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Shareholder Alert: Robbins LLP Reminds Investors that Workhorse Group, Inc. (WKHS) is Being Sued for Misleading Shareholders

Shareholder Alert: Robbins LLP Reminds Investors that Workhorse Group, Inc. (WKHS) is Being Sued for Misleading Shareholders

股東警示:Robbins LLP提醒投資者,工作馬集團(WKHS)正因誤導股東而被起訴
Business Wire ·  2021/04/05 18:19

Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Workhorse Group, Inc. (NASDAQ: WKHS) filed a class action complaint against the Company and its officers and directors for alleged violations of the Securities Exchange Act of 1934 between July 7, 2020 and February 23, 2021. Workhorse Group develops and manufactures electric delivery vehicles.

股東權益律師事務所Robbins LLP提醒投資者,工作馬集團(WorkHorse Group,Inc.)。(納斯達克市場代碼:WKHS)對公司及其高級管理人員和董事提起集體訴訟,指控他們在2020年7月7日至2021年2月23日期間違反了1934年證券交易法。工作馬集團開發和製造電動送貨車輛。

If you suffered a loss due to Workhorse Group, Inc.'s misconduct, click here .

如果您因為工作馬集團公司的不當行為而蒙受損失,請單擊此處。

Workhorse Group, Inc. (WKHS) Misled Shareholders About Its Ability to Obtain a Delivery Vehicle Contract With the USPS

WorkHorse Group,Inc.(WKHS)在獲得與美國郵政總局(USPS)的送貨車輛合同的能力方面誤導了股東

According to the complaint, Workhorse Group was vying for the USPS's Next Generation Delivery Vehicle project, a competitive multiyear acquisition process for replacing approximately 165,000 package delivery vehicles. The contract was thought to be worth approximately $6.3 billion. During the class period, Workhorse Group touted its potential to obtain the USPS contract, speculated that its all-electric vehicle "is probably the perfect vehicle for them," and noted that the contract "would be transforming for the company."

根據起訴書,工作馬集團正在競爭美國郵政的下一代遞送車輛項目,這是一個競爭激烈的多年收購過程,旨在更換大約16.5萬輛包裹遞送車輛。這份合同被認為價值約63億美元。在上課期間,工作馬集團吹噓其獲得USPS合同的潛力,推測其全電動汽車“可能是他們的完美交通工具”,並指出該合同“將對公司產生變革”。

These statements turned out to be false and/or misleading. Workhorse failed to disclose that: (1) the Company was merely hoping that USPS was going to select an electric vehicle as its Next Generation Delivery Vehicle, and had no assurance or indication from USPS that this was the case; and (2) the Company had concealed the fact that – as revealed by the postmaster general in explaining the ultimate decision not to select an electric vehicle – electrifying the USPS's entire fleet would be impractical and extremely expensive.

事實證明,這些説法是虛假的和/或具有誤導性的。WorkHorse未能披露:(1)本公司只是希望USPS將選擇一款電動汽車作為其下一代運輸工具,並且沒有從USPS得到任何保證或跡象表明情況會是這樣;以及(2)本公司隱瞞了一個事實,即-正如郵政署署長在解釋不選擇電動汽車的最終決定時所透露的那樣,讓USPS的整個車隊電氣化將是不切實際和極其昂貴的。

The truth was revealed on February 23, 2021, when the USPS announced, "it awarded a 10-year contract to Oshkosh, WI, based Oshkosh Defense, to manufacture a new generation of U.S.-built postal delivery vehicles that will drive the most dramatic modernization of the USPS fleet in three decades." On this news, the price of Workhorse fell $14.88, or 47%, on February 23, 2021, and continued to drop in after-hours trading to open at $14.07 the next day.

2021年2月23日,當美國郵政總局宣佈:“它向威斯康星州奧什科什的奧什科什防務公司授予了一份為期10年的合同,製造美國製造的新一代郵政遞送車輛,這將推動美國郵政郵政車隊30年來最戲劇性的現代化。”受此消息影響,2021年2月23日,主力木馬價格下跌14.88美元,跌幅47%,並在盤後交易中繼續下跌,第二天開盤報14.07美元。

If you purchased shares of Workhorse Group, Inc. (WKHS) between July 7, 2020 and February 23, 2021, you have until May 7, 2021, to ask the court to appoint you lead plaintiff for the class.

如果你在2020年7月7日至2021年2月23日期間購買了WorkHorse Group,Inc.的股票,你可以在2021年5月7日之前要求法院任命你為該類的首席原告。

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

所有的陳述都是在權變費用的基礎上進行的。股東無需支付任何費用或開支。

Contact us to learn more:

聯繫我們瞭解更多信息:

Lauren Levi

勞倫·利維(Lauren Levi)

(800) 350-6003

(800) 350-6003

llevi@robbinsllp.com

郵箱:llevi@robbinsllp.com

Shareholder Information Form

股東信息表

Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against Workhorse Group, Inc. settles or to receive free alerts about company executives engaged in wrongdoing, sign up for Stock Watch today.

羅賓斯律師事務所(Robbins LLP)是全國公認的股東權利法領先者。如果針對工作馬集團公司的集體訴訟達成和解,或收到有關公司高管從事不當行為的免費警報,請立即註冊股票觀察。

Attorney Advertising. Past results do not guarantee a similar outcome.

律師廣告。過去的結果並不能保證會有類似的結果。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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