{"id":470250,"date":"2021-04-01T18:03:29","date_gmt":"2021-04-01T22:03:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470250"},"modified":"2021-04-01T18:03:29","modified_gmt":"2021-04-01T22:03:29","slug":"glancy-prongay-murray-llp-a-national-class-action-law-firm-continues-investigation-of-canoo-inc-goev-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/glancy-prongay-murray-llp-a-national-class-action-law-firm-continues-investigation-of-canoo-inc-goev-on-behalf-of-investors\/","title":{"rendered":"Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Canoo Inc. (GOEV) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Canoo Inc. (GOEV) on Behalf of Investors<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–Glancy Prongay & Murray LLP<\/a> (\u201cGPM\u201d), a national investor rights law firm, 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 the federal securities laws.\n<\/p>\n

\nIf you suffered a loss on your Canoo investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https:\/\/www.glancylaw.com\/cases\/canoo-inc\/<\/a>. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com<\/a> to learn more about your rights.\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

\nFollow us for updates on LinkedIn<\/a>, Twitter<\/a>, or Facebook<\/a>.\n<\/p>\n

Whistleblower Notice:<\/span><\/b> Persons with non-public information regarding Canoo should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com<\/a>.\n<\/p>\n

About GPM<\/span><\/b><\/p>\n

\nGlancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPM\u2019s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM\u2019s lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPM\u2019s attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPM\u2019s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal<\/i>, The Financial Times<\/i>, Bloomberg Businessweek<\/i>, Reuters<\/i>, the Associated Press<\/i>, Barron\u2019s<\/i>, Investor\u2019s Business Daily<\/i>, Forbes<\/i>, and Money<\/i>.\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\/20210401005834\/en\/<\/a><\/span><\/p>\n

\nGlancy Prongay & Murray LLP, Los Angeles
\n
Charles H. Linehan, 310-201-9150 or 888-773-9224
\n
1925 Century Park East, Suite 2100
\n
Los Angeles, CA 90067
\n
www.glancylaw.com
\n<\/a>
shareholders@glancylaw.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":"

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Canoo Inc. (GOEV) on Behalf of Investors LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (\u201cGPM\u201d), a national investor rights law firm, 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 the federal securities laws. If you suffered a loss on your Canoo investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https:\/\/www.glancylaw.com\/cases\/canoo-inc\/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more … <\/p>\n

Continue reading “Glancy Prongay & Murray LLP, a National Class Action Law Firm, 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-470250","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGlancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Canoo Inc. 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(GOEV) on Behalf of Investors LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (\u201cGPM\u201d), a national investor rights law firm, 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 the federal securities laws. If you suffered a loss on your Canoo investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https:\/\/www.glancylaw.com\/cases\/canoo-inc\/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more … Continue reading "Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Canoo Inc. 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