Deadline on Sept. 25th coming up in Lawsuit for certain investors in Lordstown Motors Corp. (OTC: RIDEQ)
A Deadline is coming up on September 25, 2023 in the lawsuit for certain investors in Lordstown Motors Corp. (OTC: RIDEQ).
Investors who purchased shares of Lordstown Motors Corp. (OTC: RIDEQ) have certain options and there are strict and short deadlines running. Deadline: September 25, 2023. Lordstown Motors Corp. (OTC: RIDEQ) 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 Norhtern District of Ohio the plaintiff alleges on behalf of purchasers of Lordstown Motors Corp. (OTC: RIDEQ) common shares between August 4, 2022 and June 26, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 4, 2022 and June 26, 2023, the defendants repeatedly made and/or caused Lordstown to make false and/or misleading statements about Lordstown's relationship with Foxconn suggesting, or in some instances, representing that Foxconn was working cooperatively with Lordstown when in fact, the partnership had stalled soon after the execution of a joint venture agreement and quickly soured.
Those who purchased shares of Lordstown Motors Corp. (OTC: RIDEQ) 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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