{"id":470051,"date":"2021-04-01T15:51:25","date_gmt":"2021-04-01T19:51:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470051"},"modified":"2021-04-01T15:51:25","modified_gmt":"2021-04-01T19:51:25","slug":"the-law-offices-of-frank-r-cruz-continues-its-investigation-of-canoo-inc-goev-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-continues-its-investigation-of-canoo-inc-goev-on-behalf-of-investors\/","title":{"rendered":"The Law Offices of Frank R. Cruz Continues Its Investigation of Canoo Inc. (GOEV) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

The Law Offices of Frank R. Cruz Continues Its Investigation of Canoo Inc. (GOEV) on Behalf of Investors<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–The Law Offices of Frank R. Cruz<\/a> continues its investigation of Canoo Inc. (\u201cCanoo\u201d or the \u201cCompany\u201d) (NASDAQ: GOEV<\/a>) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nIf you are a shareholder who suffered a loss, click here<\/a> to participate.\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 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

\nFollow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.\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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com<\/a>, or visit our website at www.frankcruzlaw.com<\/a>. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.\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\/20210401005868\/en\/<\/a><\/span><\/p>\n

\nThe Law Offices of Frank R. Cruz, Los Angeles
\n
Frank R. Cruz, 310-914-5007
\n
fcruz@frankcruzlaw.com
\n<\/a>
www.frankcruzlaw.com<\/a><\/p>\n

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

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

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The Law Offices of Frank R. Cruz Continues Its Investigation of Canoo Inc. (GOEV) on Behalf of Investors LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz continues its investigation of Canoo Inc. (\u201cCanoo\u201d or the \u201cCompany\u201d) (NASDAQ: GOEV) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. 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: … <\/p>\n

Continue reading “The Law Offices of Frank R. Cruz Continues Its 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-470051","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Law Offices of Frank R. Cruz Continues Its Investigation of Canoo Inc. 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(\u201cCanoo\u201d or the \u201cCompany\u201d) (NASDAQ: GOEV) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. 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: … Continue reading "The Law Offices of Frank R. Cruz Continues Its Investigation of Canoo Inc. 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