Investors in The Lion Electric Company Urged to Seek Legal Counsel Ahead of Class Action Deadline

Investors of Northern Genesis Acquisition Corp., now known as The Lion Electric Company LEV, a leading manufacturer of all-electric medium and heavy-duty urban vehicles in North America, are being called to secure legal representation ahead of a critical deadline in a securities class action. Based in Saint-Jérôme, Canada, The Lion Electric Company has found itself at the focal point of significant legal attention following allegations which have led to the filing of a securities class action lawsuit.

Urgency for Investor Action

The Rosen Law Firm, a top-ranked global investor rights firm, has emphasized the urgency for investors who incurred losses in LEV shares to seek counsel prior to the upcoming deadline designated by the court. This deadline is instrumental, as it may affect the rights of shareholders to recover their losses under the class action.

The Lion Electric Company’s Position

The Lion Electric Company, previously operating under the ticker of Northern Genesis Acquisition Corp., has been subject to scrutiny regarding its business dealings and financial reporting. The significance of this legal development underscores the importance for investors to be aware of the status of their investment, especially in cases where potential misrepresentations or omissions in public filings may have occurred.

Investors holding shares in The Lion Electric Company are encouraged to take prompt action and become well-informed about their rights and potential compensation. The Rosen Law Firm is extending its experienced legal services to represent The Lion Electric Company's investors, ensuring they are not left disadvantaged by any corporate missteps.

Investment, Legal, Deadline