EVLV - Evolv Technologies (EVLV) Sued by Investors After Disclosing SEC Investigation BBC Report Disputing Company's Claims - Hagens Berman | Benzinga

SAN FRANCISCO, April 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact the firm's attorneys.

Class Period: June 28, 2021 – Mar. 13, 2024
Lead Plaintiff Deadline: May 24, 2024
Visit: www.hbsslaw.com/investor-fraud/EVLV
Contact An Attorney Now: EVLV@hbsslaw.com
                                             844-916-0895

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Securities Fraud Class Action:

Embattled weapons scanner Evolv and its senior executives were recently sued by investors alleging they violated the U.S. securities laws by falsely touting its multimillion-dollar weapons detectors' use of artificial intelligence technology. With this new federal securities class action, Evolv now faces battles on both the shareholder and regulatory fronts.

The securities class action complaint alleges that Evolv misrepresented and concealed that: (1) it materially overstated the efficacy of its products; (2) the lack of effectiveness of its products regarding detection of knives and ...

EVLV) Sued by Investors After Disclosing SEC Investigation, BBC Report Disputing Company's Claims - Hagens Berman>Full story available on Benzinga.com