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RADNOR, Pa., March 16, 2021 (GLOBE NEWSWIRE) The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action. ....
Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against Workhorse Group Inc. – WKHS globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Investors in Workhorse Group Inc. allege in a lawsuit that executives there made misleading and false statements concerning the company’s bid to secure a multibillion contract to build the U.S. Postal Service’s next-gen delivery truck. And on Tuesday, U.S. Rep. Tim Ryan doubled-down on his previous urging of President Joe Biden to halt the more than $6 billion contract award to a Wisconsin-based company until a review is complete. The class-action complaint filed in federal court in central California claims Workhorse CEO Duane Hughes and Chief Financial Officer Steve Schrader misrepresented the company in media interviews and failed to disclose the company was “merely hoping” the postal service would pick an electric vehicle and had “no assurance or indication” from the postal service that was the case. ....
Workhorse sued in US court in Calif. | News, Sports, Jobs tribtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribtoday.com Daily Mail and Mail on Sunday newspapers.
BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Workhorse Group Inc. Investors to Inquire About Class Action Investigation – WKHS globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.