The Law Offices of Frank R. Cruz announces an investigation of Enviva Inc. (“Enviva” or the “Company”) (NYSE: EVA) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On October 12, 2022, Blue Orca published a report which alleged, among other things, that satellite imagery indicated that, in many instances, Enviva is “procuring wood from the widely condemned practice of clear-cutting,” or removing full swaths of forest, which Enviva has publicly denied. The report further revealed that two former senior Enviva executives “unequivocally stated that [the Company] sources wood from clear-cutting.”
On this news, Enviva’s stock fell as much as 20.5% during intraday trading on October 12, 2022, thereby injuring investors.
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If you purchased Enviva securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20221012005938/en/
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
