NEW YORK, Nov. 14, 2022 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal filing was filed in the United States District Court for the District of Maryland on behalf of investors who purchased securities of Enviva Inc. (“Enviva” or the “Company”) (NYSE:EVA) between February 21 Securities Class Action was filed on , 2019 and October 11, 2022, inclusive (the “Class Period”).
All investors who have bought the Shares and suffered losses are advised to contact the Company immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You can get additional information about the promotion or join the case on our website, www.whafh.com.
If you have suffered losses, you can at the latest January 3, 2023, request that the court appoint you lead plaintiff in the proposed class. Please contact Wolf Haldenstein to learn more about your rights.
PLEASE CLICK HERE TO JOIN THE CASE
On October 12, 2022, ahead of trading hours, Blue Orca released a report claiming, among other things, that “Newly discovered data suggest . . . the company is blatantly greenwashing its wood procurement” and characterized Enviva’s claim as a “A pure ESG company with a healthy, self-funded dividend and cash flows to provide a platform for future growth” how “Nonsense on all counts” The report further claimed that “Enviva is a dangerously leveraged fundraising series whose deteriorating cash conversion and unprofitability will drain the money next year” and “is a product of deranged European climate subsidies that incentivize the destruction of American forests so European energy companies can tick a bureaucratic box.” ”
On the news, Enviva stock fell $7.74, or 13.1%, to close at $51.23 per share on October 12, 2022.
Wolf Haldenstein has extensive experience pursuing securities class actions and derivatives disputes in state and federal courts and appellate courts across the country. The Company…
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