NEW ORLEANS, Dec. 13, 2022 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF Partner and former Louisiana Attorney General Charles C. Foti, Jr. , January 3, 2023 Filing a Principal Plaintiff Application in a Securities Class Action Against Enviva Inc. (NYSE: EVA) for Purchases of Company Securities Between February 21, 2019 and October 11, 2022 (“Class Period”) to do. This lawsuit is pending in the United States District Court for the District of Maryland.
what you can do
If you wish to purchase Enviva securities and discuss your legal rights and how this case affects you and your right to recover from financial losses, please contact KSF’s Managing Partner Louis Kahn at no charge. You can contact us at Please call 1-877-515-1850 or email lewis.kahn@ksfcounsel.com or visit https://www.ksfcounsel.com/cases/nyse-eva/ for more information. If you wish to serve as the lead plaintiff in this class action, you must petition the Court in the following manner: January 3, 2023.
About litigation
Enviva and some of its executives have been charged with failing to disclose material information during the class action lawsuit in violation of federal securities laws.
On October 12, 2022, pre-market Blue Orca Capital said, “Newly discovered data suggests…the company has significantly greenwashed its timber sourcing.” is a serial raiser of capital, whose worsening cash conversion and unprofitability will run out of cash next year”; It is a product of confusing European climate subsidies that encourage the destruction of forests in forests.
On the news, Enviva’s shares fell about 13.13% to close at $51.23 per share.
the case is Fagen v. Enviva et al. 22-cv-02844.
About Kahn Swick & Foti, LLC
Partnered with former Louisiana Attorney General Charles C. Foty Jr., KSF is one of the nation’s leading boutique securities litigation law firms. KSF serves a variety of clients, including public institutional investors, hedge funds, money managers and individual investors, seeking recovery of investment losses resulting from corporate fraud and fraud by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
For more information about KSF, please visit www.ksfcounsel.com.
contact:
Kahn Swick & Foti, LLC
Louis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras Street, Suite 3200
New Orleans, Louisiana 70163
