New York, New York--(Newsfile Corp. - April 12, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Canoo Inc. (NASDAQ: GOEV) alleging that the Company violated federal securities laws.
Class Period: August 18, 2020 and March 29, 2021
Lead Plaintiff Deadline: June 1, 2021
Learn more about your recoverable losses in GOEV:
http://www.kleinstocklaw.com/pslra-1/canoo-inc-loss-submission-form?id=14578&from=5
The filed complaint alleges that Canoo Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Shareholders have until June 1, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the GOEV lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80155
