NEW
YORK, Jan. 26, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of EHang Holdings Limited.
Shareholders who purchased shares of EH 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/ehang-loss-submission-form/?id=64779&from=4
CLASS PERIOD: January 20,
2022 to November 6, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) EHang had
continued to state that it was partnering with United Therapeutics,
DHL and Vodafone, among others, even though a former EHang employee
has noted that United Therapeutics, DHL, and Vodafone had all
abandoned their respective deals with EHang; (2) EHang omitted that
other entities that had placed pre-orders for its aircraft, such as
Prestige Aviation and Shenzhen Boling Holding Group, did not engage
in regular business in the aviation sector and are otherwise almost
certainly not in a financial position to be able to afford their
orders; and (3) as a result, defendants' statements about its
business, operations, and prospects, were materially false and
misleading and/or lacked a reasonable basis at all relevant
times.
DEADLINE: February 2, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/ehang-loss-submission-form/?id=64779&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of EH during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is February 2, 2024. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. 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: (646) 453-8903
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SOURCE The Gross Law Firm