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NKLA ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of November 16, 2020 in the Class Action Filed on Behalf of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. Limited Shareholders

(MENAFN – Newsfile Corp) NKLA ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of November 16, 2020 in the Class Action Filed on Behalf of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. Limited Shareholders

New York, New York–(Newsfile Corp. – October 16, 2020) – The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Nikola Corporation, f/k/a VectoIQ Acquisition Corp. (NASDAQ: NKLA) alleging that the Company violated federal securities laws.

Class Period: March 3, 2020 and September 15, 2020
Lead Plaintiff Deadline: November 16, 2020

Learn more about your recoverable losses in NKLA:
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The filed complaint alleges that Nikola Corporation, f/k/a VectoIQ Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) VectoIQ did not engage in proper due diligence regarding its merger with Nikola; (2) Nikola overstated its “in-house” design, manufacturing, and testing capabilities; (3) Nikola overstated its hydrogen production capabilities; (4) as a result, Nikola overstated its ability to lower the cost of hydrogen fuel; (5) Nikola founder and Executive Chairman, Trevor Milton, tweeted a misleading “test” video of the Company’s Nikola Two truck; (6) the work experience and background of key Nikola employees, including Mr. Milton, had been overstated and obfuscated; (7) Nikola did not have five Tre trucks completed; and (8) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

Shareholders have until November 16, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

For additional information about the NKLA lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118

Telephone: (212) 616-4899
Fax: (347) 558-9665
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To view the source version of this press release, please visit [To enable links contact MENAFN]

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