NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Eos Energy Enterprises, Inc. EOSE alleging that the Company violated federal securities laws.
Class Period: May 9, 2022 to July 27, 2023
Lead Plaintiff Deadline: October 2, 2023
No obligation or cost to you.
Learn more about your recoverable losses in EOSE:
https://www.kleinstocklaw.com/pslra-1/eos-lawsuit-loss-submission-form?id=43565&from=3
Eos Energy Enterprises, Inc. NEWS - EOSE NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Eos Energy Enterprises, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Bridgelink Commodities, LLC ("Bridgelink") is connected to a group whose assets were seized by a creditor and sold in an auction; (2) as such, Bridgelink's commitment and ability to purchase Eos products was not as secure as Eos had led investors to believe; (3) as such, Eos's backlog was overstated; (4) such overstatement negatively impacts Eos's ability to secure a loan from the Department of Energy; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Eos you have until October 2, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Eos securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the EOSE lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/eos-lawsuit-loss-submission-form?id=43565&from=3.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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