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Deadline on February 2, 2024, coming up in Lawsuit for Investors in EHang Holdings Limited (NASDAQ: EH)

01-31-2024 08:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on February 2, 2024 in the lawsuit for certain investors in EHang Holdings Limited (NASDAQ: EH).

A Deadline is coming up on February 2, 2024 in the lawsuit for certain investors in EHang Holdings Limited (NASDAQ: EH).

A deadline is coming up on February 2, 2024 in the lawsuit filed for certain investors of EHang Holdings Limited (NASDAQ: EH) over alleged securities laws violations by EHang Holdings Limited.

Investors who purchased shares of EHang Holdings Limited (NASDAQ: EH) have certain options and there are strict and short deadlines running. Deadline: February 2, 2024. EHang Holdings Limited (NASDAQ: EH) 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 Central District of California the plaintiff alleges on behalf of purchasers of EHang Holdings Limited (NASDAQ: EH) common shares between January 20, 2022 and November 6, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 20, 2022 and November 6, 2023, the defendants made false and/or misleading statements and/or failed to disclose that EHang Holdings Limited has continued to state that it was partnering with United Therapeutics, DHL, and Vodafone, among others, even though a former EHang Holdings Limited employee has noted that United Therapeutics, DHL, and Vodafone have abandoned their respective deals with EHang Holdings Limited and that EHang Holdings Limited omitted that other entities that had placed pre-orders for its aircraft, such as Prestige Aviation and Shenzhen Boling Holding Group, did not engage in regular business in the aviation sector and are otherwise almost certainly not in a financial position to be able to afford their orders.

Those who purchased shares of EHang Holdings Limited (NASDAQ: EH) 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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