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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of VMW, IQ and HALL

NEW YORK, NY / ACCESSWIRE / May 18, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ... 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 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.” data-reactid=”12″>NEW YORK, NY / ACCESSWIRE / May 18, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="VMware, Inc. (VMW)
Class Period: March 30, 2019 – February 27, 2020
Lead Plaintiff Deadline: June 1, 2020″ data-reactid=”13″>VMware, Inc. (VMW)
Class Period: March 30, 2019 – February 27, 2020
Lead Plaintiff Deadline: June 1, 2020

The VMW lawsuit alleges that throughout the class period, VMware, Inc. 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="Learn about your recoverable losses in VMW: http://www.kleinstocklaw.com/pslra-1/vmware-inc-loss-submission-form?id=6650&amp;from=1” data-reactid=”15″>Learn about your recoverable losses in VMW: http://www.kleinstocklaw.com/pslra-1/vmware-inc-loss-submission-form?id=6650&from=1

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="iQIYI, Inc. (IQ)
Class Period: March 29, 2018 – April 7, 2020
Lead Plaintiff Deadline: June 15, 2020″ data-reactid=”16″>iQIYI, Inc. (IQ)
Class Period: March 29, 2018 – April 7, 2020
Lead Plaintiff Deadline: June 15, 2020

The complaint alleges iQIYI, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) iQIYI inflated its revenue figures; (2) iQIYI inflated its user numbers; (3) iQIYI inflated its expenses to cover up other fraud; and (4) 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="Learn about your recoverable losses in IQ: http://www.kleinstocklaw.com/pslra-1/iqiyi-inc-loss-submission-form?id=6650&amp;from=1” data-reactid=”18″>Learn about your recoverable losses in IQ: http://www.kleinstocklaw.com/pslra-1/iqiyi-inc-loss-submission-form?id=6650&from=1

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Hallmark Financial Services, Inc. (HALL)
Class Period: March 5, 2019 – March 17, 2020
Lead Plaintiff Deadline: July 6, 2020″ data-reactid=”19″>Hallmark Financial Services, Inc. (HALL)
Class Period: March 5, 2019 – March 17, 2020
Lead Plaintiff Deadline: July 6, 2020

The complaint alleges that during the class period Hallmark Financial Services, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting related to reserves for unpaid losses; (2) the Company improperly accounted for reserve for unpaid losses and loss adjustment expenses related to its Binding Primary Commercial Auto business; (3) as a result, Hallmark Financial would be forced to report a $63.8 million loss development for prior underwriting years; (4) as a result, Hallmark Financial would exit from its Binding Primary Commercial Auto business; 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.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Learn about your recoverable losses in HALL: http://www.kleinstocklaw.com/pslra-1/hallmark-financial-services-inc-loss-submission-form?id=6650&amp;from=1” data-reactid=”21″>Learn about your recoverable losses in HALL: http://www.kleinstocklaw.com/pslra-1/hallmark-financial-services-inc-loss-submission-form?id=6650&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. 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:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com” data-reactid=”24″>CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="SOURCE: The Klein Law Firm” data-reactid=”25″>SOURCE: The Klein Law Firm

View source version on accesswire.com:
https://www.accesswire.com/590287/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-VMW-IQ-and-HALL

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