EOSE Class Action Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Eos Energ… – Press Release

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RADNOR, Pa., Aug. 19, 2023 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Eos Energy Enterprises, Inc. (“Eos”) ((EOSE). The action charges Eos with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.  As a result of Eos’s materially misleading statements and omissions to the public, Eos’s investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR EOS LOSSES.  YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/eos-energy-enterprises-inc?utm_source=PR&utm_medium=link&utm_campaign=eose&mktm=r 

LEAD PLAINTIFF DEADLINE: OCTOBER 2, 2023

CLASS PERIOD:  MAY 9, 2022 THROUGH JULY 27, 2023

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:

Jonathan Naji, Esq. at (484) 270-1453 or via email at info@ktmc.com   

Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing.  Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

EOS’S ALLEGED MISCONDUCT

On July 27, 2023, during market hours, market analyst Iceberg Research (“Iceberg”) published a report identifying several issues with Eos. Iceberg alleged, among other things, that the fate of Eos “rests on its touted 2.2 GWh energy storage system backlog”, and that the backlog “is fake.” Specifically, the report indicated that “Bridgelink Commodities, accounts for half of EOS’s backlog” but that Iceberg “decided to dig into this customer’s background and uncovered “a group whose assets were recently seized by a creditor and sold in an auction.”…

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