San Diego, CA -- (SBWIRE) -- 05/20/2021 -- Certain directors of EHang Holdings Limited are under investigation over potential breaches of fiduciary duties.

Investors who are current long term investors in EHang Holdings Limited (NASDAQ: EH) 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 NASDAQ: EH stocks follows a lawsuit filed against EHang Holdings Limited over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: EH stocks, concerns whether certain EHang Holdings Limited directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that Ehang Holdings Limited made materially false and/or misleading statements and/or failed to disclose that the Company's purported regulatory approvals in Europe and North American for its EH216 were for use as a drone, and not for carrying passengers, that its relationship with its purported primary customer is a sham, that EHang Holdings Limited has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019, that the Company's manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of EHang Holdings Limited (NASDAQ: EH) 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.