Pomerantz Appointed Lead Counsel in Embark Technology Securities Litigation

On July 7, 2022, U.S. District Judge Jacqueline Scott Corley of the Northern District of California (San Francisco Division) appointed Pomerantz LLP as Lead Counsel on behalf of Tyler hardy, the Lead Plaintiff, and the class, in Hardy v. Embark Technology, Inc., 22-cv-2090 (N.D. Cal.). This securities action alleges that Embark Technology, Inc. failed to perform adequate due diligence related to its merger with Embark Trucks Inc. (“Legacy Embark”) (the “Business Combination”) and overstated the business and financial prospects of the Company. Embark develops self-driving software solutions for the trucking industry in the U.S., including autonomous trucking…