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OKLAHOMA CITY, October 27, 2021--(BUSINESS WIRE)--Federman & Sherwood announces that on October 15, 2021, a class action lawsuit was filed in the United States District Court for the District of Colorado against Lightning eMotors, Inc. (NYSE: ZEV and ZEV.WS). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is May 7, 2021 through August 16, 2021.
To learn how to participate in this action, please visit https://www.federmanlaw.com/blog/federman-sherwood-announces-the-filing-of-a-securities-class-action-lawsuit-against-lightning-emotors-inc/.
The lawsuit seeks to recover damages on behalf of all Lightning eMotors, Inc. investors who purchased common stock during the Class Period. You may move the Court no later than Tuesday, December 14, 2021 to serve as a lead plaintiff for the entire Class.
If you wish to discuss this action, obtain further information and participate in this litigation, or should you have any questions regarding this notice or preservation of your rights, please contact: Priscilla Scoggins at firstname.lastname@example.org or visit the firm’s website at www.federmanlaw.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211027006189/en/