NEW YORK, April 17, 2021 (GLOBE NEWSWIRE) – WHY: Rosen Law Firm, a global investor rights law firm, will remind buyers of Workhorse Group Inc. (NASDAQ: WKHS) securities between July 7, 2020 and February 23, 2021 (including the “Class Period”) May 7, 2021 lead plaintiff deadline.
SO WHAT: If you have purchased Workhorse securities during the class period, you may be entitled to compensation without paying any out-of-pocket expenses or costs through a contingent fee agreement.
WHAT TO DO NEXT: To take part in the Workhorse Class Promotion, go to http://www.rosenlegal.com/cases-register-2042.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] or [email protected] for class action information. A class action lawsuit has already been filed. If you want to stand as the lead plaintiff, you must move the court no later than May 7, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the dispute.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record in leadership roles. Companies that issue notices often lack comparable experience or resources. Rosen law firm represents investors around the world and focuses on class action and shareholder derivatives litigation. Law firm Rosen has filed its largest class action lawsuit against a Chinese company to date. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for number of class action settlements in 2017. The firm has been in the top 4 every year since 2013 and has collected hundreds of millions of dollars on investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was named the Titan of Plaintiffs’ Bar by Act 360. Many of the firm’s attorneys are recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the class period, the defendants made false and / or misleading statements and / or failed to disclose: (1) Workhorse only hoped the USPS would select an electric vehicle as the next generation delivery vehicle and had no assurance or Indication by the USPS that this was the case; (2) Workhorse had concealed the fact that, as stated by the Postmaster General in explaining the final decision not to select an electric vehicle, electrifying the entire USPS fleet would be impractical and astronomically expensive; and (3) as a result, Defendants’ statements about Workhorse’s business, business and prospects were materially false and misleading and / or were unfounded at all relevant times. When the real details hit the market, the lawsuit alleged that investors suffered damage.
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To participate in the Workhorse class action lawsuit, go to http://www.rosenlegal.com/cases-register-2042.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] or [email protected] for class action information.
No class has been certified. Until a class is certified, you will not be represented by an attorney unless you keep one. You can choose an attorney of your choice. You can also remain an absent class member and do nothing at this point. An investor’s ability to participate in a possible future recovery does not depend on whether they are the lead plaintiff.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
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