Workhorse Group

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline for Securities Fraud Class Action Lawsuit Filed Against Workhorse Group Inc.

Retrieved on: 
Sunday, March 14, 2021

The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Workhorse Group Inc. (NASDAQ: WKHS) (Workhorse) that a securities fraud class action lawsuit has been on behalf of those who purchased or acquired Workhorse securities between July 7, 2020 and February 23, 2021, inclusive (the Class Period).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Workhorse Group Inc. (NASDAQ: WKHS) (Workhorse) that a securities fraud class action lawsuit has been on behalf of those who purchased or acquired Workhorse securities between July 7, 2020 and February 23, 2021, inclusive (the Class Period).
  • Deadline Reminder: Investors who purchased or acquired Workhorse securities during the Class Period may, no later than May 7, 2021, seek to be appointed as a lead plaintiff representative of the class.
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.

Lordstown Motors Investor Alert: Kaplan Fox Investigates Potential Securities Fraud at Lordstown Motors Corp.

Retrieved on: 
Friday, March 12, 2021

NEW YORK, March 12, 2021 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) is investigating claims on behalf of investors of Lordstown Motors Corp. (Lordstown or the Company) (NASDAQ: RIDE).

Key Points: 
  • NEW YORK, March 12, 2021 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) is investigating claims on behalf of investors of Lordstown Motors Corp. (Lordstown or the Company) (NASDAQ: RIDE).
  • On March 12, 2021, Hindenburg Research published a report entitled The Lordstown Motors Mirage: Fake Orders, Undisclosed Production Hurdles, And A Prototype Inferno.
  • Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions.
  • For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com .

Portnoy Law: Lawsuit Filed On Behalf of Workhorse Group, Inc. Investors

Retrieved on: 
Wednesday, March 10, 2021

LOS ANGELES, March 10, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Workhorse Group, Inc. ("Workhorse" or "the Company") (NASDAQ: WKHS) investors that acquired securities between July 7, 2020 and February 23, 2021.

Key Points: 
  • LOS ANGELES, March 10, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Workhorse Group, Inc. ("Workhorse" or "the Company") (NASDAQ: WKHS) investors that acquired securities between July 7, 2020 and February 23, 2021.
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • This lawsuit claims that investors suffered damages when the true details entered the market.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc.

Retrieved on: 
Wednesday, March 10, 2021

Workhorse Group was one of the companies aiming to secure the NGDV contract, worth approximately $6.3 billion.

Key Points: 
  • Workhorse Group was one of the companies aiming to secure the NGDV contract, worth approximately $6.3 billion.
  • On February 23, 2021, the USPS issued a press release announcing that Oshkosh Defense had won the NGDV contract not Workhorse Group.
  • On this news, Workhorse Group's stock price fell $14.88 per share, or 47% to close at $16.47 on February 23, 2021.
  • If you wish to serve as lead plaintiff, you must move the Court no later than May 7, 2021.

WKHS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Workhorse Group, Inc.

Retrieved on: 
Tuesday, March 9, 2021

The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934.

Key Points: 
  • The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934.
  • Workhorse Group was one of the companies aiming to secure the NGDV contract, worth approximately $6.3 billion.
  • On February 23, 2021, the USPS issued a press release announcing that Oshkosh Defense had won the NGDV contract not Workhorse Group.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

Lordstown Motors Announces Timing of Fourth Quarter and Full Year 2020 Financial Results and Webcast

Retrieved on: 
Thursday, March 4, 2021

LORDSTOWN, Ohio, March 04, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light duty trucks focused on the commercial fleet market, today announced that it will release its fourth quarter and full year 2020 financial results after market close on March 17, 2021.

Key Points: 
  • LORDSTOWN, Ohio, March 04, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light duty trucks focused on the commercial fleet market, today announced that it will release its fourth quarter and full year 2020 financial results after market close on March 17, 2021.
  • The call can be accessed via a live webcast accessible on the Events page of Lordstown Motors Investor Relations website at https://investor.lordstownmotors.com/ .
  • An archive of the webcast will be available shortly after the call.
  • Lordstown Motors Corp. is an Ohio-based original equipment manufacturer of light duty fleet vehicles, founded by CEO Steve Burns with the purpose of transforming Ohio's Mahoning Valley and Lordstown, Ohio, into the epicenter of electric-vehicle manufacturing.

Holman Enterprises & Lordstown Motors Announce Co-Marketing Agreement and Expanded Alliance

Retrieved on: 
Tuesday, March 2, 2021

Together, Holman Enterprises and Lordstown Motors will help organizations easily integrate the Lordstown Endurance, the first all-electric commercial pickup truck, into their vocational fleet operations.

Key Points: 
  • Together, Holman Enterprises and Lordstown Motors will help organizations easily integrate the Lordstown Endurance, the first all-electric commercial pickup truck, into their vocational fleet operations.
  • The co-marketing agreement establishes the framework to co-develop business opportunities with Lordstown customers and ARI clients, while the vehicle procurement agreement addresses terms for the order and delivery of a set number of Lordstown Endurance trucks over a three-year term.
  • Under the upfit services agreement, Auto Truck Group, will serve as a preferred ship-thru upfit provider of the Lordstown Endurance.
  • "We are pleased to announce this long-developing relationship and are excited to have Holman Enterprises, a 100-year-old automotive industry icon, select Lordstown Motors as its OEM partner for its innovation and evolution into the EV pickup truck market."

Lordstown Motors and Holman Enterprises Announce Co-Marketing Agreement and Expanded Alliance

Retrieved on: 
Tuesday, March 2, 2021

LORDSTOWN, Ohio, March 02, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light duty trucks focused on the commercial fleet market, has entered into a set of agreements with Holman Enterprises, a global automotive services organization, including a co-marketing agreement and vehicle procurement agreement with ARI, Holmans industry-leading leasing and fleet management services division, and an upfit services agreement with Auto Truck Group, Holman Enterprises' vehicle fabrication and upfitting division.

Key Points: 
  • LORDSTOWN, Ohio, March 02, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light duty trucks focused on the commercial fleet market, has entered into a set of agreements with Holman Enterprises, a global automotive services organization, including a co-marketing agreement and vehicle procurement agreement with ARI, Holmans industry-leading leasing and fleet management services division, and an upfit services agreement with Auto Truck Group, Holman Enterprises' vehicle fabrication and upfitting division.
  • Together, Holman Enterprises and Lordstown Motors will help organizations easily integrate the Lordstown Endurance, the first all-electric commercial pickup truck, into their vocational fleet operations.
  • Under the upfit services agreement, Auto Truck Group, will serve as a preferred ship-thru upfit provider of the Lordstown Endurance.
  • We are pleased to announce this long-developing relationship and are excited to have Holman Enterprises, a 100-year-old automotive industry icon, select Lordstown Motors as its OEM partner for its innovation and evolution into the EV pickup truck market.

Workhorse Group Reports Fourth Quarter and Full Year 2020 Results

Retrieved on: 
Monday, March 1, 2021

CINCINNATI, March 01, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today reported financial results for the fourth quarter and full year ended December 31, 2020.

Key Points: 
  • CINCINNATI, March 01, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (Workhorse or the Company), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today reported financial results for the fourth quarter and full year ended December 31, 2020.
  • Increased the backlog to over 8,000 vehicles, including purchase orders from Pritchard Companies and Pride Group Enterprises in November 2020 and January 2021, respectively.
  • Sales for the fourth quarter of 2020 were recorded at $652,000 compared to $3,000 in the fourth quarter of 2019.
  • Selling, general and administrative expenses increased to $4.7 million from $3.6 million in the fourth quarter of 2019.

INVESTIGATION REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against Workhorse Group Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Retrieved on: 
Friday, February 26, 2021

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Workhorse Group Inc. (Workhorse or the Company) (NASDAQ: WKHS ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Workhorse Group Inc. (Workhorse or the Company) (NASDAQ: WKHS ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • Workhorse submitted a bid for the United States Postal Services next generation delivery vehicle (NGDV) before the July 14, 2020, deadline.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.