RADNOR, Pa., Jan. 11, 2023 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is notifying investors that a securities class action lawsuit has been filed against Enovix Corporation (“Enovix”) in the United States District Court for the Northern District of California ENVX w/k/a Rodgers Silicon Valley Acquisition Corp. The lawsuit alleges that Enovix violated federal securities laws, including omissions and fraudulent misrepresentation regarding the company’s business, operations and prospects. As a result of Enovix’s materially misleading public statements and omissions, investors in Enovix have suffered significant losses.

CLICK HERE TO SUBMIT YOUR ENOVIX LOSSES. YOU CAN ALSO CLICK OR COPY AND PASTE THE FOLLOWING LINK INTO YOUR BROWSER: https://www.ktmc.com/new-cases/enovix-corporation?utm_source=PR&utm_medium=link&utm_campaign=envx&mktm=r

TO SEE OUR VIDEO PLEASE CLICK HERE

LIMIT FOR THE PLAINTIFF: MARCH 7, 2023

COURSE PERIOD: FEBRUARY 22, 2021 TO JANUARY 3, 2023

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at (484) 270-1453 or email at info@ktmc.com

Kessler Topaz is one of the world’s leading advocates for protecting the public from corporate fraud and other wrongdoing. Our securities fraud litigators are consistently recognized individually as leaders in the field, and our firm is feared and respected by both the defense and the Insurance Board. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

ALLEGED MISCONDUCT BY ENOVIX
Enovix claims to design, develop and manufacture silicon anode lithium-ion batteries using a proprietary 3D cell architecture, which Enovix says allows its batteries to achieve higher energy densities. On July 14, 2021, Enovix was formally acquired by Rodgers Silicon Valley Acquisition Corp., a special purpose acquisition company. Just months before the merger, Enovix received key equipment to…