NEW YORK, Oct. 14, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in Enviva, Inc. (“Enviva” or the “Company”) (NYSE: EVA). Those investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, extension 7980.

The investigation concerns whether Enviva and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

[Click here for information about joining the class action]

On October 12, 2022, Blue Orca Capital (“Blue Orca”) released a report on Enviva. Among other claims, the Blue Orca report states that “newly discovered data suggests . . . the company is blatantly greenwashing its wood sourcing,” calling Enviva’s claims of being a pure ESG company “nonsense in every way” and “a product of deranged European climate subsidies that incentivize the destruction of American forests so that European energy companies can tick a bureaucratic box.”

As a result of this news, Enviva stock price fell sharply during intraday trading on October 12, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading law firms specializing in corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, best known as Dean of the Class Bar Association, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of victims of securities fraud, fiduciary breaches and corporate wrongdoing. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomlaw.com.

CONTACT:
Robert S Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980