An investigation on behalf of current long term investors in AppHarvest, Inc. (NASDAQ:APPH) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 01/25/2022 -- Certain directors of AppHarvest, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who are current long term investors in AppHarvest, Inc. (NASDAQ: APPH) 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 investors in ASDAQ: APPH stocks follows a lawsuit filed against AppHarvest, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: APPH stocks, concerns whether certain AppHarvest, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants failed to disclose to investors that AppHarvest lacked sufficient training for its recently expanded labor force, that, as a result, the Company could not produce Grade No. 1 tomatoes consistently, that, as a result, the Company's financial results would be adversely impacted, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of AppHarvest, Inc. (NASDAQ: APPH) have certain options and should contact the Shareholders Foundation.
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