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Class Action Cases

A class action has been filed on behalf of EH Investors. Click "Join this Class Action" above.

Attorneys

EHang Holdings Limited

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If you bought EHang Holdings Limited securities between December 12, 2019 through February 16, 2021, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law a Securities Class Action Lawsuit Against EHang Holdings Limited – EH

New York, N.Y., February 22, 2021. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of EHang Holdings Limited (NYSE: EH)  between December 12, 2019 and February 16, 2021, inclusive (the “Class Period”).

To join the EH class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=ehang-holdings-limited&id=2590 call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

According to the lawsuit,  throughout the Class Period (1) the Company’s purported regulatory approvals in Europe and North American for its EH216 were for use  as  a  drone,  and  not  for  carrying  passengers;  (2)  its  relationship  with  its  purported  primary  customer is a sham; (3) EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (4) the Company’s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 19, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/join-action-form/?slug=ehang-holdings-limited&id=2590 or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.