Core Viewpoint - A class action securities lawsuit has been filed against Evolv Technologies Holdings, Inc. for alleged securities fraud affecting investors between August 19, 2022, and October 30, 2024 [2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged securities fraud during the specified period [2]. - The complaint alleges that the company's financial statements from Q2 2022 to Q2 2024 contained material misstatements related to improper revenue recognition and other revenue-related metrics [2]. - It is claimed that Evolv's sales, particularly to a major channel partner, were influenced by undisclosed extra-contractual terms, leading to distorted revenue reporting [2]. Group 2: Company Conduct - The lawsuit suggests that contrary to the company's claims of "growing momentum" and "continued traction" with channel partners, there was misconduct involving sales to one of its largest partners [2]. Group 3: Participation Information - Investors who suffered losses during the relevant timeframe have until December 31, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [4]. Group 4: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [5].

Core Viewpoint - The article discusses a class action lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) due to allegations of false and misleading statements regarding the company's financial performance and revenue recognition practices [2][4]. Group 1: Allegations - The complaint alleges that Evolv's financial statements from Q2 2022 to Q2 2024 contained material misstatements related to improper revenue recognition and other metrics tied to revenue [2]. - It is claimed that sales to one of Evolv's largest channel partners were subject to undisclosed extra-contractual terms, which distorted the reported revenue and metrics during the class period [2]. - Contrary to the company's claims of "growing momentum" and "continued traction," there were allegations of misconduct by company personnel regarding sales to a major channel partner [2]. Group 2: Next Steps for Shareholders - Shareholders who purchased EVLV shares during the specified class period are encouraged to register for updates and monitoring of the case [3]. - The deadline for seeking lead plaintiff status is December 31, 2024, and participation in the case incurs no cost or obligation [3][5]. - The Gross Law Firm, which is handling the case, emphasizes its commitment to protecting investors' rights and ensuring responsible business practices [5].

Core Viewpoint - The article discusses a class action lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) due to allegations of false and misleading statements regarding the company's financial performance and revenue recognition practices during the specified class period [2][4]. Group 1: Allegations - The complaint alleges that Evolv's financial statements from Q2 2022 to Q2 2024 contained material misstatements related to improper revenue recognition and other metrics tied to revenue [2]. - It is claimed that sales to one of Evolv's largest channel partners were subject to undisclosed extra-contractual terms, which distorted the reported revenue and other related metrics during the class period [2]. - Contrary to the company's claims of "growing momentum" and "continued traction," there were allegations of misconduct by company personnel regarding sales to a major channel partner [2]. Group 2: Next Steps for Shareholders - Shareholders who purchased EVLV shares during the class period are encouraged to register for updates and monitoring of the case [3]. - The deadline for shareholders to seek lead plaintiff status is December 31, 2024, with no cost or obligation to participate in the case [3][5]. - The Gross Law Firm, which is handling the case, emphasizes its commitment to protecting investors' rights and ensuring responsible business practices [5].

NEW YORK, Dec. 23, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV).Shareholders who purchased shares of EVLV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/evolv-technologies-holdings-inc-loss-submission-form-2/?id=117765&from= ...

Core Insights - Evolv Technologies Holdings Inc. is under investigation for potential claims related to material misstatements in its financial statements [1][3] - The company announced that its financial statements from Q2 2022 to Q2 2024 should not be relied upon due to issues affecting revenue recognition [3] - Evolv has self-reported these issues to the SEC and is delaying its Q3 2024 quarterly report [3] Company Overview - Evolv Technologies Holdings, Inc. specializes in security technology, utilizing AI-based screening to enhance safety [2] - The company has faced allegations of misconduct involving certain sales and extracontractual terms not disclosed to accounting personnel [3] Legal Context - Moore Law, PLLC is investigating claims against Evolv for shareholders who purchased shares before August 19, 2022 [1][4] - Potential remedies for affected shareholders include seeking damages, corporate reforms, and reimbursement at no cost [4][5]

NEW YORK, Dec. 20, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Evolv Technologies Holdings, Inc. ("Evolv" or the "Company") (NASDAQ: EVLV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Evolv and certain of it ...

NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Evolv Technologies Holdings, Inc. ("Evolv Technologies Holdings, Inc." or the "Company") (NASDAQ: EVLV) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Evolv Technologies Holdings, Inc. investors who were adversely affected by alleged securities fraud between August 19, 2022 and October 30, 2024. Follow the link below to get more information and be contacted by a m ...

PHILADELPHIA, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) on behalf of purchasers of EVOLV securities between August 19, 2022 and October 30, 2024, inclusive (the “Class Period”). Investors that suffered losses from EVOLV (NASDAQ: EVLV) investments can follow the link below for more information regarding the lawsuit: CLICK HERE to learn more a ...

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Massachusetts on behalf of those who acquired Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) securities during the period of August 19, 2022 to October 30, 2024, inclusive (“the Class Period”). Investors have until December 31, 2024, to apply to the Court to be appointed as lead plaintiff in the lawsui ...

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it has filed a lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) and certain of the Company’s current and former senior executives. If you invested in Evolv, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc. Investors have until December 31, 2024 to ask the Court to be appointed to lead the ...