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CLASS ACTION UPDATE for GEO, JCOM and GWRE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Wednesday, 29 July 2020 07:50 PM

Levi & Korsinsky, LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / July 29, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

GEO Shareholders Click Here: https://www.zlk.com/pslra-1/the-geo-group-inc-loss-submission-form?prid=8262&wire=1
JCOM Shareholders Click Here: https://www.zlk.com/pslra-1/j2-global-inc-loss-submission-form?prid=8262&wire=1
GWRE Shareholders Click Here: https://www.zlk.com/pslra-1/guidewire-software-inc-loss-submission-form?prid=8262&wire=1

* ADDITIONAL INFORMATION BELOW *

The GEO Group, Inc. (NYSE:GEO)

GEO Lawsuit on behalf of: investors who purchased February 27, 2020 - June 16, 2020
Lead Plaintiff Deadline : September 8, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/the-geo-group-inc-loss-submission-form?prid=8262&wire=1

According to the filed complaint, during the class period, The GEO Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) GEO Group maintained woefully ineffective COVID-19 response procedures; (ii) those inadequate procedures subjected residents of the Company's halfway houses to significant health risks; (iii) accordingly, the Company was vulnerable to significant financial and/or reputational harm; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

J2 Global, Inc. (NASDAQ:JCOM)

JCOM Lawsuit on behalf of: investors who purchased October 5, 2015 - June 29, 2020
Lead Plaintiff Deadline : September 8, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/j2-global-inc-loss-submission-form?prid=8262&wire=1

According to the filed complaint, during the class period, J2 Global, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) J2 Global engaged in undisclosed related party transactions; (2) J2 Global used misleading accounting to hide requisite impairments and underperformance in acquisitions; (3) several so-called independent members of the Company' board of directors and audit committee were not disinterested; and (4) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Guidewire Software, Inc. (NYSE:GWRE)

GWRE Lawsuit on behalf of: investors who purchased March 6, 2019 - March 4, 2020
Lead Plaintiff Deadline : September 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/guidewire-software-inc-loss-submission-form?prid=8262&wire=1

According to the filed complaint, during the class period, Guidewire Software, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) that the Company's transition to the cloud was not going well; (2) that Guidewire's cloud-based products needed to be improved to meet customer needs and catch up with rival systems; (3) that the Company's failed transition to the cloud was also hurting Guidewire's traditional on-premise business; and (4) as a result, Guidewire's revenue guidance, including guidance principally based on significantly increasing demand for the Company's cloud-based products, was baseless and unattainable.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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