You have permission to edit this article.
Edit
AP

ROSEN, A LEADING LAW FIRM, Encourages Lightning eMotors, Inc. f/k/a GigCapital3, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – ZEV, ZEV.WS

  • Updated

NEW YORK--(BUSINESS WIRE)--Nov 25, 2021--

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lightning eMotors, Inc. f/k/a GigCapital3, Inc. (NYSE: ZEV, ZEV.WS) between May 7, 2021 and August 16, 2021, inclusive (the “Class Period”) of the important December 14, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Lightning eMotors securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lightning eMotors class action, go to http://www.rosenlegal.com/cases-register-2155.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Lightning eMotors would record a substantially greater net loss per share in the second quarter of 2021 compared to the second quarter of 2020 and would pull its full year guidance for the remainder of 2021; (2) accordingly, Lightning eMotors materially overstated its financial position and/or prospects; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lightning eMotors class action, go to http://www.rosenlegal.com/cases-register-2155.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen—firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20211125005683/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

cases@rosenlegal.com

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: The Rosen Law Firm, P.A.

Copyright Business Wire 2021.

PUB: 11/25/2021 01:20 PM/DISC: 11/25/2021 01:21 PM

http://www.businesswire.com/news/home/20211125005683/en

Copyright Business Wire 2021.

Coronavirus Cases widget

  • Positive Cases Among Kern Residents: 158,270

  • Deaths: 1,828

  • Recovered and Presumed Recovered Residents: 150,950 

  • Percentage of all cases that are unvaccinated: 92.04

  • Percentage of all hospitalizations that are unvaccinated: 92.62 Updated: 12/3/2021.

  • Source: Kern County Public Health Services Department

More Coronavirus coverage