{"id":441383,"date":"2021-02-22T20:02:31","date_gmt":"2021-02-23T01:02:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441383"},"modified":"2021-02-22T20:02:31","modified_gmt":"2021-02-23T01:02:31","slug":"investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-velodyne-lidar-inc-vldr-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-velodyne-lidar-inc-vldr-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velodyne Lidar, Inc. (VLDR) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velodyne Lidar, Inc. (VLDR) on Behalf of Investors <\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith announces an investigation on behalf of Velodyne Lidar, Inc. (“Velodyne” or “the Company”) (NASDAQ: VLDR<\/a>) investors concerning the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nOn February 22, 2021, Velodyne announced in a press release that it was immediately replacing David Hall, the Company’s founder and former Chairman of the Board of Directors, and Marta Thoma Hall, the Company’s former Chief Marketing Officer. An investigation by the Audit Committee had \u201cconcluded that Mr. Hall and Ms. Hall each behaved inappropriately with regard to certain Board and Company processes, and failed to operate with respect, honesty, integrity, and candor in their dealings with Company officers and directors.\u201d In addition, Velodyne\u2019s Board of Directors formally censured Mr. Hall and Ms. Hall.\n<\/p>\n

\nOn this news, Velodyne stock price fell $3.14, or approximately 15%, to close at $17.97 per share on February 22, 2021, thereby injuring investors.\n<\/p>\n

\nIf you purchased Velodyne securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210222005980\/en\/<\/a><\/span><\/p>\n

\nLaw Offices of Howard G. Smith
\n
Howard G. Smith, Esquire
\n
215-638-4847
\n
888-638-4847
\n
howardsmith@howardsmithlaw.com
\n<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velodyne Lidar, Inc. (VLDR) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces an investigation on behalf of Velodyne Lidar, Inc. (“Velodyne” or “the Company”) (NASDAQ: VLDR) investors concerning the Company\u2019s possible violations of federal securities laws. On February 22, 2021, Velodyne announced in a press release that it was immediately replacing David Hall, the Company’s founder and former Chairman of the Board of Directors, and Marta Thoma Hall, the Company’s former Chief Marketing Officer. An investigation by the Audit Committee had \u201cconcluded that Mr. Hall and Ms. Hall each behaved inappropriately with regard to certain Board and Company processes, and failed to operate … <\/p>\n

Continue reading “INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velodyne Lidar, Inc. (VLDR) on Behalf of Investors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-441383","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velodyne Lidar, Inc. 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(“Velodyne” or “the Company”) (NASDAQ: VLDR) investors concerning the Company\u2019s possible violations of federal securities laws. On February 22, 2021, Velodyne announced in a press release that it was immediately replacing David Hall, the Company’s founder and former Chairman of the Board of Directors, and Marta Thoma Hall, the Company’s former Chief Marketing Officer. An investigation by the Audit Committee had \u201cconcluded that Mr. Hall and Ms. Hall each behaved inappropriately with regard to certain Board and Company processes, and failed to operate … Continue reading "INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velodyne Lidar, Inc. 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