Velodyne Lidar, Inc. (VLDR) Misled Shareholders Regarding the Reasons for Director Departures Velodyne Lidar, Inc. become a public entity on September 29, 2020, when it merged with Graf Industrial Corp.,
Root, Inc. (ROOT) Misled Investors About Its Cash Flow and Industry Advantages Root conducted its IPO on October 28, 2020, selling 26.8 million shares of the Company’s Class A common
Lordstown Motor Corporation (RIDE) Misled Investors About its Endurance Orders and Production Capabilities According to the complaint, on August 1, 2020, Lordstown announced it had entered into a merger agreement
CytoDyn Inc. (CYDY) Misled Shareholders About the Viability of its Drug for the Treatment of COVID-19 CytoDyn is a biotech company that – prior to the COVID-19 pandemic – was
Neptune Wellness Solutions Inc. (NEPT) Misled Investors About the True Costs Associated with the SugarLeaf Acquisition On May 9, 2019, Neptune announced it had signed a definitive agreement to acquire
Sequential Brands Group, Inc. (SQBG) Misled Shareholders About Its Income From Goodwill, Operations, and Assets Sequential Brands knew as early as December 14, 2016, that it was “more likely than
Bit Digital, Inc. (BTBT) Misled Shareholders About Its Bitcoin Mining Operations On December 21, 2020, Bit Digital announced its revised financial results for the third quarter 2020. The Company indicated
Plug Power, Inc. (PLUG) Misled Shareholders Regarding its Internal Controls Over Financial Reporting On November 9, 2020, Power Plug reported its third quarter 2020 financial results in a letter posted
Velodyne Lidar, Inc. (VLDR) Misled Shareholders Regarding the Reasons for Director Departures Velodyne become a public entity on September 29, 2020, when it merged with Graf Industrial Corp., a special
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