An investigation on behalf of current long term investors in Hyzon Motors Inc. (NASDAQ:HYZN, HYZNW, DCRB, DCRBW, DCRBU) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 01/26/2022 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Hyzon Motors Inc..
Investors who are current long term investors in Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) stocks follows a lawsuit filed against Hyzon Motors Inc. (DCRBU over alleged securities laws violations. The investigation on behalf of current long term investors in Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) stocks, concerns whether certain Hyzon Motors Inc. officers and directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Western District of New York the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 9, 2021 and September 27, 2021, the defendants made false and/or misleading statements and/or failed to disclose that Hyzon was misrepresenting the nature of its "customer" contracts and severely embellished its "deals" and "partnerships" with customers, that Hyzon could not deliver its announced vehicles in 2021, on its stated timeline, and thatas a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Hyzon Motors Inc. (NASDAQ: HYZN, HYZNW, DCRB, DCRBW, DCRBU) have certain options and should contact the Shareholders Foundation.
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