Shares of Enviva Inc. (NYSE: EVA) declined from $48.68 per share on February 06, 2023 to $6.69 per share on May 04, 2023. On September 13, 2023, a NYSE: EVA investor filed a lawsuit against Enviva, Inc. over alleged violations of securities laws. The plaintiff alleges that defendants made false and/or misleading statements and/or failed to disclose material information about the financial condition of Enviva, including its earnings before interest, taxes, depreciation, and amortization and net loss forecasts, liquidity position, capital allocations, operation costs, productivity, and the impact of these metrics on Enviva's ability to continue paying dividends in 2023.