April 23, 2026
A proposed class of investors in lithium battery manufacturer Enovix Corp. can't be certified, a California federal judge has determined, finding the suit doesn't show how declines in trading price cited in the complaint were caused by the sole remaining alleged misrepresentation in the matter.
October 08, 2025
A California federal judge has pared an investor lawsuit against lithium battery maker Enovix to a single claim, after finding that two allegedly misleading statements by the company about its production equipment testing were significantly taken out of context.
January 31, 2024
Lithium battery maker Enovix Corp. has, for now, beaten an investor suit over a stock price drop due to alleged equipment testing failures, with a California federal judge ruling that investors' complaint "suffers from a lack of particularity."