Recent Updates


Class Action Reports

INNV Class Action: Learn About the InnovAge Lawsuit 

Levi & Korsinsky, LLP

October 20, 2021

Levi & Korsinsky, LLP announces that an INNV class action lawsuit has been filed on behalf of investors who purchased InnovAge Holding Inc.  (INNV) This lawsuit is on behalf of persons and entities that purchased or otherwise acquired InnovAge common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s March 2021 initial public offering. For more on the INNV Lawsuit please contact us today.

 

Levi & Kowsinsky Securities Class Action Lawyers

 

According to the InnovAgelawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) certain of InnovAge’s facilities failed to provide covered services, provide accessible and adequate services, manage participants’ medical situations, and oversee the use of specialists; (2) as a result, the Company was reasonably likely to be subject to regulatory scrutiny, including by the Centers for Medicare and Medicaid Services; (3) as a result, there as a significant risk that CMS would suspend new enrollments pending an audit of the Company’s services; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE INNV CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in InnovAge you have until December 13, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

 

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com 


Class Action Reports

ZEV Class Action: Learn About the Lightning Emotors Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ZEV class action lawsuit has been filed on behalf of investors who purchased Lightning Emotors, Inc (ZEV) securities between May 7, 2021, and August 16, 2021. For more on the ZEV Lawsuit please contact us today.

 

Levi & Kowsinsky Securities Class Action Lawyers

 

According to the Lightning Emotors lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company would record a substantially greater net loss per share in the second quarter of 2021 compared to the second quarter of 2020 and would pull its full-year guidance for the remainder of 2021; (ii) accordingly, the Company materially overstated its financial position and/or prospects; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ZEV CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Lightning Emotors you have until December 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

 


Class Action Reports

VIPS Class Action: Learn About the Vipshop Lawsuit

Levi & Korsinsky, LLP

October 14, 2021

Levi & Korsinsky, LLP announces that a VIPS class action lawsuit has been filed on behalf of investors who purchased Vipshop Holdings Ltd. (VIPS) securities between March 22, 2021, and March 29, 2021 For more on the VIPS Lawsuit please contact us today.

 

Levi & Kowsinsky Securities Class Action Lawyers

 

According to the Vipshop lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Goldman Sachs and Morgan Stanley sold a large amount of block of shares during the Class Period while in possession of material, non-public information about Archegos after confidentially learning it was likely failing to meet margin calls. As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.

 

TO LEARN MORE ABOUT THE VIPS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Vipshop you have until December 13, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

EAR Class Action: Learn About the Eargo Lawsuit

Levi & Korsinsky, LLP

October 11, 2021

Levi & Korsinsky, LLP announces that an EAR class action lawsuit has been filed on behalf of investors who purchased Eargo, Inc. (EAR) securities between October 16, 2020, and September 22, 2021. For more on the EAR Lawsuit please contact us today.

 

Levi & Kowsinsky Securities Class Action Lawyers

 

According to the Eargo lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Eargo had improperly sought reimbursements from certain third-party payors; (2) the foregoing was reasonably likely to lead to regulatory scrutiny; (3) as a result and because the reimbursements at issue involved the Company’s largest third-party payor, Eargo’s financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE EAR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Eargo you have until December 6, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

NNOX Class Action: Learn About the Nano-X Lawsuit

Levi & Korsinsky, LLP

October 7, 2021

Levi & Korsinsky, LLP announces that an NNOX class action lawsuit has been filed on behalf of investors who purchased Nano-X Imaging Ltd.(NNOX) securities between June 17, 2021, and August 18, 2021. For more on the NNOX Lawsuit please contact us today.

 

Levi & Kowsinsky Securities Class Action Lawyers

 

According to the Nano-X lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Nano-X’s 510(k) application for the Nanox.ARC was deficient; (ii) accordingly, it was unlikely that the Food and Drug Administration would approve the 510(k) application for the Nanox.ARC in its current form; (iii) as a result, NanoX had overstated the Nanox.ARC’s regulatory and commercial prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NNOX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Nano-X you have until December 6, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HYZN Class Action: Learn About the Hyzon Motors Lawsuit

Levi & Korsinsky, LLP

October 6, 2021

Levi & Korsinsky, LLP announces that an HYZN class action lawsuit has been filed on behalf of investors who purchased Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation (HYZN) securities between February 9, 2021, and September 27, 2021. For more on the HYZN Lawsuit please contact us today.

 

 

 

According to the Hyzon Motors lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Hyzon was misrepresenting the nature of its “customer” contracts and severely embellished its “deals” and “partnerships” with customers; (2) Hyzon could not deliver its announced vehicles in 2021, on its stated timeline; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE HYZN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Hyzon Motors you have until November 29, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

 


Class Action Reports

APPH Class Action: Learn About the AppHarvest Lawsuit

Levi & Korsinsky, LLP

October 1, 2021

Levi & Korsinsky, LLP announces that an APPH class action lawsuit has been filed on behalf of investors who purchased AppHarvest, Inc.  (APPH) securities between May 17, 2021, and August 10, 2021. For more on the APPH Lawsuit please contact us today.

 

Levi & Kowsinsky Securities Class Action Lawyers

 

According to the AppHarvest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) AppHarvest lacked sufficient training for its recently expanded labour force; (2) as a result, the Company could not produce Grade No. 1 tomatoes consistently; (3) as a result, the Company’s financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE APPH CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in AppHarvest you have until November 23, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HNST Class Action: Learn About the The Honest Company Lawsuit 

Levi & Korsinsky, LLP

September 21, 2021

Levi & Korsinsky, LLP announces that an HNST class action lawsuit has been filed on behalf of investors who purchased The Honest Company, Inc.  (HNST) This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Honest common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s May 2021 initial public offering. For more on the HNST Lawsuit please contact us today.

 

 

 

According to The Honest Companylawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) prior to the Initial Public Offering (“IPO”), the Company’s results had been significantly impacted by a multimillion-dollar COVID-19 stock-up for products in the Diapers and Wipes category and Household and Wellness category; (2) at the time of the IPO, the Company was experiencing decelerating demand for such products; (3) as a result, the Company’s financial results would likely be adversely impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE HNST CLASS ACTION LAWSUIT, CLICK HERE 

 

If you suffered a loss in The Honest Company  you have until November 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

Levi & Korsinsky Securities Class Action Lawfirm

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com


Class Action Reports

WDH Class Action: Learn About the Waterdrop Lawsuit 

Levi & Korsinsky, LLP

September 17, 2021

Levi & Korsinsky, LLP announces that a WDH class action lawsuit has been filed on behalf of investors who purchased Waterdrop Inc. (WDH) This lawsuit is on behalf of all persons or entities who purchased Waterdrop American Depositary Shares in or traceable to the Company’s May 2021 initial public offering. For more on the WDH Lawsuit please contact us today.   

 

 

 

According to the Waterdrop lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) Waterdrop had achieved a substantial portion of its historical revenue growth through illicit means that ran afoul of Chinese rules and regulations governing the insurance industry; (b) Waterdrop had been ordered by the Chinese government to shut down its mutual aid platform because of its failure to comply with Chinese law; (c) Waterdrop was under investigation by regulatory authorities for continued violations of Chinese law; (d) as a result of (a)-(c) above, there existed a material undisclosed risk and substantial likelihood that Waterdrop would face severe adverse actions by regulatory authorities following the IPO; (e) Waterdrop’s operating losses had increased more than four-fold in the first quarter of 2021 as a result of the cessation of its mutual aid business and rapidly growing customer acquisition costs; and (f) as a result of (a)-(e) above, the Registration Statement’s representations regarding Waterdrop’s historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company in the lead up to the IPO, were materially false and misleading, and lacked a factual basis.

 

TO LEARN MORE ABOUT THE WDH CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Waterdrop you have until November 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

Levi and Korsinsky

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  


Class Action Reports

SAM Class Action: Learn About the The Boston Beer Company Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SAM class action lawsuit has been filed on behalf of investors who purchased The Boston Beer Company, Inc. (SAM) securities between April 22, 2021, and September 8, 2021. For more on the SAM Lawsuit please contact us today.

 

 

 

According to the Boston Beer Company lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Boston Beer’s hard seltzer sales were decelerating; (2) as a result, Boston Beer was reasonably likely to incur inventory write-offs; (3) the Company was reasonably likely to incur shortfall fees payable to third party brewers; (4) as a result of the foregoing, Boston Beer’s financial results would be adversely impacted; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE SAM CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in The Boston Beer Company you have until November 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky Securities Class Action Lawfirm

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SPPI Class Action: Learn About the Spectrum Pharmaceuticals Lawsuit

Levi & Korsinsky, LLP

September 3, 2021

Levi & Korsinsky, LLP announces that an SPPI class action lawsuit has been filed on behalf of investors who purchased Spectrum Pharmaceuticals, Inc. (SPPI) securities between December 27, 2018, and August 5, 2021 For more on the SPPI Lawsuit please contact us today.

 

 

 

According to the Spectrum Pharmaceuticals lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the ROLONTIS, an investigational granulocyte-colony stimulating factor analogue, manufacturing facility maintained deficient controls and/or procedures; (ii) the foregoing deficiencies decreased the likelihood that the Food and Drug Administration would approve the ROLONTIS biologics license application (“BLA”) in its current form; (iii) Spectrum had therefore materially overstated the ROLONTIS BLA’s approval prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPPI CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Spectrum Pharmaceuticals you have until November 1, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky Securities Class Action Lawfirm

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

KPLT Class Action: Learn About the Katapult Holdings Lawsuit

Levi & Korsinsky, LLP

August 31, 2021

Levi & Korsinsky, LLP announces that a KPLT class action lawsuit has been filed on behalf of investors who purchased Katapult Holdings, Inc. (KPLT) securities between December 18, 2020, and August 10, 2021 For more on the KPLT Lawsuit please contact us today.

 

 

According to the Katapult Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Katapult was experiencing declining e-commerce retail sales and consumer spending, (2) despite Katapult’s assertions that it was clear and compelling value proposition to both consumers and merchants, transforming the way nonprime consumers shop for essential goods and enabling merchant access to this underserved segment, Katapult lacked visibility into its consumers’ future buying behaviour; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE KPLT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Katapult Holdings you have until October 26, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SAVA Class Action: Learn About the Cassava Lawsuit

Levi & Korsinsky, LLP

August 30, 2021

Levi & Korsinsky, LLP announces that a SAVA class action lawsuit has been filed on behalf of investors who purchased Cassava Sciences, Inc.(SAVA) securities between February 2, 2021, and August 24, 2021 For more on the SAVA Lawsuit please contact us today.

 

 

 

According to the Cassava lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (a) the quality and integrity of the scientific data supporting Cassava’s claims for simufilam’s, a small molecule drug designed to treat Alzheimer’s disease, efficacy had been overstated; (b) the scientific data supporting Cassava’s claims for simufilam’s efficacy were biased; and (c) as a result of the foregoing, Defendants’ positive statements during the Class Period about the Company’s business metrics and financial prospects and the likelihood of Food and Drug Administration approval was false and misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE SAVA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Cassava you have until October 26, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Kowsinsky Securities Class Action Lawyers

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HYRE Class Action: Learn About the HyreCar Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an HYRE class action lawsuit has been filed on behalf of investors who purchased HyreCar Inc. (HYRE) securities between May 14, 2021, and August 10, 2021. For more on the HYRE Lawsuit please contact us today.

 

 

 

According to the HyreCar lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) HyreCar had materially understated its insurance reserves; (b) HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (c) HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (d) HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (e) HyreCar had been forced to dramatically reform its claims underwriting, policies and procedures in response to unacceptably high claims severity and customer complaints; and (f) as a result, HyreCar’s operations and prospects were misrepresented because the Company was not on track to meet the financial estimates provided to investors during the Class Period, and such estimates lacked a reasonable basis in fact, including HyreCar’s purported gross margin, EBITDA (earnings before interest, taxes, depreciation, and amortization), and net loss trajectories.

 

TO LEARN MORE ABOUT THE HYRE CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in HyreCar you have until October 26, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

AHCO Class Action: Learn About the AdaptHealth Lawsuit

Levi & Korsinsky, LLP

August 24, 2021

Levi & Korsinsky, LLP announces that an AHCO class action lawsuit has been filed on behalf of investors who purchased AdaptHealth Corp. f/k/a DFB Healthcare Acquisitions Corp. (AHCO) securities between November 11, 2019, and July 16, 2021 For more on the AHCO Lawsuit please contact us today.

 

Levi & Korsinsky

 

According to the AdaptHealth lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) AdaptHealth had misrepresented its organic growth trajectory by retroactively inflating past organic growth numbers without disclosing the changes, in violation of Securities and Exchange Commission regulations; (ii) accordingly, the Company had materially overstated its financial prospects; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE AHCO CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in AdaptHealth you have until September 27, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SESN Class Action: Learn About the Sesen Bio Lawsuit

Levi & Korsinsky, LLP

August 23, 2021

Levi & Korsinsky, LLP announces that a SESN class action lawsuit has been filed on behalf of investors who purchased Sesen Bio, Inc.  (SESN) securities between December 21, 2020, and August 17, 2021 For more on the SESN Lawsuit please contact us today.

 

 

 

According to the Sesen Bio lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Sesen Bio’s clinical trial for its cancer treatment product, Vicineum, had more than 2,000 violations of trial protocol, including 215 classified as “major”; (2) three of Sesen Bio’s clinical investigators were found guilty of “serious noncompliance,” including “back-dating data”; (3) Sesen Bio had submitted the tainted data in connection with the Biologics License Application (“BLA”) for Vicineum; (4) Sesen Bio’s clinical trials showed that Vicineum leaked out into the body, leading to side effects including liver failure and liver toxicity, and increasing the risks for fatal, drug-induced liver injury; (5) as a result of the foregoing, the Company’s BLA for Vicineum was not likely to be approved; (6) as a result of the foregoing, there was a reasonable likelihood that Sesen Bio would be required to conduct additional trials to support the efficacy and safety of Vicineum; and (7) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE SESN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Sesen Bio you have until October 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky Securities Class Action Law Firm

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ATIP Class Action: Learn About the ATI Physical Therapy Lawsuit 

Levi & Korsinsky, LLP

August 20, 2021

Levi & Korsinsky, LLP announces that an ATIP class action lawsuit has been filed on behalf of investors who purchased ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II (ATIP) This lawsuit is on behalf of investors who: (a) purchased or otherwise acquired ATI securities between April 1, 2021, and July 23, 2021, inclusive and/or (b) held FVAC Class A common stock as of May 24, 2021, and were eligible to vote at FVAC’s June 15, 2021, special meeting. For more on the ATIP Lawsuit please contact us today.   

 

 

 

According to the ATI Physical Therapylawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) ATI was experiencing attrition among its physical therapists; (2) ATI faced increasing competition for clinicians in the labour market; (3) as a result of the foregoing, the Company faced difficulties retaining therapists and incurred increased labour costs; (4) as a result of the labour shortage, the Company would open fewer new clinics; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE ATIP CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in  ATI Physical Therapy  you have until  October 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

Levi & Korsinsky Securities Class Action Lawfirm

 

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com 


Class Action Reports

VIEW Class Action: Learn About the View Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a VIEW class action lawsuit has been filed on behalf of investors who purchased View, Inc. f/k/a CF Finance Acquisition Corp. II  (VIEW) securities between November 30, 2020, and August 16, 2021. For more on the VIEW Lawsuit please contact us today.

 

 

 

According to the View lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) View had not properly accrued warranty costs related to its product; (2) there was a material weakness in View’s internal controls over accounting and financial reporting related to warranty accrual; (3) as a result, the Company’s financial results for prior periods were misstated; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE VIEW CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in View you have until October 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ANVS Class Action: Learn About the Annovis Bio Lawsuit

Levi & Korsinsky, LLP

August 19, 2021

Levi & Korsinsky, LLP announces that an ANVS class action lawsuit has been filed on behalf of investors who purchased Annovis Bio, Inc.  (ANVS) securities between May 21, 2021, and July 28, 2021. For more on the ANVS Lawsuit please contact us today.

 

 

According to the Annovis Bio lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Annovis’s ANVS401 (Posiphen), an orally administrated drug that purportedly inhibited the synthesis of neurotoxic proteins that are the main cause of neurodegeneration, did not show statistically significant results across two patient populations as to factors such as orientation, judgement, and problem solving; and (2) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE ANVS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Annovis Bio you have until October 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky Securities Class Action Lawfirm

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

LIVE Class Action: Learn About the Live Ventures Incorporated Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a LIVE class action lawsuit has been filed on behalf of investors who purchased Live Ventures Incorporated (LIVE) securities between December 28, 2016, and August 3, 2021. For more on the LIVE Lawsuit please contact us today.

 

 

According to the Live Ventures Incorporated lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: 1) Live’s earnings per share for FY 2016 was actually only $6.33 per share; (2) the Company used an artificially low share count to boost the earnings per share by 40%; (3) Live had overstated pretax income for fiscal 2016 by 20% by including $915,500 of “other income” related to certain amendments that were not negotiated until after the close of the fiscal year; (4) Live’s acquisition of Appliance Smart did not close during first quarter 2017; (5) using December 30, 2017 as the “acquisition date” and recognizing income therefrom did not conform to generally accepted accounting principles; (6) by falsely stating that the acquisition closed during the quarter, Live recognized bargain purchase gain, which enabled the Company to report positive net income in what would otherwise have been an unprofitable quarter; (7) between fiscal 2016 and fiscal 2018, Live’s CEO received approximately 94% more in compensation than was disclosed to investors; and (8) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE LIVE CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Live Ventures Incorporated you have until October 12, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky Securities Class Action Law Firm

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

YALA Class Action: Learn About the Yalla Group Lawsuit

Levi & Korsinsky, LLP

August 18, 2021

Levi & Korsinsky, LLP announces that a YALA class action lawsuit has been filed on behalf of investors who purchased Yalla Group Limited (YALA) securities between September 30, 2020, and August 9, 2021. For more on the YALA Lawsuit please contact us today.

 

 

 

According to the Yalla Group lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint: the Company overstated its user metrics and revenue and, as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE YALA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Yalla Group you have until October 12, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PHG Class Action: Learn About the Philips Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a PHG class action lawsuit has been filed on behalf of investors who purchased Koninklijke Philips N.V. (PHG) securities between February 25, 2020, and June 11, 2021. For more on the PHG Lawsuit please contact us today.

 

 

 

According to the Philips lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Philips had deficient product manufacturing controls or procedures; (ii) as a result, the Company’s Bi-Level PAP and CPAP devices and mechanical ventilators were manufactured using hazardous materials; (iii) accordingly, the Company’s sales revenues from the foregoing products were unsustainable; (iv) the foregoing also subjected the Company to a substantial risk of a product recall, in addition to potential legal and/or regulatory action; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE PHG CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Philips you have until October 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SLQT Class Action: Learn About the Selectquote Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an SLQT class action lawsuit has been filed on behalf of investors who purchased Selectquote, Inc. (SLQT) securities between February 8, 2021, and May 11, 2021. For more on the SLQT Lawsuit please contact us today.

 

 

 

According to the Selectquote lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) SelectQuote’s 2019 cohort was underperforming; (2) as a result, the Company’s financial results would be adversely impacted; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE SLQT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Selectquote you have until October 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky Securities Class Action Lawfirm

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ITRM Class Action: Learn About the Iterum Therapeutics Lawsuit

Levi & Korsinsky, LLP

August 10, 2021

Levi & Korsinsky, LLP announces that an ITRM class action lawsuit has been filed on behalf of investors who purchased Iterum Therapeutics Plc (ITRM) securities between November 30, 2020, and July 23, 2021 For more on the ITRM Lawsuit please contact us today.

 

 

 

According to the Iterum Therapeutics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the sulopenem New Drug Application (“NDA”) lacked sufficient data to support approval for the treatment of adult women with UTIs caused by designated susceptible microorganisms proven or strongly suspected to be nonsusceptible to a quinolone; (ii) accordingly, it was unlikely that the Food and Drug Administration would approve the sulopenem NDA in its current form; (iii) Defendants downplayed the severity of issues and deficiencies associated with the sulopenem NDA; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ITRM CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Iterum Therapeutics you have until October 4, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ZY Class Action: Learn About the Zymergen  Lawsuit 

Levi & Korsinsky, LLP

August 9, 2021

Levi & Korsinsky, LLP announces that a ZY class action lawsuit has been filed on behalf of investors who purchased Zymergen Inc. (ZY)This lawsuit is on behalf of investors who purchased ZY common stock pursuant and/or traceable to the documents issued in connection with the Company’s April 2021 initial public offering. For more on the ZY Lawsuit please contact us today.

 

 

According to the Zymergen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) during the qualification process for Hyaline, key customers had encountered technical issues, including product shrinkage and incompatibility with customers’ processes; (2) through the qualification process was critical to achieving market acceptance for Hyaline and generating revenue, Zymergen lacked visibility into the qualification process; (3) as a result, the Company overestimated demand for its products; (4) as a result of the foregoing, the Company’s product delivery timeline was reasonably likely to be delayed, which in turn would delay revenue generation; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE ZY CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Zymergen you have until October 4, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

Levi & Korsinsky

 

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  


Class Action Reports

ATVI Class Action: Learn About the Activision Blizzard Lawsuit

Levi & Korsinsky, LLP

August 4, 2021

Levi & Korsinsky, LLP announces that an ATVI class action lawsuit has been filed on behalf of investors who purchased Activision Blizzard, Inc. (ATVI) securities between August 4, 2016 – July 27, 2021. For more on the ATVI Lawsuit please contact us today.

 

 

 

 

According to the Activision Blizzard lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Activision Blizzard discriminated against women and minority employees; (2) Activision Blizzard fostered a pervasive “frat boy” workplace culture that continues to thrive; (3) numerous complaints about unlawful harassment, discrimination and retaliation were made to human resources personnel and executives which went unaddressed; (4) the pervasive culture of harassment, discrimination, and retaliation would result in serious impairments to Activision Blizzard’s operations; (5) as a result of the foregoing, the Company was at greater risk of regulatory and legal scrutiny and enforcement, including that which would have a material adverse effect; (6) Activision Blizzard failed to inform shareholders that the California Department of Fair Employment and Housing had been investigating Activision Blizzard for harassment and discrimination; and (7) as a result, Defendants’ statements about Activision Blizzard’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

 

TO LEARN MORE ABOUT THE ATVI CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Activision Blizzard you have until October 4, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ARDX Class Action: Learn About the Ardelyx Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an ARDX class action lawsuit has been filed on behalf of investors who purchased Ardelyx Inc. (ARDX) securities between August 6, 2020, and July 19, 2021.  For more on the ARDX Lawsuit please contact us today.

 

 

According to the Ardelyx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint: Defendants made materially false and misleading statements regarding tenapanor and the likelihood that it would be approved by the Food and Drug Administration (“FDA”). Defendants possessed, were in control over, and as a result, knew that the data submitted to support the New Drug Application was insufficient in that it showed a lack of clinical relevance of the drug’s treatment effect, making it foreseeably likely that the FDA would not approve the drug.

 

TO LEARN MORE ABOUT THE ARDX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ardelyx you have until September 28, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PLL Class Action: Learn About the Piedmont Lithium Lawsuit

Levi & Korsinsky, LLP

July 27, 2021

Levi & Korsinsky, LLP announces that a PLL class action lawsuit has been filed on behalf of investors who purchased Piedmont Lithium Inc. (PLL) securities between March 16, 2018, and July 19, 2021 For more on the PLL Lawsuit please contact us today.

 

 

 

According to the Piedmont Lithium lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business do not have “strong local government support”; and (5) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE PLL CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Piedmont Lithium you have until September 21, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

OTLY Class Action: Learn About the Oatly Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an OTLY class action lawsuit has been filed on behalf of investors who purchased Oatly Group AB (OTLY) securities between May 20, 2021, and July 15, 2021. For more on the OTLY Lawsuit please contact us today.

 

 

According to the Oatly lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) Oatly overinflated its gross margins, revenue, capital expenditure, and market share financial metrics; (b) the Company overstated its sustainability practices and impact; (c) the Company exaggerated its growth in China; and (c) as a result of the foregoing, Oatly’s statements about its operations, business, and prospects were misleading during the Class Period.

 

TO LEARN MORE ABOUT THE OTLY CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Oatly you have until September 24, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

COIN Class Action: Learn About the Coinbase Global Lawsuit 

Levi & Korsinsky, LLP

July 26, 2021

Levi & Korsinsky, LLP announces that a COIN class action lawsuit has been filed on behalf of investors who purchased Coinbase Global, Inc.(COIN) This lawsuit is on behalf of all persons and entities that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company’s registration statement and prospectus for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021. For more on the COIN Lawsuit please contact us today. 

 

 

According to the Coinbase Globallawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company required a sizeable cash injection; (2) the Company’s platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE COIN CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Coinbase Global you have until September 20, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

Levi and Korsinsky

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  


Class Action Reports

CRMD Class Action: Learn About the CorMedix Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CRMD class action lawsuit has been filed on behalf of investors who purchased CorMedix Inc. (CRMD) securities between July 8, 2020, and May 13, 2021. For more on the CRMD Lawsuit please contact us today.

 

 

According to the CorMedix lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) deficiencies existed with respect to DefenCath’s manufacturing process and/or at the facility responsible for manufacturing DefenCath; (ii) In light of the foregoing deficiencies, the Food and Drug Administration (“FDA”) was unlikely to approve the DefenCath new drug application (“NDA”) for catheter-related bloodstream infections (“CRBSIs”) in its present form; (iii) Defendants had downplayed the true scope of the deficiencies with DefenCath’s manufacturing process and/or at the facility responsible for manufacturing DefenCath; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE CRMD CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in CorMedix you have until September 20, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

BLCT Class Action: Learn About the Bluecity Holdings Lawsuit

Levi & Korsinsky, LLP

July 23, 2021

Levi & Korsinsky, LLP announces that a BLCT class action lawsuit has been filed on behalf of investors who purchased Bluecity Holdings Holdings (BLCT) This lawsuit is on behalf of all persons and entities, other than Defendants, who purchased or otherwise acquired BlueCity American Depositary Shares pursuant and/or traceable to the Offering Documents issued in connection with the Company’s initial public offering conducted on or about July 8, 2020. For more on the BLCT Lawsuit please contact us today.  

According to the Bluecity Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Defendants had overstated BlueCity’s business and financial prospects; (2) the Company was ill-equipped to absorb the costs of becoming a publicly-traded company, including IPO- and growth-related costs; (3) as a result of all the foregoing, Defendants had misrepresented the Company’s capability for sustainable growth; and (4) as a result, the Offering Documents were materially false or misleading and/or failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BLCT CLASS ACTION LAWSUIT, CLICK HERE 

 

If you suffered a loss in Bluecity Holdings you have until September 17, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. 

Levi & korsinsky

 

CONTACT: 

Levi & Korsinsky, LLP 

Joseph E. Levi, Esq. 

55 Broadway, 10th Floor 

New York, NY 10006 

jlevi@levikorsinsky.com 

Tel: (212) 363-7500 

Fax: (212) 363-7171 

www.zlk.com 


Class Action Reports

RCAR Class Action: Learn About the Renovacare Lawsuit

Levi & Korsinsky, LLP

July 19, 2021

Levi & Korsinsky, LLP announces that an RCAR class action lawsuit has been filed on behalf of investors who purchased Renovacare, Inc.(RCAR) securities between August 14, 2017 – May 28, 2021 For more on the RCAR Lawsuit please contact us today.

According to the Renovacare lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) at the direction of Harmel Rayat, RenovaCare engaged in a promotional campaign to issue misleading statements to artificially inflate the Company’s stock price; (2) when the OTC Markets inquired, RenovaCare and Mr Rayat issued a materially false and misleading press release claiming that no director, officer, or controlling shareholder had any involvement in the purported third party’s promotional materials; (3) as a result of the foregoing, the Company’s disclosure controls and procedures were defective; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE RCAR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Renovacare you have until September 14, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SRAC Class Action: Learn About the Stable Road Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an SRAC class action lawsuit has been filed on behalf of investors who purchased Stable Road Acquisition Corp.(SRAC) securities between October 7, 2020, and July 13, 2021. For more on the SRAC Lawsuit please contact us today.

 

 

According to the Stable Road lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) Stable Road’s acquisition target, Momentus’s 2019 test of its key technology, a water plasma thruster, had failed to meet Momentus’s own public and internal pre-launch criteria for success, and was conducted on a prototype that was not designed to generate commercially significant amounts of thrust; (b) the U.S. government had conveyed that it considered Momentus’s Chief Executive Officer a national security threat, jeopardizing his continued leadership of Momentus and Momentus’s launch schedule and business prospects; (c) consequently, the revenue projections and business and operational plans provided to investors regarding Momentus and the commercial viability and timeline of its products were materially false and misleading and lacked a reasonable basis in fact; and (d) Stable Road had failed to conduct appropriate due diligence of Momentus and its business operations and defendants had materially misrepresented the due diligence activities being conducted by Stable Road executives and its sponsor in connection with the merger.

 

TO LEARN MORE ABOUT THE SRAC CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Stable Road you have until September 13, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

QFIN Class Action: Learn About the 360 DigiTech Lawsuit

Levi & Korsinsky, LLP

July 16, 2021

Levi & Korsinsky, LLP announces that a QFIN class action lawsuit has been filed on behalf of investors who purchased 360 DigiTech (QFIN) securities between April 29, 2021, and July 7, 2021. For more on the QFIN Lawsuit please contact us today.

 

According to the 360 DigiTech lawsuits, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had been collecting personal information in violation of relevant People’s Republic of China laws and regulations; (ii) accordingly, 360 DigiTech was exposed to an increased risk of regulatory scrutiny and/or enforcement action; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QFIN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in 360 DigiTech you have until September 13, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

YMM Class Action: Learn About the Full Truck Alliance Lawsuit 

Levi & Korsinsky, LLP

July 14, 2021

Levi & Korsinsky, LLP announces that a YMM class action lawsuit has been filed on behalf of investors who purchased Full Truck Alliance Co. Ltd.(YMM) This lawsuit is on behalf of persons who purchased or otherwise acquired Full Truck’s securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Full Truck’s June 2021 initial public offering. For more on the YMM Lawsuit please contact us today. 

According to the Full Truck Alliance  lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Full Truck’s apps Yunmanman and Huochebang would face an imminent cybersecurity review by the Chinese government; (2) the Chinese government would require Full Truck to suspend new user registration; (3) FTA needed to conduct a “comprehensive self-examination of any cybersecurity risks”; (4) Full Truck needed to “continue to improve its cybersecurity systems and technology capabilities”; and (5) as a result, Defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.

 

TO LEARN MORE ABOUT THE YMM CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Full Truck Alliance you have until September 10, 2021,to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

Levi and Korsinsky

 

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  


Class Action Reports

BZ Class Action: Learn About the Kanzhun Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BZ class action lawsuit has been filed on behalf of investors who purchased Kanzhun Limited (BZ) securities between June 11, 2021, and July 2, 2021. For more on the BZ Lawsuit please contact us today.

 

According to the Kanzhun lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) Kanzhun would face an imminent cybersecurity review by the CAC; (2) the CAC would require Kanzhun to suspend new user registration on its BOSS Zhipin app; (3) Kanzhun needed to “to conduct a comprehensive examination of cybersecurity risks”; (4) Kanzhun needed to “enhance its cybersecurity awareness and technology capabilities”; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE BZ CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Kanzhun you have until September 10, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

LOTZ Class Action: Learn About the CarLotz Lawsuit

Levi & Korsinsky, LLP

July 13, 2021

Levi & Korsinsky, LLP announces that a LOTZ class action lawsuit has been filed on behalf of investors who purchased CarLotz, Inc.(LOTZ) securities between December 30, 2020, and May 25, 2021. For more on the LOTZ Lawsuit please contact us today.

According to the CarLotz lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) due to a surge in inventory during the second half of fiscal 2020, CarLotz was experiencing a “logjam” resulting in slower processing and higher days to sell; (2) as a result, the Company’s gross profit per unit would be negatively impacted; (3) to minimize returns to the corporate vehicle sourcing partner responsible for more than 60% of CarLotz’s inventory, the Company was offering aggressive pricing; (4) as a result, CarLotz’s gross profit per unit forecast was likely inflated; (5) this Company’s corporate vehicle sourcing partner would likely pause consignments to the Company due to market conditions, including increasing wholesale prices; and (6) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE LOTZ CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in CarLotz you have until September 7, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JRVR Class Action: Learn About the James River Group Holdings Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a JRVR class action lawsuit has been filed on behalf of investors who purchased James River Group Holdings, Ltd. (JRVR) securities between August 1, 2019 – May 5, 2021. For more on the JRVR  Lawsuit please contact us today.

 

According to the James River Group Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) James River had not adequately reserved for its Uber policies; (2) James River was using an incorrect methodology for setting reserves that materially understated the Company’s true exposure to Uber claims; (3) as a result, James River was forced to increase its unfavourable reserves in subsequent quarters even after cancelling the Uber policies; and (4) as a result of the foregoing, Defendants’ statements about James River’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE JRVR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in James River Group Holdings you have until September 7, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

DIDI Class Action: Learn About the Didi Global Inc. F/K/A Xiaoju Kuaizhi Lawsuit 

Levi & Korsinsky, LLP

July 9, 2021

Levi & Korsinsky, LLP announces that a DIDI class action lawsuit has been filed on behalf of investors who purchased Didi Global Inc. F/K/A Xiaoju Kuaizhi Inc. (DIDI) This lawsuit is on behalf of persons and entities that purchased or otherwise acquired DiDi American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s June 2021 initial public offering. For more on the DIDI Lawsuit please contact us today. 

 

According to the Didi Global Inc. F/K/A Xiaoju Kuaizhi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) DiDi’s apps did not comply with applicable laws and regulations governing privacy protection and the collection of personal information; (2) as a result, the Company was reasonably likely to incur scrutiny from the Cyberspace Administration of China; (3) the CAC had already warned DiDi to delay its IPO to conduct a self-examination of its network security; (4) as a result of the foregoing, DiDi’s apps were reasonably likely to be taken down from app stores in China, which would have an adverse effect on its financial results and operations; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE DIDI CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Didi Global Inc. F/K/A Xiaoju Kuaizhi you have until September 7 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

Levi and Korsinsky

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  


Class Action Reports

DKNG Class Action: Learn About the DraftKings Inc. Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a DKNG class action lawsuit has been filed on behalf of investors who purchased DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp.  (DKNG) securities between December 23, 2019, and June 15, 2021. For more on the DKNG Lawsuit please contact us today.

 

 

According to the DraftKings Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) SBTech Global Limited (“SBTech”), a company acquired by DraftKings, had a history of unlawful operations; (ii) accordingly, DraftKings’ merger with SBTech exposed the Company to dealings in black-market gaming; (iii) the foregoing increased the Company’s regulatory and criminal risks with respect to these transactions; (iv) as a result of all the foregoing, the Company’s revenues were, in part, derived from unlawful conduct and thus unsustainable; (v) accordingly, the benefits of the Business Combination were overstated; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE DKNG CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in DraftKings Inc. you have until August 31, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

REKR Class Action: Learn About the Rekor Systems, Inc. f/k/a Novume Solutions Lawsuit

Levi & Korsinsky, LLP

July 1, 2021

Levi & Korsinsky, LLP announces that a REKR class action lawsuit has been filed on behalf of investors who purchased Rekor Systems, Inc. f/k/a Novume Solutions, Inc. (REKR) securities between April 12, 2019 – May 25, 2021, For more on the REKR Lawsuit please contact us today.

 

 

According to the Rekor Systems, Inc. f/k/a Novume Solutions lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Rekor’s ALPR technology and UVED-related business are outclassed by global competitors with an established, dominant market share; (ii) 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; (iii) 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; (iv) accordingly, Rekor had overstated its potential revenues, profitability, and overall ALPR- and UVED-related business prospects; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE REKR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Rekor Systems, Inc. f/k/a Novume Solutions you have until August 30, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

RKT Class Action: Learn About the Rocket Companies Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an RKT class action lawsuit has been filed on behalf of investors who purchased Rocket Companies, Inc.  (RKT) securities between February 25, 2021, and May 5, 2021. For more on the RKT Lawsuit please contact us today.

According to the Rocket Companies lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) Rocket’s gain on sale margins were contracting at the highest rate in two years as a result of increased competition among mortgage lenders, an unfavorable shift toward the lower margin Partner Network operating segment and compression in the price spread between the primary and secondary mortgage markets; (b) Rocket was engaged in a price war and battle for market share with its primary competitors in the wholesale market, which was further compressing margins in Rocket’s Partner Network operating segment; (c) the adverse trends identified above were accelerating and, as a result, Rocket’s gain on sale margins were on track to plummet at least 140 basis points in the first six months of 2021; (d) as a result of the above, the favorable market conditions that had preceded the Class Period and allowed Rocket to achieve historically high gain on sale margins had vanished as the Company’s gain on sale margins had returned to levels not seen since the first quarter of 2019; (e) rather than remaining elevated due to surging demand, Rocket’s Company-wide gain-on-sale margins had fallen materially below recent historical averages; and (f) as a result of the foregoing, defendants’ positive statements about the Company’s business operations and prospects were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE RKT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Rocket Companies you have until August 30, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  RKT Stock News and  Rocket Companies Stock information.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ATHA Class Action: Learn About the Athira Pharma Lawsuit

Levi & Korsinsky, LLP

June 29, 2021

Levi & Korsinsky, LLP announces that a ATHA class action lawsuit has been filed on behalf of investors who purchased Athira Pharma, Inc. (ATHA) securities between September 18, 2020 and June 17, 2021 For more on the ATHA Lawsuit please contact us today.

 

According to the Athira Pharma lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the research conducted by Defendant Kawas, which formed the foundation for Athira’s product candidates and intellectual property, was tainted by Kawas’ scientific misconduct, including the manipulation of key data through the altering of Western blot images; and (2) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and omitted material facts necessary in order to make the statements made not misleading.

 

TO LEARN MORE ABOUT THE ATHA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Athira Pharma you have until August 24, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HMPT Class Action: Learn About the Home Point Capital Lawsuit 

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an HMPT class action lawsuit has been filed on behalf of investors who purchased Home Point Capital Inc.(HMPT) common stock pursuant and/or traceable to the Company’s January 29, 2021, initial public offering. For more on the HMPT  Lawsuit please contact us today.

 

According to the Home Point Capitallawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Home Point’s aggressive expansion of its broker partners would dramatically increase the Company’s expenses; (ii) the mortgage industry was anticipating industry-wide decreased gain-on-sale margins as a result of rising interest rates in 2021 and Home Point would be subject to the same competitive pressures; (iii) accordingly, the Company had overstated it’s business and financial prospects; and (iv) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE HMPT CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Home Point Capital you have until  August 20, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

Levi and Korsinsky

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com  

 


Class Action Reports

OCGN Class Action: Learn About the Ocugen Lawsuit

Levi & Korsinsky, LLP

June 21, 2021

Levi & Korsinsky, LLP announces that an OCGN class action lawsuit has been filed on behalf of investors who purchased Ocugen, Inc. (OCGN) securities between February 2, 2021, and June 10, 2021, For more on the OCGN Lawsuit please contact us today.

 

According to the Ocugen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the information submitted to the U.S. Food and Drug Administration (“FDA”) was insufficient to support an Emergency Use Authorization (“EUA”), (ii) Ocugen would not file a EUA with the FDA, (iii) as a result of the foregoing, the Company’s financial statements, as well as Defendants’ statements about Ocugen’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE OCGN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ocugen you have until August 17, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

RLX Class Action: Learn About the RLX Lawsuit

Levi & Korsinsky, LLP

June 17, 2021

Levi & Korsinsky, LLP announces that an RLX class action lawsuit has been filed on behalf of investors who purchased RLX American Depository Shares pursuant or traceable to the documents issued in connection with RLX’s January 2021 initial public stock offering. For more on the RLX Lawsuit please contact us today.

 

According to the RLX lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint: the Company’s then-existing exposure to China’s ongoing campaign to establish a national standard for e-cigarettes, which would bring them into line with ordinary cigarette regulations, and that RLX’s reported financials were not nearly as robust as the offering materials projected, nor were they indicative of future results. As a result, investors purchased RLX shares at artificially inflated prices.

 

TO LEARN MORE ABOUT THE RLX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in RLX you have until August 9, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

NTNX Class Action: Learn About the Nutanix Lawsuit

Levi & Korsinsky, LLP

June 15, 2021

Levi & Korsinsky, LLP announces that an NTNX class action lawsuit has been filed on behalf of investors who purchased Nutanix, Inc. (NTNX) securities between November 30, 2017, and May 30, 2019. For more on the NTNX Lawsuit please contact us today.

 

This securities fraud class action arises from misrepresentations and omissions made by Defendants during the class period intended to misrepresent and/or conceal from investors Nutanix’s rapidly declining sales pipeline and revenue. Among other things, Defendants: 1) knowingly concealed from investors that Nutanix’s purported strong sales hiring was woefully inadequate because a large portion of the Company’s hiring was to replace sales representatives who were leaving, rather than growing the sales force needed to achieve targeted revenue growth; 2) made the undisclosed decision to keep critical spending for lead generation activities “flat” so that Nutanix could divert those funds to the research and development of its public cloud product; and 3) told investors that Nutanix had “experienced record sales productivity”, despite their knowledge to the contrary.

 

TO LEARN MORE ABOUT THE NTNX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Nutanix you have until August 10, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

FREQ Class Action: Learn About the Frequency Therapeutics Lawsuit

Levi & Korsinsky, LLP

June 7, 2021

Levi & Korsinsky, LLP announces that a FREQ class action lawsuit has been filed on behalf of investors who purchased Frequency Therapeutics, Inc.  (FREQ) securities between November 16, 2020 – March 22, 2021. For more on the FREQ Lawsuit please contact us today.

 

According to the Frequency Therapeutics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: According to the filed complaint, during the class period, Frequency Therapeutics, Inc. made materially false and/or misleading statements and/or failed to disclose that: the Company’s Phase 2a trial results failed to live up to the Company’s expectations as the results revealed no discernable difference between FX-322 and the placebo. In spite of the disappointing results, the Company continued to conduct the Phase 2a study while releasing positive statements in earnings calls, press releases, SEC filings, and pharmaceutical presentations about FX-322’s potential. These statements materially misled the market and artificially inflated the value of Frequency’s common stock.

 

TO LEARN MORE ABOUT THE FREQ CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Frequency Therapeutics you have until August 2, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SPCE Class Action: Learn About the Virgin Galactic Lawsuit

Levi & Korsinsky, LLP

June 2, 2021

Levi & Korsinsky, LLP announces that an SPCE class action lawsuit has been filed on behalf of investors who purchased Virgin Galactic Holdings, Inc. (SPCE) securities between October 26, 2019, and April 30, 2021. For more on the SPCE Lawsuit please contact us today.

 

According to the Virgin Galactic lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) for accounting purposes, Social Capital Hedosophia Holdings Corp.’s (“SCH”) warrants were required to be treated as liabilities rather than equities; (ii) Virgin Galactic had deficient disclosure controls and procedures and internal control over financial reporting; (iii) as a result, the Company improperly accounted for SCH warrants that were outstanding at the time of the business combination; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPCE CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Virgin Galactic you have until July 27, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

WPG Class Action: Learn About the Washington Prime Group, Inc. Lawsuit

Levi & Korsinsky, LLP

May 26, 2021

Levi & Korsinsky, LLP announces that a WPG class action lawsuit has been filed on behalf of investors who purchased Washington Prime Group, Inc.  (WPG) securities between November 5, 2020, and March 4, 2021. For more on the WPG Lawsuit please contact us today

 

According to the Washington Prime Group, Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) WPG’s financial condition was deteriorating substantially; (2) as a result, there was substantial uncertainty about the Company’s ability to meet its capital structure obligations as they become due; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE WPG CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Washington Prime Group, Inc. you have until July 23, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PRVB Class Action: Learn About the Provention Bio Lawsuit

Levi & Korsinsky, LLP

May 25, 2021

Levi & Korsinsky, LLP announces that a PRVB class action lawsuit has been filed on behalf of investors who purchased Provention Bio, Inc. (PRVB) securities between November 2, 2020 – April 8, 2021. For more on the PRVB Lawsuit please contact us today.

 

According to the Provention Bio lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the teplizumab Biologics License Application (“BLA”) was deficient in its submitted form and would require additional data to secure U.S. Food and Drug Administration approval; (ii) accordingly, the teplizumab BLA lacked the evidentiary support the Company had led investors to believe it possessed; (iii) the Company had thus overstated the teplizumab BLA’s approval prospects and hence the commercialization timeline for teplizumab; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE PRVB CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Provention Bio you have until July 20, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

UI Class Action: Learn About the Ubiquiti Lawsuit

Levi & Korsinsky, LLP

May 24, 2021

Levi & Korsinsky, LLP announces that a UI class action lawsuit has been filed on behalf of investors who purchased Ubiquiti Inc. (UI) securities between January 11, 2021, and March 20, 2021. For more on the UI Lawsuit please contact us today.

 

According to the Ubiquiti lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had downplayed the data breach in January 2021; (2) attackers had obtained administrative access to Ubiquiti’s servers and obtained access to, among other things, all databases, all user database credentials, and secrets required to forge single sign-on (SSO) cookies; (3) as a result, intruders already had credentials needed to remotely access Ubiquiti’s customers’ systems; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE UI CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ubiquiti you have until July 19, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

WISH Class Action: Learn About the Contextlogic Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a WISH class action lawsuit has been filed on behalf of investors who purchased Contextlogic Inc.(WISH) securities between December 16, 2020, and May 12, 2021. For more on the WISH Lawsuit please contact us today.

 

According to the Contextlogic lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: In the registration statement and prospectus used to conduct the initial public offering and throughout the class period, defendants made materially false and misleading statements about the strength of ContextLogic’s business operations and financial prospects by overstating its then-present monthly active users (“MAUs”) and MAU growth trends.

 

TO LEARN MORE ABOUT THE WISH CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Contextlogic you have until July 16, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ARRY Class Action: Learn About the Array Tech Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an ARRY class action lawsuit has been filed on behalf of investors who purchased Array Technologies, Inc. (ARRY) securities between October 14, 2020, and May 11, 2021, For more on the ARRY Lawsuit please contact us today.

 

According to the Array Tech lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Defendants repeatedly and consistently painted a materially misleading picture of the Company’s business and prospects that did not reflect rising steel and freight costs. After the October 2020 initial public offering, the December 2020 offering and the March 2021 offering, and subsequent to the class period, Array disclosed that it was experiencing increases in steel prices and substantial increases in the cost of both ocean and truck freight that in turn were having a material impact on its margins for the foreseeable future. This caused Array to miss profit expectations and withdraw its full-year outlook. As a result of Defendants’ wrongful acts and omissions and the precipitous decline in the market value of the Company’s securities, shareholders have suffered significant losses and damages.

 

TO LEARN MORE ABOUT THE ARRY CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Array Tech you have until July 13, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

DNMR Class Action: Learn About the Danimer Scientific Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a DNMR class action lawsuit has been filed on behalf of investors who purchased Danimer Scientific, Inc. (DNMR) securities between October 5, 2020, and May 4, 2021. For more on the DNMR Lawsuit please contact us today.

 

 

According to the Danimer Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations’ size and regulatory compliance; (iii) Defendants had overstated Nodax’s biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE DNMR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Danimer Scientific you have until July 13, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ATER Class Action: Learn About the Aterian Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an ATER class action lawsuit has been filed on behalf of investors who purchased Aterian, Inc.(ATER) securities between December 1, 2020, and May 3, 2021. For more on the ATER Lawsuit please contact us today.

 

According to the Aterian lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s organic growth is plummeting; (ii) the Company’s recent, self-lauded acquisitions were overpayments for flawed assets from questionable sources; (iii) Aterian’s purported artificial intelligence software is a flawed product that lacks customer interest; (iv) Aterian uses rebate programs and paid or artificial reviews to pump up their product offerings; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ATER CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Aterian you have until July 12, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PCT Class Action: Learn About the PureCycle Lawsuit

Levi & Korsinsky, LLP

May 17, 2021

Levi & Korsinsky, LLP announces that a PCT class action lawsuit has been filed on behalf of investors who purchased PureCycle Technologies, Inc. (PCT) securities between November 16, 2020, and May 5, 2021. For more on the PCT Lawsuit please contact us today.

 

According to the PureCycle lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the technology PureCycle licensed from Procter & Gamble is not proven and presents serious issues even at lab scale; (ii) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology are significant; (iii) PureCycle’s financial projections are baseless; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE PCT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in PureCycle you have until July 12, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SKLZ Class Action: Learn About the Skillz Inc Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an SKLZ class action lawsuit has been filed on behalf of investors who purchased Skillz Inc. f/k/a Flying Eagle Acquisition Corp. (SKLZ) securities between December 16, 2020, and April 19, 2021. For more on the SKLZ Lawsuit please contact us today.

 

According to the Skillz Inc lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose those: Representations relating to certain of Skillz’s business operations, performance metrics and ultimate valuation, including, among others, Skillz’s ability to attract new end-users, future profitability, the shrinking popularity of its hosted games that accounted for 88% of its revenue, and the Company’s valuation. For example, one of the Company’s objectively unrealistic promises included the unsupportable claim that the Company was valued at $3.5 billion, based on revenue projections in excess of $550 million for 2022. However, the Company failed to inform investors that downloads of the games that account for a majority share of its revenue have been declining since at least November 2020. In reality, the Company’s prospects for attaining that revenue scale was far from realistic given its size, market share, reliance on third-party app stores, declining downloads of its most popular games and, critically, the enormous amount of incentive Bonus Payments that Skillz routinely provides to its gamer customers, a fact that investors were misled about. These Bonus Payments are routinely provided to its customers, who are expected to use them for game entry fees, which, in turn, artificially inflates Skillz revenue.

 

TO LEARN MORE ABOUT THE SKLZ CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Skillz Inc you have until July 7, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CCIV Class Action: Learn About the Churchill Capital Lawsuit

Levi & Korsinsky, LLP

May 10, 2021

Levi & Korsinsky, LLP announces that a CCIV class action lawsuit has been filed on behalf of investors who purchased Churchill Capital Corp IV (CCIV) securities between January 11, 2021, and February 22, 2021. For more on the CCIV Lawsuit please contact us today.

 

According to the Churchill Capital lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Lucid was not prepared to deliver vehicles by spring of 2021; (2) Lucid was projecting production of 557 vehicles in 2021 instead of the 6,000 vehicles touted in the run-up to the merger with Churchill; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

 

TO LEARN MORE ABOUT THE CCIV CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Churchill Capital you have until June 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CCXI Class Action: Learn About the ChemoCentryx Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CCXI class action lawsuit has been filed on behalf of investors who purchased ChemoCentryx, Inc. (CCXI) securities between November 26, 2019, and May 3, 2021. For more on the CCXI Lawsuit please contact us today.

 

According to the ChemoCentryx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the study design of the Phase III ADVOCATE trial presented issues about the interpretability of the trial data to define a clinically meaningful benefit of avacopan and its role in the management of ANCA-associated vasculitis; (2) the data from the Phase III ADVOCATE trial raised serious safety concerns for avacopan; (3) these issues presented a substantial concern regarding the viability of ChemoCentryx’s New Drug Application (“NDA”) for avacopan for the treatment of ANCA-associated vasculitis; and (4) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE CCXI CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in ChemoCentryx you have until July 6, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PTON Class Action: Learn About the Peloton Lawsuit

Levi & Korsinsky, LLP

May 5, 2021

Levi & Korsinsky, LLP announces that a PTON class action lawsuit has been filed on behalf of investors who purchased Peloton Interactive, Inc.  (PTON) securities between September 11, 2020, and April 16, 2021. For more on the PTON Lawsuit please contact us today.

 

According to the Peloton lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) in addition to the tragic death of a child, Peloton’s Tread+ had caused a serious safety threat to children and pets as there were multiple incidents of injury to both; (2) safety was not a priority to Peloton as defendants were aware of serious injuries and death resulting from the Tread+, yet did not recall or suggest a halt of the use of the Tread+; (3) as a result of the safety concerns, the U.S. Consumer Product Safety Commission (“CPSC”) declared that the Tread+ posed a serious risk to public health and safety and urgently recommended that consumers with small children cease using the Tread+; (4) the CPSC also found a safety threat to Tread+ users if they lost their balance; and (5) as a result of the foregoing, defendants’ statements about Peloton’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE PTON CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Peloton you have until June 28, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

VRUS Class Action: Learn About the Verus International Lawsuit

Levi & Korsinsky, LLP

April 27, 2021

Levi & Korsinsky, LLP announces that a VRUS class action lawsuit has been filed on behalf of investors who purchased Verus International, Inc. (VRUS) securities between June 17, 2019, and November 8, 2020. For more on the VRUS Lawsuit please contact us today.

 

According to the Verus International lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Verus lacked the requisite resources, infrastructure and/or expertise to exploit its Big League Foods brand and its MLB license; (ii) the Company issues in production ramp-up were not fully resolved to enable the Company to fulfil customer orders; (iii) as a result, the Company’s prospects and outlook were not as represented; (iv) the Company’s internal controls for financial reporting and accounting were not sufficient with specific respect to stock-based compensation and classification of equity instruments; (v) as a result, the Company’s financial results, outlook and prospects were materially worse than represented; and (vi) as a result of the foregoing, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE VIRUS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Verus International you have until June 22, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SOS Class Action: Learn About the SOS Limited Lawsuit

Levi & Korsinsky, LLP

April 23, 2021

Levi & Korsinsky, LLP announces that an SOS class action lawsuit has been filed on behalf of investors who purchased SOS Limited (SOS) securities between July 22, 2020 – February 25, 2021. For more on the SOS Lawsuit please contact us today.

 

According to the SOS Limited lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) SOS had misrepresented the true nature, location, and/or existence of at least one of the principal executive offices listed in its SEC filings; (ii) HY and FXK were either undisclosed related parties and/or entities fabricated by the Company; (iii) the Company had misrepresented the type and/or existence of the mining rigs that it claimed to have purchased; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SOS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in SOS Limited you have until June 1, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

RMO Class Action: Learn About the Romeo Power Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an RMO class action lawsuit has been filed on behalf of investors who purchased Romeo Power, Inc. (RMO) securities between October 5, 2020, and March 30, 2021. For more on the RMO Lawsuit please contact us today.

 

According to the Romeo Power lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Romeo had only two battery cell suppliers, not four, (ii) the future potential risks that Defendants warned of concerning supply disruption or shortage had already occurred and were already negatively affecting Romeo’s business, operations and business prospects, (iii) Romeo did not have the battery cell inventory to accommodate end-user demand and ramp up production in 2021, (iv) Romeo’s supply constraint was a material hindrance to Romeo’s revenue growth, and (v) Romeo’s supply chain for battery cells was not hedged, but in fact, was totally at risk and beholden to just two battery cell suppliers and the spot market for their 2021 inventory. Given the supply constraint that Romeo was experiencing during the Class Period, Defendants had no reasonable basis to represent that the Company had the ability to meet customer demand and that it would support growth in revenue in 2021.

 

TO LEARN MORE ABOUT THE RMO CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Romeo Power you have until June 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi and Korsinsky

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

EBS Class Action: Learn About the Emergent Bio Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an EBS class action lawsuit has been filed on behalf of investors who purchased Emergent Biosolutions Inc. (EBS) securities between July 6, 2020, and March 31, 2021. For more on the EBS Lawsuit please contact us today.

 

According to the Emergent Bio lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Emergent’s Baltimore plant had a history of manufacturing issues increasing the likelihood for massive contaminations; (ii) these longstanding contamination risks and quality control issues at Emergent’s facility led to a string of FDA citations; (iii) the Company previously had to discard the equivalent of millions of doses of COVID-19 vaccines after workers at the Baltimore plant deviated from manufacturing standards; and (iv) as a result of the foregoing, Defendants’ public statements about Emergent’s ability and capacity to mass manufacture multiple COVID-19 vaccines at its Baltimore manufacturing site were materially false and/or misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE EBS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Emergent Bio you have until June 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ACAD Class Action: Learn About the Acadia Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an ACAD class action lawsuit has been filed on behalf of investors who purchased Acadia Pharmaceuticals Inc. (ACAD) securities between June 15, 2020, and April 4, 2021. For more on the ACAD Lawsuit please contact us today.

 

According to the Acadia lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the materials submitted in support of the pimavanserin sNDA contained statistical and design deficiencies; (ii) accordingly, the pimavanserin sNDA lacked the evidentiary support that the Company had led investors to believe it possessed; (iii) the FDA was unlikely to approve the pimavanserin sNDA in its present form; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ACAD CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Acadia you have until June 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CS Class Action: Learn About the Credit Suisse Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CS class action lawsuit has been filed on behalf of investors who purchased Credit Suisse Group AG (CS) securities between October 29, 2020, and March 31, 2021. For more on the CS Lawsuit please contact us today.

 

According to the Credit Suisse lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Defendants concealed material defects in the Company’s risk policies and procedures and compliance oversight functions and efforts to allow high-risk clients to take on excessive leverage, including Greensill Capital (“Greensill”) and Archegos Capital Management (“Archegos”), exposing the Company to billions of dollars in losses.

 

TO LEARN MORE ABOUT THE CS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Credit Suisse you have until June 15, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CAN Class Action: Learn About the Canaan Lawsuit

Levi & Korsinsky, LLP

April 19, 2021

Levi & Korsinsky, LLP announces that a CAN class action lawsuit has been filed on behalf of investors who purchased Canaan Inc.  (CAN) securities between February 10, 2021, and April 9, 2021. For more on the CAN Lawsuit please contact us today.

 

According to the Canaan lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: they concealed that due to ongoing supply chain disruptions and the introduction of the Company’s next-generation A12 series bitcoin mining machines – which had cannibalized sales of the older product offerings – Canaan’s 4Q20 sales had declined more than 93% year-over-year compared to its fourth-quarter fiscal year 2019 (“4Q19”) sales and more than 93% quarter-over-quarter compared to its third-quarter FY20 (“3Q20”) sales.

 

TO LEARN MORE ABOUT THE CAN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Canaan you have until June 14, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

FGEN Class Action: Learn About the FibroGen Lawsuit

Levi & Korsinsky, LLP

April 14, 2021

Levi & Korsinsky, LLP announces that an FGEN class action lawsuit has been filed on behalf of investors who purchased FibroGen, Inc. (FGEN) securities between November 8, 2019 – April 6, 2021 For more on the FGEN Lawsuit please contact us today.

 

According to the FibroGen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s prior disclosures of U.S. primary cardiovascular safety analyses from the roxadustat Phase 3 program for the treatment of anemia certain safety analyses submitted in connection with CKD included post-hoc changes to the stratification factors; (ii) FibroGen’s analyses with the pre-specified stratification factors result in higher hazard ratios (point estimates of relative risk) and 95% confidence intervals; (iii) based on these analyses the Company could not conclude that roxadustat reduces the risk of (or is superior to) MACE+ in dialysis, and MACE and MACE+ in incident dialysis compared to epoetin-alfa; (iv) as a result, the Company faced significant uncertainty that its NDA for roxadustat as a treatment for anemia of CKD would be approved by the FDA; and (v) as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE FGEN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in FibroGen you have until June 11, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

DOX Class Action: Learn About the Amdocs Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a DOX class action lawsuit has been filed on behalf of investors who purchased Amdocs Limited (DOX) securities between December 13, 2016, and March 30, 2021. For more on the DOX Lawsuit please contact us today.

 

According to the Amdocs lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Amdocs overstated its profits, cash, and liquidity while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) while Amdocs’ reported results showed that it’s North American business was stable, that business was actually deteriorating annually, in part because the Company was losing AT&T as a customer; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE DOX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Amdocs you have until June 8, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

EBON Class Action: Learn About the Ebang International Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an EBON class action lawsuit has been filed on behalf of investors who purchased Ebang International Holdings Inc. (EBON) securities between June 26, 2020, and April 5, 2021. For more on the EBON Lawsuit please contact us today.

 

According to the Ebang International lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the proceeds from Ebang’s public offerings had been directed to a low yield, long term bonds to an underwriter and to related parties rather than used to develop the Company’s operations; (2) Ebang’s sales were declining and the Company had inflated reported sales, including through the sale of defective units; (3) Ebang’s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang’s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE EBON CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ebang International you have until June 7, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

DDD Class Action: Learn About the 3D Systems Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a DDD class action lawsuit has been filed on behalf of investors who purchased 3D Systems Corporation (DDD) securities between May 6, 2020, and March 1, 2021. For more on the DDD Lawsuit please contact us today.

 

According to the 3d Systems lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) 3D Systems lacked proper internal controls over financial reporting; and (2) as a result, 3D Systems’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE DDD CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in 3d Systems you have until June 8, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky

Class Action News

Eduard Korsinsky: NY Securities Rulings Don’t Constitute Cyan Backlash

Levi & Korsinsky, LLP

April 9, 2021

Eduard Korsinsky, Managing Partner and Attorney at Levi & Korsinsky, LLP disagrees with premise of a recent Law360 article regarding two recent decisions made by the New York Appellate Division in prospective class actions brought under the federal Securities Act, In the Matter of Sundial Growers Inc. and Lyu v. Ruhnn Holdings Ltd. The decisions suggest that there is a growing backlash against the influx of such suits into state courts following the U.S. Supreme Court’s 2018 decision in Cyan Inc. v. Beaver County Employees Retirement Fund.

Eduard Korsinsky’s Career as a Class Action Attorney

Eduard Korsinsky got his LL.M. Expert of Law(s) Taxation from New York University School of Law in 1997 and his J.D. from Brooklyn Law School in 1995. For over 20 years Mr. Korsinsky has addressed customers in protection cases, subsidiary activities, buyer extortion, and complex business matters. He has accomplished critical recuperations for investors, including a $79 million recuperation for investors of E-Trade Financial Corporation and an installment stepping stool repaying financial backers of Google, Inc. up to $8 billion in misfortunes.

 

He has been named a New York “Super Lawyer” by Thomson Reuters and is perceived as one of the nation’s driving experts in class activity and subordinate issues. Mr. Korsinsky additionally filled in as a proofreader of the American Bar Affiliation’s Securities Litigation Section’s bulletin and is an individual from the American Bar Association’s Derivative Suits Subcommittee.

 

Read more about Eduard Korsinsky and find the full article here


Class Action Reports

GOEV Class Action: Learn About the Canoo Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a GOEV class action lawsuit has been filed on behalf of investors who purchased Canoo Inc. (GOEV) securities between August 18, 2020 and March 29, 2021 For more on the GOEV Lawsuit please contact us today.

 

According to the Canoo lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) the Company’s engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE GOEV CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Canoo you have until June 1, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

KDMN Class Action: Learn About the Kadmon Lawsuit

Levi & Korsinsky, LLP

April 7, 2021

Levi & Korsinsky, LLP announces that a KDMN class action lawsuit has been filed on behalf of investors who purchased Kadmon Holdings, Inc. (KDMN) securities between October 1, 2020 – March 10, 2021. For more on the KDMN Lawsuit please contact us today.

 

According to the Kadmon lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Belumosudil NDA was incomplete and/or deficient; (ii) the additional new data that the Company submitted in support of the Belumosudil NDA in response to an information request from the FDA materially altered the NDA submission; (iii) accordingly, the initial Belumosudil NDA submission lacked the degree of support that the Company had led investors to believe; (iv) accordingly, the FDA was likely to extend the PDUFA target action date to review the Belumosudil NDA; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KDMN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Kadmon you have until June 2, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Eduard Korsinsky New York class action attorney

Class Action News

Eduard Korsinsky: Guide To Monitoring Your Securities Portfolio In 2021

Levi & Korsinsky, LLP

Eduard Korsinsky, Managing Partner and Attorney at Levi & Korsinsky, LLP states that institutional investors play a vital role in monitoring, researching and recovering securities portfolios that result from corporate mismanagement or fraud.  He further suggests that adopting best practices in carrying out their fiduciary responsibilities is the equivalent to earning compound interest.

 

Best practices can include retention of non- exclusive outside firms to monitor investment portfolios, maintaining independent decision-making, and leveraging technology.

Who is Eduard Korsinsky?

As a class action attorney, Eduard Korsinsky, has addressed customers in protection cases, subsidiary activities, shopper misrepresentation and complex business matters. Mr. Korsinsky has been recognized as a New York “Super Lawyer”  and is perceived as one of the nation’s driving professionals in class and subsidiary issues.

 

Ed Korsinsky is a quintessential expert, who assumes his liability to his customers very genuinely. Ed is an astounding tactician who is constantly resolved to viably and productively win decisions for his customers.

 

Learn more about Eduard Korsinsky and read the full article here


Class Action Reports

KRMD Class Action: Learn About the Repro Med Systems Lawsuit

Levi & Korsinsky, LLP

March 31, 2021

Levi & Korsinsky, LLP announces that a KRMD class action lawsuit has been filed on behalf of investors who purchased Repro Med Systems, Inc. (KRMD) securities between August 4, 2020 and January 25, 2021 For more on the KRMD Lawsuit please contact us today.

 

According to the Repro Med Systems lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) starting in January 2020, KORU ramped up the use of allowances, including growth rebates, to retain key customers and to incentivize growth; (2) as the rebates accrued, the Company’s net sales were reasonably likely to decline; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE KRMD CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Repro Med Systems, you have until May 25, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ROOT Class Action: Learn About the Root Lawsuit

Levi & Korsinsky, LLP

March 25, 2021

Levi & Korsinsky, LLP announces that a ROOT class action lawsuit has been filed on behalf of investors who purchased Root, Inc (ROOT) securities between October 28, 2020 and March 8, 2021. For more on the ROOT Lawsuit please contact us today.

 

According to the Root lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Root would foreseeably fail to generate positive cash flow for at least several years following the IPO; (ii) accordingly, the Company would foreseeably require significant cash infusions to meet its cash flow needs; (iii) notwithstanding the Defendants’ touting of Root’s purportedly unique, data-driven advantages, several of the Company’s established industry peers in fact possessed significant competitive advantages over Root with respect to, inter alia, telematics data and data engagement; and (iv) as a result, the Offering Documents and Defendants’ public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE ROOT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Root you have until May 18, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

VRM Class Action: Learn About the Vroom Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a VRM class action lawsuit has been filed on behalf of investors who purchased Vroom, Inc.  (VRM) securities between November 11, 2020 and March 3, 2021. For more on the VRM Lawsuit please contact us today.

 

According to the Vroom lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Vroom had not demonstrated that it was able to control and scale growth in respect to its salesforce to meet the demand for its products; (2) as a result, the Company was forced to discount aged inventory to move through its retail channels or liquidated in its wholesale channels; (3) as a result, the eCommerce gross profit per unit was reasonably likely to decline; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE VRM CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Vroom you have until May 21, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

NEPT Class Action: Learn About the Neptune Wellness Lawsuit

Levi & Korsinsky, LLP

March 23, 2021

Levi & Korsinsky, LLP announces that a NEPT class action lawsuit has been filed on behalf of investors who purchased Neptune Wellness Solutions Inc. (NEPT) securities between July 24, 2019 and February 16, 2021. For more on the NEPT Lawsuit please contact us today.

 

According to the Neptune Wellness lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the cost of Neptune’s integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company’s capital reserves; (ii) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NEPT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Neptune Wellness you have until May 17, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

RIDE Class Action: Learn About the Lordstown Motors Lawsuit

Levi & Korsinsky, LLP

March 19, 2021

Levi & Korsinsky, LLP announces that a RIDE class action lawsuit has been filed on behalf of investors who purchased Lordstown Motors Corp (RIDE) securities between August 3, 2020 and March 17, 2021. For more on the RIDE Lawsuit please contact us today.

 

According to the Lordstown Motors lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s purported pre-orders were non-binding; (ii) many of the would-be customers who made these purported pre-orders lacked the means to make such purchases and/or would not have credible demand for Lordstown’s Endurance; (iii) Lordstown is not and has not been “on track” to commence production of the Endurance in September 2021; (iv) the first test run of the Endurance led to the vehicle bursting into flames within 10 minutes; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE RIDE CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Lordstown Motors you have until May 17, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CYDY Class Action: Learn About the CytoDyn Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CYDY class action lawsuit has been filed on behalf of investors who purchased CytoDyn Inc.(CYDY) securities between March 27, 2020 and March 9, 2021. For more on the CYDY Lawsuit please contact us today.

 

According to the CytoDyn lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: CytoDyn securities were actively traded over the counter (OTC) in the United States. While the exact number of Class members is unknown to Plaintiff at this time and can be ascertained only through appropriate discovery, Plaintiff believes that there are hundreds or thousands of members in the proposed Class. Record owners and other members of the Class may be identified from records maintained by CytoDyn or its transfer agent and/or OTC Markets and may be notified of the pendency of this action by mail, using the form of notice similar to that customarily used in securities class actions.

 

TO LEARN MORE ABOUT THE CYDY CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in CytoDyn you have until May 17, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

BLU Class Action: Learn About the BELLUS Health Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BLU class action lawsuit has been filed on behalf of investors who purchased BELLUS Health Inc.  (BLU) securities between September 5, 2019 and July 5, 2020. For more on the BLU Lawsuit please contact us today.

 

According to the BELLUS Health lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: while BLU-5937’s “high selectivity” contributed to the drug causing little to no taste alteration in chronic cough patients, that high selectivity also contributed to the drug potentially being less efficacious and thus likely not be able to meet the primary endpoint of the Company’s Phase 2 trial.

 

TO LEARN MORE ABOUT THE BLU CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in BELLUS Health you have until May 17, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

VLDR Class Action: Learn About the Velodyne Lidar Lawsuit

Levi & Korsinsky, LLP

March 10, 2021

Levi & Korsinsky, LLP announces that a VLDR class action lawsuit has been filed on behalf of investors who purchased Velodyne Lidar, Inc.  (VLDR) securities between November 9, 2020 and February 19, 2021. For more on the VLDR Lawsuit please contact us today.

 

According to the Velodyne Lidar lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) certain of Velodyne’s directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company’s officers and directors; (2) the Company was investigating the foregoing matters; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE VLDR CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Velodyne Lidar you have until May 3, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PLUG Class Action: Learn About the Plug Power Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a PLUG class action lawsuit has been filed on behalf of investors who purchased Plug Power Inc. (PLUG) securities between November 9, 2020 and March 1, 2021. For more on the PLUG Lawsuit please contact us today.

 

According to the Plug Power lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company would be unable to timely file its 2020 annual report due to delays related to the review of the classification of certain costs and the recoverability of the right to use assets with certain leases; (2) the Company was reasonably likely to report material weaknesses in its internal control over financial reporting; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE PLUG CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Plug Power you have until May 7, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

XL Class Action: Learn About the Xl Fleet Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an XL class action lawsuit has been filed on behalf of investors who purchased Fleet Corp. (XL) securities between October 2, 2020 and March 2, 2021. For more on the XL Lawsuit please contact us today.

 

According to the Xl Fleet lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) XL Fleet’s salespeople were pressured to inflate their sales pipelines to boost the Company’s reported sales and backlog; (2) at least 18 of the 33 customers that XL featured were inactive and had not placed an order since 2019; (3) XL’s technology had been materially overstated and offered only 5% to 10% of fleet savings; (4) XL lacks the supply chain and engineers to roll out new products on the announced timelines; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE XL CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Xl Fleet you have until May 7, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

LDOS Class Action: Learn About the Leidos Holdings Lawsuit

Levi & Korsinsky, LLP

March 8, 2021

Levi & Korsinsky, LLP announces that an LDOS class action lawsuit has been filed on behalf of investors who purchased Leidos Holdings, Inc. (LDOS) securities between May 4, 2020 and February 23, 2021. For more on the LDOS Lawsuit please contact us today.

 

According to the Leidos Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the purported benefits of the Company’s acquisition of L3Harris’ Security Detection & Automation businesses were significantly overstated; (2) Leidos’ products suffered from numerous product defects, including faulty explosive detection systems at airports, ports, and borders; (3) as a result of the foregoing, the Company’s financial results were significantly overstated; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE LDOS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Leidos Holdings you have until May 3, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

OTRK Class Action: Learn About the Ontrak’s Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a OTRK class action lawsuit has been filed on behalf of investors who purchased Ontrak, Inc. (OTRK) securities between November 5, 2020 – February 26, 2021. For more on the OTRK Lawsuit please contact us today.

 

According to Ontrak’s lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Ontrak’s largest customer evaluated the Company on a provisional basis, valuing Ontrak’s performance based on achieving the lowest cost per medical visit rather than clinical outcomes or medical cost savings; (2) as a result, Ontrak’s largest customer did not find the Company’s program to be effective and was reasonably likely to terminate its contract with Ontrak; (3) because this customer accounted for a significant portion of the Company’s revenue, the loss of the customer would have an outsized impact on Ontrak’s financial results; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE OTRK CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ontrak’s you have until May 3, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

ATNX Class Action: Learn About the Athenex Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ATNX class action lawsuit has been filed on behalf of investors who purchased Athenex, Inc. (ATNX) securities between August 7, 2019 and February 26, 2021. For more on the ATNX Lawsuit please contact us today.

 

According to the Athenex lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(i) the data included in the Oral Paclitaxel plus Encequidar NDA presented a safety risk to patients in terms of an increase in neutropenia-related sequalae; (ii) the uncertainty over the results of the primary endpoint of objective response rate (ORR) at week 19 conducted by BICR; (iii) the BICR reconciliation and re-read process may have introduced unmeasured bias and influence on the BICR; (iv) that the Company’s Phase 3 study that was used to file the NDA was inadequate and not well-conducted in a patient population with metastatic breast cancer representative of the U.S. population, such that the FDA would recommend a new such clinical trial; (v) as a result, it was foreseeable that the FDA would not approve the Company’s NDA in its current form; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ATNX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Athenex you have until May 3, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

MPLN Class Action: Learn About the MultiPlan Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a MPLN class action lawsuit has been filed on behalf of investors who purchased Multiplan Corporation F/K/A Churchill Capital Corp. Iii (MPLN) securities between July 12, 2020 – November 10, 2020. For more on the MPLN Lawsuit please contact us today.

 

According to the MultiPlan lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) MultiPlan was losing tens of millions of dollars in sales and revenues to Naviguard, a competitor created by one of MultiPlan’s largest customers, UnitedHealthcare, which threatened up to 35% of the Company’s sales and 80% of its levered cash flows by 2022; (b) sales and revenue declines in the quarters leading up to the Merger were not due to “idiosyncratic” customer behaviors as represented, but rather due to a fundamental deterioration in demand for MultiPlan’s services and increased competition, as payors developed competing services and sought alternatives to eliminating excessive healthcare costs; (c) MultiPlan was facing significant pricing pressures for its services and had been forced to materially reduce its take rate in the lead up to the Merger by insurers, who had expressed dissatisfaction with the price and quality of MultiPlan’s services and balanced billing practices, causing the Company’s to cut its take rate by up to half in some cases; (d) as a result of (a)-(c) above, MultiPlan was set to continue to suffer from revenues and earnings declines, increased competition and deteriorating pricing dynamics following the Merger; (e) as a result of (a)-(d) above, MultiPlan was forced to seek continued revenue growth and to improve its competitive positioning through pricey acquisitions, including through the purchase of HST for $140 million at a premium price from a former MultiPlan executive only one month after the Merger; and (f) as a result of (a)-(e) above, Churchill III investors had grossly overpaid for the acquisition of MultiPlan in the Merger, and MultiPlan’s business was worth far less than represented to investors.

 

TO LEARN MORE ABOUT THE MPLN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in MultiPlan you have until April 26, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

REGI Class Action: Learn About the Renewable Energy Lawsuit

Levi & Korsinsky, LLP

March 4, 2021

Levi & Korsinsky, LLP announces that a REGI class action lawsuit has been filed on behalf of investors who purchased Renewable Energy Group, Inc.  (REGI) securities between May 3, 2018 and February 25, 2021. For more on the REGI Lawsuit please contact us today.

 

According to the Renewable Energy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company’s customers; (2) as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) as a result, Renewable Energy’s revenue and net income were overstated for certain periods; (4) there was a material weakness in the Company’s internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE REGI CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Renewable Energy you have until May 3, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

UAVS Class Action: Learn About the AgEagle Lawsuit

Levi & Korsinsky, LLP

March 2, 2021

Levi & Korsinsky, LLP announces that a UAVS class action lawsuit has been filed on behalf of investors who purchased AgEagle Aerial Systems, Inc.  (UAVS) securities between September 3, 2019 and February 18, 2021. For more on the UAVS Lawsuit please contact us today.

 

According to the AgEagle lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon; (2) rather than correct the public’s understanding about a partnership with Amazon, Defendants were actively contributing to the rumour that AgEagle had a partnership with Amazon; and (3) as a result, Defendants’ statements about AgEagle’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE UAVS CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in AgEagle you have until April 27, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

IQDNX Class Action: Learn About the Infinity Q’s Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a IQDNX class action lawsuit has been filed on behalf of investors who purchased Infinity Q Diversified Alpha Fund Institutional Class (IQDNX) securities between December 21, 2018 – February 22, 2021. For more on the IQDNX Lawsuit please contact us today.

 

According to the Infinity Q’s lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Infinity Q’s Chief Investment Officer made adjustments to certain parameters within the third-party pricing model that affected the valuation of the swaps held by the Fund; (2) consequently, Infinity Q would not be able to calculate NAV correctly; (3) as a result, the previously reported NAVs were unreliable; (4) because of the foregoing, the Fund would halt redemptions and liquidate its assets; and (5) as a result, the Prospectuses were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE IQDNX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Infinity Q’s you have until April 27, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HSACW Class Action: Learn About the Immunovant Lawsuit

Levi & Korsinsky, LLP

February 26, 2021

Levi & Korsinsky, LLP announces that a HSACW class action lawsuit has been filed on behalf of investors who purchased Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation (HSACW) securities between October 2, 2019 and February 1, 2021. For more on the HSACW Lawsuit please contact us today.

 

According to the Immunovant lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) HSAC had performed inadequate due diligence into Legacy Immunovant prior to the Merger, and/or ignored or failed to disclose safety issues associated with IMVT-1401; (ii) IMVT-1401 was less safe than the Company had led investors to believe, particularly with respect to treating TED and WAIHA; (iii) the foregoing foreseeably diminished IMVT-1401’s prospects for regulatory approval, commercial viability, and profitability; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE HSACW CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Immunovant you have until April 20, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

EBIX Class Action: Learn About the Ebix Lawsuit

Levi & Korsinsky, LLP

February 25, 2021

Levi & Korsinsky, LLP announces that a EBIX class action lawsuit has been filed on behalf of investors who purchased Ebix, Inc. (EBIX) securities between November 9, 2020 and February 19, 2021. For more on the EBIX Lawsuit please contact us today.

 

According to the Ebix lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) that there was insufficient audit evidence to determine the business purpose of certain significant unusual transactions in Ebix’s gift card business in India during the fourth quarter of 2020; (2) that there was a material weakness in Company’s internal controls over the gift or prepaid revenue transaction cycle; and (3) that the Company’s independent auditor was reasonably likely to resign over disagreements with Ebix regarding $30 million that had been transferred into a commingled trust account of Ebix’s outside legal counsel; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE EBIX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ebix you have until April 23, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

APA Class Action: Learn About the Apache Corp Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an APA class action lawsuit has been filed on behalf of investors who purchased Apache Corporation (APA) securities between September 7, 2016 and March 13, 2020. For more on the APA Lawsuit please contact us today.

 

According to the Apache Corp lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Apache intentionally used unrealistic assumptions regarding the amount and composition of available oil and gas in Alpine High; (ii) Apache did not have the proper infrastructure in place to safely and/or economically drill and/or transport those resources even if they existed in the amounts purported; (iii) these misleading statements and omissions artificially inflated the value of the Company’s operations in the Permian Basin; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE APA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Apache Corp you have until April 26, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

FUBO Class Action: Learn About the fuboTV Lawsuit

Levi & Korsinsky, LLP

February 19, 2021

Levi & Korsinsky, LLP announces that a FUBO class action lawsuit has been filed on behalf of investors who purchased fuboTV Inc. (FUBO) securities between March 23, 2020 and January 4, 2021. For more on the FUBO Lawsuit please contact us today.

 

According to the fuboTV lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (ii) Fubo offering of products was subject to undisclosed cost escalations; (iii) Fubo could not successfully compete and perform as sportsbook operator and could not capitalize on its only sports wagering opportunity; (iv) Fubo’s data and inventory were not differentiated to allow Fubo to achieve long-term advertising growth goals and forecasts; (v) Fubo’s valuation was overstated in light of its total revenue and subscription levels; (vi) the acquisition of Balto Sport did not provide the stated synergies, internal expertise, and did not expand the Company’s addressable market into online sports wagering; and as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE FUBO CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in fuboTV you have until April 19, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

EH Class Action: Learn About the Ehang Holdings Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a EH class action lawsuit has been filed on behalf of investors who purchased Ehang Holdings Limited (EH) securities between December 12, 2019 and February 16, 2021. For more on the EH Lawsuit please contact us today.

 

According to the Ehang Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s purported regulatory approvals in Europe and North American for its EH216 were for use as a drone, and not for carrying passengers; (ii) its relationship with its purported primary customer is a sham; (iii) EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (iv) the Company’s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE EH CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Ehang Holdings you have until April 19, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

BLUE Class Action: Learn About the bluebird Lawsuit

Levi & Korsinsky, LLP

February 17, 2021

Levi & Korsinsky, LLP announces that a BLUE class action lawsuit has been filed on behalf of investors who purchased bluebird bio, Inc. (BLUE) securities between May 11, 2020 and November 4, 2020 For more on the BLUE Lawsuit please contact us today.

 

According to the bluebird lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) data supporting bluebird’s BLA submission for LentiGlobin for SCD was insufficient to demonstrate drug product comparability; (ii) Defendants downplayed the foreseeable impact of disruptions related to the COVID-19 pandemic on the Company’s BLA submission schedule for LentiGlobin for SCD, particularly with respect to manufacturing; (iii) as a result of all the foregoing, it was foreseeable that the Company would not submit the BLA for LentiGlobin for SCD in the second half of 2021; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BLUE CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in bluebird you have until April 13, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CLOV Class Action: Learn About the Clover Lawsuit

Levi & Korsinsky, LLP

February 9, 2021

Levi & Korsinsky, LLP announces that a CLOV class action lawsuit has been filed on behalf of investors who purchased Clover Health Investments, Corp. (CLOV) securities between October 6, 2020 and February 3, 2021 For more on the CLOV Lawsuit please contact us today.

 

According to the Clover lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Clover was the recipient of a Civil Investigative Demand from the DOJ; (ii) much of Clover’s sales are driven by a major related party deal that Clover not only failed to disclose but took active steps to conceal; (iii) Clover’s subsidiary Seek Insurance failed to disclose its relationship with Clover and misled consumers as to its purported independence; (iv) Clover’s software was in fact rudimentary; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE CLOV CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Clover you have until April 6, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

IRTC Class Action: Learn About the iRhythm Lawsuit

Levi & Korsinsky, LLP

February 5, 2021

Levi & Korsinsky, LLP announces that an IRTC class action lawsuit has been filed on behalf of investors who purchased iRhythm Technologies, Inc. (IRTC) securities between August 4, 2020 – January 28, 2021. For more on the IRTC Lawsuit please contact us today.

 

According to the iRhythm lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) iRhythm’s business would suffer as a result of the CMS’ rulemaking; (2) reimbursement rates would in fact plummet; (3) a lack of national pricing in the CMS rule and fee schedule would cause uncertainty and weakness in the Company’s business; and (4) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times

 

TO LEARN MORE ABOUT THE IRTC CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in iRhythm you have until April 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

AZN Class Action: Learn About the AstraZeneca Lawsuit

Levi & Korsinsky, LLP

February 2, 2021

Levi & Korsinsky, LLP announces that an AZN class action lawsuit has been filed on behalf of investors who purchased AstraZeneca Plc (AZN) securities between May 21, 2020 and November 20, 2020. For more on the AZN Lawsuit please contact us today.

 

According to the Astrazeneca  lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) initial clinical trials for the Company’s COVID-19 vaccine, AZD1222, had suffered from a critical manufacturing error, resulting in a substantial number of trial participants receiving half the designed dosage; (b) clinical trials for AZD1222 consisted of a patchwork of disparate patient subgroups, each with subtly different treatments, undermining the validity and import of the conclusions that could be drawn from the clinical data across these disparate patient populations; (c) certain clinical trial participants for AZD1222 had not received a second dose at the designated time points, but rather received the second dose up to several weeks after the dose had been scheduled to be delivered according to the original trial design; (d) AstraZeneca had failed to include a substantial number of patients over 55 years of age in its clinical trials for AZD1222, despite this patient population being particularly vulnerable to the effects of COVID-19 and thus a high priority target market for the drug; (e) AstraZeneca’s clinical trials for AZD1222 had been hamstrung by widespread flaws in design, errors in execution, and a failure to properly coordinate and communicate with regulatory authorities and the general public; (f) as a result of (a)-(e) above, the clinical trials for AZD1222 had not been conducted in accordance with industry best practices and acceptable standards and the data and conclusions that could be derived from the clinical trials was of limited utility; and (g) as a result of (a)-(f) above, AZD1222 was unlikely to be approved for commercial use in the United States in the short term, one of the largest potential markets for the drug.

 

TO LEARN MORE ABOUT THE AZN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Astrazeneca you have until March 29, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CLSK Class Action: Learn About the Cleanspark Lawsuit

Levi & Korsinsky, LLP

January 26, 2021

Levi & Korsinsky, LLP announces that a CLSK class action lawsuit has been filed on behalf of investors who purchased Cleanspark, Inc. (CLSK) securities between December 31, 2020 and January 14, 2021 For more on the CLSK Lawsuit please contact us today.

 

According to the Cleanspark lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) that the Company had overstated its customer and contract figures; (2) that several of the Company’s recent acquisitions involved undisclosed related party transactions; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE CLSK CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Cleanspark you have until March 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

BTBT Class Action: Learn About the Bit Digital Lawsuit

Levi & Korsinsky, LLP

January 25, 2021

Levi & Korsinsky, LLP announces that a BTBT class action lawsuit has been filed on behalf of investors who purchased Bit Digital, Inc. (BTBT) securities between December 21, 2020 and January 8, 2021. For more on the BTBT Lawsuit please contact us today.

 

According to the Bit Digital lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) that Bit Digital overstated the extent of its a bitcoin mining operation; and (2) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE BTBT CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Bit Digital you have until March 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JFU Class Action: Learn About the 9F Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a JFU  class action lawsuit has been filed on behalf of investors who purchased 9F Inc. (JFU) securities between August 14, 2019 and September 29, 2020. For more on the JFU Lawsuit please contact us today.

 

According to the 9F lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the purported value and benefits of the Company’s financial institution partners and its tri-party cooperation business model did not in fact exist and/or were materially overstated, given that 9F and Property and Casualty Company Limited (“PICC”) had been engaged in an ongoing contractual dispute regarding payment of service fees under their cooperation agreement; (2) the collectability of service fees owed to 9F by PICC under the cooperation agreement was in doubt and at serious risk of non-payment; (3) there was a significant risk that PICC would no longer provide credit insurance and guarantee protection to investors and institutional funding partners; (4) as a result of the foregoing, the Company’s platform, business model, reputation and financial results had been materially impaired; and (5) as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE JFU CLASS ACTION LAWSUIT, CLICK HERE 

 

If you suffered a loss in 9F you have until March 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

PEN Class Action: Learn About the Penumbra Lawsuit

Levi & Korsinsky, LLP

January 20, 2021

Levi & Korsinsky, LLP announces that a PEN class action lawsuit has been filed on behalf of investors who purchased Penumbra, Inc. (PEN) securities between August 3, 2020 and December 15, 2020. For more on the PEN Lawsuit please contact us today.

 

According to the Penumbra lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) that the Jet 7 Xtra Flex had known design defects that made it unsafe for its normal use; (2) that Penumbra did not adequately address the risk of the Jet 7 Xtra Flex causing serious injury and deaths, which had in fact already occurred; (3) that the Jet 7 Xtra Flex was likely to be recalled due to its safety issues; and (4) as a result, Penumbra’s public statements as set forth above were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE PEN CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Penumbra you have until March 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

DECN Class Action: Learn About the Decision Diagnostics Lawsuit 

Levi & Korsinsky, LLP

January 19, 2021

Levi & Korsinsky, LLP announces that a DECN class action lawsuit has been filed on behalf of investors who purchased Decision Diagnostics Corp. (DECN) securities between March 3, 2020 and December 17, 2020. For more on the DECN Lawsuit please contact us today.  

 

According to the Decision Diagnostics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Decision Diagnostics had not developed any viable COVID-19 test, much less a test that could detect COVID-19 in less than one minute; (ii) the Company could not meet the FDA’s EUA testing requirements for its purported COVID-19 test; (iii) accordingly, Defendants had misrepresented the timeline within which it could realistically bring its COVID-19 test to market; (iv) all the foregoing subjected Defendants to an increased risk of regulatory oversight and enforcement; and (v) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE DECN CLASS ACTION LAWSUIT, CLICK HERE 

 

If you suffered a loss in Decision Diagnostics you have until March 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. 

 

CONTACT: 

Levi & Korsinsky, LLP 

Joseph E. Levi, Esq. 

55 Broadway, 10th Floor 

New York, NY 10006 

jlevi@levikorsinsky.com 

Tel: (212) 363-7500 

Fax: (212) 363-7171 

www.zlk.com 

 


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

January 15, 2021

Levi & Korsinsky, LLP announces that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that an LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable to provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Minerva Neurosciences, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a NERV class action lawsuit has been commenced on behalf of investors who purchased Minerva Neurosciences, Inc. (NERV) securities between May 15, 2017 – November 30, 2020. For more on the Minerva Neurosciences Class Action please contact us today.

 

According to the Minerva Neurosciences lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the “end-of-Phase 2” meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company’s plan to use the combination of the Phase 2b and Phase 3 studies would be “highly unlikely” to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to “substantial review issues” because the trials were inadequate and not well-controlled; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NERV CLASS ACTION, CLICK HERE

 

If you suffered a loss in Minerva Neurosciences you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Triterras, Inc., f/k/a Netfin Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TRIT class action lawsuit has been commenced on behalf of investors who purchased Triterras, Inc., f/k/a Netfin Acquisition Corp. (TRIT) securities between August 20, 2020 and December 16, 2020 For more on the Triterras Class Action please contact us today.

 

According to the Triterras lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company’s revenue growth relied on Triterras’ relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE TRIT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Triterras you have until February 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Tricida, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TCDA class action lawsuit has been commenced on behalf of investors who purchased Tricida, Inc (TCDA) securities between September 4, 2019 and October 28, 2020. For more on the Tricida Class Action please contact us today.

 

According to the Tricida lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Tricida’s NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TCDA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Tricida you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfilment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU, SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until  February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation. (SWI) securities between  March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a OTGLY class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation Store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Joyy Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Quantumscape Corporation. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a QS class action lawsuit has been commenced on behalf of investors who purchased Quantumscape Corporation. (QS) securities between November 27, 2020  and December 31, 2020. For more on the QuantumScape Class Action please contact us today.

 

According to the QuantumScape lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) that the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QS CLASS ACTION, CLICK HERE

 

If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

January 14, 2021

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfilment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12 Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Berry Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BRY class action lawsuit has been commenced on behalf of investors who purchased Berry Corporation (BRY) securities between July 26, 2018 and November 3, 2020. For more on the Berry Class Action please contact us today.

 

According to the Berry lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Berry had materially overstated its operational efficiency and stability; (ii) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (iii) the foregoing would foreseeably negatively impact the Company’s revenues; and (iv) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BRY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Berry you have until January 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Minerva Neurosciences Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NERV class action lawsuit has been commenced on behalf of investors who purchased Minerva Neurosciences Inc. (NERV) securities between May 15, 2017 and November 30, 2020. For more on the Minerva Neurosciences Class Action please contact us today.

 

According to the Minerva Neurosciences lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the “end-of-Phase 2” meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company’s plan to use the combination of the Phase 2b and Phase 3 studies would be “highly unlikely” to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to “substantial review issues” because the trials were inadequate and not well-controlled; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NERV CLASS ACTION, CLICK HERE

 

If you suffered a loss in Minerva Neurosciences you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Triterras, Inc., f/k/a Netfin Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TRIT class action lawsuit has been commenced on behalf of investors who purchased Triterras, Inc., f/k/a Netfin Acquisition Corp. (TRIT) securities between August 20, 2020 and December 16, 2020. For more on the Triterras’ Class Action please contact us today.

 

According to the Triterras’ lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company’s revenue growth relied on Triterras’ relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE TRIT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Triterras’ you have until February 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation (SWI) securities between March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Tricida, Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TCDA class action lawsuit has been commenced on behalf of investors who purchased Tricida, Inc. (TCDA) securities between September 4, 2019 and October 28, 2020. For more on the Tricida Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Tricida’s NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TCDA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QS class action lawsuit has been commenced on behalf of investors who purchased QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. (QS) securities between December 8, 2020 and December 31, 2020. For more on the QuantumScape Class Action please contact us today.

 

According to the QuantumScape lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) that the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QS CLASS ACTION, CLICK HERE

 

If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Pinterest, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a PINS class action lawsuit has been commenced on behalf of investors who purchased Pinterest, Inc. (PINS) securities between May 16, 2019 and November 1, 2019. For more on the Pinterest Class Action please contact us today.

 

According to the Pinterest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

 

TO LEARN MORE ABOUT THE PINS CLASS ACTION, CLICK HERE

 

If you suffered a loss in Pinterest you have until January 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12 Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

January 13, 2021

Levi & Korsinsky, LLP reminds shareholders that a LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation (SWI) securities between March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Berry Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BRY class action lawsuit has been commenced on behalf of investors who purchased Berry Corporation (BRY) securities between July 26, 2018 and November 3, 2020. For more on the Berry Class Action please contact us today.

 

According to the Berry lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Berry had materially overstated its operational efficiency and stability; (ii) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (iii) the foregoing would foreseeably negatively impact the Company’s revenues; and (iv) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BRY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Berry you have until January 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Triterras, Inc., f/k/a Netfin Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TRIT class action lawsuit has been commenced on behalf of investors who purchased Triterras, Inc., f/k/a Netfin Acquisition Corp. (TRIT) securities between August 20, 2020 and December 16, 2020. For more on the Triterras’ Class Action please contact us today.

 

According to the Triterras’ lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company’s revenue growth relied on Triterras’ relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE TRIT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Triterras’ you have until February 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Tricida, Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TCDA class action lawsuit has been commenced on behalf of investors who purchased Tricida, Inc. (TCDA) securities between September 4, 2019 and October 28, 2020. For more on the Tricida Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Tricida’s NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TCDA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QS class action lawsuit has been commenced on behalf of investors who purchased QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. (QS) securities between December 8, 2020 and December 31, 2020. For more on the QuantumScape Class Action please contact us today.

 

According to the QuantumScape lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) that the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QS CLASS ACTION, CLICK HERE

 

If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

January 12, 2021

Levi & Korsinsky, LLP reminds shareholders that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation (SWI) securities between March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Tricida, Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TCDA class action lawsuit has been commenced on behalf of investors who purchased Tricida, Inc. (TCDA) securities between September 4, 2019 and October 28, 2020. For more on the Tricida Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Tricida’s NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TCDA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Alibaba Group Holding Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BABA class action lawsuit has been commenced on behalf of investors who purchased Alibaba Group Holding Limited (BABA) securities between July 9, 2020  and December 23, 2020. For more on the Alibaba Class Action please contact us today.

 

According to the Alibaba lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), a financial technology company in which Alibaba owns a 33% equity interest, did not meet listing qualifications or disclosure requirements for certain material matters; (2) certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (3) as a result of the foregoing, Ant Group’s initial public offering was reasonably likely to be suspended; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE BABA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Alibaba you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Biogen Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BIIB class action lawsuit has been commenced on behalf of investors who purchased Biogen Inc. (BIIB) securities between October 22, 2019 and November 6, 2019. For more on the Biogen Class Action please contact us today.

 

According to the Biogen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) the larger dataset did not provide necessary data regarding aducanumab’s effectiveness; (2) the EMERGE study did not and would not provide necessary data regarding the effectiveness of aducanumab, Biogen’s investigational human monoclonal antibody studied for the treatment of early Alzheimer’s disease; (3) the PRIME study did not and would not provide necessary data regarding aducanumab’s effectiveness; (4) the data provided by the Company to the U.S. Food and Drug Administration’s Peripheral and Central Nervous System Drugs Advisory Committee did not support finding efficacy of aducanumab; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE BIIB CLASS ACTION, CLICK HERE

 

If you suffered a loss in Biogen you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QS class action lawsuit has been commenced on behalf of investors who purchased QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. (QS) securities between December 8, 2020 and December 31, 2020. For more on the QuantumScape Class Action please contact us today.

 

According to the QuantumScape lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) that the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QS CLASS ACTION, CLICK HERE

 

If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Pinterest, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a PINS class action lawsuit has been commenced on behalf of investors who purchased Pinterest, Inc. (PINS) securities between May 16, 2019 and November 1, 2019. For more on the Pinterest Class Action please contact us today.

 

According to the Pinterest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

 

TO LEARN MORE ABOUT THE PINS CLASS ACTION, CLICK HERE

 

If you suffered a loss in Pinterest you have until January 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12 Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Minerva Neurosciences Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NERV class action lawsuit has been commenced on behalf of investors who purchased Minerva Neurosciences Inc. (NERV) securities between May 15, 2017 and November 30, 2020. For more on the Minerva Neurosciences Class Action please contact us today.

 

According to the Minerva Neurosciences lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the “end-of-Phase 2” meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company’s plan to use the combination of the Phase 2b and Phase 3 studies would be “highly unlikely” to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to “substantial review issues” because the trials were inadequate and not well-controlled; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NERV CLASS ACTION, CLICK HERE

 

If you suffered a loss in Minerva Neurosciences you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

January 11, 2021

Levi & Korsinsky, LLP announces that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation (SWI) securities between March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Berry Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BRY class action lawsuit has been commenced on behalf of investors who purchased Berry Corporation (BRY) securities between July 26, 2018 and November 3, 2020. For more on the Berry Class Action please contact us today.

 

According to the Berry lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Berry had materially overstated its operational efficiency and stability; (ii) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (iii) the foregoing would foreseeably negatively impact the Company’s revenues; and (iv) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BRY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Berry you have until January 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Tricida, Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

January 8, 2021

Levi & Korsinsky, LLP announces that a TCDA class action lawsuit has been commenced on behalf of investors who purchased Tricida, Inc. (TCDA) securities between September 4, 2019 and October 28, 2020. For more on the Tricida Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Tricida’s NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TCDA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Interface, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TILE class action lawsuit has been commenced on behalf of investors who purchased Interface, Inc. (TILE) securities between March 2, 2018 and September 28, 2020. For more on the Interface Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TILE CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12 Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Pinterest, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a PINS class action lawsuit has been commenced on behalf of investors who purchased Pinterest, Inc. (PINS) securities between May 16, 2019 and November 1, 2019. For more on the Pinterest Class Action please contact us today.

 

According to the Pinterest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

 

TO LEARN MORE ABOUT THE PINS CLASS ACTION, CLICK HERE

 

If you suffered a loss in Pinterest you have until January 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QS class action lawsuit has been commenced on behalf of investors who purchased QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. (QS) securities between December 8, 2020 and December 31, 2020. For more on the QuantumScape Class Action please contact us today.

 

According to the QuantumScape lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) that the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QS CLASS ACTION, CLICK HERE

 

If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation (SWI) securities between March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Alibaba Group Holding Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BABA class action lawsuit has been commenced on behalf of investors who purchased Alibaba Group Holding Limited (BABA) securities between July 20, 2020  and November 3, 2020. For more on the Alibaba Class Action please contact us today.

 

According to the Alibaba lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), a financial technology company in which Alibaba owns a 33% equity interest, did not meet listing qualifications or disclosure requirements for certain material matters; (2) certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (3) as a result of the foregoing, Ant Group’s initial public offering was reasonably likely to be suspended; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE BABA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Alibaba you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Triterras, Inc., f/k/a Netfin Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

January 7, 2021

Levi & Korsinsky, LLP reminds shareholders that a TRIT class action lawsuit has been commenced on behalf of investors who purchased Triterras, Inc., f/k/a Netfin Acquisition Corp. (TRIT) securities between August 20, 2020 and December 16, 2020. For more on the Triterras’ Class Action please contact us today.

 

According to the Triterras’ lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company’s revenue growth relied on Triterras’ relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE TRIT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Triterras’ you have until February 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a QS class action lawsuit has been commenced on behalf of investors who purchased QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. (QS) securities between December 8, 2020 and December 31, 2020. For more on the QuantumScape Class Action please contact us today.

 

According to the QuantumScape lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) that the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QS CLASS ACTION, CLICK HERE

 

If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

SolarWinds Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SWI class action lawsuit has been commenced on behalf of investors who purchased SolarWinds Corporation (SWI) securities between March 1, 2020 and December 14, 2020. For more on the SolarWinds Class Action please contact us today.

 

According to the SolarWinds lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of ‘solarwinds123′; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE SWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in SolarWinds you have until March 5, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Interface, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TILE class action lawsuit has been commenced on behalf of investors who purchased Interface, Inc. (TILE) securities between March 2, 2018 and September 28, 2020. For more on the Interface Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TILE CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Minerva Neurosciences Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NERV class action lawsuit has been commenced on behalf of investors who purchased Minerva Neurosciences Inc. (NERV) securities between May 15, 2017 and November 30, 2020. For more on the Minerva Neurosciences Class Action please contact us today.

 

According to the Minerva Neurosciences lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the “end-of-Phase 2” meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company’s plan to use the combination of the Phase 2b and Phase 3 studies would be “highly unlikely” to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to “substantial review issues” because the trials were inadequate and not well-controlled; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NERV CLASS ACTION, CLICK HERE

 

If you suffered a loss in Minerva Neurosciences you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Pinterest, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a PINS class action lawsuit has been commenced on behalf of investors who purchased Pinterest, Inc. (PINS) securities between May 16, 2019 and November 1, 2019. For more on the Pinterest Class Action please contact us today.

 

According to the Pinterest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

 

TO LEARN MORE ABOUT THE PINS CLASS ACTION, CLICK HERE

 

If you suffered a loss in Pinterest you have until January 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Berry Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BRY class action lawsuit has been commenced on behalf of investors who purchased Berry Corporation (BRY) securities between July 26, 2018 and November 3, 2020. For more on the Berry Class Action please contact us today.

 

According to the Berry lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Berry had materially overstated its operational efficiency and stability; (ii) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (iii) the foregoing would foreseeably negatively impact the Company’s revenues; and (iv) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BRY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Berry you have until January 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

January 6, 2021

Levi & Korsinsky, LLP reminds shareholders that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Biogen Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BIIB class action lawsuit has been commenced on behalf of investors who purchased Biogen Inc. (BIIB) securities between October 22, 2019 and November 6, 2019. For more on the Biogen Class Action please contact us today.

 

According to the Biogen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) the larger dataset did not provide necessary data regarding aducanumab’s effectiveness; (2) the EMERGE study did not and would not provide necessary data regarding the effectiveness of aducanumab, Biogen’s investigational human monoclonal antibody studied for the treatment of early Alzheimer’s disease; (3) the PRIME study did not and would not provide necessary data regarding aducanumab’s effectiveness; (4) the data provided by the Company to the U.S. Food and Drug Administration’s Peripheral and Central Nervous System Drugs Advisory Committee did not support finding efficacy of aducanumab; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE BIIB CLASS ACTION, CLICK HERE

 

If you suffered a loss in Biogen you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Berry Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BRY class action lawsuit has been commenced on behalf of investors who purchased Berry Corporation (BRY) securities between July 26, 2018 and November 3, 2020. For more on the Berry Class Action please contact us today.

 

According to the Berry lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Berry had materially overstated its operational efficiency and stability; (ii) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (iii) the foregoing would foreseeably negatively impact the Company’s revenues; and (iv) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BRY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Berry you have until January 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Alibaba Group Holding Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BABA class action lawsuit has been commenced on behalf of investors who purchased Alibaba Group Holding Limited (BABA) securities between July 20, 2020  and November 3, 2020. For more on the Alibaba Class Action please contact us today.

 

According to the Alibaba lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), a financial technology company in which Alibaba owns a 33% equity interest, did not meet listing qualifications or disclosure requirements for certain material matters; (2) certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (3) as a result of the foregoing, Ant Group’s initial public offering was reasonably likely to be suspended; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE BABA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Alibaba you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Biogen Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

January 5, 2021

Levi & Korsinsky, LLP announces that a BIIB class action lawsuit has been commenced on behalf of investors who purchased Biogen Inc. (BIIB) securities between October 22, 2019 and November 6, 2019. For more on the Biogen Class Action please contact us today.

 

According to the Biogen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) the larger dataset did not provide necessary data regarding aducanumab’s effectiveness; (2) the EMERGE study did not and would not provide necessary data regarding the effectiveness of aducanumab, Biogen’s investigational human monoclonal antibody studied for the treatment of early Alzheimer’s disease; (3) the PRIME study did not and would not provide necessary data regarding aducanumab’s effectiveness; (4) the data provided by the Company to the U.S. Food and Drug Administration’s Peripheral and Central Nervous System Drugs Advisory Committee did not support finding efficacy of aducanumab; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE BIIB CLASS ACTION, CLICK HERE

 

If you suffered a loss in Biogen you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Interface, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TILE class action lawsuit has been commenced on behalf of investors who purchased Interface, Inc. (TILE) securities between March 2, 2018 and September 28, 2020. For more on the Interface Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TILE CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Triterras, Inc., f/k/a Netfin Acquisition Corp. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TRIT class action lawsuit has been commenced on behalf of investors who purchased Triterras, Inc., f/k/a Netfin Acquisition Corp. (TRIT) securities between August 20, 2020 and December 16, 2020. For more on the Triterras’ Class Action please contact us today.

 

According to the Triterras’ lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company’s revenue growth relied on Triterras’ relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE TRIT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Triterras’ you have until February 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HP Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a HPQ class action lawsuit has been commenced on behalf of investors who purchased HP Inc. (HPQ) securities between November 6, 2015 and June 21, 2016. For more on the HP Class Action please contact us today.

 

According to the HP lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) HP’s channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; (b) HP’s channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; (c) HP’s channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP’s inventory management metrics; and (d) as a result of (a)-(c) above, defendants’ statements about HP’s business condition and prospects were materially false and misleading when made.

 

TO LEARN MORE ABOUT THE HPQ CLASS ACTION, CLICK HERE

 

If you suffered a loss in HP you have until January 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12 Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Pinterest, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a PINS class action lawsuit has been commenced on behalf of investors who purchased Pinterest, Inc. (PINS) securities between May 16, 2019 and November 1, 2019. For more on the Pinterest Class Action please contact us today.

 

According to the Pinterest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

 

TO LEARN MORE ABOUT THE PINS CLASS ACTION, CLICK HERE

 

If you suffered a loss in Pinterest you have until January 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

January 4, 2021

Levi & Korsinsky, LLP reminds shareholders that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Minerva Neurosciences Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NERV class action lawsuit has been commenced on behalf of investors who purchased Minerva Neurosciences Inc. (NERV) securities between May 15, 2017 and November 30, 2020. For more on the Minerva Neurosciences Class Action please contact us today.

 

According to the Minerva Neurosciences lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the “end-of-Phase 2” meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company’s plan to use the combination of the Phase 2b and Phase 3 studies would be “highly unlikely” to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to “substantial review issues” because the trials were inadequate and not well-controlled; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NERV CLASS ACTION, CLICK HERE

 

If you suffered a loss in Minerva Neurosciences you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Alibaba Group Holding Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BABA class action lawsuit has been commenced on behalf of investors who purchased Alibaba Group Holding Limited (BABA) securities between July 20, 2020  and November 3, 2020. For more on the Alibaba Class Action please contact us today.

 

According to the Alibaba lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), a financial technology company in which Alibaba owns a 33% equity interest, did not meet listing qualifications or disclosure requirements for certain material matters; (2) certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (3) as a result of the foregoing, Ant Group’s initial public offering was reasonably likely to be suspended; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE BABA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Alibaba you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Intercept Pharmaceuticals, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that an ICPT class action lawsuit has been commenced on behalf of investors who purchased Intercept Pharmaceuticals, Inc. (ICPT) securities between between September 28, 2019 and October 7, 2020. For more on the Intercept Class Action please contact us today.

 

According to the Intercept lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Defendants downplayed the true scope and severity of safety concerns associated with the use of Ocaliva (obeticholic acid (“OCA”)), Intercept’s lead product candidate, in treating primary biliary cholangitis; (ii) the foregoing increased the likelihood of a U.S. Food and Drug Administration (“FDA”) investigation into Ocaliva’s development, thereby jeopardizing Ocaliva’s continued marketability and the sustainability of its sales; (iii) any purported benefits associated with OCA’s efficacy in treating nonalcoholic steatohepatitis (“NASH”) were outweighed by the risks of its use; (iv) as a result, the FDA was unlikely to approve the Company’s New Drug Application for OCA in treating patients with liver fibrosis due to NASH; and (v) as a result of all the foregoing, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ICPT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Intercept you have until January 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Pinterest, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

December 30, 2020

Levi & Korsinsky, LLP announces that a PINS class action lawsuit has been commenced on behalf of investors who purchased Pinterest, Inc. (PINS) securities between May 16, 2019 and November 1, 2019. For more on the Pinterest Class Action please contact us today.

 

According to the Pinterest lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

 

TO LEARN MORE ABOUT THE PINS CLASS ACTION, CLICK HERE

 

If you suffered a loss in Pinterest you have until January 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between  October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Berry Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BRY class action lawsuit has been commenced on behalf of investors who purchased Berry Corporation (BRY) securities between July 26, 2018 and November 3, 2020. For more on the Berry Class Action please contact us today.

 

According to the Berry lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Berry had materially overstated its operational efficiency and stability; (ii) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (iii) the foregoing would foreseeably negatively impact the Company’s revenues; and (iv) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE BRY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Berry you have until January 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Boston Scientific Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a BSX class action lawsuit has been commenced on behalf of investors who purchased Boston Scientific Corporation (BSX) securities between April 24, 2019 and November 16, 2020. For more on the Boston Scientific Class Action please contact us today.

 

According to the Boston Scientific lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System’s product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BSX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Boston Scientific you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HP Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a HPQ class action lawsuit has been commenced on behalf of investors who purchased HP Inc. (HPQ) securities between November 6, 2015 and June 21, 2016. For more on the HP Class Action please contact us today.

 

According to the HP lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) HP’s channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; (b) HP’s channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; (c) HP’s channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP’s inventory management metrics; and (d) as a result of (a)-(c) above, defendants’ statements about HP’s business condition and prospects were materially false and misleading when made.

 

TO LEARN MORE ABOUT THE HPQ CLASS ACTION, CLICK HERE

 

If you suffered a loss in HP you have until January 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Kandi Technologies Group, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a KNDI class action lawsuit has been commenced on behalf of investors who purchased Kandi Technologies Group, Inc. (KNDI) securities between March 15, 2019 and November 27, 2020 . For more on the Kandi Class Action please contact us today.

 

According to the Kandi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi’s sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi’s reported revenues and, in turn, have a foreseeable negative impact on the Company’s reputation and valuation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE KNDI CLASS ACTION, CLICK HERE

 

If you suffered a loss in Kandi you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Qiwi plc Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a QIWI class action lawsuit has been commenced on behalf of investors who purchased Qiwi plc (QIWI) securities between March 28, 2019 and December 9, 2020. For more on the Qiwi Class Action please contact us today.

 

According to the Qiwi lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Qiwi’s internal controls related to reporting and record-keeping were ineffective; (2) consequently, the Central Bank of Russia would impose a monetary fine upon the Company and impose restrictions upon the Company’s ability to make payments to foreign merchants and transfer money to pre-paid cards; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE QIWI CLASS ACTION, CLICK HERE

 

If you suffered a loss in QIWI you have until February 9, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and November 25, 2020. For more on the Northern Dynasty Class Action please contact us today.

 

According to the Northern Dynasty lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Interface, Inc. Class Actions Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a TILE class action lawsuit has been commenced on behalf of investors who purchased Interface, Inc. (TILE) securities between March 2, 2018 and September 28, 2020. For more on the Interface Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TILE CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

JOYY Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a YY class action lawsuit has been commenced on behalf of investors who purchased Joyy Inc. (YY) securities between April 28, 2016 and November 18, 2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuits

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP reminds shareholders that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021  to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Biogen Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BIIB class action lawsuit has been commenced on behalf of investors who purchased Biogen Inc. (BIIB) securities between October 22, 2019 and November 6, 2019. For more on the Biogen Class Action please contact us today.

 

According to the Biogen lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) the larger dataset did not provide necessary data regarding aducanumab’s effectiveness; (2) the EMERGE study did not and would not provide necessary data regarding the effectiveness of aducanumab, Biogen’s investigational human monoclonal antibody studied for the treatment of early Alzheimer’s disease; (3) the PRIME study did not and would not provide necessary data regarding aducanumab’s effectiveness; (4) the data provided by the Company to the U.S. Food and Drug Administration’s Peripheral and Central Nervous System Drugs Advisory Committee did not support finding efficacy of aducanumab; and (5) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE BIIB CLASS ACTION, CLICK HERE

 

If you suffered a loss in Biogen you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Changyou.com Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.

 

According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

CD Projekt S.A. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a OTGLY/OTGLF class action lawsuit has been commenced on behalf of investors who purchased CD Projekt S.A. (OTGLY,OTGLF) securities between January 16, 2020 and December 17, 2020. For more on the CD Projekt Class Action please contact us today.

 

According to the CD Projekt lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

TO LEARN MORE ABOUT THE OTGLY/OTGLF CLASS ACTION, CLICK HERE

 

If you suffered a loss in CD Projekt you have until February 22, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

GoodRx Holdings, Inc Class Action Lawsuit

Levi & Korsinsky, LLP

December 29, 2020

Levi & Korsinsky, LLP announces that a GDRX class action lawsuit has been commenced on behalf of investors who purchased GoodRx Holdings, Inc. (GDRX) securities between September 23, 2020 and November 16, 2020. For more on the GoodRx Class Action please contact us today.

 

According to the GoodRx lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

 

TO LEARN MORE ABOUT THE GDRX CLASS ACTION, CLICK HERE

 

If you suffered a loss in GoodRx you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Splunk Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SPLK class action lawsuit has been commenced on behalf of investors who purchased Splunk Inc. (SPLK) securities between October 21, 2020 and December 2, 2020. For more on the Splunk Class Action please contact us today.

 

According to the Splunk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE SPLK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Splunk you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Zosano Pharma Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ZSAN class action lawsuit has been commenced on behalf of investors who purchased Zosano Pharma Corporation (ZSAN) securities between February 13, 2017 and September 30, 2020. For more on the Zosano Pharma Class Action please contact us today.

 

According to the Zosano Pharma lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s clinical results reflected differences in zolmitriptan exposures observed between subjects receiving different lots; (2) pharmocokinetic studies submitted in connection with the Company’s New Drug Application included patients exhibiting unexpected high plasma concentrations of zolmitriptan; (3) as a result of the foregoing differences among patient results, the U.S. Food and Drug Administration was reasonably likely to require further studies to support regulatory approval of the Company’s lead product candidate, Qtrypta; (4) as a result, regulatory approval of Qtrypta was reasonably likely to be delayed; and (5) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ZSAN CLASS ACTION, CLICK HERE

 

If you suffered a loss in Zosano Pharma you have until December 28, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

K12 Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a LRN class action lawsuit has been commenced on behalf of investors who purchased K12 Inc. (LRN) securities between April 27, 2020 and September 18, 2020. For more on the K12 Class Action please contact us today.

 

According to the K12 lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.

 

TO LEARN MORE ABOUT THE LRN CLASS ACTION, CLICK HERE

 

If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

HP Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a HPQ class action lawsuit has been commenced on behalf of investors who purchased HP Inc. (HPQ) securities between November 6, 2015 and June 21, 2016. For more on the HP Class Action please contact us today.

 

According to the HP lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(a) HP’s channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; (b) HP’s channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; (c) HP’s channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP’s inventory management metrics; and (d) as a result of (a)-(c) above, defendants’ statements about HP’s business condition and prospects were materially false and misleading when made.

 

TO LEARN MORE ABOUT THE HPQ CLASS ACTION, CLICK HERE

 

If you suffered a loss in HP you have until January 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Minerva Neurosciences, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a NERV class action lawsuit has been commenced on behalf of investors who purchased Minerva Neurosciences Inc. (NERV) securities between May 15, 2017 and November 30, 2020. For more on the Minerva Neurosciences Class Action please contact us today.

 

According to the Minerva Neurosciences lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the “end-of-Phase 2” meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company’s plan to use the combination of the Phase 2b and Phase 3 studies would be “highly unlikely” to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to “substantial review issues” because the trials were inadequate and not well-controlled; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NERV CLASS ACTION, CLICK HERE

 

If you suffered a loss in Minerva Neurosciences you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Northern Dynasty Minerals Ltd. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a NAK class action lawsuit has been commenced on behalf of investors who purchased Northern Dynasty Minerals Ltd. (NAK) securities between December 21, 2017 and January 25, 2020. For more on the Northern Dynasty Minerals Class Action please contact us today.

 

According to the Northern Dynasty Minerals lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE NAK CLASS ACTION, CLICK HERE

 

If you suffered a loss in Northern Dynasty Minerals Ltd. you have until February 2, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Restaurant Brands International Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a QSR class action lawsuit has been commenced on behalf of investors who purchased Restaurant Brands International Inc. (QSR) securities between April 29, 2019 and October 28, 2019. For more on the Restaurant Brands Class Action please contact us today.

 

According to the Restaurant Brands lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE QSR CLASS ACTION, CLICK HERE

 

If you suffered a loss in Restaurant Brands you have until February 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Alibaba Group Holding Limited Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BABA class action lawsuit has been commenced on behalf of investors who purchased Alibaba Group Holding Limited (BABA) securities between July 20, 2020  and November 3, 2020. For more on the Alibaba Class Action please contact us today.

 

According to the Alibaba lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), a financial technology company in which Alibaba owns a 33% equity interest, did not meet listing qualifications or disclosure requirements for certain material matters; (2) certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (3) as a result of the foregoing, Ant Group’s initial public offering was reasonably likely to be suspended; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE BABA CLASS ACTION, CLICK HERE

 

If you suffered a loss in Alibaba you have until January 12, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Raytheon Technologies Corporation Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a RTX class action lawsuit has been commenced on behalf of investors who purchased Raytheon Technologies Corporation (RTX) securities between February 10, 2016 and October 27, 2020. For more on the Raytheon Class Action please contact us today.

 

According to the Raytheon lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) Raytheon had inadequate disclosure controls and procedures and inadequate internal control over financial reporting; (2) Raytheon had faulty financial accounting; (3) as a result, Raytheon misreported its costs regarding Raytheon Company’s Missiles & Defense business since 2009; (4) as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government; (5) as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice; and (6) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

 

TO LEARN MORE ABOUT THE RTX CLASS ACTION, CLICK HERE

 

If you suffered a loss in Raytheon you have until  December 29, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Interface, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TILE class action lawsuit has been commenced on behalf of investors who purchased Interface, Inc. (TILE) securities between March 2, 2018 and September 28, 2020. For more on the Interface Class Action please contact us today.

 

According to the Interface lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC’s investigation, and downplayed the true scope of the Company’s wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE TILE CLASS ACTION, CLICK HERE

 

If you suffered a loss in Interface you have until January 11, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Joyy Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a YY class action lawsuit has been commenced on behalf of investors who purchased Joy Inc. (YY) securities between April 28,2016 and November 18,2020. For more on the Joyy Class Action please contact us today.

 

According to the Joyy lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company’s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants’ public statements were materially false and/or Misleading at all relevant times.

 

TO LEARN MORE ABOUT THE YY CLASS ACTION, CLICK HERE 

 

If you suffered a loss in Joyy you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Class Action Reports

Intercept Pharmaceuticals, Inc. Class Action Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that an ICPT class action lawsuit has been commenced on behalf of investors who purchased Intercept (ICPT) securities between between September 28, 2019 and October 7, 2020. For more on the Intercept Class Action please contact us today.

 

According to the Intercept lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:  (i) Defendants downplayed the true scope and severity of safety concerns associated with the use of Ocaliva (obeticholic acid (“OCA”)), Intercept’s lead product candidate, in treating primary biliary cholangitis; (ii) the foregoing increased the likelihood of a U.S. Food and Drug Administration (“FDA”) investigation into Ocaliva’s development, thereby jeopardizing Ocaliva’s continued marketability and the sustainability of its sales; (iii) any purported benefits associated with OCA’s efficacy in treating nonalcoholic steatohepatitis (“NASH”) were outweighed by the risks of its use; (iv) as a result, the FDA was unlikely to approve the Company’s New Drug Application for OCA in treating patients with liver fibrosis due to NASH; and (v) as a result of all the foregoing, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE ICPT CLASS ACTION, CLICK HERE

 

If you suffered a loss in Intercept you have until January 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Beyond Meat Class Action Investigation; BYND Lawsuit

Class Action Reports

Levi & Korsinsky Announces Beyond Meat Class Action Investigation; BYND Lawsuit

Levi & Korsinsky, LLP

February 17, 2020

Levi & Korsinsky, LLP announces that a BYND class action lawsuit has been commenced on behalf of investors who purchased Beyond Meat, Inc., (BYND) securities between May 2, 2019 and January 27, 2020. For more on the Beyond Meat Class Action please contact us today.

According to the Beyond Meat lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Beyond Meat’s termination of its supply agreement with Don Lee constituted a breach of that agreement, thus exposing the Company to foreseeable legal liability and reputational harm; (2) Beyond Meat and certain of its employees had doctored and omitted material information from a food safety consultant’s report, which the Company represented as accurate to Don Lee; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE BYND CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/beyond-meat-inc-loss-form?prid=5448&wire=9

If you suffered a loss in Beyond Meat you have until March 30, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Sasol Class Action Investigation; SSL Lawsuit

Class Action Reports

Levi & Korsinsky Announces Sasol Class Action Investigation; SSL Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SSL class action lawsuit has been commenced on behalf of investors who purchased Sasol Limited, (SSL) securities between March 10, 2015 and January 13, 2020. For more on the Sasol Class Action please contact us today.

According to the Sasol lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Sasol had conducted insufficient due diligence into, and failed to account for multiple issues with, the Lake Charles Chemicals Project (“LCCP”), as well as the true cost of the project; (2) construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (3) these issues were exacerbated by Sasol’s top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project’s oversight; (4) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company’s financial results; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE SSL CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/sasol-limited-loss-form?prid=5448&wire=9

If you suffered a loss in Sasol you have until April 6, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Westpac Banking Class Action Investigation; WBK Lawsuit

Class Action Reports

Levi & Korsinsky Announces Westpac Banking Class Action Investigation; WBK Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a WBK class action lawsuit has been commenced on behalf of investors who purchased Westpac Banking Corporation (WBK) securities between November 11, 2015 and November 19, 2019. For more on the Westpac Banking Class Action please contact us today.

According to the Westpac Banking lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) contrary to Australian law, the Company failed to report over 19.5 million international funds transfer instructions to the Australian Transaction Reports and Analysis Centre (“AUSTRAC”); (2) the Company did not appropriately monitor and assess the ongoing money laundering and terrorism financing risks associated with movement of money into and out of Australia; (3) the Westpac did not pass on requisite information about the source of funds to other banks in the transfer chain; (4) despite being aware of the heightened risks, the Company did not carry out appropriate due diligence on transactions in South East Asia and the Philippines that had known financial indicators relating to child exploitation risks; (5) the Company’s Anti-Money Laundering and Counter-Terrorism Financing Policy Program was inadequate to identify, mitigate and manage money laundering and terrorism financing risks; and (6) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE WBK CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/westpac-banking-corporation-loss-form?prid=5452&wire=9

If you suffered a loss in Westpac Banking you have until March 30, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Opera Class Action Investigation; OPRA Lawsuit

Class Action Reports

Levi & Korsinsky Announces Opera Class Action Investigation; OPRA Lawsuit

Levi & Korsinsky, LLP

February 10, 2020

Levi & Korsinsky, LLP announces that a OPRA class action lawsuit has been commenced on behalf of investors who purchased Opera Limited, (OPRA) (a) Opera American depositary shares pursuant and/or traceable to the Company’s initial public offering commenced on or about July 27, 2018 and/or (b) Opera securities between July 27, 2018 and January 15, 2020. For more on the Opera Class Action please contact us today.

According to the Opera lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Opera’s sustainable growth and market opportunity for its browser applications was significantly overstated; (2) Defendants’ funded, owned, or otherwise controlled loan services applications and/or businesses relied on predatory lending practices; (3) all the foregoing, once revealed, were reasonably likely to have a material negative impact on Opera’s financial prospects, especially with respect to its lending applications’ continued availability on the Google Play Store; and (4) as a result, the Offering Documents and Defendants’ statements were materially false and/or misleading and failed to state information required to be stated therein.

TO LEARN MORE ABOUT THE OPRA CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/opera-limited-loss-form?wire=9&prid=5367

If you suffered a loss in Opera you have until March 24, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Exelon Corporation Class Action Investigation; EXC Lawsuit

Class Action Reports

Levi & Korsinsky Announces Exelon Corporation Class Action Investigation; EXC Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a EXC class action lawsuit has been commenced on behalf of investors who purchased Exelon Corporation (EXC) securities between February 9, 2019 and November 1, 2019. For more on the Exelon Corporation Class Action please contact us today.

According to the Exelon Corporation lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Exelon and/or its employees were engaged in unlawful lobbying activities; (2) the foregoing increased the risk of a criminal investigation into Exelon; (3) Exelon subsidiary Commonwealth Edison’s revenues were in part the product of unlawful conduct and thus unsustainable; and (4) that, as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE EXC CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/exelon-corporation-loss-form?prid=5363&wire=9

If you suffered a loss in Exelon Corporation you have until February 14, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Qudian Class Action Investigation; QD Lawsuit

Class Action Reports

Levi & Korsinsky Announces Qudian Class Action Investigation; QD Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a QD class action lawsuit has been commenced on behalf of investors who purchased Qudian Inc. (QD) securities between December 13, 2018 and January 15, 2020. For more on the Qudian Class Action please contact us today.

According to the Qudian lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) regulatory developments in China threatened to negatively impact Qudian’s fiscal full year 2019 (“FY19”) financial results; (2) Qudian’s business was unprepared to mitigate the risks associated with these regulatory changes; (3) as a result, Qudian’s loan portfolio was plagued by growing delinquency rates; (4) all of the foregoing made Qudian’s repeated assertions concerning its FY19 financial guidance unrealistic; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE QD CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/qudian-inc-loss-form?prid=5351&wire=9

If you suffered a loss in Qudian you have until March 23, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Geron Corporation Class Action Investigation; GERN Lawsuit

Class Action Reports

Levi & Korsinsky Announces Geron Corporation Class Action Investigation; GERN Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a GERN class action lawsuit has been commenced on behalf of investors who purchased Geron Corporation (GERN) securities between March 19, 2018 and September 26, 2018. For more on the Geron Corporation Class Action please contact us today.

According to the Geron Corporation lawsuit, the filed complaint alleges that defendants misled investors regarding a drug called imetelstat, which was intended to treat certain cancers that occur in bone marrow. Specifically, defendants misled investors about the results of a clinical drug study of imetelstat called IMbark. That study was designed to ascertain whether imetelstat helped patients with a cancer called myelofibrosis.

TO LEARN MORE ABOUT THE GERN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/geron-corporation-et-al-loss-form?wire=9&prid=5348

If you suffered a loss in Geron Corporation you have until March 23, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Fiat Chrysler Automobiles N.V. Class Action Investigation; FCAU Lawsuit

Class Action Reports

Levi & Korsinsky Announces Fiat Chrysler Automobiles N.V. Class Action Investigation; FCAU Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a FCAU class action lawsuit has been commenced on behalf of investors who purchased Fiat Chrysler Automobiles N.V. (FCAU) securities between February 26, 2016 and November 20, 2019. For more on the Fiat Chrysler Automobiles N.V. Class Action please contact us today.

According to the Fiat Chrysler Automobiles N.V. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) as a result, Defendants’ statements about Fiat’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE FCAU CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/fiat-chrysler-automobiles-n-v-loss-form?wire=9&prid=5348

If you suffered a loss in Fiat Chrysler Automobiles N.V. you have until January 31, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Forescout Technologies Class Action Investigation; FSCT Lawsuit

Class Action Reports

Levi & Korsinsky Announces Forescout Technologies Class Action Investigation; FSCT Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a FSCT class action lawsuit has been commenced on behalf of investors who purchased Forescout Technologies, Inc. (FSCT) securities between February 7, 2019 and October 9, 2019. For more on the Forescout Technologies Class Action please contact us today.

According to the Forescout Technologies lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Forescout was experiencing significant volatility with respect to large deals and issues related to the timing and execution of deals in the Company’s pipeline, especially in Europe, the Middle East, and Africa; (2) the foregoing was reasonably likely to have a material negative impact on the Company’s financial results; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE FSCT CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/forescout-technologies-inc-loss-form?prid=5342&wire=9

If you suffered a loss in Forescout Technologies you have until March 2, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Merit Medical Systems Class Action Investigation; MMSI Lawsuit

Class Action Reports

Levi & Korsinsky Announces Merit Medical Systems Class Action Investigation; MMSI Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a MMSI class action lawsuit has been commenced on behalf of investors who purchased Merit Medical Systems, Inc. (MMSI) securities between February 26, 2019 and October 30, 2019. For more on the Merit Medical Systems Class Action please contact us today.

According to the Merit Medical Systems lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the integrations of acquired companies Cianna Medical, Inc. and Vascular Insights, LLC, including their products, sales people, and R&D facilities, had caused operational disruptions and reduced sales and were months behind schedule; (2) sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during FY19; and (3) in light of the foregoing, the Company’s reported financial guidance for FY19 and FY20 was made without a reasonable basis.

TO LEARN MORE ABOUT THE MMSI CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/merit-medical-systems-inc-loss-form?prid=5342&wire=9

If you suffered a loss in Merit Medical Systems you have until February 3, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Portola Pharmaceuticals Class Action Investigation; PTLA Lawsuit

Class Action Reports

Levi & Korsinsky Announces Portola Pharmaceuticals Class Action Investigation; PTLA Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a PTLA class action lawsuit has been commenced on behalf of investors who purchased Portola Pharmaceuticals, Inc. (PTLA) securities between November 5, 2019 and January 9, 2020. For more on the Portola Pharmaceuticals Class Action please contact us today.

According to the Portola Pharmaceuticals lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Portola’s internal control over financial reporting regarding reserve for product returns was not effective; (2) Portola was shipping longer-dated product with 36-month shelf life; (3) Portola had not established adequate reserve for returns of prior shipments of short-dated product; (4) as a result, Portola was reasonably likely to need to “catch up” on accounting for return reserves; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE PTLA CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/portola-pharmaceuticals-inc-loss-form?prid=5375&wire=9

If you suffered a loss in Portola Pharmaceuticals you have until March 16, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Green Dot Class Action Investigation; GDOT Lawsuit

Class Action Reports

Levi & Korsinsky Announces Green Dot Class Action Investigation; GDOT Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a GDOT class action lawsuit has been commenced on behalf of investors who purchased Green Dot Corporation (GDOT) securities between May 9, 2018 and November 7, 2019. For more on the Green Dot Class Action please contact us today.

According to the Green Dot lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Green Dot’s strategy to attract “high-value” long-term customers was at the expense of “one and done” customers; (2) Green Dot’s “one and done” customers represented a significant source of revenues in its legacy segment; (3) consequently, Green Dot’s strategy was self-sabotaging; and (4) as a result of the foregoing, Defendants’ statements about its business and operations were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE GDOT CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/green-dot-corporation-loss-form?prid=5375&wire=9

If you suffered a loss in Green Dot you have until February 18, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Baozun Class Action Investigation; BZUN Lawsuit

Class Action Reports

Levi & Korsinsky Announces Baozun Class Action Investigation; BZUN Lawsuit

Levi & Korsinsky, LLP

December 31, 2019

Levi & Korsinsky, LLP announces that a BZUN class action lawsuit has been commenced on behalf of investors who purchased Baozun Inc. (BZUN) securities between March 6, 2019 and November 20, 2019. For more on the Baozun Class Action please contact us today.

According to the Baozun lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Baozun was heavily reliant upon a single brand partner, Huawei, for the exponential service fee growth it had been reporting historically, which was in turn fueling its historical revenue growth; (2) compared to other brands Baozun had as brand partners, the Huawei work had historically included a lot of additional add-on service fees, increasing the revenue reported from Huawei vis-a-via its other brand partners; (3) Huawei, like other large brands, was actively preparing to bring its online merchandising in-house, meaning Baozun knew that it was losing a significant brand partner; and (4) as a result of the foregoing, the Company was not on track to achieve the financial results and performance Defendants claimed the Company was on track to achieve during the class period.

TO LEARN MORE ABOUT THE BZUN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/baozun-inc-loss-form?wire=9&prid=4837

If you suffered a loss in Baozun you have until February 10, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces X Financial Class Action Investigation; XYF Lawsuit

Class Action Reports

Levi & Korsinsky Announces X Financial Class Action Investigation; XYF Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a XYF class action lawsuit has been commenced on behalf of investors who purchased X Financial, (XYF) pursuant and/or traceable to the Company’s initial public offering in September 19, 2018. For more on the X Financial Class Action please contact us today.

According to the X Financial lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s total loan facilitation amount was not growing, but rather was contracting; (2) the number of investors actively using X Financial’s platform was shrinking; (3) demand from small- and medium-sized enterprises for the Company’s preferred loans was plummeting; (4) the Company’s preferred loans had performed so poorly that it had begun drastically scaling back its preferred loans in the first quarter of 2018, several months before the initial public offering (“IPO”), and was in the process of phasing out such loans completely; (5) demand for the Company’s card loans was also plummeting; (6) the revenue and loan facilitation growth provided in the registration statement leading up to the IPO was achieved by relaxed credit and due diligence standards, under which the Company had underwritten tens of millions of dollars’ worth of poor quality loans that suffered from a disproportionately high risk of default as compared to the Company’s earlier loan vintages; (7) the Company was suffering from accelerated delinquency rates from poor quality loans that it had underwritten in the first, second, and third quarters of 2018, which had caused the Company’s delinquency rate to sharply rise; (8) the Company’s product mix had significantly deteriorated; (9) the Company’s net revenue was on track to decline by 22% during the third quarter of 2018; and (10) as a result, the Registration Statement was materially false and/or misleading and failed to state information required to be stated therein.

TO LEARN MORE ABOUT THE XYF CLASS ACTION, VISIThttps://www.zlk.com/pslra-1/x-financial-loss-form?wire=9&prid=4837

If you suffered a loss in X Financial you have until February 7, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Adamas Pharmaceuticals Class Action Investigation; ADMS Lawsuit

Class Action Reports

Levi & Korsinsky Announces Adamas Pharmaceuticals Class Action Investigation; ADMS Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ADMS class action lawsuit has been commenced on behalf of investors who purchased Adamas Pharmaceuticals, Inc. (ADMS) securities between August 8, 2017 and September 30, 2019. For more on the Adamas Pharmaceuticals Class Action please contact us today.

According to the Adamas Pharmaceuticals lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) health insurers were excluding Adamas’s primary product, GOCOVRI, from their prescription formularies or requiring patients to use “step therapy” – i.e., making patients try immediate-release amantadine prior to covering GOCOVRI; (2) the rapid increase in physicians prescribing GOCOVRI during the Class Period was not due to its efficacy; and (3) as a result of the foregoing, the Company’s financial statements about Adamas’s business, operations, and prospects were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE ADMS CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/adamas-pharmaceuticals-inc-loss-form?wire=9&prid=4837

If you suffered a loss in Adamas Pharmaceuticals you have until February 10, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Baxter International Class Action Investigation; BAX Lawsuit

Class Action Reports

Levi & Korsinsky Announces Baxter International Class Action Investigation; BAX Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a BAX class action lawsuit has been commenced on behalf of investors who purchased Baxter International Inc. (BAX) securities between February 21, 2019 and October 23, 2019. For more on the Baxter International Class Action please contact us today.

According to the Baxter International lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) certain intra-Company transactions, undertaken for the purpose of generating foreign exchange gains and losses, used foreign exchange rate conventions that were not in accordance with GAAP and enabled intra-Company transactions to be undertaken after the related exchange rates were already known; (2) the Company lacked effective internal control over financial reporting; (3) as a result, the Company’s financial statements were misstated and would likely require correction or amendment; (4) due to the Company’s internal investigation, Baxter would not be able to file its quarterly report for the period ending September 30, 2019, with the SEC on Form 10-Q in a timely manner; and (5) as a result of the foregoing, Defendants’ statements about the Company’s business and operations lacked a reasonable basis.

TO LEARN MORE ABOUT THE BAX CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/baxter-international-inc-loss-form?prid=4806&wire=9

If you suffered a loss in Baxter International you have until January 24, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Prudential Financial Class Action Investigation; PRU Lawsuit

Class Action Reports

Levi & Korsinsky Announces Prudential Financial Class Action Investigation; PRU Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a PRU class action lawsuit has been commenced on behalf of investors who purchased Prudential Financial, Inc. (PRU) securities between February 15, 2019 and August 2, 2019. For more on the Prudential Financial Class Action please contact us today.

According to the Prudential Financial lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s reserve assumptions failed to account for adversely developing mortality experience in the Individual Life business segment; (2) the Company was not over-reserved, but instead, its reported reserves, particularly for the Individual Life business segment, were insufficient to satisfy its future policy benefits liabilities; and (3) the Company had materially understated its liabilities and overstated net income as a result of flawed assumptions in calculating mortality experience.

TO LEARN MORE ABOUT THE PRU CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?prid=4824&wire=9

If you suffered a loss in Prudential Financial you have until January 27, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces HEXO Class Action Investigation; HEXO Lawsuit

Class Action Reports

Levi & Korsinsky Announces HEXO Class Action Investigation; HEXO Lawsuit

Levi & Korsinsky, LLP

December 2, 2019

Levi & Korsinsky, LLP announces that a HEXO class action lawsuit has been commenced on behalf of investors who purchased HEXO Corp. (HEXO) securities between January 25, 2019 and November 15, 2019. For more on the HEXO Class Action please contact us today.

According to the HEXO lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) HEXO’s reported inventory was misstated as the Company was failing to write down or write off obsolete product that no longer had value; (2) HEXO was engaging in channel-stuffing in order to inflate its revenue figures and meet or exceed revenue guidance provided to investors; (3) HEXO was cultivating cannabis at its facility in Niagara, Ontario that was not appropriately licensed by Health Canada; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE HEXO CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/hexo-corp-loss-form?wire=9&prid=4629

If you suffered a loss in HEXO you have until January 27, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces The RealReal Class Action Investigation; REAL Lawsuit

Class Action Reports

Levi & Korsinsky Announces The RealReal Class Action Investigation; REAL Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a REAL class action lawsuit has been commenced on behalf of investors who purchased The RealReal, Inc. (REAL) pursuant and/or traceable to the Company’s initial public offering in June 27, 2019. For more on the The RealReal Class Action please contact us today.

According to the The RealReal lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s employees received little training on how to spot fake items; (2) the Company’s strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through Company’s authentication process was higher than disclosed; and (4) as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE REAL CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/the-realreal-inc-loss-form?wire=9&prid=4617

If you suffered a loss in The RealReal you have until January 24, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Resideo Technologies Class Action Investigation; REZI Lawsuit

Class Action Reports

Levi & Korsinsky Announces Resideo Technologies Class Action Investigation; REZI Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a REZI class action lawsuit has been commenced on behalf of investors who purchased Resideo Technologies, Inc. (REZI) securities between October 29, 2018 and October 22, 2019. For more on the Resideo Technologies Class Action please contact us today.

According to the Resideo Technologies lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the negative operational effects of the Company’s spin-off from Honeywell International Inc. were more substantial and persistent than disclosed and had negatively affected Resideo’s product sales, supply chain, and gross margins, putting the Company’s FY19 financial forecasts at risk; and (2) as a result of the foregoing, the Company’s financial guidance lacked a reasonable basis and the Company was not on track to make its FY19 guidance as claimed.

TO LEARN MORE ABOUT THE REZI CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/resideo-technologies-inc-loss-form?wire=9&prid=4609

If you suffered a loss in Resideo Technologies you have until January 7, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Yunji Class Action Investigation; YJ Lawsuit

Class Action Reports

Levi & Korsinsky Announces Yunji Class Action Investigation; YJ Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a YJ class action lawsuit has been commenced on behalf of investors who purchased Yunji Inc. (YJ) pursuant and/or traceable to the Company’s initial public offering in May 2019. For more on the Yunji Class Action please contact us today.

According to the Yunji lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company was shifting certain of its sales to its marketplace platform; (2) this supply chain restructuring was likely to disrupt Yunji’s relationships with suppliers; (3) this supply chain restructuring was likely to have an adverse impact on the Company’s financial results; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE YJ CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/yunji-inc-loss-form?prid=4602&wire=9

If you suffered a loss in Yunji you have until January 13, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Energy Transfer Class Action Investigation; ET Lawsuit

Class Action Reports

Levi & Korsinsky Announces Energy Transfer Class Action Investigation; ET Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ET class action lawsuit has been commenced on behalf of investors who purchased Energy Transfer LP, (ET) securities between February 25, 2017 and November 11, 2019. For more on the Energy Transfer Class Action please contact us today.

According to the Energy Transfer lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Energy Transfer’s permits to conduct the Mariner East pipeline project in Pennsylvania were secured via bribery and/or other improper conduct; (2) the foregoing misconduct increased the risk that the Partnership and/or certain of its employees would be subject to government and/or regulatory action, thereby depreciating the Partnership’s unit value; and (3) as a result, the Partnership’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE ET CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/energy-transfer-lp-loss-form?prid=4588&wire=9

If you suffered a loss in Energy Transfer you have until January 20, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Sealed Air Corporation Class Action Investigation; SEE Lawsuit

Class Action Reports

Levi & Korsinsky Announces Sealed Air Class Action Investigation; SEE Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SEE class action lawsuit has been commenced on behalf of investors who purchased Sealed Air Corporation, (SEE) securities between November 5, 2014 and August 6, 2018. For more on the Sealed Air Class Action please contact us today.

According to the Sealed Air lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Sealed Air had hired its auditor, E&Y, pursuant to a conflicted and improper process and in order to help facilitate defendants’ efforts to engage in accounting fraud; (2) Sealed Air’s deduction of $1.49 billion in connection with the Settlement was indefensible and done for the improper purpose of artificially inflating the Company’s financial results; (3) Sealed Air had artificially inflated its earnings, cash flows, and operating income during the Class Period; (4) as a result of the above, Sealed Air’s Class Period financial statements were materially false and misleading and not prepared in conformance with GAAP; and (5) as a result of the above, Sealed Air’s statements regarding its financial results, business, and prospects were materially misleading.

TO LEARN MORE ABOUT THE SEE CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/sealed-air-corporation-loss-form?wire=9&prid=4579

If you suffered a loss in Sealed Air you have until December 31, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Plantronics Class Action Investigation; PLT Lawsuit

Class Action Reports

Levi & Korsinsky Announces Plantronics Class Action Investigation; PLT Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a PLT class action lawsuit has been commenced on behalf of investors who purchased Plantronics, Inc. (PLT) securities between July 2, 2018 and November 5, 2019. For more on the Plantronics Class Action please contact us today.

According to the Plantronics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had engaged in channel stuffing to artificially boost sales; (2) the Company’s internal control over inventory levels was not effective; (3) the Company had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE PLT CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/plantronics-inc-loss-form?wire=9&prid=4578

If you suffered a loss in Plantronics you have until January 13, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Aurora Cannabis Class Action Investigation; ACB Lawsuit

Class Action Reports

Levi & Korsinsky Announces Aurora Cannabis Class Action Investigation; ACB Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ACB class action lawsuit has been commenced on behalf of investors who purchased Aurora Cannabis Inc. (ACB) securities between September 11, 2019 and November 14, 2019. For more on the Aurora Cannabis Class Action please contact us today.

According to the Aurora Cannabis lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) as opposed to the Company’s representations, Aurora’s revenue would decline in its first quarter of fiscal 2020 ended September 30, 2019; (2) the Company would halt construction on its Aurora Nordic 2 and Aurora Sun facilities; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE ACB CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/aurora-cannabis-inc-loss-form?prid=4567&wire=9

If you suffered a loss in Aurora Cannabis you have until January 21, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Grubhub Class Action Investigation; GRUB Lawsuit

Class Action Reports

Levi & Korsinsky Announces Grubhub Class Action Investigation; GRUB Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a GRUB class action lawsuit has been commenced on behalf of investors who purchased Grubhub Inc. GRUB) securities between July 30, 2019 and October 28, 2019. For more on the Grubhub Class Action please contact us today.

According to the Grubhub lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) customer orders were actually declining, despite the massive investments that the Company had made to spur demand for and use of its platform; (2) Grubhub’s new customer additions were generating significantly lower revenues as compared to historic cohorts because these customers were more prone to using competitor platforms; (3) Grubhub’s vaunted business model under which it secured exclusive partnerships had failed, and Grubhub needed to engage in the same aggressive nonpartnered sales tactics embraced by its competitors to generate significant revenue growth; (4) Grubhub was required to spend substantial additional capital in order to grow revenues and retain market share in the face of heightened competitive dynamics and market saturation, eviscerating the Company’s profitability; and (5) Grubhub was tracking tens of millions of dollars below its revenue and earnings guidance and such guidance lacked any reasonable basis.

TO LEARN MORE ABOUT THE GRUB CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/grubhub-inc-loss-form?prid=4567&wire=9

If you suffered a loss in Grubhub you have until January 20, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Canopy Growth Corporation Class Action Investigation; CGC Lawsuit

Class Action Reports

Levi & Korsinsky Announces Canopy Growth Corporation Class Action Investigation; CGC Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CGC class action lawsuit has been commenced on behalf of investors who purchased Canopy Growth Corporation (CGC) securities between June 21, 2019 and November 13, 2019. For more on the Canopy Growth Corporation Class Action please contact us today.

According to the Canopy Growth Corporation lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing weak demand for its softgel and oil products; (2) as a result, the Company would be forced to take a CA$32.7 million restructuring charge due to poor sales, excessive returns, and excess inventory; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE CGC CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/canopy-growth-corporation-loss-form?prid=4567&wire=9

If you suffered a loss in Canopy Growth Corporation you have until January 20, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Quad/Graphics Class Action Investigation; QUAD Lawsuit

Class Action Reports

Levi & Korsinsky Announces Quad/Graphics Class Action Investigation; QUAD Lawsuit

Levi & Korsinsky, LLP

November 14, 2019

Levi & Korsinsky, LLP announces that a QUAD class action lawsuit has been commenced on behalf of investors who purchased Quad/Graphics, Inc. (QUAD) securities between February 21, 2018 and October 29, 2019. For more on the Quad/Graphics Class Action please contact us today.

According to the Quad/Graphics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s book business in United States was underperforming; (2) as a result, the Company was likely to divest its book business; (3) the Company was unreasonably vulnerable to decreases in market prices; (4) to remain financially flexible while market prices decreased, the Company was likely to cut its quarterly dividend and expand its cost reduction programs; and (5) as a result of the foregoing, positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE QUAD CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/quad-graphics-inc-loss-form?wire=9&prid=4336

If you suffered a loss in Quad/Graphics you have until January 6, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Pareteum Class Action Investigation; TEUM Lawsuit

Class Action Reports

Levi & Korsinsky Announces Pareteum Class Action Investigation; TEUM Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TEUM class action lawsuit has been commenced on behalf of investors who purchased Pareteum Corporation, (TEUM) securities between December 14, 2017 and October 21, 2019. For more on the Pareteum Class Action please contact us today.

According to the Pareteum lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) it  was  not  true  that  the  Company’s  purported success was the result of hyper-demand for Pareteum’s unique products or exceptional service,  or  the  Company’s  competent  management;  but,  in  fact,  Defendants  had  propped  up  the  Company’s  results  by  manipulating  Pareteum’s  accounting  for  revenues, income, and the important Backlog metric; (2) Defendants had  materially  overstated  the  Company’s  profitability  by  failing  to  properly  account  for  the  Company’s results of operations and by artificially inflating the Company’s financial results; (3) it was not true that Pareteum contained even the most minimally adequate systems of internal operational or financial controls necessary to assure that Pareteum’s reported financial statements were true, accurate, and/or reliable; (4) as a result, it also was not true that the Company’s financial statements and reports were prepared in accordance with GAAP and SEC rules; and (5) as  a  result  of  the  aforementioned  adverse  conditions, Defendants lacked any reasonable basis to claim that  Pareteum  was  operating  according  to  plan,  or  that  Pareteum  could  achieve  the  guidance  sponsored and/or endorsed by Defendants.

TO LEARN MORE ABOUT THE TEUM CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/pareteum-corporation-loss-form?wire=9&prid=4336

If you suffered a loss in Pareteum you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces iRobot Class Action Investigation; IRBT Lawsuit

Class Action Reports

Levi & Korsinsky Announces iRobot Class Action Investigation; IRBT Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a IRBT class action lawsuit has been commenced on behalf of investors who purchased iRobot Corporation, (IRBT) securities between November 21, 2016 and October 22, 2019. For more on the iRobot Class Action please contact us today.

According to the iRobot lawsuit, defendants misrepresented the reason for iRobot’s acquisitions of Tokyo-based Sales on Demand Corporation and privately-held Robopolis SAS, which was to control the Company’s largest distributors so that defendants could inflate sales and revenue figures by stuffing the channel. Defendants further misled investors by repeatedly telling them throughout the Class Period that the Company was seeing continued double-digit revenue growth, and by attributing the growth to increased demand for the Roomba vacuums, when in reality defendants were engaging in channel-stuffing to artificially boost sales. Defendants also misstated that the Company’s channel inventory levels had not changed and would not change dramatically from quarter to quarter or year over year, when in fact iRobot was deliberately stuffing the channel in order to claim false revenue growth.

TO LEARN MORE ABOUT THE IRBT CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/irobot-corporation-loss-form?wire=9&prid=4335

If you suffered a loss in iRobot you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Under Armour Class Action Investigation; UA Lawsuit

Class Action Reports

Levi & Korsinsky Announces Under Armour Class Action Investigation; UA Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a UA class action lawsuit has been commenced on behalf of investors who purchased Under Armour, Inc. (UA) securities between August 3, 2016 and November 1, 2019. For more on the Under Armour Class Action please contact us today.

According to the Under Armour lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Under Armour shifted sales from quarter to quarter to appear healthier, including to keep pace with their long-running year-over-year 20% net revenue growth; (2) undisclosed to the investing public, the Company had been under investigation by and cooperating with the U.S. Department of Justice and U.S. Securities and Exchange Commission since at least July 2017; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE UA CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/under-armour-inc-loss-form?wire=9&prid=4333

If you suffered a loss in Under Armour you have until January 6, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Azz Class Action Investigation; AZZ Lawsuit

Class Action Reports

Levi & Korsinsky Announces Azz Class Action Investigation; AZZ Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a AZZ class action lawsuit has been commenced on behalf of investors who purchased Azz, Inc. (AZZ) securities between July 3, 2018 and October 8, 2019. For more on the Azz Class Action please contact us today.

According to the Azz lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s internal controls over financial reporting were not effective; (2) the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE AZZ CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/azz-inc-loss-form?prid=4329&wire=9.

If you suffered a loss in Azz you have until January 3, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces UP Fintech Holding Class Action Investigation; TIGR Lawsuit

Class Action Reports

Levi & Korsinsky Announces UP Fintech Holding Class Action Investigation; TIGR Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a TIGR class action lawsuit has been commenced on behalf of investors who purchased UP Fintech Holding Limited, (TIGR) (a) Fintech American Depository Shares pursuant and/or traceable to the Company’s initial public offering conducted on or about March 20, 2019; or (b) Fintech securities between March 20, 2019 and May 16, 2019. For more on the UP Fintech Holding Class Action please contact us today.

According to the UP Fintech Holding lawsuit, (1) Fintech was experiencing a material decrease in commissions because of a negative trend related to risk-averse investors in the market; (2) Fintech was unable to absorb costs associated with the rapid growth of its business and its status as a publicly listed company on a U.S. exchange; (3) Fintech was incurring significant additional expenses related to, inter alia, employee headcount and employee compensation and benefits; (4) all of the foregoing had led to Fintech significantly increasing operating costs and expenses; and (5) as a result, the documents filed by the Company in connection with the initial public offering were materially false and/or misleading and failed to state information required to be stated therein, and the Company’s Class Period statements were likewise materially false and/or misleading.

TO LEARN MORE ABOUT THE TIGR CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/up-fintech-holding-limited-loss-form?prid=4316&wire=9.

If you suffered a loss in UP Fintech Holding you have until January 6, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Zendesk Class Action Investigation; ZEN Lawsuit

Class Action Reports

Levi & Korsinsky Announces Zendesk Class Action Investigation; ZEN Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ZEN class action lawsuit has been commenced on behalf of investors who purchased Zendesk, Inc. (ZEN) securities between February 6, 2019 and October 1, 2019. For more on the Zendesk Class Action please contact us today.

According to the Zendesk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Zendesk’s clients had been subject to data breaches dating back to 2016; (2) Zendesk was experiencing slowing demand for its Software as a Service offerings, particularly in Germany, the United Kingdom, and Australia, due in large part to political uncertainty and China trade issues there; and (3) as a result of the foregoing, Zendesk’s business metrics and financial prospects were not as strong as defendants had led the market to believe during the Class Period.

TO LEARN MORE ABOUT THE ZEN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/zendesk-inc-loss-form?prid=4320&wire=9.

If you suffered a loss in Zendesk you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Domo Class Action Investigation; DOMO Lawsuit

Class Action Reports

Levi & Korsinsky Announces Domo Class Action Investigation; DOMO Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a DOMO class action lawsuit has been commenced on behalf of investors who purchased Domo, Inc. (DOMO) pursuant and/or traceable to the Company’s initial public offering commenced on or around June 29, 2018; or (b) Domo securities between June 28, 2018 and September 5, 2019, both dates inclusive. For more on the Domo Class Action please contact us today.

According to the Domo lawsuit, (1) Domo was experiencing weakness in its enterprise and international businesses; (2) Domo’s billings growth had dramatically slowed; (3) all of the foregoing was reasonably likely to have a material negative impact on the Company’s financial results; and (4) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein and the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE DOMO CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/domo-inc-loss-form?prid=4320&wire=9.

If you suffered a loss in Domo you have until December 16, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Twitter Class Action Investigation; TWTR Lawsuit

Class Action Reports

Levi & Korsinsky Announces Twitter Class Action Investigation; TWTR Lawsuit

Levi & Korsinsky, LLP

November 7, 2019

Levi & Korsinsky, LLP announces that a TWTR class action lawsuit has been commenced on behalf of investors who purchased Twitter, Inc. (TWTR) securities between August 6, 2019 and October 23, 2019. For more on the Twitter Class Action please contact us today.

According to the Twitter lawsuit, defendants engaged in a scheme to deceive the market and a course of conduct that artificially inflated Twitter’s common share price and operated as a fraud or deceit on purchasers of Twitter common stock by misrepresenting the Company’s operating condition and future business prospects. The scheme was perpetrated by making positive statements about Twitter’s business while defendants knew, or disregarded with deliberate recklessness, certain adverse facts. When defendants’ prior misrepresentations were disclosed and became apparent to the market, the price of Twitter’s common stock fell precipitously.

TO LEARN MORE ABOUT THE TWTR CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/twitter-inc-loss-form?wire=3

If you suffered a loss in Twitter you have until December 30, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces ProPetro Holding Class Action Investigation; PUMP Lawsuit

Class Action Reports

Levi & Korsinsky Announces ProPetro Holding Class Action Investigation; PUMP Lawsuit

Levi & Korsinsky, LLP

November 5, 2019

Levi & Korsinsky, LLP announces that a PUMP class action lawsuit has been commenced on behalf of investors who purchased ProPetro Holding Corp. (PUMP) pursuant and/or traceable to the Company’s initial public offering in March 2017 and/or between February 17, 2017 and August 8, 2019. For more on the ProPetro Holding Class Action please contact us today.

According to the ProPetro Holding lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s executive officers were improperly reimbursed for certain expenses; (2) the Company had engaged in certain undisclosed transactions with related parties; (3) the Company lacked adequate disclosure controls and procedures; (4) the Company lacked effective internal control over financial reporting; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE PUMP CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/propetro-holding-corp-loss-form?wire=3

If you suffered a loss in ProPetro Holding you have until November 15, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Uniti Group Class Action Investigation; UNIT Lawsuit

Class Action Reports

Levi & Korsinsky Announces Uniti Group Class Action Investigation; UNIT Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a UNIT class action lawsuit has been commenced on behalf of investors who purchased Uniti Group Inc. (UNIT) securities between April 20, 2015 and February 15, 2019. For more on the Uniti Group Class Action please contact us today.

According to the Uniti Group lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Uniti’s financial results were not sustainable because its customer Windstream had defaulted on its unsecured notes; and (2) as a result of the foregoing, Defendants’ statements about Uniti’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE UNIT CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/uniti-group-inc-loss-form?wire=3

If you suffered a loss in Uniti Group you have until December 30, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Slack Technologies Class Action Investigation; WORK Lawsuit

Class Action Reports

Levi & Korsinsky Announces Slack Technologies Class Action Investigation; WORK Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a WORK class action lawsuit has been commenced on behalf of investors who purchased Slack Technologies, Inc. (WORK) pursuant and/or traceable to the Company’s initial public offering in June 20, 2019. For more on the Slack Technologies Class Action please contact us today.

According to the Slack Technologies lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Slack Platform was susceptible to recurring service-level disruptions; (2) such disruptions were increasingly likely to occur as the Company scaled its services to a larger user base; (3) the Company provides credits even if a customer was not specifically affected by service-level disruptions; (4) as a result, any service-level disruptions would have a material adverse impact on the Company’s financial results; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE WORK CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/slack-technologies-inc-loss-form?wire=3

If you suffered a loss in Slack Technologies you have until November 18, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Uber Technologies Class Action Investigation; UBER Lawsuit

Class Action Reports

Levi & Korsinsky Announces Uber Technologies Class Action Investigation; UBER Lawsuit

Levi & Korsinsky, LLP

October 25, 2019

Levi & Korsinsky, LLP announces that a UBER class action lawsuit has been commenced on behalf of investors who purchased Uber Technologies, Inc. (UBER) pursuant and/or traceable to the Company’s initial public offering in May 10, 2019. For more on the Uber Technologies Class Action please contact us today.

According to the Uber Technologies lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) at the time of the initial public offering, Uber was rapidly increasing subsidies for customer’s rides and meals in a bid for market share, which caused the Company’s sales and marketing expenses to swell; and (2) Defendants were cutting (or planned to cut) costs in key areas that undermined the Company’s central growth opportunities.

TO LEARN MORE ABOUT THE UBER CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/uber-technologies-inc-loss-form?prid=4016&wire=1

If you suffered a loss in Uber Technologies you have until December 3, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces The Chemours Company Class Action Investigation; CC Lawsuit

Class Action Reports

Levi & Korsinsky Announces The Chemours Company Class Action Investigation; CC Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CC class action lawsuit has been commenced on behalf of investors who purchased The Chemours Company, (CC) securities between February 16, 2017 and August 1, 2019. For more on the The Chemours Company Class Action please contact us today.

According to the The Chemours Company lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Chemours had not appropriately accounted and accrued reserves for its environmental liabilities; (2) the possibility of costs exceeding accrued amounts was greater than the Company had represented to a point that could be material; (3) the Company’s policies, standards and procedures were not properly designed to prevent unreasonable risk of harm to people and the environment (4) Chemours’  handling, manufacture, use, and disposal of hazardous substances was not in accordance with applicable environmental laws and regulations; and (5) as a result of these misrepresentations, Chemours shares traded at artificially inflated prices.

TO LEARN MORE ABOUT THE CC CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/the-chemours-company-loss-form?wire=3

If you suffered a loss in The Chemours Company you have until December 9, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Dropbox Class Action Investigation; DBX Lawsuit

Class Action Reports

Levi & Korsinsky Announces Dropbox Class Action Investigation; DBX Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a DBX class action lawsuit has been commenced on behalf of investors who purchased Dropbox, Inc. (DBX) pursuant and/or traceable to the Company’s initial public offering in March 23, 2018. For more on the Dropbox Class Action please contact us today.

According to the Dropbox lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Dropbox had materially overstated its ability to monetize its user base; (2) Dropbox was facing worsening revenue trends, which were negatively impacting the Company at the time of the initial public offering (“IPO”); (3) Dropbox was tracking below its internal revenue and monetization targets at the time of the IPO; and (4) as a result, defendants’ statements about Dropbox’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE DBX CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/dropbox-inc-loss-form?wire=3

If you suffered a loss in Dropbox you have until December 3, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Infosys Class Action Investigation; INFY Lawsuit

Class Action Reports

Levi & Korsinsky Announces Infosys Class Action Investigation; INFY Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a INFY class action lawsuit has been commenced on behalf of investors who purchased Infosys Limited, (INFY) securities between July 7, 2018 and October 20, 2019. For more on the Infosys Class Action please contact us today.

According to the Infosys lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company’s finance team to hide information from auditors and the Company’s Board of Directors; and (4) as a result of the aforementioned misconduct, Defendants’ statements about Infosys’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE INFY CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/infosys-limited-loss-form?wire=3

If you suffered a loss in Infosys you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Ruhnn Holding Class Action Investigation; RUHN Lawsuit

Class Action Reports

Levi & Korsinsky Announces Ruhnn Holding Class Action Investigation; RUHN Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a RUHN class action lawsuit has been commenced on behalf of investors who purchased Ruhnn Holding Limited (RUHN) pursuant and/or traceable to the Company’s initial public offering in April 3, 2019. For more on the Ruhnn Holding Class Action please contact us today.

According to the Ruhnn Holding lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) at the time of the initial public offering (“IPO”), the number of Ruhnn’s online stores had declined by nearly 40%; (2) at the time of the IPO, the number of Ruhnn’s full-service Key Opinion Leaders had declined by nearly 44%; (3) as a result, the Company’s net revenues derived from its full-service segment had declined by 46% on a sequential basis; and (3) as a result, defendants’ statements about Ruhnn’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE RUHN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/ruhnn-holding-limited-loss-form?wire=3

If you suffered a loss in Ruhnn Holding you have until December 6, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Capital One Financial Corporation Class Action Investigation; COF Lawsuit

Class Action Reports

Levi & Korsinsky Announces Capital One Financial Corporation Class Action Investigation; COF Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a COF class action lawsuit has been commenced on behalf of investors who purchased Capital One Financial Corporation (COF) securities between February 2, 2018 and July 29, 2019. For more on the Capital One Financial Corporation Action please contact us today.

According to the Capital One Financial Corporation lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company did not maintain robust information security protections, and its protection did not shield personal information against security breaches; (2) such deficiencies heightened the Company’s exposure to a cyber-attack; and (3) as a result, Capital One’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE COF CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/capital-one-financial-corporation-loss-form?wire=3

If you suffered a loss in Capital One Financial Corporation you have until December 2, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces ADTRAN Class Action Investigation; ADTN Lawsuit

Class Action Reports

Levi & Korsinsky Announces ADTRAN Class Action Investigation; ADTN Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a ADTN class action lawsuit has been commenced on behalf of investors who purchased ADTRAN, Inc. (ADTN) securities between February 28, 2019 and October 9, 2019. For more on the ADTRAN Class Action please contact us today.

According to the ADTRAN lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) there were material weaknesses in the Company’s internal control over financial reporting; (2) as a result, certain E&O reserves had been improperly reported; (3) as a result, the Company’s financial results for certain periods were misstated; (4) there would be a pause in shipments to the Company’s Latin American customer; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE ADTN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/adtran-inc-loss-form?wire=3

If you suffered a loss in ADTRAN you have until December 16, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Overstock.com Class Action Investigation; OSTK Lawsuit

Class Action Reports

Levi & Korsinsky Announces Overstock.com Class Action Investigation; OSTK Lawsuit

Levi & Korsinsky, LLP

October 9, 2019

Levi & Korsinsky, LLP announces that a OSTK class action lawsuit has been commenced on behalf of investors who purchased Overstock.com, Inc. (OSTK) securities between May 9, 2019 and September 23, 2019. For more on the Overstock.com Class Action please contact us today.

According to the Overstock.com lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) it was not true that Overstock would be able to support the launch of its tZERO crypto currency with earnings or cash flow from its retail operations and that whatever marginal improvements defendants had made by cutting costs and engineering earnings could not be sustained so as to generate positive EBITDA or cash from operations necessary to support its crypto currency operations; (2) there were extreme additional risks and substantial volatility in the price of Company shares was foreseeable, given defendants’ undisclosed plan to offer its tZERO Preferred Share Dividend as a means to squeeze short sellers out of Overstock and to prevent them from holding legitimate positions in the Company; (3) there was a foreseeable likelihood that the Company’s ability to accomplish its intended short squeeze would embolden the SEC or even market participants, such as major brokerage houses, to act to prevent this market manipulation; (4) it was not true that Overstock contained adequate systems of internal operational or financial controls, such that Overstock’s quarterly reports filed with the SEC were true, accurate or reliable; (5) as a result of the foregoing, it also was not true that the Company’s quarterly reports filed with the SEC were prepared in accordance with GAAP ad SEC rules; and (6) as a result of the aforementioned adverse conditions which defendants failed to disclose, defendants lacked any reasonable basis to claim that Overstock was operating according to plan, or that Overstock could achieve guidance sponsored and/or endorsed by defendants.

TO LEARN MORE ABOUT THE OSTK CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/overstock-com-inc-loss-form?prid=3795&wire=1

If you suffered a loss in Overstock.com you have until November 26, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 1000

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Altria Group Class Action Investigation; MO Lawsuit

Class Action Reports

Levi & Korsinsky Announces Altria Group Class Action Investigation; MO Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a MO class action lawsuit has been commenced on behalf of investors who purchased Altria Group, Inc. (MO) securities between December 20, 2018 and September 24, 2019. For more on the Altria Group Class Action please contact us today.

According to the Altria Group lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Altria had conducted insufficient due diligence into JUUL prior to the Company’s $12.8 billion investment, or 35% stake, in JUUL; (2) Altria consequently failed to inform investors, or account for, material risks associated with JUUL’s products and marketing practices, and the true value of JUUL and its products; (3) all of the foregoing, as well as mounting public scrutiny, negative publicity, and governmental pressure on e-vapor products and JUUL made it reasonably likely that Altria’s investment in JUUL would have a material negative impact on the Company’s reputation and operations; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE MO CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/altria-group-inc-loss-form?prid=3795&wire=1

If you suffered a loss in Altria Group you have until December 2, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Smiledirectclub Class Action Investigation; SDC Lawsuit

Class Action Reports

Levi & Korsinsky Announces Smiledirectclub Class Action Investigation; SDC Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a SDC class action lawsuit has been commenced on behalf of investors who purchased Smiledirectclub Inc. (SDC) pursuant and/or traceable to the Company’s initial public offering in September 2019. For more on the Smiledirectclub Class Action please contact us today.

According to the Smiledirectclub lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) administrative personnel, rather than licensed doctors, provided treatment to the Company’s customers and monitored their progress; (2) as a result, the Company’s practices did not qualify as teledentistry under applicable standards; (3) as a result, the Company was subject to regulatory scrutiny for the unlicensed practice of dentistry; (4) the efficacy of the Company’s treatment was overstated; (5) the Company had concealed these deceptive marketing practices prior to the IPO; and (6) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE SDC CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/smiledirectclub-inc-loss-form?prid=3817&wire=1

If you suffered a loss in Smiledirectclub you have until December 2, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Covetrus Class Action Investigation; CVET Lawsuit

Class Action Reports

Levi & Korsinsky Announces Covetrus Class Action Investigation; CVET Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CVET class action lawsuit has been commenced on behalf of investors who purchased Covetrus, Inc. (CVET) securities between February 8, 2019 and August 12, 2019. For more on the Covetrus Class Action please contact us today.

According to the Covetrus lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had overstated its capabilities with regard to inventory management and supply chain services; (2) Covetrus had understated the costs of the integration of Henry Schein’s Animal Health Business and VFC, including the timing and nature of those costs; (3) Covetrus had understated its separation costs from Henry Schein; and (4) the Company understated the impact on earnings from online competition and alternative distribution channels as well as the impact of the loss of a large customer in North America just prior to the Company’s separation from Henry Schein.

TO LEARN MORE ABOUT THE CVET CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/covetrus-inc-loss-form?prid=3821&wire=1

If you suffered a loss in Covetrus you have until November 29, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Myriad Genetics Class Action Investigation; MYGN Lawsuit

Class Action Reports

Levi & Korsinsky Announces Myriad Genetics Class Action Investigation; MYGN Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a MYGN class action lawsuit has been commenced on behalf of investors who purchased Myriad Genetics, Inc. (MYGN) securities between September 2, 2016 and August 13, 2019. For more on the Myriad Genetics Class Action please contact us today.

According to the Myriad Genetics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Myriad’s product, GeneSight, lacked evidence or information sufficient to support the tests in their current form, including their purported benefits; (2) the U.S. Food and Drug Administration (“FDA”) had requested changes to GeneSight and questioned the validity of the test’s purported benefits; (3) Myriad had been in ongoing discussions with the FDA regarding the FDA’s requested changes to GeneSight; (4) Myriad’s acquisition of Counsyl-and thereby, Foresight-caused the Company to incur the risk of suffering from lower reimbursement for its expanded carrier screening tests, which had the potential to, and actually did, materialize into a material negative impact on the Company’s revenue; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE MYGN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/myriad-genetics-inc-loss-form?prid=3820&wire=1

If you suffered a loss in Myriad Genetics you have until November 26, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Waitr Holdings Class Action Investigation; WTRH Lawsuit

Class Action Reports

Levi & Korsinsky Announces Waitr Holdings Class Action Investigation; WTRH Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a WTRH class action lawsuit has been commenced on behalf of investors who purchased Waitr Holdings Inc. (WTRH) securities between May 17, 2018 and August 8, 2019. For more on the Waitr Holdings Class Action please contact us today.

According to the Waitr Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Waitr lacked a plan to achieve profitability and, contrary to the statements of Company founder Chris Meaux, Waitr was not at or near profitability and Defendants had created the illusion of financial stability by engaging in a host of illegal and improper activities each designed to inflate revenues and earnings-such as unilaterally breaking low-rate contracts and imposing significantly higher rates, and by refusing to pay drivers for mileage related expenses-both of which ultimately resulted in independent class action lawsuits; and (2) Waitr’s technology provided no real advantage and the Company could not obtain the developer, programming, or engineering resources necessary to enhance, maintain, and develop industry leading software from its headquarter location in Lake Charles, Louisiana.

TO LEARN MORE ABOUT THE WTRH CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/waitr-holdings-inc-loss-form?prid=3820&wire=1

If you suffered a loss in Waitr Holdings you have until November 26, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Match Group Class Action Investigation; MTCH Lawsuit

Class Action Reports

Levi & Korsinsky Announces Match Group Class Action Investigation; MTCH Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a MTCH class action lawsuit has been commenced on behalf of investors who purchased Match Group, Inc. (MTCH) securities between August 6, 2019 and September 25, 2019. For more on the Match Group Class Action please contact us today.

According to the Match Group lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company used fake love interest ads to convince customers to buy and upgrade subscriptions; (2) the Company made it difficult and confusing for consumers to cancel their subscriptions; (3) as a result, the Company was reasonably likely to be subject to regulatory scrutiny; (4) the Company lacked adequate disclosure controls and procedures; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE MTCH CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/match-group-inc-loss-form?prid=3820&wire=1

If you suffered a loss in Match Group you have until December 2, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Sundial Growers Class Action Investigation; SNDL Lawsuit

Class Action Reports

Levi & Korsinsky Announces Sundial Growers Class Action Investigation; SNDL Lawsuit

Levi & Korsinsky, LLP

September 30, 2019

Levi & Korsinsky, LLP announces that a SNDL class action lawsuit has been commenced on behalf of investors who purchased Sundial Growers Inc. (SNDL) pursuant and/or traceable to the Company’s initial public offering in August 1, 2019. For more on the Sundial Growers Class Action please contact us today.

According to the Sundial Growers lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Sundial failed to supply saleable cannabis in line with contractual obligations to Zenabis Global Inc.; (2) due to material quality issues, Zenabis had to return or reject a total of 554 kg of cannabis to Sundial, valued at approximately U.S. $1.9 million (C$2.5 million); and (3) as a result, defendants’ statements about Sundial’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE SNDL CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/sundial-growers-inc-loss-form?wire=3

If you suffered a loss in Sundial Growers you have until November 25, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Ollies Bargain Outlet Holdings Class Action Investigation; OLLI Lawsuit

Class Action Reports

Levi & Korsinsky Announces Ollies Bargain Outlet Holdings Class Action Investigation; OLLI Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a OLLI class action lawsuit has been commenced on behalf of investors who purchased Ollies Bargain Outlet Holdings, Inc. (OLLI) securities between June 6, 2019 and August 28, 2019. For more on the Ollies Bargain Outlet Holdings Class Action please contact us today.

According to the Ollies Bargain Outlet Holdings lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company suffered a supply chain issue that impacted the initial inventory available at new stores; (2) as a result, the Company lacked sufficient inventory to meet demand at certain store locations; (3) as a result, the Company’s comparable store sales were likely to decrease quarter-over-quarter; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE OLLI CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/ollies-bargain-outlet-holdings-inc-loss-form?prid=3632&wire=1

If you suffered a loss in Ollies Bargain Outlet Holdings you have until November 18, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Eagle Bancorp Class Action Investigation; EGBN Lawsuit

Class Action Reports

Levi & Korsinsky Announces Eagle Bancorp Class Action Investigation; EGBN Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a EGBN class action lawsuit has been commenced on behalf of investors who purchased Eagle Bancorp, Inc. (EGBN) securities between March 2, 2015 and July 17, 2019. For more on the Eagle Bancorp Class Action please contact us today.

According to the Eagle Bancorp lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Eagle Bancorp’s internal controls and procedures and compliance policies were inadequate; (2) the foregoing shortcoming created a foreseeable risk of heightened regulatory scrutiny and the need for the Company undertake its own internal investigations; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.

TO LEARN MORE ABOUT THE EGBN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/eagle-bancorp-inc-loss-form?prid=3631&wire=1

If you suffered a loss in Eagle Bancorp you have until September 23, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Carbonite Class Action Investigation; CARB Lawsuit

Class Action Reports

Levi & Korsinsky Announces Carbonite Class Action Investigation; CARB Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a CARB class action lawsuit has been commenced on behalf of investors who purchased Carbonite, Inc. (CARB) securities between February 7, 2019 and July 25, 2019. For more on the Carbonite Class Action please contact us today.

According to the Carbonite lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Carbonite’s Server Backup VM Edition was of poor quality and technologically flawed; (2) Carbonite was receiving poor reviews and complaints from customers about the Server Backup VM Edition; (3) the poor quality and technological flaws of the Server Backup VM Edition was acting as a “disruptive” factor throughout the Carbonite salesforce and keeping that sales organization from closing opportunistically on several larger deals during fiscal 2019; and (4) as a result of the foregoing, Carbonite lacked any reasonable basis for issuing its positive projections and financial forecasts.

TO LEARN MORE ABOUT THE CARB CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/carbonite-inc-loss-form?prid=3659&wire=1

If you suffered a loss in Carbonite you have until September 30, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com


Levi & Korsinsky Announces Meredith Corporation Class Action Investigation; MDP Lawsuit

Class Action Reports

Levi & Korsinsky Announces Meredith Corporation Class Action Investigation; MDP Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a MDP class action lawsuit has been commenced on behalf of investors who purchased Meredith Corporation, (MDP) securities between January 31, 2018 and September 5, 2019. For more on the Meredith Corporation Class Action please contact us today.

According to the Meredith Corporation lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Time, Inc. acquisition was not as profitable as the Company had claimed; (2) the Company would incur additional costs for strategic investments to improve the Time business; (3) as a result, the Company’s earnings would be materially and adversely impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE MDP CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/meredith-corporation-loss-form?prid=3642&wire=1

If you suffered a loss in Meredith Corporation you have until November 5, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com