{"id":791326,"date":"2024-11-30T07:11:04","date_gmt":"2024-11-30T12:11:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/"},"modified":"2024-11-30T07:11:04","modified_gmt":"2024-11-30T12:11:04","slug":"evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/","title":{"rendered":"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Nov.  30, 2024  (GLOBE NEWSWIRE) &#8212; Leading securities law firm <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EnmA16NNeYRq9nNC3joUIp8RpVVVX4cgO5lDi5hWDPpdtrPfO-nrexxEgnJD2-wAIRF3ZxkIo5IK0S-lg4cmWg_eE8MOw3pJC1AeAPSNsWV7KIA_-O3WSZuzdLoo_k_rfSAIBaGZt6LRThc_6_JtOGrKi3Deo_v0yLOho2U9IWwEMbYJM6IkZMGxNWo4415p\" rel=\"nofollow\" target=\"_blank\"><strong>Bleichmar Fonti &amp; Auld LLP<\/strong><\/a> announces that it has filed a lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) and certain of the Company\u2019s current and former senior executives.<\/p>\n<p>If you invested in Evolv, you are encouraged to obtain additional information by visiting <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jQJzr9br3pygZBSQjGkU8lZLWTdgyK4Oak98_XTgna5YhLFElIQ0CZEc2vLqHE9oeDipmgHcQTydIfeCrJFP_tFhPMxZDFhjloIyZTNvGFGVqVZYRHSrb_DMHd6inEC0y2gY8gFdHSsdSN4PVY_eGwlOiu7-oao0JSYinyEW2ieEKedCFoZMdtTZ2IEhIP4rqQMubHAormAIJz7OiooPMHlPHa5Z41CxrD1zBYBM5BE=\" rel=\"nofollow\" target=\"_blank\"><strong>https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc<\/strong><\/a>.<\/p>\n<p>Investors have until December 31, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Evolv\u2019s securities. The case is pending in the U.S. District Court for the District of Massachusetts and is captioned\u00a0<em>Buchan v. Evolv Technologies Holdings, Inc.<\/em>, No. 1:24-cv-12768. A copy of the lawsuit can be found here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jQJzr9br3pygZBSQjGkU8lZLWTdgyK4Oak98_XTgna6QMY88o3yP4BHDXPd9Y-sBxY1oRHWbzIEgQ4tFE1skXZLAO2hZff7K69EAYxpH6WtRZ5z7vKa0MRJORPc1UREzkuVT-6zKXAniK_ahGS4AtJu9xEEastkohmR1xfdnwsxRw49YU1QSqhjLeeNB-kSmnLQktRtBXut_wRiCwnGf0g==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.bfalaw.com\/siteFiles\/Cases\/EvolvFiledComplaint.pdf<\/a><\/p>\n<p>\n        <strong>What is the Lawsuit About?<\/strong>\n      <\/p>\n<p>Evolv is a security technology company that utilizes AI-based screening designed to help create safer experiences. The complaint alleges that Evolv\u2019s financial statements prepared for the periods between the second quarter of 2022 and the second quarter of 2024 contained material misstatements relating to Evolv\u2019s revenue recognition and other reported metrics that are a function of revenue.<\/p>\n<p>On October 25, 2024, Evolv announced that the Company\u2019s financial statements issued between the second quarter of 2022 and the second quarter of 2024 should not be relied upon due to material misstatements impacting revenue recognition and other previously reported metrics that are a function of revenue. The Company revealed that certain sales, including sales to one of its largest channel partners, were subject to extra-contractual terms and conditions not shared with the Company\u2019s accounting personnel and that certain Company personnel engaged in misconduct in connection with those transactions. The Company also announced that it has self-reported these issues to the Division of Enforcement of the Securities and Exchange Commission and was delaying filing its upcoming quarterly report for the third quarter of 2024. On this news, the price of Evolv stock declined roughly 40%, from $4.10 per share on October 24, 2024, to $2.47 per share on October 25, 2024.<\/p>\n<p>Then, on October 31, 2024, Evolv announced the termination of the Company\u2019s CEO, Peter George, effective immediately. The Company announced that Michael Ellenbogen, Evolv\u2019s Chief Innovation Officer will serve in an interim role until a successor is appointed. On this news, the price of Evolv stock declined roughly 8%, from $2.34 per share on October 30, 2024, to $2.15 per share on October 31, 2024.<\/p>\n<p>\n        <strong>Click here for more information:<\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jQJzr9br3pygZBSQjGkU8lZLWTdgyK4Oak98_XTgna5YhLFElIQ0CZEc2vLqHE9oeDipmgHcQTydIfeCrJFP_tFhPMxZDFhjloIyZTNvGFGjr-hk54fQNgVwDotnzeQrGF_YWsqjOCglQDzdzI8nesG4DYTwFZ23dty0LCgPlrHZwuUfy31X5MH7U7UKdFR_hQ0hCzZx7w4YddkXR_Mox8iIh_wwBTo4faNSwR6v3bU=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc<\/strong><br \/>\n        <\/a><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p>\n        <strong>What Can You Do?<\/strong>\n      <\/p>\n<p>If you invested in Evolv you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.<\/p>\n<p>\n        <strong>Submit your information by visiting:<\/strong>\n      <\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jQJzr9br3pygZBSQjGkU8lZLWTdgyK4Oak98_XTgna5YhLFElIQ0CZEc2vLqHE9oeDipmgHcQTydIfeCrJFP_tFhPMxZDFhjloIyZTNvGFFLc9EnD6lXAhQSQeZ_Na8m-Cc5M1F_xqEUSifVwpUOF8vdPjSvj4ByvZfhRwll-XHILZjmRTGs4UzRLTYI2h3xrhiZgG7fl1khUUEtjnqf-eb-YvAK9Nr5H8DyIWSDxmI=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>Or contact:<br \/>Ross Shikowitz<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DSYhcLniVa9_N4D647hJGaTUPh4UVc5BEfLr6WD5GGkhn2-zmEplq_g-qtJ-Mi9N_DwDNsmpjDiUzdYK29Ty4g==\" rel=\"nofollow\" target=\"_blank\">ross@bfalaw.com<\/a><br \/>212-789-3619<\/p>\n<p>\n        <strong>Why Bleichmar Fonti &amp; Auld LLP?<\/strong>\n      <\/p>\n<p>Bleichmar Fonti &amp; Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs\u2019 Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.\u2019s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd.<\/p>\n<p>For more information about BFA and its attorneys, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jQJzr9br3pygZBSQjGkU8lZLWTdgyK4Oak98_XTgna6xCtA8pV2QpxXh5uLpSq2TixbDoBI8ITqlXa7Rx1_LBfEUT5E7dYhdauloG0zh6wQ=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.bfalaw.com<\/a>.<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jQJzr9br3pygZBSQjGkU8lZLWTdgyK4Oak98_XTgna5YhLFElIQ0CZEc2vLqHE9oeDipmgHcQTydIfeCrJFP_tFhPMxZDFhjloIyZTNvGFEo3fJON4Xb-SCh9xdq7gxBXszWqiJOkJahodjj3l5x2sLYZbEg_e2YST4WOM79Rag4NH8SIhzUMEGXcL2v2cZDE9yqZ_RWce5bnBOWDYshEgCCX8vnikpHpw0eTft2Nng=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <em>Attorney advertising. Past results do not guarantee future outcomes.<\/em>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI3ODk5OCM2NTk3NDgzIzIyOTA5OTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODFjYTA2OGUtYTQ0MC00Zjk0LWIyMTctZTBhZTA5ODQ3NzFlLTEzMDI1NDU=\/tiny\/Bleichmar-Fonti-Auld.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 30, 2024 (GLOBE NEWSWIRE) &#8212; Leading securities law firm Bleichmar Fonti &amp; Auld LLP announces that it has filed a lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) and certain of the Company\u2019s current and former senior executives. If you invested in Evolv, you are encouraged to obtain additional information by visiting https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc. Investors have until December 31, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Evolv\u2019s securities. The case is pending in the U.S. District Court for the District of Massachusetts and is captioned\u00a0Buchan v. Evolv Technologies Holdings, Inc., No. 1:24-cv-12768. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV)&#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-791326","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>EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV) - 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\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 30, 2024 (GLOBE NEWSWIRE) &#8212; Leading securities law firm Bleichmar Fonti &amp; Auld LLP announces that it has filed a lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) and certain of the Company\u2019s current and former senior executives. If you invested in Evolv, you are encouraged to obtain additional information by visiting https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc. Investors have until December 31, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Evolv\u2019s securities. The case is pending in the U.S. District Court for the District of Massachusetts and is captioned\u00a0Buchan v. Evolv Technologies Holdings, Inc., No. 1:24-cv-12768. &hellip; Continue reading &quot;EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-30T12:11:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI3ODk5OCM2NTk3NDgzIzIyOTA5OTU=\" \/>\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=\"3 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\\\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV)\",\"datePublished\":\"2024-11-30T12:11:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\\\/\"},\"wordCount\":630,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTI3ODk5OCM2NTk3NDgzIzIyOTA5OTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\\\/\",\"name\":\"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV) - 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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\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/","og_locale":"en_US","og_type":"article","og_title":"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV) - Market Newsdesk","og_description":"NEW YORK, Nov. 30, 2024 (GLOBE NEWSWIRE) &#8212; Leading securities law firm Bleichmar Fonti &amp; Auld LLP announces that it has filed a lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) and certain of the Company\u2019s current and former senior executives. If you invested in Evolv, you are encouraged to obtain additional information by visiting https:\/\/www.bfalaw.com\/cases-investigations\/evolv-technologies-holdings-inc. Investors have until December 31, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Evolv\u2019s securities. The case is pending in the U.S. District Court for the District of Massachusetts and is captioned\u00a0Buchan v. Evolv Technologies Holdings, Inc., No. 1:24-cv-12768. &hellip; Continue reading \"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/","og_site_name":"Market Newsdesk","article_published_time":"2024-11-30T12:11:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI3ODk5OCM2NTk3NDgzIzIyOTA5OTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV)","datePublished":"2024-11-30T12:11:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/"},"wordCount":630,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI3ODk5OCM2NTk3NDgzIzIyOTA5OTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/evlv-legal-deadline-evolv-technologies-class-action-deadline-is-approaching-contact-bfa-law-if-you-suffered-losses-nasdaqevlv\/","name":"EVLV LEGAL DEADLINE: Evolv Technologies Class Action Deadline is Approaching \u2013 Contact BFA Law if You Suffered Losses (Nasdaq:EVLV) - 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