3rdPartyFeeds

CLASS ACTION UPDATE for REAL, CGC and PRU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / January 7, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ... Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="NEW YORK, NY / ACCESSWIRE / January 7, 2020 / Levi &amp; Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.” data-reactid=”11″>NEW YORK, NY / ACCESSWIRE / January 7, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The RealReal, Inc. (REAL)
REAL Lawsuit on behalf of:
investors who purchased all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company’s registration statement issued in connection with the Company’s June 27, 2019 initial public offering.
Lead Plaintiff Deadline: January 24, 2020
Join the action: https://www.zlk.com/pslra-1/the-realreal-inc-loss-form?wire=3&amp;prid=5182” data-reactid=”12″>The RealReal, Inc. (REAL)
REAL Lawsuit on behalf of:
investors who purchased all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company’s registration statement issued in connection with the Company’s June 27, 2019 initial public offering.
Lead Plaintiff Deadline: January 24, 2020
Join the action: https://www.zlk.com/pslra-1/the-realreal-inc-loss-form?wire=3&prid=5182

Allegations: The RealReal, Inc. made materially 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.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="To learn more about the The RealReal, Inc. class action, contact [email protected].” data-reactid=”14″>To learn more about the The RealReal, Inc. class action, contact [email protected].

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Canopy Growth Corporation (CGC)
CGC Lawsuit on behalf of:
investors who purchased June 21, 2019 – November 13, 2019
Lead Plaintiff Deadline: January 21, 2020
Join the action: https://www.zlk.com/pslra-1/canopy-growth-corporation-loss-form?wire=3&amp;prid=5182” data-reactid=”15″>Canopy Growth Corporation (CGC)
CGC Lawsuit on behalf of:
investors who purchased June 21, 2019 – November 13, 2019
Lead Plaintiff Deadline: January 21, 2020
Join the action: https://www.zlk.com/pslra-1/canopy-growth-corporation-loss-form?wire=3&prid=5182

Allegations: Canopy Growth Corporation made materially false and/or misleading statements throughout the class period 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.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="To learn more about the Canopy Growth Corporation class action, contact [email protected].” data-reactid=”17″>To learn more about the Canopy Growth Corporation class action, contact [email protected].

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Prudential Financial, Inc. (PRU)
PRU Lawsuit on behalf of:
investors who purchased February 15, 2019 – August 2, 2019
Lead Plaintiff Deadline: January 27, 2020
Join the action: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?wire=3&amp;prid=5182” data-reactid=”18″>Prudential Financial, Inc. (PRU)
PRU Lawsuit on behalf of:
investors who purchased February 15, 2019 – August 2, 2019
Lead Plaintiff Deadline: January 27, 2020
Join the action: https://www.zlk.com/pslra-1/prudential-financial-inc-loss-form?wire=3&prid=5182

Allegations: During the class period, Prudential Financial, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) the Company’s reserve assumptions failed to account for adversely developing mortality experience in the Individual Life business segment; (b) 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 (c) the Company had materially understated its liabilities and overstated net income as a result of flawed assumptions in calculating mortality experience.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="To learn more about the Prudential Financial, Inc. class action, contact [email protected].” data-reactid=”20″>To learn more about the Prudential Financial, Inc. class action, contact [email protected].

You have until the lead plaintiff deadlines to request 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.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="CONTACT:” data-reactid=”23″>CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="[email protected]” data-reactid=”28″>[email protected]

Tel: (212) 363-7500

Fax: (212) 363-7171

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="www.zlk.com” data-reactid=”31″>www.zlk.com

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="SOURCE: Levi &amp; Korsinsky, LLP” data-reactid=”32″>SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com:
https://www.accesswire.com/572293/CLASS-ACTION-UPDATE-for-REAL-CGC-and-PRU-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

Read More

Add Comment

Click here to post a comment