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Lanham v. Fenwick-Smith et al

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Case Number:

1:23-cv-00507

Court:

Colorado

Nature of Suit:

Securities, Commodities, Exchange

Multi Party Litigation:

Derivative Litigation

Judge:

Nina Y. Wang

Firms

  1. April 23, 2024

    EV Co.'s SPAC Suit Gets Final OK For $1.9M Settlement

    Lightning eMotors Inc., which made electric commercial vehicles and has announced liquidation of its assets, has received final approval for a $1.85 million settlement of shareholder derivative claims against its brass alleging they hid supply chain issues that would keep it from scaling after going public via merger with a special purpose acquisition company.

  2. December 07, 2023

    EV Co.'s SPAC Suit Gets Initial OK For $1.9M Settlement

    A Colorado federal judge has granted initial approval to a $1.9 million settlement of a shareholder derivative suit on behalf of commercial electric vehicle company Lightning eMotors that alleged its executives and directors made false and misleading claims about the company's future production capacity and potential revenue.

  3. February 27, 2023

    Shareholder SPAC Spat Ensnares Commercial EV Co.

    Commercial electric vehicle company Lightning eMotors has been hit with a shareholder derivative suit in Colorado federal court, alleging its executives and directors made false and misleading claims in a proxy statement and elsewhere about Lightning's future production capacity and potential revenue.