Press release
Investigation announced for Long-Term Investors in Enviva Inc. (NYSE: EVA) shares
An investigation was announced for long-term investors in shares of Enviva Inc. (NYSE: EVA) concerning potential breaches of fiduciary duties by certain directors of Enviva Inc..Investors who are current long term investors in Enviva Inc. (NYSE: EVA) shares, 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 for current long term investors in NYSE: EVA stocks follows a lawsuit filed against Enviva Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: EVA stocks, concerns whether certain Enviva directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Maryland the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that Enviva had misrepresented the environmental sustainability of its wood pellet production and procurement, thatEnviva had similarly overstated the true measure of cash flow generated by the Company's platform, that accordingly, Enviva had misrepresented its business model and the Company's ability to achieve the level of growth that Defendants had represented to investors, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Enviva Inc. (NYSE: EVA) 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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