Wohl & Fruchter LLP Notice: Class Action Lawsuit Filed on Behalf of Shareholders of Volta, Inc. in the U.S. District Court for the Southern District of New York

MONSEY, N.Y., April 18, 2023 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on February 21, 2023, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Belcher v. Volta, Inc. et al., Case No. 23-cv-01406-JSR, on behalf of a class (“Class”) of individuals and entities that held common stock of Volta, Inc. (“Volta”) as of the close of business on February 17, 2023 (“Class Period”), the record date for Volta common shareholders eligible to vote on the proposed merger (“Merger”) of Volta and Shell USA, Inc., asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and Securities and Exchange Commission Rule 14a-9 promulgated thereunder, as well as claims under Delaware law, in connection with the Merger.

Investors are hereby notified that not later than 60 days after the date of this notice, any member of the purported Class may move the Court to serve as lead plaintiff of the purported Class in this action.

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.

About Wohl & Fruchter
Wohl & Fruchter LLP, with offices in New York City and Monsey, has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Wohl & Fruchter LLP
Joshua E. Fruchter
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