SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Velodyne Lidar, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 3, 2021 - VLDR

New York, New York--(Newsfile Corp. - April 12, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Velodyne Lidar, Inc. (NASDAQ: VLDR).

Shareholders who purchased shares of VLDR during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/velodyne-lidar-inc-loss-submission-form/?id=14593&from=5

CLASS PERIOD : July 2, 2020 to March 17, 2021

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) certain of Velodyne's directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company's officers and directors; (2) the Company was investigating the foregoing matters; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80187