{"id":470016,"date":"2021-04-01T14:37:24","date_gmt":"2021-04-01T18:37:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470016"},"modified":"2021-04-01T14:37:24","modified_gmt":"2021-04-01T18:37:24","slug":"investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-canoo-inc-goev-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-canoo-inc-goev-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Canoo Inc. (GOEV) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Canoo Inc. (GOEV) on Behalf of Investors <\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith continues its investigation on behalf of Canoo Inc. (\u201cCanoo\u201d or the \u201cCompany\u201d) (NASDAQ: GOEV<\/a>) investors concerning the Company and its officers\u2019 possible violations of federal securities laws.\n<\/p>\n

\nOn March 29, 2021, Canoo announced its fourth quarter and full year 2020 financial results in a press release, reporting a net loss of $89.9 million for the year. The Company also announced that its Chief Financial Officer had resigned.\n<\/p>\n

\nThe same day, The Verge<\/i> released an article entitled \u201cCanoo\u2019s deal with Hyundai appears dead: The startup\u2019s [sic] also changed its tune on selling EV tech to big companies.\u201d The article stated that \u201c[w]hen pressed on the startup\u2019s previous claims,\u201d the current chairman pointed to its prior leadership and said \u201cthey were a little more aggressive\u201d and \u201cthat talk of potential partnerships was \u2018presumptuous.\u2019\u201d Lastly, the article noted that \u201cCanoo quietly uploaded a new investor presentation to its investor relations website on Monday that no longer mentions Hyundai.\u201d\n<\/p>\n

\nOn this news, the Company\u2019s stock price fell $2.50 per share, or 21%, to close at $9.30 per share on March 30, 2021, thereby injuring investors.\n<\/p>\n

\nIf you purchased Canoo 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\/20210401005815\/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 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 Continues Investigation of Canoo Inc. (GOEV) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith continues its investigation on behalf of Canoo Inc. (\u201cCanoo\u201d or the \u201cCompany\u201d) (NASDAQ: GOEV) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On March 29, 2021, Canoo announced its fourth quarter and full year 2020 financial results in a press release, reporting a net loss of $89.9 million for the year. The Company also announced that its Chief Financial Officer had resigned. The same day, The Verge released an article entitled \u201cCanoo\u2019s deal with Hyundai appears dead: The startup\u2019s [sic] also changed its tune on selling EV tech … <\/p>\n

Continue reading “INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Canoo Inc. (GOEV) 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-470016","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Canoo Inc. 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(\u201cCanoo\u201d or the \u201cCompany\u201d) (NASDAQ: GOEV) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On March 29, 2021, Canoo announced its fourth quarter and full year 2020 financial results in a press release, reporting a net loss of $89.9 million for the year. The Company also announced that its Chief Financial Officer had resigned. The same day, The Verge released an article entitled \u201cCanoo\u2019s deal with Hyundai appears dead: The startup\u2019s [sic] also changed its tune on selling EV tech … Continue reading "INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Canoo Inc. 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