Press release
NYSE: ACHR Investor Notice: Deadline on November 20, 2023 in Lawsuit against Archer Aviation Inc. coming up
A Deadline is coming up on November 20, 2023 in the lawsuit for certain investors in Archer Aviation Inc. (NYSE: ACHR).
Investors who purchased shares of Archer Aviation Inc. (NYSE: ACHR) have certain options and there are strict and short deadlines running. Deadline: November 20, 2023. NYSE: ACHR 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 Archer Aviation Inc. (NYSE: ACHR) common shares between September 17, 2021 and August 15, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 17, 2021 and August 15, 2023, the Defendants made materially false and misleading statements, including failing to disclose to investors that Archer Aviation Inc. relied on heavily edited videos of earlier flights to exaggerate the amount of flight testing it had performed and the sophistication of its eVTOL aircraft, that Archer Aviation Inc. had misrepresented the nature and profitability of its business partnerships, and that Archer Aviation Inc. was unlikely to secure FAA certification in the timeframe it had represented to investors
Those who purchased shares of Archer Aviation Inc. (NYSE: ACHR) 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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