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HYZN Lawsuit Filed: Jakubowitz Law Pursues Claims on Behalf of Hyzon Motors Inc. F/k/a Decarbonization plus Acquisition Corporation Shareholders
October 19, 2021 5:31 AM EDT | Source: Jakubowitz Law
New York, New York--(Newsfile Corp. - October 19, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation (NASDAQ: HYZN).
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Affected shareholders purchased shares of HYZN between February 9, 2021 and September 27, 2021
Shareholders interested in representing the class of wronged shareholders have until November 29, 2021 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation issued materially false and/or misleading statements and/or failed to disclose that: (1) Hyzon was misrepresenting the nature of its "customer" contracts and severely embellished its "deals" and "partnerships" with customers; (2) Hyzon could not deliver its announced vehicles in 2021, on its stated timeline; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100158