SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Proterra Inc. of Class Action Lawsuit and Upcoming Deadline - PTRA

NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Proterra Inc. ("Proterra" or the "Company") (NASDAQ:PTRA) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 23-cv-04528, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Proterra securities between August 11, 2021 and August 7, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.