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Shareholders who lost money in shares of Hyliion Holdings Corp. (NYSE:HYLN) should contact Wolf Haldenstein Immediately

  • Wolf Haldenstein Adler Freeman & Herz LLP filed a securities class action lawsuit against Hyliion Holdings Corp. in the US District Court for the Western District of Texas.
  • The class period covers investors who purchased Hyliion shares between May 12, 2026, and June 23, 2026.
  • The lead plaintiff deadline is set for October 27, 2026.
  • The complaint alleges Hyliion misrepresented the VFG Holdings partnership announced on May 12, 2026, which involved potential data-center power deployments.
  • Hyliion stock rose sharply following the May announcement regarding the Letter of Intent with VFG.
  • On June 23, 2026, Pelican Way Research published a report questioning VFG's operational & financial substance to execute the deal.
  • Hyliion stock fell $1.27 (17.2%) on June 23, 2026, followed by an additional $1.18 drop (19.3%) on June 24, closing at $4.92 per share.
  • The law firm states there is no cost or obligation for investors to contact them regarding the investigation.