The Law Offices of Vincent Wong
SHAREHOLDER ALERT: VRAY MO WTRH: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Thursday, October 31, 2019 9:30 PM
NEW YORK, NY / ACCESSWIRE / October 31, 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.
Viewray, Inc. (NASDAQ: VRAY)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/viewray-inc-loss-submission-form?prid=4134&wire=1
Lead Plaintiff Deadline: November 12, 2019
Class Period: March 15, 2019 to August 8, 2019
Allegations against VRAY include that: (a) demand for ViewRay systems had declined due in part to changes being made to Medicare reimbursement approaches first announced in November 2019 that could make purchases of new ViewRay systems less profitable for customers; (b) the Company's reported backlog was overstated due to the inclusion of orders with insufficient surety as to permit for their inclusion in reported backlog; and (c) as a result of the foregoing, defendants' positive statements about ViewRay's business metrics and financial prospects during the Class Period were materially false and misleading and/or lacked a reasonable basis.
Altria Group, Inc. (NYSE: MO)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/altria-group-inc-loss-submission-form?prid=4134&wire=1
Lead Plaintiff Deadline: December 2, 2019
Class Period: December 20, 2018 to September 24, 2019
Allegations against MO include that: (i) Altria had conducted insufficient due diligence into JUUL prior to the Company's $12.8 billion investment, or 35% stake, in JUUL; (ii) Altria consequently failed to inform investors, or account for, material risks associated with JUUL's products and marketing practices, and the true value of JUUL and its products; (iii) all of the foregoing, as well as mounting public scrutiny, negative publicity, and governmental pressure on e-vapor products and JUUL made it reasonably likely that Altria's investment in JUUL would have a material negative impact on the Company's reputation and operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Waitr Holdings Inc. (NASDAQ: WTRH)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/waitr-holdings-inc-loss-submission-form?prid=4134&wire=1
Lead Plaintiff Deadline: November 26, 2019
Class Period: on behalf of shareholders who purchased shares between May 17, 2018 and August 8, 2019, including, but not limited to, those who acquired Waitr shares in connection with the Going Public Transaction, and those who acquired shares of the Company in the May 2019 Secondary Offering.
Allegations against WTRH include that: (i) Waitr lacked a plan to achieve profitability and, contrary to the statements of Company founder Chris Meaux, Waitr was not at or near profitability and Defendants had created the illusion of financial stability by engaging in a host of illegal and improper activities each designed to inflate revenues and earnings-such as unilaterally breaking low-rate contracts and imposing significantly higher rates, and by refusing to pay drivers for mileage related expenses-both of which ultimately resulted in independent class action lawsuits; and (ii) Waitr's technology provided no real advantage and the Company could not obtain the developer, programming, or engineering resources necessary to enhance, maintain, and develop industry leading software from its headquarter location in Lake Charles, Louisiana.
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.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]
SOURCE: The Law Offices of Vincent Wong