SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Workhorse Group Inc. (WKHS)
August 15, 2025 2:00 PM EDT | Source: Brodsky & Smith
Bala Cynwyd, Pennsylvania--(Newsfile Corp. - August 15, 2025) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Workhorse Group Inc. ("Workhorse" or the "Company") (NASDAQ - WKHS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the merger of the Company with Motiv Electric Trucks ("Motiv"). Upon completion of the transaction, Motiv's controlling investor initially will own approximately 62.5% of the combined company and Workhorse shareholders will own approximately 26.5%.
The investigation concerns whether the Workhorse Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders.
If you own shares of Workhorse stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, visit https://www.brodskysmith.com/cases/workhorse-group-inc-nasdaq-wkhs/, or call toll free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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