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RADNOR, Pa., Feb. 12, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Electric Last Mile Solutions, Inc. (“Electric Last Mile”) (NASDAQ:ELMS) f/k/a Forum Merger III Corp. (NASDAQ:FIII). The action charges Electric Last Mile with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Electric Last Mile’s materially misleading statements to the public, Electric Last Mile investors have suffered significant losses.
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
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CLICK HERE TO SUBMIT YOUR ELECTRIC LAST MILE LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/elms-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=elms
LEAD PLAINTIFF DEADLINE: April 4, 2022
CLASS PERIOD: March 31, 2021 through February 1, 2022
CONTACT AN ATTORNEY TO…
Full story available on Benzinga.com
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