Rekor Systems (
Deadline August 30, 2021. 👉 https://www.zlk.com/pslra-1/rekor-sys... Attention investors in Rekor Systems Inc., Ticker symbol REKR, you may be entitled to recover your losses! Rekor Systems (#REKR) REKR Stock | INVESTOR ALERT Rekor Systems Class Action Lawsuit Filed [REKR]
This is a securities class action lawsuit with a deadline date, don't delay act fast to file your losses.
Clicking the link https://www.zlk.com/pslra-1/rekor-sys... to join the class action lawsuit that has been filed in the District of Maryland.
The lawsuit seeks to recover shareholders' losses with NO out-of-pocket cost to you.https://www.compensationrecovery.com/...
Eligible investors purchased securities between April 12, 2019 and May 25, 2021
The class action alleges:
1. Rekor’s automatic license plate recognition ("ALPR") technology and uninsured vehicle enforcement diversion (“UVED”)-related business is outclassed by global competitors with an established, dominant market share.
2. it was unlikely that states would pass legislation authorizing deals similar to Rekor’s Oklahoma UVED partnership because of, inter alia, state and local privacy laws and related public concerns.
3. Rekor’s UVED partnership was not as profitable as Defendants had led investors to believe because of known impediments to enrollment rates and costs associated with the partnership.
4. as a result of all the foregoing, the Company’s revenues were, in part, derived from unlawful conduct and thus unsustainable.
5. accordingly, Rekor had overstated its potential revenues, profitability, and overall ALPR- and UVED-related business prospects.
6. as a result, the Company’s public statements were materially false and misleading at all relevant times.
How do I participate?
If you suffered losses on your Rekor shares, you only have until August 30, 2021 to request that the court appoint you as a lead plaintiff. Acting as a lead plaintiff is not a requirement to participate in monetary recovery, but you must meet the deadline to be considered as a lead plaintiff.
To join, Click here 👉 https://www.zlk.com/pslra-1/rekor-sys...
For over 20 years Levi & Korsinsky have recovered hundreds of millions of dollars for shareholders. We look forward to hearing from you. Prior results do not guarantee similar outcomes, and this video may be considered attorney advertising under the laws of your state. We look forward to hearing from you.
Register on CORE. Join more than 150K users and protect your portfolio 👉 https://www.compensationrecovery.com/...
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________________________Time Stamp ⏲️ _______________________
00:00 REKR Stock
00:08 Class Action Lawsuit
00:13 The lawsuit seeks to recover
00:27 1. Rekor’s ALPR technology and uninsured vehicle enforcement diversion (“UVED”)-related business is outclassed by global competitors
00:40 2. it was unlikely that states would pass legislation authorizing deals.
00:52 3. Rekor’s UVED partnership was not as profitable.
01:02 4.the Company’s revenues were, in part, derived from unlawful conduct and thus unsustainable.
01:10 5. Rekor overstated its potential revenues, profitability
01:20 6. public statements were materially false and misleading.
01:11 August 30, 2021 to participate
01:28 Levi and Korsinsky
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#Rekor #REKR #Stocks #GrowthStock #LPR
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