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CLASS ACTION UPDATE for REGI, NEPT and GOEV: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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·4 min read
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NEW YORK, NY / ACCESSWIRE / May 3, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

REGI Shareholders Click Here: https://www.zlk.com/pslra-1/renewable-energy-group-inc-loss-submission-form?prid=15384&wire=1
NEPT Shareholders Click Here: https://www.zlk.com/pslra-1/neptune-wellness-solutions-inc-loss-submission-form?prid=15384&wire=1
GOEV Shareholders Click Here: https://www.zlk.com/pslra-1/canoo-inc-loss-submission-form?prid=15384&wire=1

* ADDITIONAL INFORMATION BELOW *

Renewable Energy Group, Inc. (NASDAQ:REGI)

REGI Lawsuit on behalf of: investors who purchased May 3, 2018 - February 25, 2021
Lead Plaintiff Deadline : May 3, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/renewable-energy-group-inc-loss-submission-form?prid=15384&wire=1

According to the filed complaint, during the class period, Renewable Energy Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company's customers; (2) as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) as a result, Renewable Energy's revenue and net income were overstated for certain periods; (4) there was a material weakness in the Company's internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; and (5) 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.

Neptune Wellness Solutions Inc. (NASDAQ:NEPT)

NEPT Lawsuit on behalf of: investors who purchased July 24, 2019 - February 16, 2021
Lead Plaintiff Deadline : May 17, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/neptune-wellness-solutions-inc-loss-submission-form?prid=15384&wire=1

According to the filed complaint, during the class period, Neptune Wellness Solutions Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (ii) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Canoo Inc. (NASDAQ:GOEV)

GOEV Lawsuit on behalf of: investors who purchased August 18, 2020 - March 29, 2021
Lead Plaintiff Deadline : June 1, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/canoo-inc-loss-submission-form?prid=15384&wire=1

According to the filed complaint, during the class period, Canoo Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/643811/CLASS-ACTION-UPDATE-for-REGI-NEPT-and-GOEV-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders