SHAREHOLDER ALERT: Investigation of AgEagle Aerial Systems, Inc. Announced by Holzer & Holzer, LLC

Atlanta, Georgia--(Newsfile Corp. - February 18, 2021) - Holzer & Holzer, LLC is investigating whether AgEagle Aerial Systems, Inc. ("AgEagle or the "Company") (NYSE: UAVS) complied with federal securities laws. On February 18, 2021, Bonitas Research published a report stating that "in April 2020 rumor of a partnership between Amazon.com, Inc. & AgEagle was started by a promotional video uploaded to AgEagle's founder and former chairman Bret Chilcott's daughter's personal website and youtube account." The report also provided that "in 4Q'20 an Amazon spokesperson disclosed to a reporter that Amazon specifically does not have any dealings with AgEagle whatsoever." The price of AgEagle's stock fell following the report.

If you purchased shares of AgEagle and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Luke R. Kennedy, Esq. at lkennedy@holzerlaw.com, or by toll-free telephone at (888) 508-6832 to discuss your legal rights or at www.holzerlaw.com.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/74880