Recent Security Class Actions

Evolv Technologies Holdings Inc. Class A Common Stock (NASDAQ: EVLV)

Company Name:Evolv Technologies Holdings Inc. Class A Common Stock
Stock Symbol:NASDAQ: EVLV
Class Period Start:06/28/2021
Class Period End (inclusive):03/13/2024
Filing Deadline:05/24/2024

The Complaint alleges that Defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Evolv materially overstated the efficacy of its products; (2) the lack of effectiveness of Evolv’s products with regard to detecting knives and guns led to an increased risk of undetected weapons entering locations such as schools; (3) Evolv deceived the general public, its customers, and its investors regarding the effectiveness of its products; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.