-

SHAREHOLDER ALERT: EHang Holdings Limited Investigated for Possible Securities Laws Violations by Labaton Sucharow; Investors Should Contact the Firm

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow LLP a national securities litigation firm, announces that it is investigating EHang Holdings Limited (NASDAQ: EH) for potential violations of the federal securities laws.

On February 16, 2021, Wolfpack Research issued a scathing report concerning Ehang entitled: "EHang: A Stock Promotion Destined to Crash and Burn." In this report, Wolfpack Research called EHang "an elaborate stock promotion, built on largely fabricated revenues based on sham sales contracts . . . ." The report continued that "EH has perpetuated its story with a collection of lies about its products, manufacturing, revenues, partnerships, and potential regulatory approval of its purported main business." Wolfpack Research asserted that it "gathered extensive evidence including behind-the-scenes photographs, recorded phone calls, and videos of on-site visits to EH's various facilities." The market was stunned on this news, with shares down trading intraday as low as approximately 27% from the opening price.

Labaton is investigating whether the company and certain of its executives and officers may be liable for securities fraud. If you recently owned stock and/or options in Ehang and want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at dschwartz@labaton.com

About the Firm

Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.

Contacts

David J. Schwartz
(800) 321-0476
dschwartz@labaton.com

Industry:

Labaton Sucharow LLP

NYSE:EH
Release Versions
English

Contacts

David J. Schwartz
(800) 321-0476
dschwartz@labaton.com

More News From Labaton Sucharow LLP

Labaton Keller Sucharow LLP and Saxena White P.A. File Securities Class Action Against Everest Group, Ltd. and Certain of Its Executives

NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) and Saxena White P.A. (“Saxena White”) have filed a securities class action lawsuit (the “Action”) on behalf of the City of Detroit General Retirement System (“Detroit General”) and the City of Plantation Police Officers’ Retirement System (“Plantation Police” and, together with Detroit General, “Plaintiffs”) against Everest Group, Ltd. (“Everest” or the “Company”) (NYSE: EG) and certain of its executives (collectively, “Defendan...

Labaton Keller Sucharow LLP Files Securities Class Action Against Bank of America Corporation and Certain of Its Executives

NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) has filed a securities class action lawsuit (the “Action”) on behalf of its client the New England Teamsters Pension Fund (“New England Teamsters”) against Bank of America Corporation (“Bank of America” or the “Company”) (NYSE: BAC) and certain of its executives (collectively, “Defendants”). The Action, which is captioned New England Teamsters Pension Fund v. Bank of America Corporation., No. 26-cv-09137 (S.D.N.Y.), asserts claim...

Labaton Keller Sucharow Launches Whistleblower Practice Led by Former SEC Acting Chair and Senior Enforcement Leader

WASHINGTON--(BUSINESS WIRE)--Labaton Keller Sucharow LLP, a global leader in complex litigation and investor and consumer protection, announces the launch of its Whistleblower Representation Practice, led by former SEC Acting Chair and Commissioner Allison Herren Lee and former SEC Senior Counsel Andrew Feller. “Establishing a dedicated whistleblower practice is a natural extension of our mission to protect investors, promote corporate accountability, and strengthen the integrity of the financi...
Back to Newsroom