RADNOR, PA / ACCESSWIRE / November 21, 2021 / The regulation firm of Kessler Topaz Meltzer & Check, LLP educates investors that a class activity lawsuit has actually been filed against Hyzon motors Inc. ("Hyzon") (NASDAQ:HYZN) f/k/a Decarbonization Plus acquisition Corporation ("Decarbonization") (NASDAQ:DCRB) charging the agency with violate of the commonwealth securities laws, including omissions and also fraudulent misrepresentations relating come its "customer" contracts, "deals," and also "partnerships" v customers. Hyzon's illicit actions has brought about Hyzon investors to suffer far-reaching losses as a an outcome of the company's alleged violate of law.

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CLASS PERIOD: February 9, 2021 through September 27, 2021

CONTACT AN attorney TO discuss YOUR RIGHTS: James Maro, Esq. (484) 270-1453 or Toll cost-free (844) 887-9500 or email at info


Hyzon is a hydrogen mobility company that manufactures hydrogen-powered advertising vehicles and also fuel cell systems. On February 9, 2021, Hyzon authorize a push release which touted Hyzon's purported deals and delivery schedule. Transparent the class Period, Hyzon continued to tout its client contracts, deals and partnerships, consisting of a September 9, 2021 push release stating that the firm was come supply approximately 500 hydrogen fuel cell electric vehicles to a Shanghai logistics company.

The truth arised on September 28, 2021, as soon as Blue Orca capital revealed in a report that Hyzon's biggest customer, Shanghai HongYun, is a "Fake-Looking Chinese shell Entity formed 3 Days before Deal Announced," and also that Hyzon's next largest customer, Hiringa power ("Hiringa"), is not really a Hyzon customer but rather a "channel partner" for Hyzon's vehicles. The report additionally stated that "Hiringa will certainly account because that 24% that the 's projected deliveries in 2021. Yet Hiringa stated point blank the no deliveries would be bring away in 2021," i m sorry contradicts Hyzon's representations during the class Period.

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Following this news, Hyzon's re-superstructure price dropped $2.58 per share, or 28%, come close in ~ $6.63 per share on September 28, 2021.

WHAT can I DO?

Hyzon investor may, no later on than November 29, 2021, look for to be appointed together a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or various other counsel, or may choose to do nothing and also remain an absent class member. Kessler Topaz Meltzer& Check, LLP motivates Hyzon investors who have suffered far-ranging losses to call the firm straight to acquire an ext information.

CLICK HERE TO sign UP because that THE CASE

WHO have the right to BE A command PLAINTIFF?

A command plaintiff is a representative party who acts on behalf that all course members in directing the litigation. The lead plaintiff is typically the investor or small group of investors who have the largest financial interest and also who are also adequate and also typical the the proposed course of investors. The lead plaintiff selects counsel to stand for the command plaintiff and the class and also these attorneys, if approved by the court, space lead or class counsel. Your capability to share in any kind of recovery is not influenced by the decision of even if it is or not to offer as a lead plaintiff.

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Kessler Topaz Meltzer & Check, LLP prosecutes course actions in state and federal court throughout the country and around the world. The for sure has arisen a worldwide reputation because that excellence and has recovered billions of dollars for victims the fraud and other that company misconduct. All of our work is pushed by a usual goal: to safeguard investors, consumers, employees and also others indigenous fraud, abuse, misconduct and also negligence through businesses and also fiduciaries. In ~ the finish of the day, we have actually succeeded if the negative guys pay up, and also if you recover your assets. The complaint in this activity was no filed by Kessler Topaz Meltzer & Check, LLP. For an ext information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.280 King that Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)info

SOURCE: Kessler Topaz Meltzer & Check, LLP

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