Monteverde & Associates PC Urges Former Shareholders of Northern Genesis Acquisition Corporation to Contact the Company and Seek the Appointment of a Director by June 10, 2024.

NEW YORK, NY / ACCESSWIRE / April 19, 2024 / Monteverde & Associates PC announces that a federal securities class action has been filed in the United States District Court for the Southern District of New York, on behalf of former common stockholders of Northern Genesis Acquisition Corporation (“NGA” or the “Company”) who had NGA bonds. through March 18, 2021 and were aggrieved by alleged violations of Sections 10(b), 14(a), and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with the 2021 de- Transaction of A SPAC (the “Partnership”) between NGA and Simba Electric Company (“Simba Electric”) (the “Federal Class Action”). The claims in the Federal Class Action are asserted against NGA, NGA’s directors and officers, Lion Electric, and certain directors and officers of Lion Electric.

Under the terms of the Merger, each share of NGA stock was converted into one share of Lion Electric. The complaint alleges that the Proxy Statement filed by the Company with the United States Securities and Exchange Commission on March 24, 2021 provided NGA shareholders with misleading and incomplete information in violation of Sections 10(b), 14(a) and 20( a). ) of the Exchange Act. The merger was completed on May 6, 2021.

Mr. Juan Monteverde available to discuss this case with you personally, and if you wish to serve as the lead plaintiff, you must seek the appointment of a lead in the Federal Class Action before June 10, 2024. Any adverse class member may move the Court to serve as the lead plaintiff through attorneys of his or her choosing or may choose to do nothing and remain an absent class member.

Click here for more information: https://monteverdelaw.com/case/northern-genesis-acquisition-corporation/. It is free and there is no cost or obligation to you.

In Monteverde & Associates PC, our company files lawsuits and returns money to shareholders… and we do it from our offices in the Empire State Building. We are a national action surety firm with a track record of success in trial and appellate courts, including the United States Supreme Court.

No company, director or officer is above the law. If you held common stock in Northern Genesis Acquisition Corporation and would like to schedule an appointment or obtain additional information free of charge, please visit our website. website or contact Juan Monteverde, Esq. or via email to jmonteverde@monteverdelaw.com or by phone at (212) 971-1341.

Address:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
America
jmonteverde@monteverdelaw.com
Phone: (212) 971-1341

Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this announcement is Monteverde & Associates PC (www.monteverdelaw.com) Past results do not guarantee the same results with respect to any future event.

SOURCE: Monteverde & Associates PC

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