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The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation (NASDAQ: HYZN) who purchased shares between February 9, 2021 and September 27, 2021. The action, which was filed in the United States District Court for the Western District of New York, alleges that the Company violated federal securities laws.
(1) Hyzon was misrepresenting the nature of its “customer” contracts and severely embellished its “deals” and “partnerships” with customers; (2) Hyzon could not deliver its announced vehicles in 2021, on its stated timeline; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
Shareholders have until November 29, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
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