Boston, Massachusetts--(Newsfile Corp. - April 28, 2021) - Block & Leviton LLP announces that the firm is investigating whether Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) committed securities fraud. Investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, please visit https://www.blockleviton.com/cases/frsx.
What is this all about?
This morning, short seller Fuzzy Panda Research issued a report entitled: "Foresight Autonomous (FRSX): A Minefield of Criminals, Self-dealing, Fake Sales, and Old Technology." In the report, Fuzzy Panda Research accuses Foresight Autonomous of being "an aggressive stock promotion where insiders are siphoning cash to entities they control." Fuzzy Panda Research further wrote that "[a]fter examining the full cast of characters at Foresight, we discovered connections to accused money launderers, convicted felons, numerous penny stock promotions, and financiers who have settled SEC charges of market manipulation."
Who is eligible?
Foresight Autonomous shares are down approximately 9% in premarket trading on April 28, 2021, and are down by over 50% from their February 2021 high trading price of over $10.00 per share. Investors who have lost money on their Foresight Autonomous investment - whether or not they have sold that investment - are potentially eligible and should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is considering filing a securities class action lawsuit to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at firstname.lastname@example.org, or by phone at (617) 398-5600.
Why should you contact Block & Leviton?
Many law firms have issued releases about this matter; many of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email email@example.com with any questions.
This notice may constitute attorney advertising.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82061