{"id":509204,"date":"2021-07-01T17:52:58","date_gmt":"2021-07-01T21:52:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/"},"modified":"2021-07-01T17:52:58","modified_gmt":"2021-07-01T21:52:58","slug":"portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/","title":{"rendered":"Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. Investors"},"content":{"rendered":"<div class=\"mw_release\">\n<p>\n        <em>Click <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u2l3boC_cdoGsenJ0OpVyMt2Ovnzeb_Z4sxP0yjEBhkXGK_iMm5FpYV3Q28P7dtajI17h0oCJSHBn3uWic-FPw==\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <em><br \/>\n            <u>here<\/u><br \/>\n          <\/em><br \/>\n        <\/a><br \/>\n        <em> to join the case<\/em>\n      <\/p>\n<p>LOS ANGELES, July  01, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O3FKrdGZ0YyEOnnQbpmeHYQftB4FD4aPW7f3_Km8jVVPj5jTC950Aw67gic6uOGMcmiGL23m3q9qm4Tmq44eodTe0159bTem_NPzKpGuP1E=\" rel=\"nofollow noopener\" target=\"_blank\"><u>The Portnoy Law Firm<\/u><\/a> advises investors that a class action lawsuit has been filed on behalf of Rekor Systems, Inc. (&#8220;Rekor&#8221; or &#8220;the Company&#8221;) (NASDAQ : REKR, NVMM) investors that acquired securities between April 12, 2019 and May 25, 2021. \u00a0<\/p>\n<p>Investors are encouraged to contact attorney <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6cKZVPuri-m_j-9_bIXqlgW2BgvJiIZbMY4RgPgZI5nj5tQspT_90kCprpH38lbmD4MPHNXu3vGP7bCx-FbGtt3bmYlvKajTX7KyCncnVv0=\" rel=\"nofollow noopener\" target=\"_blank\"><u>Lesley F. Portnoy<\/u><\/a><u>,<\/u> to determine eligibility to participate in this action, by phone 310-692-8883 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=irsSpshfbGOPEocHoUV3lTzH2AupVqc-EvTlijRBmRx-su2YQ4eY_A6tJUYL193wmRmoQFBMY5hP29Zzq2KJB6YFuQ2qyBXKVa2tYzD1hbc=\" rel=\"nofollow noopener\" target=\"_blank\"><u>email<\/u><\/a>, or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nAuuuVAJDSnT4mUN_zLDfRDKjP7wsw8UoI1p-5VBgHPNCWTkL7wlaAFuEizL4X7DD7ZSdjEARqYrnSRI08g42w==\" rel=\"nofollow noopener\" target=\"_blank\"><u>click here<\/u><\/a> to join the case.<\/p>\n<p>It is alleged in this complaint that Rekor made misleading and false statements to the market. Rekor\u2019s business in automatic license plate recognition (\u201cALPR\u201d) technology, as well as uninsured vehicle enforcement diversion (\u201cUVED\u201d) was not competitive with Rekor\u2019s competitors that already possessed a dominant market share. Due to privacy concerns, it was not likely that other states would approve legislation permitting deals with Rekor in a similar manner to its partnership in Oklahoma. Rekor\u2019s UVED partnership had not attained the level of profitability that it had expressed to the market. Rekor\u2019s public statements were false and materially misleading throughout the class period, based on these facts. Investors suffered damages when the market learned the truth about Rekor.<\/p>\n<p>Please visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HXWOpRHhDLhNzs-bRpFz-wK_cZseDU5fdzRgkKfxo1hjG0GXxTbR6nqMaSxqOyH_vEhjSvfYFxrCs_pWNSF6Fw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>website<\/u><\/a> to review more information and submit your transaction information.<\/p>\n<p>The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm\u2019s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Lesley F. Portnoy, Esq.<br \/>Admitted CA and NY Bar<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DEnHfpwKiYCe5fvshZ2O7tM-XOfb8rxqklNyihEEGAYxjV7UqE1yj_CykpSzzf-BRAPpOrmBLSHOc9-dkwT_NbzwG_l9ytHUEYjvudIDqno=\" rel=\"nofollow noopener\" target=\"_blank\"><u>lesley@portnoylaw.com<\/u><\/a><br \/>310-692-8883<br \/>www.portnoylaw.com<\/p>\n<p>Attorney Advertising<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3NDI0NCM0Mjc5ODI0IzIxOTU1Mjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/a3f97d40-b0c5-4e5e-b6d1-c4081beb6a7a\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Click here to join the case LOS ANGELES, July 01, 2021 (GLOBE NEWSWIRE) &#8212; The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Rekor Systems, Inc. (&#8220;Rekor&#8221; or &#8220;the Company&#8221;) (NASDAQ : REKR, NVMM) investors that acquired securities between April 12, 2019 and May 25, 2021. \u00a0 Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. It is alleged in this complaint that Rekor made misleading and false statements to the market. Rekor\u2019s business in automatic license plate recognition (\u201cALPR\u201d) technology, as well as uninsured vehicle enforcement diversion (\u201cUVED\u201d) was not competitive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. Investors&#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-509204","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. Investors - 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\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Click here to join the case LOS ANGELES, July 01, 2021 (GLOBE NEWSWIRE) &#8212; The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Rekor Systems, Inc. (&#8220;Rekor&#8221; or &#8220;the Company&#8221;) (NASDAQ : REKR, NVMM) investors that acquired securities between April 12, 2019 and May 25, 2021. \u00a0 Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. It is alleged in this complaint that Rekor made misleading and false statements to the market. Rekor\u2019s business in automatic license plate recognition (\u201cALPR\u201d) technology, as well as uninsured vehicle enforcement diversion (\u201cUVED\u201d) was not competitive &hellip; Continue reading &quot;Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. Investors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-01T21:52:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3NDI0NCM0Mjc5ODI0IzIxOTU1Mjc=\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. 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Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. It is alleged in this complaint that Rekor made misleading and false statements to the market. Rekor\u2019s business in automatic license plate recognition (\u201cALPR\u201d) technology, as well as uninsured vehicle enforcement diversion (\u201cUVED\u201d) was not competitive &hellip; Continue reading \"Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. Investors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-01T21:52:58+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3NDI0NCM0Mjc5ODI0IzIxOTU1Mjc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/portnoy-law-lawsuit-filed-on-behalf-of-rekor-systems-inc-investors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Portnoy Law: Lawsuit Filed On Behalf of Rekor Systems, Inc. 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