Recent Security Class Actions

Enviva Inc. Common Stock (NYSE: EVA)

Company Name:Enviva Inc. Common Stock
Stock Symbol:NYSE: EVA
Class Period Start:12/18/2018
Class Period End (inclusive):12/02/2022
Filing Deadline:11/13/2023

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Enviva had misrepresented the environmental sustainability of its wood pellet production and procurement; (ii) Enviva had similarly overstated the true measure of cash flow generated by the Company's platform; (iii) accordingly, Enviva had misrepresented its business model and the Company's ability to achieve the level of growth that Defendants had represented to investors; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.