NEW YORK, Nov. 19, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally acknowledged stockholder rights legislation agency, reminds buyers {that a} class motion lawsuit has been filed towards Nikola Company (“Nikola” or the “Firm”) (NASDAQ: NKLA) in the USA District Courtroom for the District of Arizona on behalf of all individuals and entities who bought or in any other case acquired Nikola securities between February 24, 2022 and September 7, 2023, each dates inclusive (the “Class Interval”). Buyers have till December 12, 2023 to use to the Courtroom to be appointed as lead plaintiff within the lawsuit.
Click on right here to take part within the motion.
The filed grievance alleges that defendants made false statements and/or hid that: (i) the Firm maintained poor security and structural controls associated to its manufacturing of battery parts; (ii) the foregoing deficiencies rendered Nikola’s autos unsafe to function and thus unusable, thereby elevating the chance of a product recall; and (iii) in consequence, the Firm’s public statements had been materially false and deceptive in any respect related occasions.
For those who bought or in any other case acquired Nikola shares and suffered a loss, are a long-term stockholder, have data, wish to be taught extra about these claims, or have any questions regarding this announcement or your rights or pursuits with respect to those issues, please contact Brandon Walker or Marion Passmore by e mail at [email protected], phone at (212) 355-4648, or by filling out this contact type. There is no such thing as a value or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally acknowledged legislation agency with places of work in New York, California, and South Carolina. The agency represents particular person and institutional buyers in industrial, securities, spinoff, and different complicated litigation in state and federal courts throughout the nation. For extra details about the agency, please go to www.bespc.com. Lawyer promoting. Prior outcomes don’t assure related outcomes.
Contact Info:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com
