FSR - HAGENS BERMAN Alerts Fisker (FSR) Investors with Substantial Losses to Contact Firm's Attorneys Application Deadline Approaching in Securities Fraud Class Action | Benzinga

SAN FRANCISCO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Fisker Inc. (NYSE:FSR) investors who suffered substantial losses to submit your losses now.

Class Period: Aug. 4, 2023 – Nov. 20, 2023
Lead Plaintiff Deadline: Jan. 26, 2024
Visit: www.hbsslaw.com/investor-fraud/FSR
Contact An Attorney Now: FSR@hbsslaw.com
                                                 844-916-0895

Fisker Inc. (NYSE:FSR) Securities Fraud Class Action:

The complaint alleges that Defendants misrepresented and concealed: (1) that Fisker had a material weakness in its internal control over financial reporting; (2) that Fisker had incorrectly accounted for certain costs; (3) that as a result the Company was likely to delay filing its quarterly report; (4) that Fisker's infrastructure was limiting its ability to deliver its production; and (5) that, as a result of the foregoing, Defendants' positive statements during the Class Period about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The truth began to emerge on Nov. 8, 2023, when Fisker announced that it was delaying its Q3 2023 earnings release until after markets close on ...

FSR) Investors with Substantial Losses to Contact Firm's Attorneys, Application Deadline Approaching in Securities Fraud Class Action>Full story available on Benzinga.com