Lead Plaintiff Deadline: March 07, 2023
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common stock (or Rodgers Silicon Valley Acquisition Corp. common stock prior to July 15, 2021) between February 22, 2021, through January 3, 2023
According to the lawsuit, the Company made false and misleading statements to the market. Specifically, Enovix overstated its ability to produce batteries at commercial scale. Despite touting its “meaningful progress” in developing its manufacturing capabilities, Enovix continued to face serious production problems. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period.
In order to be included in the lawsuit, you must have incurred a loss on shares of Enovix purchased or acquired during the class period listed above.
If you suffered a loss in Enovix during the relevant time frame, you have until March 07, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.