NEW YORK, May 01, 2021 (GLOBE NEWSWIRE) WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of XL Fleet Corp..
Lead Plaintiff Deadline: June 8, 2021
3D Systems is a holding company that offers three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools.
On March 1, 2021, 3D Systems issued a press release advising investors that it would delay the filing of its annual report on a Form 10-K. The Company stated that “the delay in filing is primarily related to the presentation of cash flows associated with the divestiture process for its Cimatron and GibbsCam software businesses.” 3D Systems also stated that it had identified “certain internal control deficiencies” and that, as a result, it would “report material weaknesses in internal controls in its fiscal 2020 Annual Report on Form 10-K.” On March 2, 2021, 3D Systems filed a NT-10-K with the SEC, stating that their 10- K filing would be delayed.
Home / Top News / INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against and 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. and Encourages Investors to Contact the Firm
INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That Class Action Lawsuits Have Been Filed Against and 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. and Encourages Investors to Contact the Firm
NEW YORK, April 30, 2021 (GLOBE NEWSWIRE) The law firm of Kirby McInerney LLP reminds investors that class action lawsuits have been filed on behalf of stockholders of 3D Systems Corporation, Plug Power Inc., SOS Limited, and XL Fleet Corp. Investors have until the deadlines below to apply to the Court to be appointed as lead plaintiff in the lawsuit. Additional information about each case can be found at the links provided below.
According to the lawsuit, defendants throughout the Class Period made misleading and/or false statements and/or failed to disclose that: (1) Workhorse was merely hoping that USPS would choose an electric vehicle as its Next Generation Delivery Vehicle, but had no indication or assurance from USPS that this was the case; (2) Workhorse had concealed the fact that electrifying the USPS’s entire fleet would be impractical and astronomically expensive which had been revealed by the postmaster general in explaining the ultimate decision not to select an electric vehicle; and (3) defendants’ statements about Workhorse’s prospects, business, and operations were materially misleading and false and/or lacked a reasonable basis at all relevant times, as a result. This lawsuit claims that investors suffered damages when the true details entered the market.
/PRNewswire/ WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of XL Fleet Corp. (NYSE: XL) between October 2,.