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Grand News Network | October 24, 2023

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Archer Aviation, Inc. (ACHR)

LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming November 20, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Archer Aviation, Inc. ("Archer " or the "Company") (NYSE:ACHR) securities between September 17, 2021 and August 15, 2023, inclusive (the "Class Period").

If you suffered a loss on your Archer investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Archer-Aviation-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On August 16, 2023, before the market open, Grizzly Research published a report alleging, among other things, that Archer relies on heavily edited videos of earlier flights to misrepresent the amount of flight testing actually performed by the Company as well as the sophistication of its eVTOL aircraft. The ...

Full story available on Benzinga.com


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