(MENAFN- GlobeNewsWire - Nasdaq)
NEW YORK, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP ( is investigating claims on behalf of investors of Hyzon Motors Inc. (NASDAQ: HYZN), a hydrogen mobility company that provides decarbonized solutions for the commercial vehicles market and hydrogen supply infrastructure.
If you are an investor of Hyzon Motors and would like to discuss our investigation, please contact us by emailing or by calling (646) 315-9003.
After the market closed on August 4, 2022, Hyzon Motors disclosed in a SEC filing that“the Company's Board of Directors appointed a committee of independent board members to investigate, with the assistance of independent outside counsel and other advisors, certain issues regarding revenue recognition timing and internal controls and procedures, primarily pertaining to its China operations.” The Company further announced that“Due to the ongoing investigation, the Company will be unable to file its Form 10-Q for the quarter ended June 30, 2022 by August 15, 2022, the due date for filing, and does not have an anticipated filing date at this time.”
Following this news, when trading of Hyzon Motors opened on August 5, 2022 the price of the shares fell sharply – over 39% in midmorning trading.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at
If you have any questions about this investigation, your rights, or your interests, please contact:
Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
Fax: (415) 772-4707
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