NEW YORK, 23 October 2021 / PRNewswire / –
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of buyers of securities of Lightning eMotors, Inc. f / k / a GigCapital3, Inc. (NYSE: ZEV , ZEV.WS) between May 7, 2021 and August 16, 2021, inclusive (the “Recourse Period”). A class action has already been filed. If you want to serve as the principal applicant, you must move the court not later than December 14, 2021.
SO WHAT: If you purchased Lightning eMotors titles during the Class Period, you may be entitled to compensation without payment of any fees or charges through a contingency fee agreement.
WHAT TO DO NEXT: To join the Lightning eMotors class action lawsuit, go to http://www.rosenlegal.com/cases-register-2155.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you want to serve as the principal applicant, you must move the court not later than December 14, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing reviews do not have significant experience, resources or recognition by their peers. Be wise in choosing the right lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company achieved more than $ 438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as Titan of the Plaintiff’s Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and / or misleading statements and / or failed to disclose that: (1) the Company would record a significantly higher second quarter net loss per share of 2021 compared to the second quarter of 2020 and would withdraw its annual forecast for the remainder of 2021; (2) as a result, the Company has significantly overestimated its financial situation and / or its outlook; and (3) accordingly, the Company’s public statements were materially false and misleading at all material times. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the Lightning eMotors class action lawsuit, go to http://www.rosenlegal.com/cases-register-2155.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future payback does not depend on whether he is a principal applicant.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York State 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
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