Core Viewpoint - Investors in Evolv Technologies Holdings, Inc. have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred during the class period from June 28, 2021, to March 13, 2024 [1][2]. Group 1: Allegations Against Evolv - The complaint alleges that Evolv materially overstated the efficacy of its products [2] - It is claimed that the products were ineffective in detecting knives and guns, increasing the risk of undetected weapons entering sensitive locations such as schools [2] - The company is accused of deceiving the public, customers, and investors regarding the effectiveness of its products, leading to misleading positive statements about its business and operations [2] Group 2: Class Action Participation - Investors do not need to take any action at this time to be part of the class action; they may choose to retain counsel or remain absent [3] - For more information regarding the class action or any questions about rights or interests, investors can contact the Law Offices of Howard G. Smith [3]
EVLV Investors Have Opportunity to Lead Evolv Technologies Holdings, Inc. Securities Fraud Lawsuit