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EVA.US
id: 409, Created by Stan Vick Chase, Scout

Enviva Partners LP

On October 12, 2022, Enviva Partners (EVA) lost over $0.5 billion of its capitalization after short-seller Blue Orca Capital's report alleging the Company fails to meet its sustainability promises, "troubling cash flows, dangerous leverage, and unsustainable dividend.”


“Ultimately, we think that any legitimate ESG investor or allocator should be embarrassed to own this stock,” Blue Orca said. Later In its statement, Enviva said the Blue Orca report contains “numerous errors, repeats previous unsupported speculation and gross mischaracterizations, and draws specious, misleading conclusions.”


Based on the situation, the EVA's investors have every reason to suspect that their rights have been violated either by the Company and its Leaders or by the Blue Orca affecting the share price.


Alleged Offence
Mismanagement
Misleading Statements
Financial Misrepresentation
Price manipulation
Malpractice
Negligence
Omissions
Suspected Party
Directors
Management
Influencer
Investment Bank
Service Provider
Research Entity
Hedge Fund
Security Type
Stocks
Trade Direction
Long
Shock Event Date
12 October 2022
Collecting participants…
Created by Stan Vick Chase, Scout

Enviva Partners LP

Enviva Inc. produces, processes, and sells utility-grade wood pellets. The company's products are used as a substitute for coal in power generation, and combined heat and power plants. It serves po...

    Ticker
    EVA.US
    ISIN
    US29415B1035
    CIK
    1592057
    Sector
    Basic Materials
    Industry
    Lumber & Wood Production
    Country
    USA
    Address
    7272 Wisconsin Avenue, Bethesda, MD, United States, 20814