Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Volta Inc. (VLTA) Class Action Lawsuit (March 2022)

Closed

24-7099 • March 30, 2022

Class Period Start

August 2, 2021

Class Period End

November 14, 2022

PSLRA Deadline

May 31, 2022

Case Allegations

10b5

Statutes of Repose

Aug 2, 2024

Country

United States

Court

Federal Court

Docket History

Apr 11, 2025

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Nov 22, 2024

On Appeal

Oct 21, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Apr 10, 2024

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Feb 26, 2024

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Volta Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jan 26, 2024

Motion to Dismiss Denied in Part

The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.

Apr 4, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jan 27, 2023

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Volta Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Nov 25, 2022

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

May 6, 2022

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Volta Inc. . The allegations and class definitions are substantively the same.

Mar 30, 2022

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Volta Inc. .

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