Wolf Popper LLP Announces Investigation on Behalf of Investors in Enviva Inc.

New York, New York--(Newsfile Corp. - October 12, 2022) - Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of Enviva Inc. ("Enviva" or the "Company") common stock (NYSE: EVA).

Enviva is the world's largest producer of industrial wood pellets and owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year. Enviva's website represents that Enviva fights climate change, and promotes sustainability and protecting the environment. For example, Enviva says "We only source from landowners who commit to return their land to forest after harvest, and we provide a key market for their low-value wood." And "It is critical that our wood is sourced responsibly. Enviva's Track & Trace^® program shares our publicly available sourcing data."

Before the market opened on October 12, 2022, Blue Orca Capital issued a short seller report on Enviva. Blue Orca called Enviva "the latest ESG farce" and alleges the Company sources wood from clear-cutting forests, drives demand for deforestation, inflates its profit margins and may have overpaid for related party acquisitions of pellet facilities. On that news, Enviva's intraday stock price is down $8.81 to $50.09, or a drop of 8.8% on heavy volume.

Investors who have lost over $25,000 trading in Enviva's common stock and who would like to discuss the investigation should contact Adam Savett at (610) 621-4550, or asavett@wolfpopper.com.

Wolf Popper has successfully recovered billions of dollars for defrauded investors. Wolf Popper's reputation and expertise have been repeatedly recognized by the courts, which have appointed the firm to major positions in securities litigation. For more information about Wolf Popper, please visit the Firm's website at www.wolfpopper.com.

Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.

Wolf Popper LLP
Adam Savett
845 Third Avenue
New York, NY 10022
Tel.: (610) 621-4550
Email: asavett@wolfpopper.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/140290