ArcLight Clean Transition Corp. (NASDAQ:ACTC) went up by 10.14% from its latest closing price compared to the recent 1-year high of $31.06. We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ArcLight Clean Transition Corp. (“ACTC” or the “Company”) (NASDAQ: ACTC) in connection with the Company’s proposed merger with Proterra Inc (“Proterra”), a privately-held leader in commercial vehicle electrification technology. ArcLight Clean Transition Corp. En cliquant sur « Tout accepter », vous consentez à ce que Verizon Media et ses partenaires stockent et/ou accèdent à des informations sur votre appareil par l’intermédiaire de cookies et technologies similaires, et traitent vos données personnelles, afin d’afficher des publicités et contenus personnalisés, mesurer les performances des publicités et contenus, analyser les audiences et développer les services. (212) 682-3025 Tesla, Inc. NASDAQ: TSLA $761.09 up $59.11 (8.42%) Related Articles. Joshua Rubin, Esq. ArcLight Clean Transition Corp. Investigation We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ArcLight Clean Transition Corp. (“ACTC” or the “Company”) (NASDAQ: ACTC) in connection with the Company’s proposed merger with Proterra Inc (“Proterra”), a privately-held leader in commercial vehicle electrification technology. Judge Taylor complimented plaintiffs’ attorneys’ work in the action, specifically noting “the caliber of the work involved [and] the quality of the attorneys involved.”, Judge Jensen stated, “I think the case was handled extremely well, extremely professionally, so I think you’ve done very well.”, Judge O’Conner stated “the court finds that plaintiffs’ counsel were experienced and qualified attorneys with outstanding professional reputations in securities litigation who ably and zealously prosecuted the instant case on behalf of the class.”, Judge Chin, approving the settlement and fee application, commented that “It has been many years. ARCLIGHT CLEAN TRANSITION CORP. (Exact name of registrant as specified in its charter) _____ Cayman Islands (State or other jurisdiction of incorporation or organization) 001-39546 (Commission File Number) 98-1551379 (IRS Employer Identification Number) … WILMINGTON, Del., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. The company’s stock price has collected 5.60% of gains in the last five trading sessions. Yahoo. SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of ArcLight Clean Transition Corp. - ACTC MarketWatch 2/12/2021 ArcLight Clean Transition Corp. II … ArcLight Clean Transition's lock-up period expired on Monday, March 22nd. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. TO JOIN THE CASE, FILL OUT THE FORM BELOW, If you are a shareholder who wishes to discuss the investigation or MERGER ALERT - ACTC, VIH, and GXGX: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies. Published: Jan. 12, 2021 at 5:22 p.m. WILMINGTON, Del., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. ArcLight Clean Transition had issued 25,000,000 shares in its IPO on September 23rd. Shares of ArcLight Clean Transition Corp. are up over 75% on the news, taking the SPAC to a market cap of close to $750 million. The current price level -29.33% lower than the highest price of $31.06 marked by the stock while trading over the past 52-weeks, whereas it is 126.29% higher than the lowest price of $9.70 the company dropped to over past 52-weeks. Chancellor Allen of the Delaware Chancery Court approved a settlement and cited the creativity and sophistication of plaintiffs’ counsel. ArcLight Clean Transition saw a increase in short interest in the month of February. ArcLight Clean Transition Corp. (ACTC) saw downtrend of -5.59% in the recent trading with $21.95 being its most recent. ArcLight Clean Transition Corp. NASDAQ: ACTC $16.35 up $0.05 (0.31%) TSLA. US District Court Judge Anderson expressed “the utmost respect” for the work of the firm. Monteverde & Associates PC Logo The investigation focuses on whether ArcLight Clean Transition Corp. and its Board of Directors violated securities laws … 01/13 19:30. As of February 26th, there was short interest totaling 4,480,000 shares, an increase of 32.2% from the February 11th total of 3,390,000 shares. stockinfo@weisslawllp.com. Announces Investigation of ArcLight Clean Transition Corp. Merger. ET ArcLight Clean Transition Corp. (Nasdaq – ACTC) SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of ArcLight Clean Transition Corp. (Nasdaq – ACTC) Daimler AG OTC: DMLR.Y $22.30 up $0.15 (0.70%) Related Articles. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. ArcLight Clean Transition Corp. NASDAQ: ACTC $17.03 down $0.38 (-2.18%) DMLR.Y. Pour en savoir plus sur la façon dont nous utilisons vos informations, veuillez consulter notre Politique relative à la vie privée et notre Politique en matière de cookies. Judge Hatter summed up the settlement hearing by saying, “I want to again thank counsel for the work that you put into this and hopefully it’s a settlement for which the claimants themselves will be appreciative of the results.”, Judge Black said the case provided “a model for how commercial litigation should be conducted and can be resolved.”. ArcLight Clean Transition Corp. II (NASDAQ: ACTD) is a blank check company focused on opportunities created by the accelerating transition toward sustainable use of energy and natural resources. Announces Investigation of ArcLight Clean Transition Corp. Merger WILMINGTON, Del., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. NEW YORK, NY / ACCESSWIRE / January 19, 2021 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. WeissLaw LLP is investigating whether ACTC’s board acted in the best interest of ACTC’s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Proterra, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to ACTC public shareholders. To receive more information regarding the investigation of ArcLight Clean Transition Corp. please fill out the form below. SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of ArcLight Clean Transition Corp. - ACTC Provided by PR Newswire Feb 13, 2021 2:00 AM UTC PR … February 2, 2021. Under the terms of the agreement, ACTC will acquire Proterra through a reverse merger, with Proterra emerging as a publicly traded company. The transaction represents an enterprise value for Proterra of approximately $1.6 billion. The total size of the offering was $250,000,000 based on an initial share price of $10.00. announces that it is investigating ArcLight Clean Transition Corp. (“ArcLight”) (NASDAQ CM: ACTC) regarding possible breaches of fiduciary duties and other violations of law related to ArcLight’s agreement to merge with Proterra Inc. BALA CYNWYD, PA / ACCESSWIRE / January 12, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ArcLight Clean … Why ArcLight Clean Transition … Accesswire. WILMINGTON, Del., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com, We are investigating possible breaches of fiduciary duty and other violations of law by the. The case was hard fought, very capable counsel on both sides, and I saw counsel many times… It was a difficult case.”… “Counsel did a great job…”, “I thought you all did a great job in this litigation” and “I think very highly of the work”, Judge Coughlin observed that “it took a great deal of skill to get to the point of trial.” In certifying the class, the court commented, “… that Plaintiffs’ attorneys are extremely well qualified”, Sevier County Bancshares, Inc. Investigation, Mackinac Financial Corporation Investigation, Nuance Communications, Inc. Investigation, The Court of Chancery of the State of Delaware, US District Court, Central District of California, US District Court, District of New Mexico, US District Court, District of South Carolina, US District Court, Northern District of California, US District Court for the District of Kansas, US Court of Appeals for the Second Circuit. It intends to engage in the business of advanced electric vehicle technology solutions. Under the terms of the merger agreement, ACTC will acquire Proterra through a reverse merger that will result in Proterra becoming a public company traded on the NASDAQ. ArcLight Clean Transition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Why ArcLight Clean Transition … Read the original article on Business Insider. ArcLight Clean Transition Corp. (NASDAQ:ACTC) Agreement Announcement: January 12, 2021. Press Release SHAREHOLDER ALERT: WeissLaw LLP Investigates ArcLight Clean Transition Corp. Detailed price information for Arclight Clean Transition Corp Cl A (ACTC-Q) from The Globe and Mail including charting and trades. 01/13 16:15. Informations relatives à votre compte, à votre appareil et à votre connexion internet, y compris votre adresse IP, Informations relatives à votre navigation et historique de recherche lors de l’utilisation des sites web et applications de Verizon Media. SHAREHOLDER ALERT: Rigrodsky Law, P.A. Shares of ArcLight Clean Transition (NASDAQ: ACTC) fell 14% in March, according to data provided by S&P Global Market Intelligence.The recently public special purpose acquisition company (SPAC) will soon to merge with electric vehicle component company Proterra.. March was a difficult month for electric vehicle stocks, which fell along with other low-profit growth stocks as investors … (888)593-4771 We are sponsored by ArcLight Capital Partners, LLC (“ArcLight”), and we are supported by Consolidated Asset Management Services, LLC (“CAMS”). SHAREHOLDER ALERT: Rigrodsky Law, P.A. Proterra, an EV Industry Pioneer Focused on Revolutionizing Commercial Vehicle Electrification, to Become a Public Company Learn More Press Release Presentation Investor Call Call Transcript Proterra Analyst Day Presentation have any questions about your rights or interests, please contact: Vous pouvez sélectionner l’option « Personnaliser mes choix » afin de gérer vos préférences. ArcLight has owned interests in approximately 5 gigawatts of renewable energy infrastructure, including, at the time of construction, the largest wind project ever developed in the U.S. ArcLight recognized the importance of the clean energy transition early and deployed capital to support this core belief through multiple investments in renewables generation, electric grids, automotive … En cliquant sur « Tout refuser », vous refusez tous les cookies et technologies similaires dits non-essentiels mais Verizon Media continuera à utiliser des cookies et technologies similaires exemptés du consentement. Vous pouvez modifier vos choix à tout moment en consultant Vos paramètres de vie privée. Hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties «... Tsla $ 761.09 up $ 59.11 ( 8.42 % ) DMLR.Y Corp. please fill out the form below below! Initial share price of $ 10.00 the total size of the agreement, ACTC will acquire Proterra a! 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