LAWSUITS FILED AGAINST VMW, EHTH and GSX – 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="VMware, Inc. (VMW)” data-reactid=”13″>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=6666&from=1
Class Period: March 30, 2019 – February 27, 2020
Lead Plaintiff Deadline: June 1, 2020″ data-reactid=”14″>CONTACT JAKUBOWITZ ABOUT VMW:
https://claimyourloss.com/securities/vmware-inc-loss-submission-form/?id=6666&from=1
Class Period: March 30, 2019 – February 27, 2020
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="eHealth, Inc. (EHTH)” data-reactid=”16″>eHealth, Inc. (EHTH)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="CONTACT JAKUBOWITZ ABOUT EHTH:
https://claimyourloss.com/securities/ehealth-inc-loss-submission-form/?id=6666&from=1
Class Period: March 19, 2018 – April 7, 2020
Lead Plaintiff Deadline: June 8, 2020″ data-reactid=”17″>CONTACT JAKUBOWITZ ABOUT EHTH:
https://claimyourloss.com/securities/ehealth-inc-loss-submission-form/?id=6666&from=1
Class Period: March 19, 2018 – April 7, 2020
Lead Plaintiff Deadline: June 8, 2020

The complaint alleges that eHealth, Inc. issued materially false and/or misleading information and/or failed to disclose: (1) its highly aggressive accounting and modeling assumptions; (2) its skyrocketing rate of member churn, resulting from eHealth’s pursuit of low quality, lossmaking growth; (3) its reliance on direct response television advertising, which attracts an unprofitable, high churn enrollee; and (4) that as a result of the foregoing, 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="GSX Techedu Inc. (GSX)” data-reactid=”19″>GSX Techedu Inc. (GSX)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="CONTACT JAKUBOWITZ ABOUT GSX:
https://claimyourloss.com/securities/gsx-techedu-inc-loss-submission-form/?id=6666&from=1
Class Period: June 6, 2019 – April 13, 2020
Lead Plaintiff Deadline: June 16, 2020″ data-reactid=”20″>CONTACT JAKUBOWITZ ABOUT GSX:
https://claimyourloss.com/securities/gsx-techedu-inc-loss-submission-form/?id=6666&from=1
Class Period: June 6, 2019 – April 13, 2020
Lead Plaintiff Deadline: June 16, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) GSX overstated its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process; (ii) the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company’s financial results; and (iii) 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

SOURCE: Jakubowitz Law” data-reactid=”23″>CONTACT:

JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law

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https://www.accesswire.com/590385/LAWSUITS-FILED-AGAINST-VMW-EHTH-and-GSX–JAKUBOWITZ-LAW-PURSUES-SHAREHOLDERS-CLAIMS