{"id":471002,"date":"2021-04-05T14:00:30","date_gmt":"2021-04-05T18:00:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471002"},"modified":"2021-04-05T14:00:30","modified_gmt":"2021-04-05T18:00:30","slug":"shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2F&amp;esheet=52406630&amp;newsitemid=20210405005392&amp;lan=en-US&amp;anchor=The+Schall+Law+Firm&amp;index=1&amp;md5=45de3c80fb5136139743f78e08bb6066\">The Schall Law Firm<\/a>, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. (\u201cCanoo\u201d or \u201cthe Company\u201d) (NASDAQ: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FGOEV&amp;esheet=52406630&amp;newsitemid=20210405005392&amp;lan=en-US&amp;anchor=GOEV&amp;index=2&amp;md5=45a3b11976e49e8cd02d4f06304007dc\">GOEV<\/a>) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.\n<\/p>\n<p>\nInvestors who purchased the Company&#8217;s securities between August 18, 2020 and March 29, 2021, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before June 1, 2021.\n<\/p>\n<p>\nIf you are a shareholder who suffered a loss, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fcanoo-inc%2F%23case-form&amp;esheet=52406630&amp;newsitemid=20210405005392&amp;lan=en-US&amp;anchor=click+here+to+participate&amp;index=3&amp;md5=d4b50e5dd3d30867dad142b1e6d05b4a\">click here to participate<\/a>.\n<\/p>\n<p>\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpr.report%2FmIwBkOrU&amp;esheet=52406630&amp;newsitemid=20210405005392&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=4&amp;md5=b3435b737fa5e79dff827a0040f84b6c\">www.schallfirm.com<\/a>, or by email at <a rel=\"nofollow\" href=\"mailto:brian@schallfirm.com\">brian@schallfirm.com<\/a>.\n<\/p>\n<p>\nThe class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.\n<\/p>\n<p>\nAccording to the Complaint, the Company made false and misleading statements to the market. Canoo shifted away from its previous focus on selling vehicles using a subscription model. The Company\u2019s engineering services would not provide meaningful revenue in 2021, or reduce operational risk. As a result, the Company would shift its focus away from the engineering services business as well. The Company did not have partnerships with original equipment manufacturers (OEMs) and was not engaging in its previously announced partnership with Hyundai. Based on these facts, the Company\u2019s public statements were false and materially misleading. When the market learned the truth about Canoo, investors suffered damages.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fcanoo-inc%2F%23case-form&amp;esheet=52406630&amp;newsitemid=20210405005392&amp;lan=en-US&amp;anchor=Join+the+case&amp;index=5&amp;md5=f8973492c4af5805d8ed36aff174a767\">Join the case<\/a> to recover your losses.\n<\/p>\n<p>\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210405005392r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210405005392\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210405005392\/en\/<\/a><\/span><\/p>\n<p>\nThe Schall Law Firm<br \/>\n<br \/>Brian Schall, Esq.,<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.schallfirm.com&amp;esheet=52406630&amp;newsitemid=20210405005392&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=6&amp;md5=6d4887a1b420d4dfd146f546aef4ea0d\">www.schallfirm.com<br \/>\n<\/a><br \/>Office: 310-301-3335<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@schallfirm.com\">info@schallfirm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210405005392\/en\/827144\/3\/Schall-Firm-Logo-640x360.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. (\u201cCanoo\u201d or \u201cthe Company\u201d) (NASDAQ: GOEV) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between August 18, 2020 and March 29, 2021, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before June 1, 2021. If you are a shareholder who suffered a loss, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&#8221;<\/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-471002","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. (\u201cCanoo\u201d or \u201cthe Company\u201d) (NASDAQ: GOEV) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between August 18, 2020 and March 29, 2021, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before June 1, 2021. If you are a shareholder who suffered a loss, &hellip; Continue reading &quot;SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-05T18:00:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210405005392r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\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=\"2 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\\\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\",\"datePublished\":\"2021-04-05T18:00:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\"},\"wordCount\":428,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210405005392r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\",\"name\":\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk","og_description":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canoo Inc. (\u201cCanoo\u201d or \u201cthe Company\u201d) (NASDAQ: GOEV) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between August 18, 2020 and March 29, 2021, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before June 1, 2021. If you are a shareholder who suffered a loss, &hellip; Continue reading \"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-05T18:00:30+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210405005392r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm","datePublished":"2021-04-05T18:00:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/"},"wordCount":428,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210405005392r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-canoo-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","name":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Canoo Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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