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VLDR Lawsuit Filed: Jakubowitz Law Pursues Claims on Behalf of Velodyne Lidar, Inc. Shareholders
April 12, 2021 7:29 PM EDT | Source: Jakubowitz Law
New York, New York--(Newsfile Corp. - April 12, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Velodyne Lidar, Inc. (NASDAQ: VLDR).
CLICK HERE FOR MORE DETAILS:
https://claimyourloss.com/securities/velodyne-lidar-inc-loss-submission-form/?id=14605&from=5
Affected shareholders purchased shares of VLDR between July 2, 2020 and March 17, 2021
Shareholders interested in representing the class of wronged shareholders have until May 3, 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, Velodyne Lidar, Inc. 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.
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/80223