Investors with losses are encouraged to contact the company before October 18, 2021; Click on here submit business information
LOS ANGELES, Aug 25, 2021 (GLOBE NEWSWIRE) – The Portnoy law firm informs investors that a class action lawsuit has been filed on behalf of investors in View, Inc. (NASDAQ: VIEW) who acquired shares between November 30, 2020 and August 16, 2021. Investors have until October 18, 2021 to seek a role in this litigation.
Investors are encouraged to contact a lawyer Lesley F. Portnoy, to determine eligibility to participate in this action, by phone at 310-692-8883 or E-mail, Where Click here join the case.
CF Finance Acquisition Corp. It was a Special Purpose Acquisition Company (“SPAC” or “Blank Check Company”) which was formed for the specific purpose of effecting a merger, stock exchange, asset acquisition, purchase shares, reorganization or similar enterprise. association with one or more companies. CF Finance Acquisition Corp. II and View merged through a business combination with View as a surviving public entity on March 8, 2021.
It is alleged in this complaint that, throughout the Class Period, View made false and misleading representations and failed to disclose that: (i) View did not properly accumulate warranty costs in connection with its product ; (ii) there was a significant weakness in View’s internal controls over accounting and financial reporting relating to the accumulation of collateral; (iii) View’s financial results for prior periods have been accordingly inaccurate; and (iv) View’s positive statements regarding its business, operations and outlook were materially misleading and / or lacked reasonable basis, accordingly.
View announced on August 16, 2021 that it “has begun an independent investigation into the adequacy of the accumulation of collateral previously disclosed by the company.” View’s share price fell more than 24% on the news, damaging investors.
A class action has already been filed. If you wish to act as the principal applicant, you must apply to the Court no later than October 18, 2021.
Please visit our website to view more information and submit your transaction information.
The Portnoy law firm represents investors in the pursuit of claims arising from corporate wrongdoing. The company’s founding partner has recovered more than $ 5.5 billion for aggrieved investors. Lawyer advertising. Past results do not guarantee similar results.
Lesley F. Portnoy, Esq.
CA and NY bar admitted