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NEW YORK, May 13, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Lordstown Motors Corp. ( Lordstown or the Company ) (formerly known as DiamondPeak Holdings Corp. ( DiamondPeak )) (NASDAQ: RIDE) (NASDAQ: RIDEW) (NASDAQ: DPHC) and certain of its officers. The class action, filed in the United States District Court for the Northern District of Ohio, Eastern Division, and docketed under 21-cv-00760, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lordstown securities between August 3, 2020 and March 17, 2021, inclusive (the Class Period ). This action is brought on behalf of the Class for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act ), 15 U.S.C. §§ 78j(b) and 78t(a) and Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. § 240.10b-5.
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LORDSTOWN CLASS ACTION REMINDER
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Lordstown To Contact Him Directly To Discuss Their Options
NEW YORK - ( NewMediaWire ) - May 06, 2021 - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lordstown Motors Corp. (“Lordstown” or the “Company”) (NASDAQ:RIDE) and reminds investors of the May 17, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
If you suffered losses exceeding $50,000 investing in Lordstown stock or options between August 3, 2020 and March 17, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional informa