SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Volta Inc. with Losses of $100,000 to Contact the Firm

- Publicidad -

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Volta Inc. f/k/a Tortoise Acquisition Corp. II (“Volta” or “the Company”) (NYSE: VLTA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between August 2, 2021 and March 28, 2022, inclusive (the »Class Period»), are encouraged to contact the firm before May 31, 2022.

- Publicidad -

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Volta failed to properly account for restricted stock units issued in relation to its business combination. Based on this failure, the Company understated its net loss for the third quarter of 2021. The Company failed to maintain appropriate controls over financial reporting. As a result, the Company would be forced to restate its financial statements. Based on these problems, the Company’s founders would leave the organization. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Volta, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

- Publicidad -

Más del autor

Artículos relacionados

Lo más reciente

Sam Bankman-Fried, cerebro de la plataforma de criptomonedas FTX, fue sentenciado a 25 años de cárcel

El cerebro de la plataforma de criptomonedas FTX, Sam Bankman-Fried, fue sentenciado este jueves 28 de marzo en Nueva York a 25 años de...

Lula y Macron afirman que veto a la candidatura de Corina Yoris en Venezuela es “grave”

El presidente de Brasil, Luiz Inácio Lula da Silva, afirmó este jueves 28 de marzo que el bloqueo de la candidatura de la opositora...

CNE ante declaraciones de EEUU: “Cualquier intento de interferir las elecciones será enfrentado con determinación”

El Consejo Nacional Electoral (CNE) rechazó este jueves 28 de marzo por «insolentes y falsos» las declaraciones del Departamento de Estado señalando al ente...

¿Quieres recibir las notas de mayor interés en tu email?

Comparte con nosotros tu email y te haremos llegar las noticias de mayor relevancia directo a tu correo