NEW YORK, Oct. 14, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Enviva, Inc. (“Enviva” or the “Company”) Eve. Those investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, extension 7980.

The investigation concerns whether Enviva and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

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On October 12, 2022, Blue Orca Capital (“Blue Orca”) released a report on Enviva. Among other allegations, Blue Orca’s report noted that “newly discovered data suggests… that the company is blatantly green-washing its wood sourcing” and characterized Enviva’s claims of being a pure ESG company as “nonsense by all accounts” and ” a product of deranged European climate subsidies creating incentives to destroy American forests so European energy companies can tick a bureaucratic box.”

As a result of this news, Enviva stock price fell sharply during intraday trading on October 12, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading law firms specializing in corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, best known as Dean of the Class Bar Association, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of victims of securities fraud, fiduciary breaches and corporate wrongdoing. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomlaw.com.

CONTACT:
Robert S Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980