that it has filed a class action lawsuit on behalf of shareholders against Lordstown Motors Corp. (NASDAQ: RIDE) and certain of its executives for securities fraud. Investors who purchased Lordstown shares between August 3, 2020 and March 24, 2021 and who lost money are strongly encouraged to contact Block & Leviton attorneys at (617) 398-5600, via email at cases@blockleviton.com, or to visit our website for information on the case. The deadline to seek appointment as lead plaintiff is May 17, 2021.
SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS CYDY, RIDE, ROOT, VRM INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits Kahn Swick & Foti, LLC New Orleans, Louisiana, UNITED STATES NEW ORLEANS, April 26, 2021 (GLOBE NEWSWIRE) Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits:
Lordstown Motors Corp. (RIDE)
Lead Plaintiff Motion Deadline: May 17, 2021
SECURITIES FRAUD
CytoDyn, Inc. (CYDY)
Lead Plaintiff Motion Deadline: May 17, 2021
SECURITIES FRAUD
Root, Inc. (ROOT)
Class Period: 10/28/2020 - 3/8/2021, or shares issued pursuant and/or traceable to the October 2020 Initial Public Offering