HYLN Investor Notice: Johnson Fistel Investigates Hyliion Holdings Corp.
Johnson Fistel announced an investigation into Hyliion Holdings on behalf of investors who suffered losses, triggered by a short report from Pelican Way Research. The report challenged the validity of a non-binding LOI with VFG Holdings, which represented a claimed $133 million in potential revenue against a $400 million-plus pipeline. The investigation focuses on whether Hyliion complied with federal securities laws regarding the disclosure of these commercial agreements.
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