Rekor Systems, Inc. f/k/a Novume Solutions, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Rekor Systems, Inc. f/k/a Novume Solutions, Inc. (NASDAQ: REKR, NVMM) between April 12, 2019 and May 25, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 30, 2021.

If you purchased Rekor securities between April 12, 2019 and May 25, 2021 and would like to join the action, please click “Join This Class Action.”

If you purchased Rekor securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.


According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • Rekor’s automatic license plate recognition (“ALPR”) technology and uninsured vehicle enforcement diversion (“UVED”) related business are outclassed by global competitors with an established, dominant market share;
  • it was unlikely that states would pass legislation authorizing deals similar to Rekor’s Oklahoma UVED partnership because of, inter alia, state and local privacy laws and related public concerns;
  • Rekor’s UVED partnership was not as profitable as defendants had led investors to believe because of known impediments to enrollment rates and costs associated with the partnership;
  • accordingly, Rekor had overstated its potential revenues, profitability, and overall ALPR and UVED related business prospects; and
  • as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

公司名称: Rekor Systems, Inc. f/k/a Novume Solutions, Inc.
股票代号: REKR, NVMM
集体诉讼期: April 12, 2019 through May 25, 2021
法院: United States District Court for the District of Maryland


自 2013 年以来,罗森律师事务所每年都是代表投资者成功提起证券集体诉讼的前四大律所之一。仅 2019 年,本律所就为投资者追回 4.38 亿美元资金。


机构股东服务公司按 2017 年证券集体诉讼索赔数量,罗森律师事务所列为第一名。