{"id":508465,"date":"2021-06-30T16:13:35","date_gmt":"2021-06-30T20:13:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/"},"modified":"2021-06-30T16:13:35","modified_gmt":"2021-06-30T20:13:35","slug":"rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/","title":{"rendered":"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation – Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C."},"content":{"rendered":"
\n

PHILADELPHIA, June 30, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims<\/a> on behalf of investors of Rekor<\/strong> Systems, Inc., f\/k\/a <\/strong>Novume<\/strong> Solutions, Inc. (\u201c<\/strong>Rekor<\/strong>\u201d <\/strong>or the \u201cCompany\u201d) (<\/strong>NASDAQ: REKR<\/strong><\/a>)<\/strong> to determine whether Rekor engaged in securities fraud or other unlawful business practices.<\/p>\n

\n A c<\/strong>
\n lass action lawsuit<\/strong>
\n ha<\/strong>
\n s <\/strong>
\n been <\/strong>
\n filed in United States District Court<\/strong>
\n for the District <\/strong>
\n o<\/strong>
\n f Maryland <\/strong>
\n on behalf of <\/strong>
\n investors who purchased, or otherwise acquired, <\/strong>
\n the securities of <\/strong>
\n Rekor<\/strong>
\n between <\/strong>
\n
\n April 12, <\/u>
\n <\/strong>
\n
\n 2<\/u>
\n <\/strong>
\n
\n 019<\/u>
\n <\/strong>
\n
\n and May 25, 2021, both dates inclusive (<\/u>
\n <\/strong>
\n the<\/u>
\n
\n \u201cClass Period\u201d). <\/u>
\n <\/strong>\n <\/p>\n

According to the lawsuit, throughout the Class Period, the Rekor Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and compliance policies.<\/p>\n

According to the complaint, the Rekor Defendants made false and\/or misleading statements and\/or failed to disclose that (i) Rekor\u2019s ALPR technology and UVED-related business is outclassed by global competitors with an established, dominant market share; (ii) it was unlikely that states would pass legislation authorizing deals similar to Rekor\u2019s Oklahoma UVED partnership because of, inter alia, state and local privacy laws and related public concerns; (iii) Rekor\u2019s UVED partnership was not as profitable as the Rekor Defendants had led investors to believe because of known impediments to enrollment rates and costs associated with the partnership; (iv) accordingly, Rekor had overstated its potential revenues, profitability, and overall ALPR- and UVED-related business prospects; and (v) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

\n INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, <\/strong>
\n REKOR <\/strong>
\n SECURITIES<\/strong>
\n DURING THE CLASS PERIOD <\/strong>
\n AND SUFFERED LOSSES <\/strong>
\n GREATER THAN $<\/strong>
\n 50<\/strong>
\n ,000 <\/strong>
\n ARE ENCOURAGED TO <\/strong>
\n COMPLETE KEHOE LAW FIRM\u2019S <\/strong>
\n
\n SECURITIES CLASS ACTION QUESTIONNAIRE<\/strong>
\n <\/a>
\n OR CONTACT <\/strong>
\n MICHAEL YARNOFF, ESQ., <\/strong>
\n
\n MYARNOFF@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n
\n INFO@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n TO DISCUSS THE\u00a0<\/strong>
\n
\n SECURITIES <\/strong>
\n CLASS ACTION <\/strong>
\n <\/a>
\n
\n INVESTIGATION OR POTENTIAL LEGAL CLAIMS<\/a>. <\/strong>\n <\/p>\n

\n Kehoe Law Firm, P.C.<\/a>, with offices in New York and Philadelphia, is a multidisciplinary, plaintiff\u2013side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.\u00a0 Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.\u00a0\u00a0\u00a0<\/p>\n

This press release may constitute attorney advertising.<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, June 30, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Rekor Systems, Inc., f\/k\/a Novume Solutions, Inc. (\u201cRekor\u201d or the \u201cCompany\u201d) (NASDAQ: REKR) to determine whether Rekor engaged in securities fraud or other unlawful business practices. A c lass action lawsuit ha s been filed in United States District Court for the District o f Maryland on behalf of investors who purchased, or otherwise acquired, the securities of Rekor between April 12, 2 019 and May 25, 2021, both dates inclusive ( the \u201cClass Period\u201d). According to the lawsuit, throughout the Class Period, the Rekor Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and compliance … <\/p>\n

Continue reading “REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation – Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C.”<\/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-508465","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nREKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation - Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C. - 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\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation - Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, June 30, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Rekor Systems, Inc., f\/k\/a Novume Solutions, Inc. (\u201cRekor\u201d or the \u201cCompany\u201d) (NASDAQ: REKR) to determine whether Rekor engaged in securities fraud or other unlawful business practices. A c lass action lawsuit ha s been filed in United States District Court for the District o f Maryland on behalf of investors who purchased, or otherwise acquired, the securities of Rekor between April 12, 2 019 and May 25, 2021, both dates inclusive ( the \u201cClass Period\u201d). According to the lawsuit, throughout the Class Period, the Rekor Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and compliance … Continue reading "REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation – Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-30T20:13:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3MzUxMCM0Mjc3ODIxIzIxMjEyMjQ=\" \/>\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\\\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation – Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C.\",\"datePublished\":\"2021-06-30T20:13:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\\\/\"},\"wordCount\":396,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI3MzUxMCM0Mjc3ODIxIzIxMjEyMjQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\\\/\",\"name\":\"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation - 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(\u201cRekor\u201d or the \u201cCompany\u201d) (NASDAQ: REKR) to determine whether Rekor engaged in securities fraud or other unlawful business practices. A c lass action lawsuit ha s been filed in United States District Court for the District o f Maryland on behalf of investors who purchased, or otherwise acquired, the securities of Rekor between April 12, 2 019 and May 25, 2021, both dates inclusive ( the \u201cClass Period\u201d). According to the lawsuit, throughout the Class Period, the Rekor Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and compliance … Continue reading \"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation – Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-30T20:13:35+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3MzUxMCM0Mjc3ODIxIzIxMjEyMjQ=","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\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation – Rekor Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C.","datePublished":"2021-06-30T20:13:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/"},"wordCount":396,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3MzUxMCM0Mjc3ODIxIzIxMjEyMjQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rekor-systems-investor-alert-securities-class-action-investigation-rekor-investors-with-losses-greater-than-50000-encouraged-to-contact-kehoe-law-firm-p-c\/","name":"REKOR SYSTEMS INVESTOR ALERT: Securities Class Action Investigation - 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