Volta Inc.

(NYSE: VLTA)

Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Volta Inc. ("Volta" or the "Company") on behalf of stockholders. A class action complaint has been filed against Volta. The complaint alleges that defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (i) Volta had improperly accounted for restricted stock units issued in connection with the business combination of Volta Industries, Inc. and Tortoise Acquisition Corp. II; (ii) as a result, the Company had understated its net loss for third quarter 2021; (iii) there were material weaknesses in the Company's internal controls over financial reporting that resulted in a material error; (iv) as a result of the foregoing, the Company would restate its financial statements; (v) as a result, Legacy Volta's founders would imminently exit the Company; (vi) as a result, the Company's financial results would be adversely impacted; and (vii) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Join This Action

First Name*

Last Name*

Email Address*

Mailing Address*

City*

State/Province*

Zip/Postal Code*

Phone*

Number of Shares Purchased

Date(s) Shares Purchased

Purchase Price Per Share

Number of Shares Sold

Date(s) Shares Sold

Sale Price Per Share

Comments

Alternatively, you may upload your transactions using the upload button below or email them to info@rl-legal.com.

Select files

By signing and clicking the Submit button below, I hereby execute the Retention Agreement and, upon execution of the Retention Agreement by Rigrodsky Law, P.A., retain Rigrodsky Law, P.A. to bring a lawsuit on my behalf pursuant to the terms set forth in the Retention Agreement, which is incorporated herein by reference.*

Draw your signature below using your mouse* [Clear]

Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: 09/14/2024

X Code

* Indicates a required field.