ChemoCentryx Inc (NASDAQ: CCXI), now known as Lordstown Motors Corp (NASDAQ: RIDE), is under investigation by Scott+Scott Attorneys at Law LLP. The law firm investigates if a few directors and officials of the company breached their fiduciary duties to DiamondPeak and its shareholders.
The timeline of events related to Lordstown Motors Corp
On August 1, 2020, DiamondPeak inked a merger agreement with the predecessor to Lordstown Motors Corp. The company announced September 21, 2020, as the record date for the shareholder vote. However, in October, the company closed its merger transaction with Lordstown Motors Corp, and it continued to operate as the successor entity. In March of the following year, through a Hindenburg Research issued, it came to light that Lordstown Motors Corp claimed that it overstated the number of pre-orders it received for its electric vehicles. In the same month and year, an inquiry about its operations was initiated by the United States Securities and Exchange Commission.
Purecycle Technologies Inc (NASDAQ: PCT), ContextLogic Inc (NASDAQ: WISH), and Ocugen Inc (NASDAQ: OCGN) stakeholders can heave a sigh of relief
Purecycle Technologies Inc (NASDAQ: PCT), ContextLogic Inc (NASDAQ: WISH), and Ocugen Inc (NASDAQ: OCGN) stakeholders can heave a sigh of relief. The Klein Law Firm reminds investors that class actions on behalf of shareholders of the three companies are filed. The law firm also announced lead plaintiff deadline dates for investors who wish to request that the court appoint them as lead plaintiffs.
ChemoCentryx Inc (NASDAQ: CCXI) select management team and officials under the scanner
ChemoCentryx Inc (NASDAQ: CCXI) is under the scanner of Johnson Fistel, LLP. The law firm is investigating if there is any truth in the claims made by investors against a set of former and presently serving directors and officials of the company. A class-action lawsuit was filed in federal court against the company on behalf of purchasers of the securities of ChemoCentryx Inc from November 26, 2019, and May 6, 2021 (the Class Period).
Raven Industries, Inc. (NASDAQ: RAVN), SharpSpring Inc (NASDAQ: SHSP), County Bancorp Inc (NASDAQ: ICBK), and Acasti Pharma Inc (NASDAQ: ACST) under investigation
Raven Industries, Inc. (NASDAQ: RAVN), SharpSpring Inc (NASDAQ: SHSP), County Bancorp Inc (NASDAQ: ICBK), and Acasti Pharma Inc (NASDAQ: ACST) are under investigation by Halper Sadeh LLP. The companies are being investigated for possible violations of the federal securities laws. Accordingly, the law firm invites stakeholders to contact the firm to discuss their legal rights and options.