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Reviewing ADOMANI (OTCMKTS:ADOM) & XL Fleet (NYSE:XL)

XL Fleet (NYSE:XL – Get Rating) and ADOMANI (OTCMKTS:ADOM – Get Rating) are both small-cap auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk. Risk & Volatility XL Fleet has a beta of 0.91, […]

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Financial Comparison: BorgWarner (NYSE:BWA) vs. XL Fleet (NYSE:XL)

XL Fleet (NYSE:XL – Get Rating) and BorgWarner (NYSE:BWA – Get Rating) are both auto/tires/trucks companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, valuation, institutional ownership, dividends, risk, analyst recommendations and earnings. Risk & Volatility XL Fleet has a beta of 0.88, meaning […]

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Comparing XL Fleet (NYSE:XL) and LCI Industries (NYSE:LCII)

XL Fleet (NYSE:XL – Get Rating) and LCI Industries (NYSE:LCII – Get Rating) are both auto/tires/trucks companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, profitability, institutional ownership, valuation and earnings. Volatility & Risk XL Fleet has a beta of 0.74, […]

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Head-To-Head Survey: Horizon Global (NYSE:HZN) vs. XL Fleet (NYSE:XL)

XL Fleet (NYSE:XL – Get Rating) and Horizon Global (NYSE:HZN – Get Rating) are both small-cap auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, analyst recommendations, valuation, risk and profitability. Valuation and Earnings This table compares XL Fleet and […]

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Whitmer attends grand opening of new XL Fleet facility in Wixom


Whitmer attends grand opening of new XL Fleet facility in Wixom
Michigan Executive Office of the Governor
and last updated 2021-06-09 14:42:47-04
WIXOM, Mich. — Gov. Gretchen Whitmer joined a group of business, state and local officials Wednesday to celebrate the grand opening on XL Fleet’s new Fleet Electrification Technology Center in Wixom.
She thanked the commercial vehicle technology company for investing in Michigan and helping to fuel the state’s leadership in mobility and electrification solutions.
“This investment by XL Fleet will create nearly 50 good-paying, high-skill jobs and help us continue our economic jumpstart and put Michigan back to work,” Whitmer said. “The new facility reinforces our reputation as the place that put the world on wheels, and a leader in the future of mobility and electrification. We’re excited to welcome XL Fleet to Michigan and look forward to the pathbreaking innovations that will be created right here in our state.”

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XL CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against XL Fleet Corp.

XL CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against XL Fleet Corp.
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Yahoo , Bernstein-liebhard , Xl-fleet-corp , Muddy-waters , United-states-district-court , Matthewe-guarnero , Securities-class-action , Xl-fleet , Quot-xl-fleet , Lead-plaintiff , Fleet-shareholder

XL SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against XL Fleet Corp.

NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of XL Fleet Corp. ("XL Fleet" or the "Company") (NYSE: XL) from October 2, 2020 through March 2, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934. If you purchased XL Fleet securities, and/or would like to discuss your legal rights and options please visit XL Fleet Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com The complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose to investors: (i) that XL Fleet’s salespeople were pressured to inflate their sales pipelines to boost the Company’s reported sales and backlog; (ii) that at least 18 of 33 customers that XL featured were inactive and had not placed an order since 2019; (iii) that XL’s technology had been materially overstated and offered only 5% to 10% of fleet savings; (iv) that XL lacks the supply chain and engineers to roll out new products on the announced timelines; and (v) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On March 3, 2021, Muddy Waters Research (“Muddy Waters”) published a report entitled: “XL Fleet Corp. (NYSE: XL): More SPAC Trash,” alleging, among other things, that salespeople were “pressured to inflate their sales pipelines materially in order to mislead XL’s board and investors” and that “customer reorder rates are in reality quite low” due to “poor performance and regulatory issues.” Citing interviews with former employees, the report alleged that “at least 18 of 33 customers XL featured were inactive.” Muddy Waters also claimed that XL has “weak technology” and that “XL’s announcement of future class 7-8 upfits seems highly promotional” because the task is “too technologically complex for XL engineers to deliver on the promised timeline.” On this news, the Company’s share price fell $2.09, or 13%, to close at $13.86 per share on March 3, 2021, on unusually heavy trading volume. The share price continued to decline by $2.69, or 19.4%, over two consecutive trading sessions to close at $11.17 per share on March 5, 2021, on unusually heavy trading volume. If you wish to serve as lead plaintiff, you must move the Court no later than May 7, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. If you purchased XL Fleet securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/xlfleetcorp-xl-shareholder-class-action-lawsuit-fraud-stock-377/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com. Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years. ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information Matthew E. GuarneroBernstein Liebhard LLPhttps://www.bernlieb.com(877) 779-1414MGuarnero@bernlieb.com

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XL Fleet Investor Alert: Shareholder Class Action Lawsuit Filed

XL Fleet Investor Alert: Shareholder Class Action Lawsuit Filed
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XL LOSS ALERT ROSEN, A LEADING LAW FIRM, Encourages XL Fleet Corp. Investors to Secure Counsel Before Important Deadline in Class Action Seeking Recovery of Losses

NEW YORK, NY / ACCESSWIRE / March 12, 2021 /WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of XL Fleet Corp. (NYSE:XL) between October 2, 2020 and March 2, 2021, inclusive (the "Class Period").

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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against XL Fleet Corp. (XL)

NEW YORK, March 09, 2021 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed against XL Fleet Corp. (“XL Fleet”) (NYSE: XL) in the United States District Court for the Southern District of New York on behalf of those who purchased or acquired the securities of XL Fleet between October 2, 2020 and March 2, 2021, inclusive (the “Class Period”). The lawsuit seeks to recover damages for investors under the federal securities laws. The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) XL Fleet’s salespeople were pressured to inflate their sales pipelines to boost the Company’s reported sales and backlog; (2) at least 18 of the 33 customers that XL Fleet featured were inactive and had not placed an order since 2019; (3) XL Fleet’s technology had been materially overstated and offered only 5% to 10% of fleet savings; (4) XL Fleet lacks the supply chain and engineers to roll out new products on the announced timeline; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Investors who purchased or otherwise acquired shares of XL Fleet during the Class Period should contact the Firm prior to the May 7, 2021 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com or gegleston@gme-law.com. Please visit our website at http://www.gme-law.com for more information about the firm.

Xl-fleet-corp , United-states-district-court , Gainey-mckenna , Xl-fleet , Class-period , Federal-securities-laws , Egleston , க்ஸல்-கடற்படை-கார்ப் , ஒன்றுபட்டது-மாநிலங்களில்-மாவட்டம்-நீதிமன்றம் , கைநேய்-மகெந , க்ஸல்-கடற்படை