Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Volta Inc. (“Volta” or the “Company”) (NYSE: VLTA) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On March 28, 2022, the Company announced that resignations of its founder/CEO Scott Mercer, and the resignation of its co-founder/president Chris Wendel. Since the August business combination with Tortoise Acquisition Corp. II, the Company has restated 3Q results, delayed 4Q earnings report, withdrawn participation from Davidson Inaugural EV-related conference, and now announced leadership changes.
On this news, Volta Inc.’s share price plummeted thereby harming investors.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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