Press release
Investigation announced for Investors in shares of Joby Aviation, Inc. (NYSE: JOBY) over possible Violations of Securities Laws
An investigation for investors in Joby Aviation, Inc. (NYSE: JOBY) shares over potential securities laws violations.
Investors who purchased shares of Joby Aviation, Inc. (NYSE: JOBY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Joby Aviation, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Santa Cruz, CA based Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service.
Joby Aviation, Inc. went public in August 2021. Joby Aviation, Inc. sold 69 million shares at $10.00 per share in its initial public offering ("IPO").
Joby Aviation, Inc. reported that its Net Loss increased from $114.16 million in 2020 to $180.32 million in 2021.
Shares of Joby Aviation, Inc. (NYSE: JOBY) declined to $3.74 per share on October 10, 2022.
Those who purchased shares of Joby Aviation, Inc. (NYSE: JOBY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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