NEW YORK,
Jan. 13,
2023 /PRNewswire/ -- Jakubowitz Law announces that a
securities fraud class action lawsuit has commenced on behalf of
shareholders of Enovix Corporation (NASDAQ: ENVX).
To receive updates on the lawsuit, fill out
the
form:
https://claimyourloss.com/securities/enovix-corporation-loss-submission-form/?id=35577&from=4
This lawsuit is on behalf of all investors who
purchased or otherwise acquired Enovix common stock (or Rodgers
Silicon Valley Acquisition Corp. common stock prior to July 15, 2021) between February 22, 2021 and January 3, 2023, inclusive.
Shareholders interested in acting as a lead
plaintiff representing the class of wronged shareholders have until
March 7, 2023 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to the lawsuit, the Company made false
and misleading statements to the market. Specifically, Enovix
overstated its ability to produce batteries at commercial scale.
Despite touting its "meaningful progress" in developing its
manufacturing capabilities, Enovix continued to face serious
production problems. Based on these facts, the Company's public
statements were false and materially misleading throughout the
class period.
Jakubowitz Law is vigorous in pursuit of justice
for shareholders who have been the victim of securities fraud.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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content:https://www.prnewswire.com/news-releases/envx-shareholder-alert-jakubowitz-law-reminds-enovix-shareholders-of-a-lead-plaintiff-deadline-of-march-7-2023-301720928.html
SOURCE Jakubowitz Law