Trending...
- California: Governor Newsom announces appointments 9.10.25 - 415
- John Thomas calls for unity and prayer after tragic loss - 377
- Ayurveda, Ayurvedic medical Science and Ayurvedic Therapies, Dr.Abhay Kumar Pati - 374
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP is investigating Embark Technology, Inc. (NASDAQ: EMBK) to determine whether certain Embark officers and directors violated securities laws and breached fiduciary duties to shareholders. Embark describes itself as "an autonomous vehicle company building the software powering autonomous trucks."
If you would like more information about our investigation of Embark Technology, Inc.'s misconduct, click here.
More on The Californer
Embark Technology, Inc. (EMBK) Criticized as Being "More Bark than Bite"
On January 1, 2022, The Bear Cave released report entitled "Problems at Embark Technology," stating, "Embark's current valuation appears to be based on puffery rather than actual substance. The company holds no patents, has only a dozen or so test trucks, and may be more bark than bite." Further, The Bear Cave reported that "[m]ore troubling is that Embark appears to lack true economic substance." Following this news, Embark's stock price plummeted 16%.
Embark Technology, Inc. (EMBK) shareholders have legal options. If you own shares of Embark Technology, Inc., contact us for more information about your rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
Contact us to learn more:
Aaron Dumas
(800) 350-6003
adumas@robbinsllp.com
Shareholder Information Form
More on The Californer
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Embark Technology, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
Contacts
Aaron Dumas
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
adumas@robbinsllp.com
(800) 350-6003
www.robbinsllp.com
If you would like more information about our investigation of Embark Technology, Inc.'s misconduct, click here.
More on The Californer
- Strategic Partnerships with Defiant Space Corp and Emtel Energy USA Powerfully Enhance Solar Tech Leader with NASA Agreements: Ascent Solar $ASTI
- 120% Revenue Surge with Four Straight Profitable Quarters Signal a Breakout in the Multi-Billion Dollar Homebuilding Market: Innovative Designs $IVDN
- Leading Venture Capital Firms Recognize Wzzph Exchange's Technical Architecture and Security Framework as Industry Benchmark
- DivX Unveils Major DivX Software Update: Seamless Video Sharing and Customizable Playback Now Available
- Zoiko Supply Group Named Exclusive Distributor of Taj Mahal Rice in Caribbean, LATAM& African Market
Embark Technology, Inc. (EMBK) Criticized as Being "More Bark than Bite"
On January 1, 2022, The Bear Cave released report entitled "Problems at Embark Technology," stating, "Embark's current valuation appears to be based on puffery rather than actual substance. The company holds no patents, has only a dozen or so test trucks, and may be more bark than bite." Further, The Bear Cave reported that "[m]ore troubling is that Embark appears to lack true economic substance." Following this news, Embark's stock price plummeted 16%.
Embark Technology, Inc. (EMBK) shareholders have legal options. If you own shares of Embark Technology, Inc., contact us for more information about your rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
Contact us to learn more:
Aaron Dumas
(800) 350-6003
adumas@robbinsllp.com
Shareholder Information Form
More on The Californer
- Software VS Paid Newsletter for Creating Side Income
- Nespolo Mechanical Helps New Mexico Families Save Thousands on Heating Costs This Fall
- Leading Digital Finance Platform YNQTL Launches Revolutionary Web3 Digital Asset Trading Platform
- Venbrook and Cognizant Partner to Modernize Claims Processing for Insurance Carriers
- IDCXS Addresses Crypto Trading Pain Points with 2 Million TPS Processing and Multi-Layer Security Architecture
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Embark Technology, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
Contacts
Aaron Dumas
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
adumas@robbinsllp.com
(800) 350-6003
www.robbinsllp.com
Filed Under: Business
0 Comments
Latest on The Californer
- California: Governor Newsom announces appointments 9.16.25
- Hollywood Veterans and Rising Stars Join Forces on "HOA" A Vertical Sitcom Designed for Social Media
- LVN Jobs in LA Establishes Local Presence Offers In-Person Staffing Solutions for LA LVN Job Seekers
- Meet a Scientologist Tunes Up with Auto Expert Jimmy Alauria
- City of Long Beach Launches Second Cohort of Urban Planning and Design Internship Program
- California: Governor Newsom launches new statewide service effort to support the well-being of young men
- California: Governor, First Partner statement on the passing of Robert Redford
- 'The Lonely Diners Club' Goes Into Pre-Production
- Tour Napa Like a Local: Vines of Napa Valley Wine Passport AKA Vine Pass Unlocks Hidden Gems
- Changzhou Huifeng Vehicle Parts Factory Continues Participation 2025 AAPEX Show at Las Vegas
- Dental Surgical Center Accepts Sedation Patients with Medicaid for MD, WV, PA and DC
- Attn: Business: Looking for ways to Increase your Sales and Profit? Start using this Marketing Math
- END WELL 2025 SUMMIT BRINGS "RADICAL BRAVERY" TO LOS ANGELES, FEATURING EMMA HEMING WILLIS AND YVETTE NICOLE BROWN AMONG LEADING VOICES IN END-OF-LIFE TRANSFORMATION
- Long Beach: City to Host Community Demo Day to Showcase Neighborhood Technology Solutions
- Sloan's Lake Dental Launches New Website to Enhance Patient Experience and Access to Modern Dental Care
- Upcoming River City Ball & Brawl Bundle Includes Kunio-kun's Basketball & Tournament Fighting
- Only 3 Weeks Left till the Start of the OpenSSL Conference 2025
- Sanguine Expands Oncology Biospecimen Offerings Through Strategic Clinic Partnerships
- ENTOUCH Completes $50 million Funding Round
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI