Electric Last Mile Solutions, Inc.

(ELMS) News: Did You Lose Money on Your Electric Last Mile Solutions Investment? Contact Johnson Fistel Regarding Class Action Investigation

SAN DIEGO, February 1, 2022 /Newsfile/ —

Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Electric Last Mile Solutions, Inc. (NASDAQ: ELMS).

On February 2, 2022, Electric Last Mile Solutions Inc made an announcement stating that certain executives have resigned. The Financial Update further states, “James Taylor, who has resigned from his role as Chief Executive Officer and a member of the Board. In addition, Brian Krzanich has been appointed Non-Executive Chairman of the Board, replacing Jason Luo, who has also resigned from his position as Executive Chairman of the Board. The departures follow an investigation conducted by a Special Committee of the Board of Directors (the “Special Committee”).”

Following this news, Electric Last Mile Solutions stock fell 23% after hours on February 1, 2022.

If you have information that could assist in this investigation, or if you are an Electric Last Mile Solutions shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

To join this action, you can go to:

https://www.cognitoforms.com/JohnsonFistel/ElectricLastMileSolutionsInc

or

[Click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

To join this action, you can go to:

https://www.cognitoforms.com/JohnsonFistel/ElectricLastMileSolutionsInc

or

[Click here to join this action]. There is no cost or obligation to you.