Electric Last Mile Solutions, Inc. (OTC: EMLSQ, Formerly NASDAQ: ELMS) Investor Alert: Lawsuit Alleges False and Misleading Statements
An investor, who purchased shares of Electric Last Mile Solutions, Inc. (OTC: EMLSQ, formerly NASDAQ: ELMS), filed a lawsuit in the U.S. District Court for the District of Delaware over alleged violations of Federal Securities Laws by Electric Last Mile Solutions, Inc. in connection with certain allegedly false and misleading statements made in connection with the public equity ("PIPE") offering conducted by Electric Last Mile on or about December 10, 2020.
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