{"id":474004,"date":"2021-04-08T21:03:23","date_gmt":"2021-04-09T01:03:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474004"},"modified":"2021-04-08T21:03:23","modified_gmt":"2021-04-09T01:03:23","slug":"arcimoto-alert-bragar-eagel-squire-p-c-is-investigating-arcimoto-inc-on-behalf-of-arcimoto-stockholders-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arcimoto-alert-bragar-eagel-squire-p-c-is-investigating-arcimoto-inc-on-behalf-of-arcimoto-stockholders-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"ARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors to Contact the Firm"},"content":{"rendered":"

<\/p>\n

ARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors to Contact the Firm<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nBragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Arcimoto, Inc. (NASDAQ: FUV) on behalf of Arcimoto stockholders. Our investigation concerns whether Arcimoto has violated the federal securities laws and\/or engaged in other unlawful business practices.\n<\/p>\n

\nClick here<\/a> to participate in the action.\n<\/p>\n

\nOn March 23, 2021, Bonitas Research published a report alleging that Arcimoto had delivered \u201cless than 5%\u201d of the pre-orders it had touted since 2018 and that the Company\u2019s largest customer is secretly owned and operated by an undisclosed related party, FOD Capital, LLC. Moreover, the report alleged that one day before Arcimoto touted a 90-day trial for first responder units in Orlando, the Company had filed a total production recall notice \u201cdue to safety issues with the electronic drivers in the vehicles which can \u2018lead to unexpected battery shutdown and immediate loss of traction-power.\u2019\u201d\n<\/p>\n

\nOn this news, the Company\u2019s stock price fell sharply on March 23, 2021, to close at $15.67 per share.\n<\/p>\n

\nIf you purchased or otherwise acquired Arcimoto shares and suffered a loss, are a long-term stockholder, have information, 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 Brandon Walker, Melissa Fortunato, or Marion Passmore by email at investigations@bespc.com<\/a>, telephone at (212) 355-4648, or by filling out this contact form<\/a>. There is no cost or obligation to you.\n<\/p>\n

About Bragar Eagel & Squire, P.C.:<\/b><\/p>\n

\nBragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com<\/a>. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210408005849\/en\/<\/a><\/span><\/p>\n

\nBragar Eagel & Squire, P.C.
\n
Brandon Walker, Esq.
\n
Melissa Fortunato, Esq.
\n
Marion Passmore, Esq.
\n
(212) 355-4648
\n
investigations@bespc.com
\n<\/a>
www.bespc.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/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":"

ARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors to Contact the Firm NEW YORK–(BUSINESS WIRE)– Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Arcimoto, Inc. (NASDAQ: FUV) on behalf of Arcimoto stockholders. Our investigation concerns whether Arcimoto has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On March 23, 2021, Bonitas Research published a report alleging that Arcimoto had delivered \u201cless than 5%\u201d of the pre-orders it had touted since 2018 and that the Company\u2019s largest customer is secretly owned and operated by an undisclosed related party, FOD Capital, … <\/p>\n

Continue reading “ARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors to Contact the Firm”<\/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-474004","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors 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\/arcimoto-alert-bragar-eagel-squire-p-c-is-investigating-arcimoto-inc-on-behalf-of-arcimoto-stockholders-and-encourages-investors-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=\"ARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ARCIMOTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Arcimoto, Inc. on Behalf of Arcimoto Stockholders and Encourages Investors to Contact the Firm NEW YORK–(BUSINESS WIRE)– Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Arcimoto, Inc. (NASDAQ: FUV) on behalf of Arcimoto stockholders. Our investigation concerns whether Arcimoto has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. 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