Recent Securities Litigations

AppHarvest Inc. Common Stock (NASDAQ: APPH)

38 Days left to seek lead plaintiff status.

Company Name:AppHarvest Inc. Common Stock
Stock Symbol:NASDAQ: APPH
Class Period Start:05/17/2021
Class Period End (inclusive):08/10/2021
Filing Deadline:11/23/2021

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that AppHarvest lacked sufficient training for its recently expanded labor force; (2) that, as a result, the Company could not produce Grade No. 1 tomatoes consistently; (3) that, as a result, the Company’s financial results would be adversely impacted; and (4) 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.

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