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New York, June 20, 2021 (Global News Agency) – Pomerantz LLP announced that it has acquired Arcimoto Inc. (“Arcimoto” or “Company”) (NASDAQ:Long-distance ultraviolet) And some of its senior staff. The class action was filed in the U.S. District Court for the Eastern District of New York and recorded under 21-cv-02870, representing a class consisting of all individuals and entities other than the defendant who purchased or otherwise obtained public information. Trading Arcimoto securities from February 14, 2018 to March 22, 2021, both days inclusive (the “class action period”). According to the Securities Exchange Act of 1934 (“Exchange Act”), the plaintiff seeks compensable losses caused by the defendant’s violation of the federal securities laws.
If you are a shareholder who purchased Arcimoto securities during the class action, you must request the court to appoint you as the lead plaintiff of the class action before June 18, 2021.A copy of the complaint can be obtained at the following website www.pomerantzlaw.comTo discuss this operation, please contact Robert S. Willoughby…
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