San Diego, CA -- (SBWire) -- 02/21/2023 --An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Enviva Inc.
Investors who are current long term investors in Enviva Inc. (NYSE: EVA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE: EVA stocks follows a lawsuit filed against Enviva Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: EVA stocks, concerns whether certain Enviva directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that Enviva had misrepresented the environmental sustainability of its wood pellet production and procurement, thatEnviva had similarly overstated the true measure of cash flow generated by the Company's platform, that accordingly, Enviva had misrepresented its business model and the Company's ability to achieve the level of growth that Defendants had represented to investors, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Enviva Inc. (NYSE: EVA) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Enviva Inc. (NYSE:EVA) Long Term Investor Alert: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Enviva Inc. (NYSE:EVA) shares over possible breaches of fiduciary duty by certain officers and directors was announced.