Deadline Approaching for Lion Electric Company Investors to Secure Counsel in Class Action Lawsuit

Investors in The Lion Electric Company (LEV), formerly known as Northern Genesis Acquisition Corp., are facing an important deadline on June 10, as a securities class action lawsuit looms. The esteemed law firm of Rosen has stepped forward, encouraging shareholders to secure legal counsel prior to the approaching date. This notice follows allegations that the company may have issued misleading information to the investment public.

About The Lion Electric Company

LEV, officially The Lion Electric Company, has cemented its place as a pioneering force in North America’s electric vehicle sector, specializing in the production of fully electric medium and heavy-duty urban vehicles. From its headquarters in Saint-Jérôme, Canada, LEV drives innovation in the sustainable transportation industry, contributing to the green economy with its lineup of zero-emission vehicles.

Context of the Securities Class Action

As the June 10 deadline nears, investors of LEV are urged to evaluate their positions following the lawsuit announcement. The legal proceedings hinge on the premise that The Lion Electric Company may have failed to appropriately inform shareholders about pertinent business matters, influencing their investment decisions. By securing counsel, affected shareholders will be prepared to take part in any potential financial restitution that could be attributed in the event of a favorable lawsuit outcome.

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