(ZEV) Lightning eMotors Inc. Alert: Did You Lose Money on Your Investment? Contact Johnson Fistel Regarding Investigation

SAN DIEGO, Aug. 18, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Lightning eMotors, Inc (NYSE: ZEV).

On August 16, 2021, Lightning eMotors announced financial results for the second quarter ended June 30, 2021. The Company reported a net loss per share of $0.79 compared to a loss of $0.10 in the second quarter of 2020. The Company also pulled its full year financial guidance for the remainder of 2021, just days after announcing a multi-year agreement with Forest River, a Berkshire Hathaway company. Lightning eMotors started trading on the NYSE on May 7, 2021 following a SPAC transaction with GigCapital3.

Following this news, the Company's stock price fell 16%, August 17, 2021.

If you have information that could assist in this investigation, including past employees and others, or if you are a Lightning eMotors shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

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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. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

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

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SOURCE Johnson Fistel, LLP