GOEV LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of Canoo Inc. Shareholders

New York, New York--(Newsfile Corp. - May 5, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Canoo Inc. (NASDAQ: GOEV).



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Affected shareholders purchased shares of GOEV between August 18, 2020 and March 29, 2021

Shareholders interested in representing the class of wronged shareholders have until June 1, 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, Canoo Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company's engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; and (iii) as a result, the Company's public statements were materially false and 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.

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