Vincent Wong Law Firms Remind ELMS Investors of Lead Applicant Deadline of April 4, 2022

NEW YORK, March 14, 2022 /PRNewswire/ — To the Shareholders of Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. (“ELMS”) (NASDAQ: ELMS):

The law firms of Vincent Wang announce that a class action lawsuit has been filed on behalf of investors who purchased between March 31, 2021 and February 1, 2022.

If you have suffered a loss on your investment in ELMS, contact us about the potential recovery using the link below. There is no cost or obligation for you.

ABOUT THE SHARE: The class action lawsuit against ELMS includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) financial statements previously released by ELMS were false and unreliable; (2) the previous financial statements of ELMS would need to be restated; (3) certain officers and/or directors of ELMS have purchased shares of the Company at substantial discounts to their market value without obtaining an independent valuation; (4) on November 25, 2021 (Thanksgiving), the company’s board of directors has formed a special independent committee to conduct an investigation into certain sales of equity securities made by and to persons associated with the company; and (5) therefore, defendants’ statements about its business, operations and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.

DEADLINE: April 4, 2022

The aggrieved ELMS investors only have until April 4, 2022 ask the court to appoint you as the main plaintiff. You are not required to act as the primary plaintiff to participate in any collection.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigation involving financial fraud and violations of shareholder rights. Lawyer advertisement. Prior results do not guarantee similar results.

Vincent Wong, Esq.
39 East Broadway
Office 304
New York, NY 10002
Phone. 212.425.1140
E-mail: [email protected]

SOURCE The law firms of Vincent Wang

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