WORKHORSE INVESTIGATION: Block & Leviton Investigates Workhorse Group, Inc. For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Boston, Massachusetts--(Newsfile Corp. - September 2, 2021) - Block & Leviton is investigating Workhorse Group, Inc. (NASDAQ: WKHS) for potential securities law violations. Investors who have lost money in their Workhorse Group investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/wkhs.

What is this all about?

On Wednesday, Fuzzy Panda Research issued a short report on Workhorse Group, Inc. alleging fake work orders, along with potential revenue recognition, vehicle operation, and upcoming debt issues for the electric vehicle company. Workhorse Group stock dropped 10% in response to the report.

Later that day, the Wall Street Journal published a story indicating that the U.S. Securities and Exchange Commission disclosed that its enforcement division has been probing Workhorse in a letter denying a public-records request. On this news, Workhorse's stock price dropped over 6%, in pre-hours trading on September 2, 2021.

Who is eligible?

Anyone who purchased Workhorse Group, Inc. shares and has lost money as a result of this news may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600 | (888) 868-2385
Email: cases@blockleviton.com
SOURCE: Block & Leviton LLP
www.blockleviton.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95313.