The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Western District of New York on behalf of investors who purchased Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation (NASDAQ: HYZN) securities between February 9, 2021 and September 27, 2021.
According to the Hyzon lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Hyzon was misrepresenting the nature of its “customer” contracts and severely embellished its “deals” and “partnerships” with customers; (2) Hyzon could not deliver its announced vehicles in 2021, on its stated timeline; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
If you suffered a loss in Hyzon you have until November 29, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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