Lightning eMotors, Inc.
(NYSE: ZEV)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Lightning eMotors, Inc. ("Lightning") on behalf of stockholders. A class action complaint has been filed against Lightning. The complaint alleges that defendants made materially false and misleading statements regarding Lightning's business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Lightning would record a substantially greater net loss per share in the second quarter of 2021 compared to the second quarter of 2020 and would pull its full year guidance for the remainder of 2021; (ii) accordingly, Lightning materially overstated its financial position and/or prospects; and (iii) as a result, Lightning's public statements were materially false and misleading at all relevant times