EVLV INVESTIGATION NOTICE: Evolv Technologies Holdings Stock Plummets 40% after Incorrect Revenue Recognition; Investors are Notified to Contact BFA Law (Nasdaq: EVLV)

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]