#United States #New York #Securities Fraud #Pomerantz LLP #NWTN Inc.

Pomerantz Law Firm Takes Action for NWTN Inc. Investors

In a significant development for shareholders of NWTN Inc., also known by its NASDAQ ticker symbol NWTN, Pomerantz LLP has launched an investigation into potential claims against the company and its executives. The focus of this inquiry is to determine whether there have been instances of securities fraud or other unlawful business practices that may have affected investors.

The investigation comes in the wake of alarming news for NWTN shareholders. On May 28, 2025, NWTN announced that it had received a determination notice from the Nasdaq Stock Market, indicating that its securities would be delisted as per the exchange's listing rules. This disconcerting notification caused immediate repercussions in the market. Following the announcement, NWTN’s stock witnessed a dramatic decline, plunging by $0.72 per share, equating to a 32% decrease, and closing at $1.53 per share by the end of trading on May 30, 2025.

Pomerantz LLP, which operates from key cities including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is recognized as a leading firm specializing in corporate, securities, and antitrust class action litigations. The firm was founded by the late Abraham L. Pomerantz, who is often referred to as the pioneer of the class action bar, particularly in the area of securities-related cases. With over 85 years of history, Pomerantz continues to uphold its legacy of advocating for victims of corporate misconduct, breaches of fiduciary duty, and securities fraud. Throughout its history, the firm has successfully secured numerous multimillion-dollar settlements on behalf of class members.

Investors who feel they may have been affected by these developments are encouraged to reach out to Pomerantz LLP for support. Danielle Peyton, an attorney at the firm, is leading the investigation and can be contacted via email at [email protected] or by telephone at 646-581-9980, extension 7980.

The implications of this investigation are vast; it could lead to significant legal action and recovery for affected investors if wrongdoing is identified. The team at Pomerantz prides itself on being at the forefront of such issues, ensuring the rights of investors are protected. As this situation unfolds, stakeholders will need to remain vigilant and informed about further announcements from both NWTN and Pomerantz.

For anyone interested in joining the class action or learning more about the investigation, additional information can be found on Pomerantz's website, pomlaw.com. The firm's commitment to corporate accountability and justice for investors continues to be their driving force.

This situation serves as a stark reminder of the inherently volatile nature of the stock market and the critical importance of transparency and ethical conduct by public companies. Investors have the right to expect fair treatment and honesty from the companies in which they invest, and Pomerantz LLP is taking the necessary steps to hold NWTN accountable should any misconduct be unearthed during this investigation.