{"id":475072,"date":"2021-04-12T17:39:08","date_gmt":"2021-04-12T21:39:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/"},"modified":"2021-04-12T17:39:08","modified_gmt":"2021-04-12T21:39:08","slug":"investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc."},"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>INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe law firm of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=1&amp;md5=68855f6604d8e2d49f84bbec51ffca2b\">Kirby McInerney LLP<\/a> is investigating potential claims against Romeo Power, Inc. (\u201cRomeo\u201d or the \u201cCompany\u201d) (NYSE: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FRMO%3Fp%3DRMO%26.tsrc%3Dfin-srch&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=RMO&amp;index=2&amp;md5=b86b2832b8078f21f7bb2192f2b05fdd\">RMO<\/a>). The investigation concerns whether Romeo Power has violated the federal securities laws and\/or engaged in other unlawful business practices.\n<\/p>\n<p>\nOn December 29, 2020, Romeo Power announced the completion of its business combination with a special purpose acquisition company (SPAC) and that starting on December 30, 2020, Romeo Power\u2019s common stock would trade on the New York Stock Exchange.\n<\/p>\n<p>\nThen, on March 30, 2021, Romeo Power announced that as a result of a significant supply shortage of battery cells, Romeo Power now expects its revenue for 2021 to be in the range of $18-40 million compared to a prior projection of $140 million that the Company reportedly made in a November Presentation ahead of the merger.\n<\/p>\n<p>\nFollowing this news, Romeo Power\u2019s stock price declined by $2.04 per share, or 19.7%, to close at $8.33 per share on March 31, 2021.\n<\/p>\n<p>\nIf you purchased or otherwise acquired Romeo securities, have information, or would like to learn more about these claims, please contact<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2Fattorney.asp%3Fkey%3D44&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=Thomas+W.+Elrod&amp;index=3&amp;md5=d340a586b69795e477d9d3a01557f35d\"> Thomas W. Elrod<\/a> of<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=4&amp;md5=8715146954836d679178d66f1096060b\"> Kirby McInerney LLP<\/a> at 212-371-6600, by email at <a rel=\"nofollow\" href=\"mailto:investigations@kmllp.com\">investigations@kmllp.com<\/a>, or by filling out this <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Finvestigation-Romeo-Power&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=contact+form&amp;index=5&amp;md5=44bd70d7175d38fa075cd0b3678148b4\">contact form<\/a>, to discuss your rights or interests with respect to these matters without any cost to you.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=6&amp;md5=6e8b5264aa912a8c458ebdd578bcabe9\">Kirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website:<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.kmllp.com&amp;index=7&amp;md5=f4923c1981932b4333797cd060e0e0bf\"> http:\/\/www.kmllp.com<\/a>.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005976r1&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\/20210412005976\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210412005976\/en\/<\/a><\/span><\/p>\n<p>\nKirby McInerney LLP<br \/>\n<br \/>Thomas W. Elrod, Esq.<br \/>\n<br \/>212-371-6600<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52410558&amp;newsitemid=20210412005976&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.kmllp.com&amp;index=8&amp;md5=0a52fd5a66d951858a9e27a4aac8a6ce\">https:\/\/www.kmllp.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:investigations@kmllp.com\">investigations@kmllp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California New York 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\/20210412005976\/en\/774509\/3\/new_KM_logo.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>INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc. NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP is investigating potential claims against Romeo Power, Inc. (\u201cRomeo\u201d or the \u201cCompany\u201d) (NYSE: RMO). The investigation concerns whether Romeo Power has violated the federal securities laws and\/or engaged in other unlawful business practices. On December 29, 2020, Romeo Power announced the completion of its business combination with a special purpose acquisition company (SPAC) and that starting on December 30, 2020, Romeo Power\u2019s common stock would trade on the New York Stock Exchange. Then, on March 30, 2021, Romeo Power announced that as a result of a significant supply shortage of battery cells, Romeo Power now &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.&#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-475072","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc. - 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\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc. NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP is investigating potential claims against Romeo Power, Inc. (\u201cRomeo\u201d or the \u201cCompany\u201d) (NYSE: RMO). The investigation concerns whether Romeo Power has violated the federal securities laws and\/or engaged in other unlawful business practices. On December 29, 2020, Romeo Power announced the completion of its business combination with a special purpose acquisition company (SPAC) and that starting on December 30, 2020, Romeo Power\u2019s common stock would trade on the New York Stock Exchange. Then, on March 30, 2021, Romeo Power announced that as a result of a significant supply shortage of battery cells, Romeo Power now &hellip; Continue reading &quot;INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T21:39:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005976r1&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\\\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.\",\"datePublished\":\"2021-04-12T21:39:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\\\/\"},\"wordCount\":362,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210412005976r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\\\/\",\"name\":\"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc. - 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NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP is investigating potential claims against Romeo Power, Inc. (\u201cRomeo\u201d or the \u201cCompany\u201d) (NYSE: RMO). The investigation concerns whether Romeo Power has violated the federal securities laws and\/or engaged in other unlawful business practices. On December 29, 2020, Romeo Power announced the completion of its business combination with a special purpose acquisition company (SPAC) and that starting on December 30, 2020, Romeo Power\u2019s common stock would trade on the New York Stock Exchange. Then, on March 30, 2021, Romeo Power announced that as a result of a significant supply shortage of battery cells, Romeo Power now &hellip; Continue reading \"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-12T21:39:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005976r1&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\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.","datePublished":"2021-04-12T21:39:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/"},"wordCount":362,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005976r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-announces-an-investigation-of-shareholder-claims-against-romeo-power-inc\/","name":"INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc. - 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