Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to firstname.lastname@example.org.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at email@example.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
1800 Century Park East, Suite 600
Los Angeles, CA 90067
CF Finance Acquisition Corp. II was a special purpose acquisition company (“SPAC” or “blank check company”) which was formed for the specific purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. CF Finance Acquisition Corp. II and View combined via a business combination with View as the surviving, public entity on March 8, 2021.
It is alleged in this complaint that, throughout the Class Period, View made false and misleading statements and failed to disclose that: (i) View had not properly accrued warranty costs in relation to its product; (ii) there was a material weakness in View’s internal controls in regard to accounting and financial reporting in relation to warranty accrual; (iii) View’s financial results for prior periods were misstated as a result; and (iv) View’s positive statements about it’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis, as result.
View announced on August 16, 2021 that it “began an independent investigation concerning the adequacy of the company’s previously disclosed warranty accrual.” View’s share price fell more than 24% on this news, damaging investors.