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SHAREHOLDER ALERT: TUP ALGN CAN: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Friday, 06 March 2020 04:15 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / March 6, 2020 / 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.

Tupperware Brands Corporation (NYSE:TUP)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/tupperware-brands-corporation-loss-submission-form?prid=5610&wire=1
Lead Plaintiff Deadline: April 27, 2020
Class Period: January 30, 2019 to February 24, 2020

Allegations against TUP include that: (1) Tupperware lacked effective internal controls; (2) as a result, Tupperware would need to investigate the accounting and liabilities of one of its brands, Fuller Mexico; (3) consequently, Tupperware would be unable to timely file its annual report on Form 10-K for its fiscal year 2019; (4) Tupperware did not properly account for its accounts payable and accrued liabilities at Fuller Mexico; (5) Tupperware provided overvalued earnings per share guidance; (6) Tupperware would need relief from its $650 million Credit Agreement; and (7) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Align Technology, Inc. (NASDAQ:ALGN)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/align-technology-inc-loss-submission-form-2?prid=5610&wire=1
Lead Plaintiff Deadline: May 1, 2020
Class Period: April 24, 2019 to July 24, 2019

Allegations against ALGN include that: (a) Align was then experiencing a significant decline in demand for its products in the important Chinese market; (b) Chinese consumer sentiment towards the Company was deteriorating; and (c) as a result of the foregoing, Defendants' positive statements about Align and its businesses were lacking in a reasonable basis.

Canaan Inc. (NASDAQ:CAN)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/canaan-inc-loss-submission-form?prid=5610&wire=1
Lead Plaintiff Deadline: May 4, 2020
Class Period: publicly traded securities of Canaan, including its American Depository Shares pursuant and/or traceable to the Company's registration statement and related prospectus issued in connection with the Company's November 20, 2019 initial public offering.

Allegations against CAN include that: (1) the purported "strategic cooperation" was actually a transaction with a related party; (2) the Company's financial health was worse than what was actually reported; (3) the Company had recently removed numerous distributors from its website just prior to the initial public offering, many of which were small or suspicious businesses; and (4) several of the Company's largest Chinese clients in prior years were clients who were not in the Bitcoin mining industry and, thus, would likely not be repeat customers.

To learn more, contact Vincent Wong, Esq. either via e-mail [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

Topic:
Lawsuits
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