Hindenburg Research Says EHang Holdings (EH) Fluffs Its Pre-Orders and Misleads About Early Sales – Hagens Berman
SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges EHang Holdings Limited (NASDAQ: EH) investors who suffered substantial losses to submit your losses now .
- SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges EHang Holdings Limited (NASDAQ: EH) investors who suffered substantial losses to submit your losses now .
- The investigation focuses on the propriety of EHang’s statements concerning the business prospects for its electric vertical take-off and landing (“eVTOL”) aircraft.
- “We’re focused on investors’ losses and are investigating whether EHang may have misled investors about whether its purported 1300+ preorder book could possibly translate into actual sales revenues,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
- Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.