Among those named in the suit are directors, officers, auditors and underwriters of the company.Lion Electric obtained protection from its creditors in December and is seeking a buyer with a restructuring plan that would focus only on school buses and return all manufacturing to Quebec.
The allegations in the class action, which was filed with the Quebec Superior Court in Montreal on Friday, have not been tested and the lawsuit has not yet been authorized.
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Lion Electric wasn’t immediately available for comment.