Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Secur… – Press Release

[ad_1]

RADNOR, Pa., Jan. 29, 2023 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Enovix Corporation (“Enovix”) ENVX f/k/a Rodgers Silicon Valley Acquisition Corp. The action charges Enovix 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 Enovix’s materially misleading statements and omissions to the public, Enovix’s investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR ENOVIX LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/enovix-corporation?utm_source=PR&utm_medium=link&utm_campaign=envx&mktm=r

TO VIEW OUR VIDEO, PLEASE CLICK HERE

LEAD PLAINTIFF DEADLINE: MARCH 7, 2023

CLASS PERIOD: FEBRUARY 22, 2021 THROUGH JANUARY 3, 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.

ENOVIX’S ALLEGED MISCONDUCT
Enovix purports to design, develop, and manufacture silicon-anode lithium-ion batteries using proprietary 3D cell architecture, which Enovix claims allows its batteries to achieve higher energy density. On July 14, 2021, Enovix was officially acquired by Rodgers Silicon Valley Acquisition Corp., a special purpose acquisition company. Just months before the merger, Enovix received key equipment to…

[ad_2]