Hagens Berman Encourages Evolv Technologies (EVLV) Investors with Substantial Losses and Persons with Knowledge Who May Assist Investigation to Contact Firm’s Attorneys, Securities Class Action Filed After Disclosing SEC Investigation
With this new federal securities class action, Evolv now faces battles on both the shareholder and regulatory fronts.
- With this new federal securities class action, Evolv now faces battles on both the shareholder and regulatory fronts.
- Investors began to learn the truth on Feb. 19, 2024, when Evolv disclosed that the SEC has opened a “non-public, fact-finding inquiry” into the company.
- News of the SEC investigation caused Evolv shares to drop 19% in one trading day.
- The SEC investigation followed a separate probe initiated by the U.S. Federal Trade Commission over allegations that Evolv uses deceptive marketing practices.