SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of NWTN Inc. – NWTN
Group 1 - Pomerantz LLP is investigating claims on behalf of investors of NWTN Inc. regarding potential securities fraud or unlawful business practices by the company and its officers/directors [2] - NWTN's stock price experienced a significant decline of 3.44 per share on May 28, 2024, following the news of the investigation [4] - On May 24, 2024, NWTN announced it received a letter from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Annual Report on Form 20-F for the year ended December 31, 2023, and has until July 22, 2024, to submit a compliance plan [5]