Electric Last Mile Solutions, Inc.
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Class action complaint filed against Electric Last Mile Solutions
Lawsuit filed
The Klein Law Firm announced that a class action complaint had been filed on behalf of Electric Last Mile Solutions shareholders, alleging federal securities-law violations, unreliable financial statements, and other misleading disclosures. These are allegations in the complaint; the source reports no determination.
Source excerpt
The filed complaint alleges that Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) ELMS's previously issued financial statements were false and unreliable;
The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. (NASDAQ: March 1, 2022ELMS) alleging that the Company violated federal securities laws.