NEW
YORK, Nov. 22, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of Evolv Technologies Holdings, Inc. (NASDAQ:
EVLV).
Shareholders who purchased shares of EVLV during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/evolv-technologies-holdings-inc-loss-submission-form-2/?id=112970&from=4
CLASS PERIOD: August 19,
2022 to October 30, 2024
ALLEGATIONS: According to the filed complaint, defendants
made false and/or misleading statements and/or failed to disclose
that: Company's financial statements prepared for the periods
between Q2 2022 through Q2 2024 contained material misstatements
relating to improper revenue recognition and other reported metrics
that are a function of revenue. In truth, Evolv's sales, including
sales to one of its largest channel partners, were subject to
extra-contractual terms and conditions not shared with the
Company's accounting personnel, distorting the Company's reported
revenue and other metrics that are a function of revenue during the
Class Period. What's more, far from the Company's touted "growing
momentum" and "continued traction" with channel partners, the
Company's personnel was engaged in misconduct concerning sales to
one of the Company's largest channel partners.
DEADLINE: December 31, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/evolv-technologies-holdings-inc-loss-submission-form-2/?id=112970&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of EVLV during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is December 31, 2024. There is no
cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
