NEW ORLEANS, Dec. 05, 2023 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until January 26, 2024 to file lead plaintiff applications in a securities class action lawsuit against Fisker Inc. (NYSE: FSR), if they purchased or otherwise acquired the Company’s securities between August 4, 2023 and November 20, 2023…
FISKER SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fisker Inc. – FSR
New Orleans, Louisiana–(Newsfile Corp. – December 5, 2023) – ClaimsFiler, a FREE shareholder information service, reminds investors that they have until January 26, 2024 to file lead plaintiff applications in a securities class action lawsuit against Fisker Inc. (NYSE: FSR), if they purchased or otherwise acquired the Company’s securities between August 4, 2023 and November 20, 2023 (the “Class Period”). This action is pending in the United States District Court for the Central District of California. Get Help
The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Fisker’s electric vehicles suffer from a range and battery durability issues that require extensive software and hardware changes to address; (2) Fisker failed to disclose that it would not be able to meet production targets for 2023 due to supply chain bottlenecks and shortages; and (3) as a result, Fisker’s public statements were materially false and misleading at all relevant times. Click here to learn more.
If you suffered a loss in Fisker you have until January 26, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
How This Will Affect You:
If you are an investor who purchased or acquired Fisker Inc. securities between August 4, 2023 and November 20, 2023, and have incurred losses in excess of $100,000, you may be eligible to file as a lead plaintiff in the ongoing securities class action lawsuit against the company. By filing as a lead plaintiff, you may be able to recover some of your losses incurred from investing in Fisker Inc. during the specified period.
How This Will Affect the World:
The outcome of this securities class action lawsuit against Fisker Inc. could have broader implications for the electric vehicle industry and the way companies communicate with investors. If it is found that Fisker Inc. violated federal securities laws by providing false or misleading information about its electric vehicles and production targets, it could lead to increased scrutiny and transparency in the industry. Investors and consumers alike may become more cautious about investing in or purchasing products from companies that do not provide accurate and truthful information about their business operations.
Conclusion:
In conclusion, the securities class action lawsuit against Fisker Inc. serves as a reminder of the importance of accurate and transparent communication between companies and investors. As the legal proceedings continue, it will be interesting to see how this case unfolds and what impact it may have on the electric vehicle industry as a whole.
