Investors who lost over $100,000 with shares of Proterra Inc. (NASDAQ: PTRA) between August 2022, to March 2023 should contact the Shareholders Foundation in connection with Lawsuit

Rhea-AI Summary

Deadline approaching in lawsuit against Proterra Inc. (NASDAQ: PTRA) for investors who purchased shares over $100,000 between Aug 2022 and Mar 2023. Allegations of false statements and failure to disclose. Contact Shareholders Foundation.

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• Allegations of false statements and failure to disclose in lawsuit against Proterra Inc. (NASDAQ: PTRA)

SAN DIEGO, Aug. 9, 2023 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a deadline is coming up in the lawsuit that was filed for certain investors in Proterra Inc. (NASDAQ: PTRA) shares.

Investors who purchased shares of Proterra Inc. (NASDAQ: PTRA) in excess of $100,000 between August 2, 2022, to March 15, 2023, have certain options and there are short and strict deadlines running. Deadline: June 19, 2023. Proterra Inc. (NASDAQ: PTRA) investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On July 14, 2023, a lawsuit was filed by an investor in NASDAQ: PTRA over alleged violations of securities laws by Proterra Inc. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company repeatedly stated the $523 on their balance sheet meant the company had abundant liquidity and financial stability; and that the new factory in Greer, South Carolina would continue to improve production efficiency and gross margins.

Those who purchased Proterra Inc. (NASDAQ: PTRA) shares between August 2, 2022, to March 15, 2023 should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
mail@shareholdersfoundation.com
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

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SOURCE Shareholders Foundation, Inc.