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LAWSUITS FILED AGAINST HAFC, VMW and FITB – Jakubowitz Law Pursues Shareholders Claims

NEW YORK, NY / ACCESSWIRE / May 18, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased ... 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 / May 18, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.” data-reactid=”12″>NEW YORK, NY / ACCESSWIRE / May 18, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Hanmi Financial Corporation (HAFC)” data-reactid=”13″>Hanmi Financial Corporation (HAFC)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="CONTACT JAKUBOWITZ ABOUT HAFC:
https://claimyourloss.com/securities/hanmi-financial-corporation-loss-submission-form/?id=6669&amp;from=1” data-reactid=”14″>CONTACT JAKUBOWITZ ABOUT HAFC:
https://claimyourloss.com/securities/hanmi-financial-corporation-loss-submission-form/?id=6669&from=1

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Class Period: August 12, 2019 – January 28, 2020” data-reactid=”15″>Class Period: August 12, 2019 – January 28, 2020

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Lead Plaintiff Deadline: May 26, 2020″ data-reactid=”16″>Lead Plaintiff Deadline: May 26, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the $40.7 million troubled loan that the Company disclosed on conference calls would necessitate further and future specific provisions for the Company – in the millions; (2) the same $40.7 million troubled loan would necessitate the Company to appraise and take personal property securing a portion of the amount of the loan; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="VMware, Inc. (VMW)” data-reactid=”18″>VMware, Inc. (VMW)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="CONTACT JAKUBOWITZ ABOUT VMW:
https://claimyourloss.com/securities/vmware-inc-loss-submission-form/?id=6669&amp;from=1” data-reactid=”19″>CONTACT JAKUBOWITZ ABOUT VMW:
https://claimyourloss.com/securities/vmware-inc-loss-submission-form/?id=6669&from=1

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Class Period: March 30, 2019 – February 27, 2020” data-reactid=”20″>Class Period: March 30, 2019 – February 27, 2020

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Lead Plaintiff Deadline: June 1, 2020″ data-reactid=”21″>Lead Plaintiff Deadline: June 1, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) VMware’s reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (ii) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="CONTACT JAKUBOWITZ ABOUT FITB:
https://claimyourloss.com/securities/fifth-third-bancorp-loss-submission-form/?id=6669&amp;from=1” data-reactid=”24″>CONTACT JAKUBOWITZ ABOUT FITB:
https://claimyourloss.com/securities/fifth-third-bancorp-loss-submission-form/?id=6669&from=1

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Class Period: February 26, 2016 – March 6, 2020” data-reactid=”25″>Class Period: February 26, 2016 – March 6, 2020

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Lead Plaintiff Deadline: June 8, 2020″ data-reactid=”26″>Lead Plaintiff Deadline: June 8, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) as a result of Fifth Third Bank’s aggressive incentive policies to promote its cross-sell strategy, Fifth Third Bank employees engaged in unauthorized conduct with customer accounts; (ii) since at least 2008, Fifth Third Bank, and by extension, Fifth Third, was aware of such unauthorized conduct and, thus, that it was violating relevant regulations and laws aimed at protecting its consumers; (iii) Fifth Third failed to properly implement and monitor its cross-sell program, detect and stop misconduct, and identify and remediate harmed consumers; (iv) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (v) Fifth Third’s revenues were in part the product of unlawful conduct and thus unsustainable; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. 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:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887″ data-reactid=”29″>CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="SOURCE: Jakubowitz Law” data-reactid=”30″>SOURCE: Jakubowitz Law

View source version on accesswire.com:
https://www.accesswire.com/590416/LAWSUITS-FILED-AGAINST-HAFC-VMW-and-FITB–Jakubowitz-Law-Pursues-Shareholders-Claims

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