Credit: Travis/Adobe Stock Securities Class Action Alleges Electric Bus Maker Purposefully Misled Investors
This complaint was first surfaced by Law.com Radar.
July 18, 2023 at 11:49 AM
5 minute read
Civil Procedure
California-based electric bus maker Proterra and its top officers were hit with a securities class action, facing allegations that the company failed to maintain sufficient liquidity in violation of a convertible note covenant.
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