Levi & Korsinsky Notifies Evolv Technologies Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - EVLV

PR Newswire2024-12-31

NEW YORK, Dec. 31, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Evolv Technologies Holdings, Inc. ("Evolv Technologies Holdings, Inc." or the "Company") (NASDAQ: EVLV) of a class ...

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Investors of a Class Action Lawsuit and Upcoming Deadline - EVLV\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-31 18:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/levi-korsinsky-notifies-evolv-technologies-104500443.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Dec. 31, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Evolv Technologies Holdings, Inc. (\"Evolv Technologies Holdings, Inc.\" or the \"Company\") (NASDAQ: EVLV) of a class ...</p>\n\n<a href=\"https://finance.yahoo.com/news/levi-korsinsky-notifies-evolv-technologies-104500443.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EVLVW","symbol_name":"Evolv Technologies Holdings, Inc. 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Follow the link below to get more information and be contacted by a member of our team:. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EVLVW":"Evolv Technologies Holdings, Inc. Warrant","BK4211":"区域性银行","EVLV":"Evolv Technologies Holdings, Inc.","ISBC":"投资者银行","BK4157":"电子设备和仪器"},"translate_title":"Levi&Korsinsky通知Evolv技术控股公司。集体诉讼的投资者和即将到来的最后期限-EVLV","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EVLV":1,"ISBC":1,"EVLVW":0.9},"content_text":"NEW YORK, Dec. 31, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Evolv Technologies Holdings, Inc. (\"Evolv Technologies Holdings, Inc.\" or the \"Company\") (NASDAQ: EVLV) of a class action securities lawsuit.\n\n  \n\nCLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Evolv Technologies Holdings, Inc. investors who were adversely affected by alleged securities fraud between August 19, 2022 and October 30, 2024. Follow the link below to get more information and be contacted by a member of our team:\nhttps://zlk.com/pslra-1/evolv-technologies-holdings-inc-lawsuit-submission-form-2?prid=119394&wire=4\nEVLV investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.\nCASE DETAILS: According to the filed complaint, defendants made false and/or misleading statements and/or failed to disclose that: Company's financial statements prepared for the periods between Q2 2022 through Q2 2024 contained material misstatements relating to improper revenue recognition and other reported metrics that are a function of revenue. In truth, Evolv's sales, including sales to one of its largest channel partners, were subject to extra-contractual terms and conditions not shared with the Company's accounting personnel, distorting the Company's reported revenue and other metrics that are a function of revenue during the Class Period. What's more, far from the Company's touted \"growing momentum\" and \"continued traction\" with channel partners, the Company's personnel was engaged in misconduct concerning sales to one of the Company's largest channel partners.\nWHAT'S NEXT? If you suffered a loss in Evolv Technologies Holdings, Inc. during the relevant time frame, you have until December 31, 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.\nNO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.\nWHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.\nCONTACT:Levi & Korsinsky, LLP Joseph E. Levi, Esq.Ed Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171www.zlk.com\n View original content to download multimedia:https://www.prnewswire.com/news-releases/levi--korsinsky-notifies-evolv-technologies-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline--evlv-302340227.html\nSOURCE Levi & Korsinsky, LLP","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2495984266"}