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Class Action Cases

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

Attorneys

Velodyne Lidar, Inc.

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Zhang Investor Law announces  a class action lawsuit on behalf of shareholders who bought shares of Velodyne Lidar, Inc. from November 9, 2020 through February 19, 2021 (the “Class Period”). The lawsuit seeks to recover damages for Velodyne Lidar, Inc. investors under the federal securities laws.

If you bought Velodyne Lidar, Inc. securities between November 9, 2020 through February 19, 2021, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Velodyne Lidar, Inc. – VLDR, VLDRW

New York, N.Y., March 4, 2021. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) between November 9, 2020 and February 19, 2021, inclusive (the “Class Period”).

To join the Velodyne Lidar, Inc. class action, go to http://zhanginvestorlaw.com/cases/velodyne-lidar-inc/ 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) certain of Velodyne’s directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company’s officers and directors; (2) the Company was investigating the foregoing matters; and (3) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 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 May 3, 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/cases/velodyne-lidar-inc/ 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.