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Enovix Corporation (NASDAQ: ENVX) Securities Fraud Class Action

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COMPANY         Enovix Corporation
COURT United States District Court for the Northern District of California
CASE NUMBER 23-cv-00071
JUDGE The Hon. Susan Illston
CLASS PERIOD February 22, 2021 and January 3, 2023

Case Background:

A class action lawsuit has been filed on behalf of those who purchased or acquired Enovix Corporation (“Enovix”) (NASDAQ: ENVX) common stock (f/k/a Rodgers Silicon Valley Acquisition Corp. prior to July 15, 2021) between February 22, 2021 through January 3, 2023, both dates inclusive (the “Class Period”).

The complaint against Enovix alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Enovix’s business and operations. Specifically, the Defendants overstated Enovix’s ability to produce batteries at scale, touting the company’s “meaningful progress” in scaling up its manufacturing ability despite its continued technical issues. As a result of Defendants’ wrongful acts and omissions, and the significant decline in the market value of Enovix’s common stock, Enovix’s investors have suffered significant losses and damages.

Current Status of Case:

The Motion to Dismiss is pending before the Court and awaiting the Court’s ruling. This action is ongoing. 

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or via e-mail at  If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

Please complete this form relating to your transactions for Enovix Corporation (NASDAQ:  ENVX) common stock between February 22, 2021 and January 3, 2023, inclusive (the “Class Period”).

You may also contact Jonathan Naji, Esq. (484) 270-1453; or you may submit your information via email at; or you may click here to print a PDF of this form.

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# of Shares
Price per Share
Principal Amount
Amount Paid
Series or CUSIP
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Enovix Corporation prior to the Class Period?
Are you a current or former employee of Enovix Corporation?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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