{"id":460947,"date":"2021-03-18T13:13:30","date_gmt":"2021-03-18T17:13:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=460947"},"modified":"2021-03-18T13:13:30","modified_gmt":"2021-03-18T17:13:30","slug":"wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/","title":{"rendered":"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc."},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, March 18, 2021<\/span> \/PRNewswire\/ —\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Workhorse Group, Inc. (“Workhorse Group” or the “Company”) (NASDAQ: WKHS) from July 7, 2020<\/span> through February 23, 2021<\/span> (the “Class Period”). The lawsuit filed in the United States<\/span> District Court for the Central District of California<\/span> alleges violations of the Securities Exchange Act of 1934.<\/p>\n

\n

\n
\n \"Bernstein
\n <\/a>\n <\/p>\n<\/p><\/div>\n

If you\u00a0purchased Workhorse Group securities, and\/or would like to discuss your legal rights and options<\/b>\u00a0please visit\u00a0Workhorse Group Shareholder Class Action Lawsuit<\/a>\u00a0or contact\u00a0Matthew E. Guarnero<\/span><\/a>\u00a0toll free at\u00a0(877) 779-1414<\/b>\u00a0or\u00a0MGuarnero@bernlieb.com<\/a><\/p>\n

In 2016, the United States Postal Service (“USPS”) launched the USPS Next Generation Delivery Vehicle (“NGDV”) project, which was a competitive multiyear acquisition process to replace approximately 165,000 package delivery vehicles. Workhorse Group was one of the companies aiming to secure the NGDV contract, worth approximately $6.3 billion<\/span>. <\/p>\n

On February 23, 2021<\/span>, the USPS issued a press release announcing that Oshkosh Defense had won the NGDV contract \u2013 not Workhorse Group. <\/p>\n

On this news, Workhorse Group’s stock price fell $14.88<\/span> per share, or 47% to close at $16.47<\/span> on February 23, 2021<\/span>. The price continued to fall in after-hours trading and opened on February 23, 2021<\/span>, at $14<\/span>\/07, a drop of over 50% from the previous open. <\/p>\n

The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and\/or failed to disclose that: (1) the Company was merely hoping that USPS was going to select an electric vehicle as its Next Generation Delivery Vehicle, and had no assurance or indication from USPS that this was the case; (2) the Company had concealed the fact that electrifying the USPS’s entire fleet would be impractical and astronomically expensive; and (3) as a result, defendants’ statements about Workhorse Group’s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times. <\/p>\n

If you wish to serve as lead plaintiff, you must move the Court no later than May 7, 2021<\/span>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n

If you\u00a0purchased Workhorse Group securities, and\/or would like to discuss your legal rights and options<\/b>\u00a0please visit\u00a0https:\/\/www.bernlieb.com\/cases\/workhorsegroupinc-wkhs-shareholder-class-action-lawsuit-fraud-stock-376\/apply\/<\/a> or contact\u00a0Matthew E. Guarnero<\/span><\/a>\u00a0toll free at\u00a0(877) 779-1414<\/b>\u00a0or\u00a0MGuarnero@bernlieb.com<\/a><\/p>\n

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion<\/span> for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.<\/p>\n

ATTORNEY ADVERTISING. \u00a9 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York<\/span> 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut<\/span> is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n

Contact Information
Matthew E. Guarnero<\/span>
Bernstein Liebhard LLP
https:\/\/www.bernlieb.com<\/a>
(877) 779-1414
MGuarnero@bernlieb.com<\/a><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-301250439.html<\/a><\/p>\n

SOURCE Bernstein Liebhard LLP<\/p>\n<\/p><\/div>\n

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

PR Newswire NEW YORK, March 18, 2021 \/PRNewswire\/ —\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Workhorse Group, Inc. (“Workhorse Group” or the “Company”) (NASDAQ: WKHS) from July 7, 2020 through February 23, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased Workhorse Group securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0Workhorse Group Shareholder Class Action Lawsuit\u00a0or contact\u00a0Matthew E. Guarnero\u00a0toll free at\u00a0(877) … <\/p>\n

Continue reading “WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc.”<\/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-460947","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, March 18, 2021 \/PRNewswire\/ —\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Workhorse Group, Inc. 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Guarnero\u00a0toll free at\u00a0(877) … Continue reading "WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T17:13:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc.\",\"datePublished\":\"2021-03-18T17:13:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\\\/\"},\"wordCount\":630,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/616919\\\/Bernstein_Liebhard_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\\\/\",\"name\":\"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc. - 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(“Workhorse Group” or the “Company”) (NASDAQ: WKHS) from July 7, 2020 through February 23, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased Workhorse Group securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0Workhorse Group Shareholder Class Action Lawsuit\u00a0or contact\u00a0Matthew E. Guarnero\u00a0toll free at\u00a0(877) … Continue reading \"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-18T17:13:30+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc.","datePublished":"2021-03-18T17:13:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/"},"wordCount":630,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/wkhs-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-workhorse-group-inc-2\/","name":"WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc. - 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