{"id":479747,"date":"2021-04-21T09:29:02","date_gmt":"2021-04-21T13:29:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/"},"modified":"2021-04-21T09:29:02","modified_gmt":"2021-04-21T13:29:02","slug":"shareholder-action-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-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-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"},"content":{"rendered":"

<\/p>\n

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–The Schall Law Firm<\/a>, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arcimoto, Inc. (\u201cArcimoto\u201d or \u201cthe Company\u201d) (NASDAQ: FUV<\/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

\nInvestors who purchased the Company’s securities between February 14, 2018 and March 22, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 18, 2021.\n<\/p>\n

\nIf you are a shareholder who suffered a loss, click here to participate<\/a>.\n<\/p>\n

\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’s website at www.schallfirm.com<\/a>, or by email at brian@schallfirm.com<\/a>.\n<\/p>\n

\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

\nAccording to the Complaint, the Company made false and misleading statements to the market. Out of 422 alleged preorders for Arcimoto\u2019s Fun Utility Vehicles (\u201cFUVs\u201d), the Company only delivered 19 units to customers. The Company failed to disclose to its customers that almost all of its FUVs were subject to safety recall. The Company\u2019s largest customer, R-Key-Moto, was actually an undisclosed related party owned by insider FOD Capital, LLC. The Company\u2019s partnership with HULA was also an undisclosed related party transaction. Based on these facts, the Company\u2019s public statements were false and materially misleading. When the market learned the truth about Arcimoto, investors suffered damages.\n<\/p>\n

Join the case<\/a> to recover your losses.\n<\/p>\n

\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210421005660\/en\/<\/a><\/span><\/p>\n

\nThe Schall Law Firm
\n
Brian Schall, Esq.,
\n
www.schallfirm.com
\n<\/a>
Office: 310-301-3335
\n
info@schallfirm.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":"

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arcimoto, Inc. (\u201cArcimoto\u201d or \u201cthe Company\u201d) (NASDAQ: FUV) 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’s securities between February 14, 2018 and March 22, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 18, 2021. If you are a shareholder who suffered a loss, … <\/p>\n

Continue reading “SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 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-479747","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, 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-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-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 REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, 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 REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arcimoto, Inc. (\u201cArcimoto\u201d or \u201cthe Company\u201d) (NASDAQ: FUV) 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’s securities between February 14, 2018 and March 22, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 18, 2021. If you are a shareholder who suffered a loss, … Continue reading "SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-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=\"2021-04-21T13:29:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210421005660r1&sid=flmnd&distro=nx&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-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-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-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-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 REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\",\"datePublished\":\"2021-04-21T13:29:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-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-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210421005660r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-reminds-investors-of-a-class-action-lawsuit-against-arcimoto-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\\\/\",\"name\":\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Arcimoto, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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(\u201cArcimoto\u201d or \u201cthe Company\u201d) (NASDAQ: FUV) 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’s securities between February 14, 2018 and March 22, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 18, 2021. 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