{"id":796255,"date":"2024-12-19T12:10:59","date_gmt":"2024-12-19T17:10:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/evolv-technologies-holdings-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-december-31-2024-to-discuss-your-rights-evlv\/"},"modified":"2024-12-19T12:10:59","modified_gmt":"2024-12-19T17:10:59","slug":"evolv-technologies-holdings-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-december-31-2024-to-discuss-your-rights-evlv","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/evolv-technologies-holdings-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-december-31-2024-to-discuss-your-rights-evlv\/","title":{"rendered":"Evolv Technologies Holdings, Inc. Sued for Securities Law Violations – Contact Levi & Korsinsky Before December 31, 2024 to Discuss Your Rights \u2013 EVLV"},"content":{"rendered":"
\n

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Evolv Technologies Holdings, Inc.<\/strong> (“Evolv Technologies Holdings, Inc.” or the “Company”) (NASDAQ: EVLV) of a class action securities lawsuit.<\/p>\n

\n CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of Evolv Technologies Holdings, Inc. investors who were adversely affected by alleged securities fraud between August 19, 2022 and October 30, 2024. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n

\n https:\/\/zlk.com\/pslra-1\/evolv-technologies-holdings-inc-lawsuit-submission-form-2?prid=117298&wire=3<\/a>\n <\/p>\n

\n EVLV<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com<\/a>\u00a0or by telephone at (212) 363-7500.<\/p>\n

\n CASE DETAILS: <\/strong>According to the filed complaint, defendants made false and\/or misleading statements and\/or failed to disclose that: Company\u2019s financial statements prepared for the periods between Q2 2022 through Q2 2024 contained material misstatements relating to improper revenue recognition and other reported metrics that are a function of revenue. In truth, Evolv\u2019s 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, distorting the Company\u2019s reported revenue and other metrics that are a function of revenue during the Class Period. What\u2019s more, far from the Company\u2019s touted \u201cgrowing momentum\u201d and \u201ccontinued traction\u201d with channel partners, the Company\u2019s personnel was engaged in misconduct concerning sales to one of the Company\u2019s largest channel partners.<\/p>\n

\n WHAT’S NEXT? <\/strong>If you suffered a loss in Evolv Technologies Holdings, Inc. during the relevant time frame, you have until December 31, 2024<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

\n NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.<\/strong><\/p>\n

\n WHY LEVI & KORSINSKY: <\/strong>Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n

\n CONTACT:<\/strong>
\n
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com<\/a>\u00a0
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com<\/a>\u00a0<\/p>\n

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

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

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Evolv Technologies Holdings, Inc. (“Evolv Technologies Holdings, Inc.” or the “Company”) (NASDAQ: EVLV) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Evolv Technologies Holdings, Inc. investors who were adversely affected by alleged securities fraud between August 19, 2022 and October 30, 2024. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/evolv-technologies-holdings-inc-lawsuit-submission-form-2?prid=117298&wire=3 EVLV investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the filed complaint, defendants made false and\/or misleading statements and\/or failed to disclose that: Company\u2019s … <\/p>\n

Continue reading “Evolv Technologies Holdings, Inc. Sued for Securities Law Violations – Contact Levi & Korsinsky Before December 31, 2024 to Discuss Your Rights \u2013 EVLV”<\/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-796255","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEvolv Technologies Holdings, Inc. 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(“Evolv Technologies Holdings, Inc.” or the “Company”) (NASDAQ: EVLV) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Evolv Technologies Holdings, Inc. investors who were adversely affected by alleged securities fraud between August 19, 2022 and October 30, 2024. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/evolv-technologies-holdings-inc-lawsuit-submission-form-2?prid=117298&wire=3 EVLV investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the filed complaint, defendants made false and\/or misleading statements and\/or failed to disclose that: Company\u2019s … Continue reading "Evolv Technologies Holdings, Inc. 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