NEW YORK, NY / ACCESSWIRE / August 8, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Hyzon Motors Inc. ("Hyzon" or the "Company") (NASDAQ:HYZN). Investors who purchased Hyzon securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hyzn.
The investigation concerns whether Hyzon has violated federal securities laws.
On August 4, 2022, in a filing with the U.S. Securities and Exchange Commission, Hyzon disclosed, among other items, that the Company's board had appointed a committee of independent directors to investigate issues regarding revenue recognition timing and internal controls/procedures, which were primarily related to its China operations, as a result of which the Company would be unable to timely file its quarterly report for the second quarter of 2022. On this news, Hyzon's stock price fell $1.71 per share, or 38.08%, to close at $2.78 per share on August 5, 2022.
If you are aware of any facts relating to this investigation or purchasedHyzon shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/hyzn. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC