NEW YORK, NY / ACCESSWIRE / July 26, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Mammoth Energy Services, Inc. (NASDAQ: TUSK)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/mammoth-energy-services-inc-loss-submission-form?prid=2635&wire=1
Lead Plaintiff Deadline: August 9, 2019
Class Period: October 19, 2017 to June 5, 2019
Allegations against TUSK include that: (1) Mammoth’s subsidiary, Cobra, improperly obtained two infrastructure contracts with PREPA that totaled over $1.8 billion; (2) specifically, the contracts were awarded as the result of improper steering and not a competitive RFP process; and (3) as a result, Defendants’ statements about Mammoth’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Cloudera, Inc. (NYSE: CLDR)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/cloudera-inc-loss-submission-form?prid=2635&wire=1
Lead Plaintiff Deadline: August 6, 2019
Class Period: April 28, 2017 to June 5, 2019
Allegations against CLDR include that: (i) Cloudera was finding it increasingly difficult to identify large enterprises interested in adopting the Company’s Hadoop-based platform; (ii) Cloudera needed to expend an increasing amount of capital on sales and marketing activities to generate new revenues, even as new revenue opportunities were diminishing; and (iii) Cloudera had materially diminished sales opportunities and prospects and could not generate annual positive cash flows.
Pyxus International, Inc. (NYSE: PYX)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/pyxus-international-inc-f-k-a-alliance-one-international-inc-loss-submission-form?prid=2635&wire=1
Lead Plaintiff Deadline: August 6, 2019
Class Period: on behalf of stockholders who purchased Pyxus (f/k/a Alliance One International, Inc. (AOI)) securities between June 7, 2018 and November 8, 2018, inclusive.
Allegations against PYX include that: (1) the Company was experiencing longer shipping cycles; (2) as a result, the Company’s financial results would be materially affected; (3) the Company lacked adequate internal control over financial reporting; (4) the Company’s accounting policies were reasonably likely to lead to regulatory scrutiny; 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 contact Vincent Wong, Esq. either via email [email protected] or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]
SOURCE: The Law Offices of Vincent Wong