{"id":513066,"date":"2021-07-14T13:02:08","date_gmt":"2021-07-14T17:02:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/"},"modified":"2021-07-14T13:02:08","modified_gmt":"2021-07-14T17:02:08","slug":"stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/","title":{"rendered":"Stable Road Acquisition Corp. Investors: Company Investigated by the Portnoy Law Firm"},"content":{"rendered":"<h2>\nInvestors can contact the law firm at no cost to learn more about recovering their losses<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>LOS ANGELES, July  14, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=h1SGRX0fW_ypXc0Ab2peSL-tsaYjtTSw8qRL3KW-_Y1rG9zO0b9oGnfCe6SnQviAYaRmGCO3nWdZoDU_tl8akjDNvYm59fNeGWAi7o47y0g=\" rel=\"nofollow noopener\" target=\"_blank\"><u>The Portnoy Law Firm<\/u><\/a> advises Stable Road Acquisition Corp. (&#8220;Stable Road&#8221; or the &#8220;Company&#8221;) (NASDAQ: SRAC) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.<\/p>\n<p>Investors are encouraged to contact attorney <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aAPXczYIn5ZMoclEAdsSog8_d2bN3HPCvP1AV5g2zI9gjmRQUK3pkAOXdw02-Sm1cK98fuGHB4fJgQxW8-9iQN9rR2jI-s_7H4C3SBAa0qg=\" rel=\"nofollow noopener\" target=\"_blank\"><u>Lesley F. Portnoy<\/u><\/a>,\u00a0by phone 310-692-8883 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VretrY8UN2dtrhr-3Ax01k0WNr_Ihf4U1np4GnsccUpY95frzdNAYqtn8YAOA1sDdaE5jJ28ROUVw7s9UFt9EgTgIUWdNJwBp4GXsNykHuk=\" rel=\"nofollow noopener\" target=\"_blank\"><u>email<\/u><\/a>: lesley@portnoylaw.com, to discuss their legal rights, or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Hvum5bIN4tyDrZ1NG3euok45vtZiGmuFhSazdLBdwWirNommW4O_MdAI3BRHFvm7VD2X6POnaW104rXXuZ-yBEse3t4ha7Y3XnWfpSMOD68=\" rel=\"nofollow noopener\" target=\"_blank\"><u>click here<\/u><\/a> to join the case via <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dR2u2ixAoROOHMVpCMEXZesoX_P9m_t7b64Vg-piqZveP17G1twnwH_iYfzz1uHWWV7HIpRedJ6MN8ztFpS2W7Kl36afkdtMXLpwKvxF1Kc=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.portnoylaw.com<\/u><\/a>. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses.<\/p>\n<p>The U.S. Securities and Exchange Commission (SEC) made known on July 13, 2021 that it has sued Stable Road, a special-purpose acquisition company. It is alleged in particular that Momentus, a Company Stable Road was attempting to acquire, lied about its technology, including a false claim that its propulsion system had been &#8220;successfully tested&#8221; in space. Momentus&#8217; misleading statements were repeated by Stable Road in public filings, while according to the SEC, failed to conduct adequate due diligence of Momentus. In October, Momentus agreed to go public by way of a merger with Stable Road for an enterprise value of about $1.2 billion, a price that was later revised lower to $700 million. Stable Road fell more than 10% in after-market trading on July 13, 2021, following this news.<\/p>\n<p>Please visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kUPOE7uzCxJIPAN-2jp0NDTTmipykRowtbiyPy3Qtj2ci2ZX5KCW-_n4p7in7ddI4soS6GwnkzLo5RaFV2FHUQ==\" 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=DUShpngqt44Xnb1c-rPUt8orbkTgVX8liai0dh3N8kzHmbEyUOIoYAACSl9t9MNhEqqkd0coYyI_YUtXYooiCdRcjFqyVWNOPhsuW30GCf0=\" rel=\"nofollow noopener\" target=\"_blank\"><u>lesley@portnoylaw.com<\/u><\/a><br \/>310-692-8883<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dR2u2ixAoROOHMVpCMEXZfNr4Eo3NJEA3w30OECkkXZ6ofWeoLq43kZUuv_pjkpFt7DqHuYQmE-5-3o5nPPDtjEtVc9d3ERcqDjAsdwCR2Y=\" rel=\"nofollow noopener\" target=\"_blank\">www.portnoylaw.com<\/a>\u00a0<\/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=ODI4MDU3OCM0Mjk3NjcxIzIxOTU1Mjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/15842039-530a-4e0b-8293-a31063d6938f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) &#8212; The Portnoy Law Firm advises Stable Road Acquisition Corp. (&#8220;Stable Road&#8221; or the &#8220;Company&#8221;) (NASDAQ: SRAC) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. The U.S. Securities and Exchange Commission (SEC) made known &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stable Road Acquisition Corp. Investors: Company Investigated by the Portnoy Law Firm&#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-513066","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stable Road Acquisition Corp. Investors: Company Investigated by the Portnoy Law 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\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stable Road Acquisition Corp. Investors: Company Investigated by the Portnoy Law Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) &#8212; The Portnoy Law Firm advises Stable Road Acquisition Corp. (&#8220;Stable Road&#8221; or the &#8220;Company&#8221;) (NASDAQ: SRAC) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. The U.S. Securities and Exchange Commission (SEC) made known &hellip; Continue reading &quot;Stable Road Acquisition Corp. 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Investors: Company Investigated by the Portnoy Law Firm - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/","og_locale":"en_US","og_type":"article","og_title":"Stable Road Acquisition Corp. Investors: Company Investigated by the Portnoy Law Firm - Market Newsdesk","og_description":"Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) &#8212; The Portnoy Law Firm advises Stable Road Acquisition Corp. (&#8220;Stable Road&#8221; or the &#8220;Company&#8221;) (NASDAQ: SRAC) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. The U.S. Securities and Exchange Commission (SEC) made known &hellip; Continue reading \"Stable Road Acquisition Corp. Investors: Company Investigated by the Portnoy Law Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-14T17:02:08+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4MDU3OCM0Mjk3NjcxIzIxOTU1Mjc=","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\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stable-road-acquisition-corp-investors-company-investigated-by-the-portnoy-law-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Stable Road Acquisition Corp. 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