SHAREHOLDER ALERT: DNK WORX GRPN: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

The Law Offices of Vincent Wong


SHAREHOLDER ALERT: DNK WORX GRPN: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Tuesday, June 2, 2020 7:15 PM

NEW YORK, NY / ACCESSWIRE / June 2, 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.

Phoenix Tree Holdings Limited (NYSE:DNK)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/phoenix-tree-holdings-limited-loss-submission-form?prid=7097&wire=1
Lead Plaintiff Deadline: June 26, 2020
Investors affected purchased American Depositary Shares ("ADS") of Phoenix pursuant and/or traceable to prospectuses and registration statements issued in connection with the Company's January 2020 initial public offering

According to the filed complaint, the documents Phoenix Tree issued in connection with its initial public offering ("IPO") omitted or otherwise misrepresented the nature and level of renter complaints the Company had received before and as of the IPO, as well as the demand in the Chinese residential rental market and the Company's exposure to significant adverse developments resulting from the onset of the coronavirus in China - particularly in Wuhan - at the time of the IPO. After the IPO, reports emerged indicating that Phoenix was experiencing ongoing problems due to the coronavirus, which was causing financial and other harm to tenants.

SCWorx Corp. (NASDAQ:WORX)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/scworx-corp-loss-submission-form?prid=7097&wire=1
Lead Plaintiff Deadline: June 29, 2020
Class Period: April 13, 2020 - April 17, 2020

Allegations against WORX include that: (1) SCWorx's supplier for COVID-19 tests had previously misrepresented its operations; (2) SCWorx's buyer was a small company that was unlikely to adequately support the purported volume of orders for COVID-19 tests; (3) as a result, the Company's purchase order for COVID-19 tests had been overstated or entirely fabricated; and (4) 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.

Groupon, Inc. (NASDAQ:GRPN)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/groupon-inc-loss-submission-form?prid=7097&wire=1
Lead Plaintiff Deadline: June 29, 2020
Class Period: November 4, 2019 - February 18, 2020

Allegations against GRPN include that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) 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


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