NEW
YORK, March 1, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Enovix
Corporation.
Shareholders who purchased shares of ENVX 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/enovix-class-action-submission-form/?id=36907&from=4
CLASS PERIOD: This lawsuit is on behalf of all investors
who purchased or otherwise acquired Enovix common stock (or Rodgers
Silicon Valley Acquisition Corp. common stock prior to July 15, 2021) between February 22, 2021 and January 3, 2023, inclusive.
ALLEGATIONS: According to the lawsuit, the Company made
false and misleading statements to the market. Specifically, Enovix
overstated its ability to produce batteries at commercial scale.
Despite touting its "meaningful progress" in developing its
manufacturing capabilities, Enovix continued to face serious
production problems. Based on these facts, the Company's public
statements were false and materially misleading throughout the
class period.
DEADLINE: March 7, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/enovix-class-action-submission-form/?id=36907&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of ENVX 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 March 7, 2023. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is 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