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Investigations

Investigation of Intrusion, Inc.

Intrusion Inc. (INTZ) Misled Investors Regarding its Business Operations Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations,

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Investigations

Investigation of QuantumScape Corporation

QuantumScape Corporation (QS) Misled Shareholders by Overstating the Viability, Power and Life of its Solid-State Battery          On November 27, 2020, QuantumScape went public via a business combination with Kensington

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Investigations

Investigation of Aterian, Inc.

Aterian, Inc. (ATER) Made Misstatements Regarding its Business Prospects    On December 1, 2020, the Company announced that it had acquired the assets of “leading e-commerce business brands Mueller, Purstream,

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Investigations

Investigation of Peloton Interactive, Inc.

Peloton Interactive. Inc. (PTON) Misled Investors Regarding the Company’s Concerns for User Safety In October 2020, Peloton recalled 27,000 bikes after reports of pedal breakages and customer injuries.  In commenting

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Investigations

Investigation of PureCycle Technologies, Inc.

PureCycle Technologies, Inc. (PCT) Made Misstatements Regarding its Purported Financial Condition and Prospects     On November 16, 2020, PureCycle announced it would list its common stock on NASDAQ through a

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Investigations

Investigation of XL Fleet Corp.

XL Fleet Corp. (XL) Misled Shareholders About its Business Prospects XL Fleet formed via merger of XL Hybrids, Inc. and Pivotal Investment Corporation II, a special purpose acquisition company, on

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Investigations

Investigation of Repro Med Systems, Inc.

Repro Med Systems, Inc. d/b/a KORU Medical Systems (KRMD) Failed to Disclose its Use of Allowances to Incentivize Growth On August 4, 2020, KORU announced strong second quarter financial results. 

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Investigations

Investigation of Skillz Inc.

Skillz Inc. (SKLZ) Made Misstatements Regarding its Purported Financial Condition and Prospects     Flying Eagle Acquisition Corp., a special purpose acquisition corporation, and Skillz consummated their merger on December 16,

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Investigations

Investigation of Clover Health Investments

Clover Health Investment, Corp.  (CLOV) Misled Shareholders Ahead of Going Public            On October 6, 2020, the Company issued a press release announcing plans to become a publicly traded company

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