我们的大草原
2021-03-10
应该起诉做空机构。
EHang Deadline Alert
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You may also click here for additional information: www.faruqilaw.com/EH.\n\nThere is no cost or obligation to you.\n\nFaruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.\nAs detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company's purported regulatory approvals in Europe and North America for its EH216 were for use as a drone, and not for carrying passengers; (2) its relationship with its purported primary customer is a sham; (3) EHang has only collected on a fraction of its reported sales since its American Depository Shares (\"ADS\") began trading on NASDAQ in December 2019; (4) the Company's manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times.\nSpecifically, on February 16, 2021, analyst 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.\" \nOn this news, the price of EHang ADS fell from its February 12, 2021 close of $124.09 to a February 16, 2021 close of $46.30 per share, a one day drop of $77.79 per share or approximately 62.7%.\nThe court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. \nFaruqi & Faruqi, LLP also encourages anyone with information regarding EHang's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.\nAttorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. 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