San Diego, CA -- (SBWire) -- 01/26/2022 --An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Hyzon Motors Inc..
Investors who are current long term investors in Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) 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 current long term investors in Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) stocks follows a lawsuit filed against Hyzon Motors Inc. (DCRBU over alleged securities laws violations. The investigation on behalf of current long term investors in Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) stocks, concerns whether certain Hyzon Motors Inc. officers and directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Western District of New York the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 9, 2021 and September 27, 2021, the defendants made false and/or misleading statements and/or failed to disclose that Hyzon was misrepresenting the nature of its "customer" contracts and severely embellished its "deals" and "partnerships" with customers, that Hyzon could not deliver its announced vehicles in 2021, on its stated timeline, and thatas a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) 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 Shareholders Foundation, Inc.
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.
Hyzon Motors Inc. (NASDAQ:HYZN, HYZNW, DCRB, DCRBW, DCRBU) Long Term Investor Notice: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Hyzon Motors Inc. (NASDAQ:HYZN, HYZNW, DCRB, DCRBW, DCRBU) shares over possible breaches of fiduciary duty by certain officers and directors was announced.