SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Velodyne Lidar, Inc. (VLDR) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

By Benzinga5 days ago

PHILADELPHIA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Velodyne Lidar, Inc. (“Velodyne“) (NASDAQ:VLDR) on behalf of the company's investors.

On September 29, 2020, Velodyne combined with Graf Industrial Corp., a subsidiary of a publicly traded special purpose acquisition company (“SPAC“). As a result of this business combination, Velodyne began trading as a public company on the NASDAQ on September 30, 2020.

On February 22, 2021, the Company issued a press release announcing that it had removed its founder and Chairman of the Board David Hall and its Chief Marketing ...

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