SHAREHOLDER ALERT: Levi & Korsinsky Notifies Shareholders of Eos Energy Enterprises, Inc.(EOSE) of a Class Action Lawsuit and an Upcoming Deadline

PRESS RELEASE
Published August 28, 2023

NEW YORK, NY / ACCESSWIRE / August 28, 2023 / Levi & Korsinsky, LLP notifies investors in Eos Energy Enterprises, Inc. ("Eos" or the "Company") (NASDAQ:EOSE) of a class action securities lawsuit.

The lawsuit on behalf of Eos investors has been commenced in the United States District Court for the District of New Jersey. Affected investors purchased or otherwise acquired certain Eos Energy Enterprises, Inc. securities between May 9, 2022 and July 27, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/eos-lawsuit-submission-form?prid=45071&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Eos Energy Enterprises, Inc. NEWS - EOSE NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Bridgelink Commodities, LLC ("Bridgelink") is connected to a group whose assets were seized by a creditor and sold in an auction; (2) as such, Bridgelink's commitment and ability to purchase Eos products was not as secure as Eos had led investors to believe; (3) as such, Eos's backlog was overstated; (4) such overstatement negatively impacts Eos's ability to secure a loan from the Department of Energy; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Eos during the relevant timeframe, you have until October 2, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://zlk.com/pslra-1/eos-lawsuit-submission-form?prid=45071&wire=1 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/777602/SHAREHOLDER-ALERT-Levi-Korsinsky-Notifies-Shareholders-of-Eos-Energy-Enterprises-IncEOSE-of-a-Class-Action-Lawsuit-and-an-Upcoming-Deadline

ACCESSWIRE

News network reaching more than 1,500 media outlets in 98 countries. The newest, fastest-growing and most disruptive newswire available today.