{"id":472311,"date":"2021-04-06T19:27:03","date_gmt":"2021-04-06T23:27:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472311"},"modified":"2021-04-06T19:27:03","modified_gmt":"2021-04-06T23:27:03","slug":"canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/","title":{"rendered":"CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }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>\nCANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW\n<\/p>\n<p>NEW ORLEANS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until<b><span class=\"bwuline\">June 1, 2021<\/span><\/b> to file lead plaintiff applications in a securities class action lawsuit against Canoo Inc. (NasdaqGS: GOEV, GOEVW) f\/k\/a Hennessy Capital Acquisition Corp. IV, if they purchased the Company\u2019s securities between August 18, 2020 and March 29, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Central District of California.\n<\/p>\n<p>\nWhat You May Do\n<\/p>\n<p>\nIf you purchased securities of Canoo and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (<a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a>), or visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-goev%2F&amp;esheet=52407724&amp;newsitemid=20210406006176&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-goev%2F&amp;index=1&amp;md5=7acc5afd497ebbc8b10c079b01dbe5fa\">https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-goev\/<\/a> to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by <b><span class=\"bwuline\">June 1, 2021<\/span><\/b>.\n<\/p>\n<p>\nAbout the Lawsuit\n<\/p>\n<p>\nCanoo and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\n<\/p>\n<p>\nOn or about December 21, 2020, Canoo Holdings became a public entity via merger with Hennessy Capital, with the surviving entity named \u201cCanoo.\u201d On March 29, 2021, post-market, the Company disclosed significant changes to its business model, previously touted by the Company to investors, deemphasizing its engineering services business and no longer focusing on its subscription-based business.\n<\/p>\n<p>\nOn this news, shares of Canoo plummeted $2.50, or $21.2%, from a March 29, 2021 close of $11.80 per share to close at $9.30 per share on March 30, 2021, on heavy volume.\n<\/p>\n<p>\nThe case is <i>Blake v. Canoo Inc., et al., <\/i>No. 2:21-cv-02873.\n<\/p>\n<p>\nAbout Kahn Swick &amp; Foti, LLC\n<\/p>\n<p>\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n<p>\nTo learn more about KSF, you may visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ksfcounsel.com&amp;esheet=52407724&amp;newsitemid=20210406006176&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=b8c416a469ce5ff2f16fc7d95f286883\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406006176r1&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\/20210406006176\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210406006176\/en\/<\/a><\/span><\/p>\n<p>\nKahn Swick &amp; Foti, LLC<br \/>\n<br \/>Lewis Kahn, Managing Partner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<br \/>\n<\/a><br \/>1-877-515-1850\n<\/p>\n<p><b>KEYWORDS:<\/b> Louisiana 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\/20210406006176\/en\/1064494\/3\/2021-03-29-ksf-logo-sec.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>CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilJune 1, 2021 to file lead plaintiff applications in a securities class action lawsuit against Canoo Inc. (NasdaqGS: GOEV, GOEVW) f\/k\/a Hennessy Capital Acquisition Corp. IV, if they purchased the Company\u2019s securities between August 18, 2020 and March 29, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Central District of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW&#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-472311","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. - GOEV, GOEVW - 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\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. - GOEV, GOEVW - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilJune 1, 2021 to file lead plaintiff applications in a securities class action lawsuit against Canoo Inc. (NasdaqGS: GOEV, GOEVW) f\/k\/a Hennessy Capital Acquisition Corp. IV, if they purchased the Company\u2019s securities between August 18, 2020 and March 29, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Central District of &hellip; Continue reading &quot;CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T23:27:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406006176r1&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\\\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; 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GOEV, GOEVW NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilJune 1, 2021 to file lead plaintiff applications in a securities class action lawsuit against Canoo Inc. (NasdaqGS: GOEV, GOEVW) f\/k\/a Hennessy Capital Acquisition Corp. IV, if they purchased the Company\u2019s securities between August 18, 2020 and March 29, 2021, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Central District of &hellip; Continue reading \"CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canoo Inc. &#8211; GOEV, GOEVW\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-06T23:27:03+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406006176r1&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\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/canoo-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CANOO SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; 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