Trending...
- New Rochelle: Department of Parks & Recreation Announces Summer Programming in Neighborhood Parks
- New Rochelle: Joint Campaign Launched for Earth Month
- BET Remembers Hip-Hop Icon DMX With Special Linear Programming Today Starting At 6PM/5C
NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against AgEagle Aerial Systems, Inc. (NYSE: UAVS) on behalf of AgEagle stockholders. Our investigation concerns whether AgEagle has violated the federal securities laws and/or engaged in other unlawful business practices.
Click here to participate in the action.
On February 18, 2021, Bonitas Research published a report alleging, among other things, that AgEagle "was a pump & dump scheme orchestrated by Alpha Capital Anstalt ('Alpha Capital'), AgEagle founder and former chairman Bret Chilcott and other UAVS insiders to defraud US investors." The report also alleged that "in April 2020 rumor of a partnership between Amazon . . . & AgEagle was started by a promotional video uploaded to AgEagle's founder and former chairman Bret Chilcott's daughter's personal website and youtube account" but that "we have found no evidence of any 'major e-commerce customer.'" In mid-2020, AgEagle received over $23 million in proceeds from registered direct offerings. Then, in fourth quarter 2020, an Amazon spokesperson stated that the company does not have any dealings with AgEagle whatsoever.
More on Nyenta.com
On this news, AgEagle's stock price fell $5.13, or 36.4%, on February 18, 2021, damaging investors.
If you purchased or otherwise acquired AgEagle shares and suffered a loss, are a long term stockholder, have information, 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 Brandon Walker, Melissa Fortunato, or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Click here to participate in the action.
On February 18, 2021, Bonitas Research published a report alleging, among other things, that AgEagle "was a pump & dump scheme orchestrated by Alpha Capital Anstalt ('Alpha Capital'), AgEagle founder and former chairman Bret Chilcott and other UAVS insiders to defraud US investors." The report also alleged that "in April 2020 rumor of a partnership between Amazon . . . & AgEagle was started by a promotional video uploaded to AgEagle's founder and former chairman Bret Chilcott's daughter's personal website and youtube account" but that "we have found no evidence of any 'major e-commerce customer.'" In mid-2020, AgEagle received over $23 million in proceeds from registered direct offerings. Then, in fourth quarter 2020, an Amazon spokesperson stated that the company does not have any dealings with AgEagle whatsoever.
More on Nyenta.com
- Paradigm Technology Group Joins The Evolve IP Partner Program
- Delirious Comedy Club Presents Pauly Shore Every Friday Night In April
- New Rochelle: FEMA Announces Financial Assistance for COVID-19 Funeral Expenses
- PADT Named EOS Metal 3D Printing Distribution Partner Across the Southwest, Expanding its Established Additive Manufacturing Products Offering
- Book Release - Joab, King David's Top General: Essential Lessons on Character"
On this news, AgEagle's stock price fell $5.13, or 36.4%, on February 18, 2021, damaging investors.
If you purchased or otherwise acquired AgEagle shares and suffered a loss, are a long term stockholder, have information, 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 Brandon Walker, Melissa Fortunato, or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Filed Under: Business
0 Comments
Latest on Nyenta.com
- AdvisorSmith Finds the Average Price of Renters Insurance
- Deb Hoffmann, Guinness World Record Holder for Largest Winnie the Pooh Collection, Shatters 20,000-Item Ceiling
- Post-Merged Entity of Helbiz and GreenVision Acquisition Corp to Appoint Four New Members to its Board of Directors
- Histria Books announces the release of Molly – A Love Story to help support animal shelters
- Floating Solar Panels Market Analysis, Leading Players, Growth and Future Scope
- ATC Healthcare Services Launches Times Square Pop-Up Vaccine Clinic Staffed by Laid-Off Broadway Workers
- Author's Stunning Coming of Age Novel Wins Multiple Literary Awards
- Flashpoint's Unrivaled Innovation Extends Threat Intelligence Suite with Two New Products
- Handy Announces Partnership with Savvy
- JetQuay Launches Private Swab Test Facility, Halves Custom Clearance Timing
- Booka Announces New Partnership with Caramel Publishing House and Launches Read-to-Me Feature
- S&P Global Ratings Announces Regulatory Website Redesign and Integration
- Interparfums SA Completes the Acquisition of Its Future Headquarters in Paris
- New Rochelle: Never Miss Your Waste Collection Day Again!
- New Rochelle Earth Day Virtual Forum April 22
- New Rochelle Earth Day Virtual Forum April 22
- New Rochelle: Department of Parks & Recreation Announces Summer Programming in Neighborhood Parks
- New Rochelle: Never Miss Your Waste Collection Day Again!
- New Rochelle: Joint Campaign Launched for Earth Month
- New Rochelle: Joint Campaigns Launched for Earth Month