Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Hyzon Motors Inc. and Encourages Investors to Contact the Firm

NEW YORK, Nov 27, 2021 – (BUSINESS WIRE) – Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that a class action lawsuit has been filed against Hyzon Motors Inc. (“Hyzon” or.) the “Company”) (NASDAQ: HYZN) in the United States District Court for the Western District of New York on behalf of all individuals and legal entities holding Hyzon Securities between the 23rd and 7th (the “Class Period”). Investors have until November 29, 2021 to apply to the court to be named as the main plaintiff in the legal dispute.

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On September 28, 2021, Blue Orca Capital released a report claiming, among other things, that “Sewer tests reveal … New Zealand.” Report that “Hiringa bluntly stated that there would be no deliveries in 2021,” said Blue Orca, “expects[s] a big mistake in orientation. “In addition, several executives left Hyzon because they” became uncomfortable with the way Hyzon presented client orders to investors “because it” unfortunately felt a bit like what Nikola was doing. “

As a result of this news, the company’s share price fell $ 2.58, or 28%, to close at $ 6.63 per share on September 28, 2021, hurting investors.

The lawsuit filed alleges that, during the class action period, defendants made materially false and / or misleading statements and failed to disclose material adverse facts about the company’s business, operations, and prospects. In particular, Defendants have failed to disclose to investors that: (1) Hyzon misrepresented the nature of its “customer” contracts and heavily embellished its “businesses” and “partnerships” with customers; (2) Hyzon was unable to deliver its announced vehicles on the specified schedule in 2021; and (3) as a result, Defendants’ statements about its business, operations and prospects were materially false and misleading and / or were inadequate at all relevant times.

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If you have bought or otherwise acquired Hyzon stock and have suffered a loss, are a long-term shareholder, have information, want to learn more about these claims, or have any questions about this release or your rights or interests in relation to these matters, please contact Email Brandon Walker or Alexandra B. Raymond at research@bespc.com, call (212) 355-4648, or fill out this contact form. There are no costs or obligations for you.

About Bragar Eagle & Squire, PC:

Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. Lawyer advertising. Previous results do not guarantee similar results.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211127005092/de/

contacts

Bragar Adler & Knappe, PC
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

https://finance.yahoo.com/news/hyzon-deadline-alert-bragar-eagel-100000875.html