Press release
Deadline on March 7th coming up in Lawsuit for Investors in Enovix Corporation (NASDAQ: ENVX)
A Deadline is coming up on March 7, 2023in the lawsuit for certain investors in Enovix Corporation (NASDAQ: ENVX).
Investors who purchased shares of Enovix Corporation (NASDAQ: ENVX) have certain options and there are strict and short deadlines running. Deadline: March 7, 2023. NASDAQ: ENVX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Enovix Corporation (NASDAQ: ENVX) common shares between February 22, 2021 and January 3, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 22, 2021 and January 3, 2023, the defendants overstated Enovix's ability to produce batteries at scale, touting the Company's "meaningful progress" in scaling up its manufacturing facility, and its being positioned to deliver batteries ahead of competitions, despite its continued manufacturing issues.
Those who purchased shares of Enovix Corporation (NASDAQ: ENVX) 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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