ATLANTA, GA / ACCESSWIRE / March 31, 2022 / Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Volta Inc. ("Volta" or the "Company") (NYSE:VLTA). The lawsuit alleges, among other things, that Volta made certain false and/or misleading statements regarding the Company's business, operations, and prospects. Specifically, the complaint alleges that Volta understated its net loss for the third quarter 2021, failed to disclose there were material weaknesses in the Company's internal control over financial reporting, which adversely impacted Volta's financial results and necessitated the restatement of its financials.
If you bought shares of Volta between August 2, 2021 and March 28, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm's website at www.holzerlaw.com to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is May 31, 2022.
SOURCE: Holzer & Holzer