{"id":63219,"date":"2022-04-06T14:59:02","date_gmt":"2022-04-06T14:59:02","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=89614"},"modified":"2022-04-06T14:59:02","modified_gmt":"2022-04-06T14:59:02","slug":"rosen-a-global-and-leading-law-firm-encourages-embark-technology-inc-f-k-a-northern-genesis-acquisition-corp-ii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-deadlin","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/rosen-a-global-and-leading-law-firm-encourages-embark-technology-inc-f-k-a-northern-genesis-acquisition-corp-ii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-deadlin\/","title":{"rendered":"ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Embark Technology, Inc. f\/k\/a Northern Genesis Acquisition Corp. II Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action \u2013 EMBK, EMBKW, NGAB, NGAB.U,\u00a0NGAB.WS"},"content":{"rendered":"

NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) —\u00a0WHY:\u00a0<\/strong>Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Embark Technology, Inc. f\/k\/a Northern Genesis Acquisition Corp. II (NASDAQ: EMBK, EMBKW, NGAB, NGAB.U,\u00a0NGAB.WS<\/a>) between January 12, 2021 and January 5, 2022, inclusive (the \u201cClass Period\u201d). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than May 31, 2022<\/strong>.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased Embark securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT:\u00a0<\/strong>To join the Embark class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=4934<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than May 31, 2022<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW:\u00a0<\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE:\u00a0<\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Embark had performed inadequate due diligence into Embark Trucks Inc. (\u201cLegacy Embark\u201d); (2) Legacy Embark and the Company, following the November 2021 merger of Legacy Embark and Northern Genesis Acquisition Corp. II (the \u201cBusiness Combination\u201d), held no patents and an insignificant number of test trucks; (3) accordingly, Embark had overstated its operational and technological capabilities; (4) as a result of all the foregoing, Embark had overstated the business and financial prospects of the Company post-Business Combination; and (5) as a result, defendants\u2019 public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Embark class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=4934<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) \u2014\u00a0WHY:\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Embark Technology, Inc. f\/k\/a Northern Genesis Acquisition Corp. II (NASDAQ: EMBK, EMBKW, NGAB, NGAB.U,\u00a0NGAB.WS) between January 12, 2021 and January 5, 2022, inclusive [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,415],"tags":[],"yoast_head":"\nROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Embark Technology, Inc. f\/k\/a Northern Genesis Acquisition Corp. 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