Enovix Lawsuit Submission Form

Company: Enovix Corporation

Ticker: (NASDAQ) ENVX

Deadline

Passed

Lead Plaintiff Deadline: March 07, 2023

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Allegations

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.