Kaskela Law LLC is investigating Volta Inc. (NYSE: VLTA) on behalf of the company’s former employees.
On August 26, 2021, Tortoise Acquisition Corp. II (“Tortoise”), a publicly traded special purpose acquisition (“SPAC”) company, announced that Tortoise’s stockholders had approved of an acquisition of privately held Volta Industries, Inc. (“Legacy Volta”). Tortoise also announced that, upon the closing of the acquisition, the combined company would be renamed Volta Inc. and its common stock would start trading under ticker symbol NYSE: VLTA.
In connection with the closing of the acquisition, many of Legacy Volta’s executives and employees had their previously held shares/stock options of privately held Legacy Volta converted into shares of publicly traded Volta Inc. (NYSE: VLTA). The investigation seeks to determine whether this share conversion was done in a fair manner and in accordance with the securities laws, or whether former Legacy Volta shareholders were financially harmed in connection with the conversion.
Former Legacy Volta employees who had their shares/stock options of privately held Legacy Volta converted into publicly traded shares of Volta Inc. (NYSE: VLTA) are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, to receive additional information about this investigation and their legal rights and options.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
([email protected])
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750