On March 22, 2024, Northern Genesis Acquisition Corp. was sued for violations of the federal securities laws in the United States District Court for the Southern District of New York on behalf of investors who exchanged Northern Genesis Acquisition Corp. ("Northern Genesis") common stock for Lion Electric Company ("Lion" or "Company") common stock pursuant to the joint proxy statement/prospectus filed with the SEC on Schedule 14A by Northern Genesis and Lion on March 24, 2021.
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