Company Investigation - Leading securities law firm Bleichmar Fonti & Auld LLP is investigating Evolv Technologies Holdings Inc (NASDAQ: EVLV) for potential violations of federal securities laws [1] - The investigation follows Evolv's announcement of a delay in filing its quarterly financial report due to material misstatements in revenue recognition dating back to 2022 [1] - Evolv disclosed that certain financial statements from 2022 to mid-2024 should not be relied upon due to undisclosed terms in sales to channel partners, including one of its largest partners [1] Stock Performance - Evolv's stock price declined more than 40% during trading on October 25, 2024, following the announcement of the financial reporting issues [2] Legal Representation - Bleichmar Fonti & Auld LLP is a leading international law firm specializing in securities class actions and shareholder litigation [3] - The firm has achieved notable successes, including recovering over $900 million from Tesla Inc's Board of Directors and $420 million from Teva Pharmaceutical Ind Ltd [3] - BFA was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been recognized by Law360 and Thompson Reuters [3]

BOSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV, EVLVW). About the Investigation On October 25, 2024, Evolv filed a Form 8-K with the U.S. Securities and Exchange Commission disclosing that an “ad hoc committee of independent directors (the ‘Committee’)” had “commenced an investigation of the Company’s sales practices.” Furth ...

NEW YORK, Oct. 27, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) resulting from allegations that Evolv may have issued materially misleading business information to the investing public. So What: If you purchased Evolv securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...

NEW YORK, Oct. 27, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) for potential violations of the federal securities laws. If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc. Why Did Evolv Technologies's Stock Drop? On October 25, 2024, Evolv announced a delay in filing ...

NEW YORK, Oct. 26, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) resulting from allegations that Evolv may have issued materially misleading business information to the investing public. So What: If you purchased Evolv securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ar ...

SAN FRANCISCO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- On October 25, 2024, Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) shares fell more than 40% Friday after the weapons-screening company said it found misconduct by some of its employees related to sales practices forcing the company to restate its financials over a two-year period. Accordingly, Hagens Berman has begun an investigation into the matter and urges investors in Evolv who suffered substantial losses to submit your losses now. Visit: www.hbsslaw. ...

BOSTON, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Evolv Technologies Holdings, Inc. (Nasdaq: EVLV) for potential securities law violations. Investors who have lost money in their Evolv Technologies Holdings investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/evlv. What is this all about? Shares in Evolv Technologies Holdings have fallen on Friday, October 25, following the Company's shock ...

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) for potential violations of the federal securities laws. If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc. Why Did Evolv Technologies's Stock Drop? On October 25, 2024, Evolv announced a delay in filing ...

In a challenging year for many tech stocks, Evolv Technologies (EVLV) has seen its share price plummet 18% year to date, significantly underperforming the Zacks Computer and Technology sector's return of 22.6%. This sharp decline has left investors wondering whether the current dip presents a buying opportunity or signals deeper issues for this AI-powered security screening company. Evolv Technologies, founded in 2013, has been at the forefront of modernizing security screening through its innovative use of ...

Evolv Technologies Holdings, Inc. (EVLV) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following ye ...