May. 6 at 2:02 PM
$EVLV — Evolv Technologies Agreed to Settle With Investors
Evolv Technologies has agreed to settle
$15 million with investors over misleading the market about the reliability of its weapons detection technology and improperly recognized revenue tied to undisclosed contract terms. The agreement has already been submitted to the court for final approval.
The settlement aims to compensate affected shareholders. If you purchased
$EVLV between June 28, 2021 and October 25, 2024, you may be eligible to file a claim and recover part of your losses.
You can review the details and submit your claim here: https://11th.com/cases/evolvtechnologies-investor-case