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Lawsuits Filed Against PPC, BKD and WRCDF - Jakubowitz Law Pursues Shareholders Claims

Thursday, 13 August 2020 08:30 PM

Jakubowitz Law

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / August 13, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Pilgrim's Pride Corporation (NASDAQ:PPC)

CONTACT JAKUBOWITZ ABOUT PPC:
https://claimyourloss.com/securities/pilgrims-pride-corporation-loss-submission-form/?id=8569&from=1

Class Period : February 9, 2017 - June 3, 2020

Lead Plaintiff Deadline : September 4, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company and its executives had participated in an illegal antitrust conspiracy to fix prices and rig bids from at least as early as 2012 and continuing through at least early 2017; (2) the Company received competitive advantages, which persisted during the Class Period, from its anticompetitive conduct; and (3) as a result, Defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.

Brookdale Senior Living Inc. (NYSE:BKD)

CONTACT JAKUBOWITZ ABOUT BKD:
https://claimyourloss.com/securities/brookdale-senior-living-inc-loss-submission-form/?id=8569&from=1

Class Period : August 10, 2016 - April 29, 2020

Lead Plaintiff Deadline : August 24, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Brookdale’s financial performance was sustained by, among other things, the Company’s purposeful understaffing of its senior living communities; (ii) the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company’s financial results and reputation; (iii) as a result, the Company’s financial results were unsustainable; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Wirecard AG (OTC PINK:WRCDF)

CONTACT JAKUBOWITZ ABOUT WRCDF:
https://claimyourloss.com/securities/wirecard-ag-loss-submission-form/?id=8569&from=1

Class Period : August 17, 2015 - June 24, 2020

Lead Plaintiff Deadline : September 8, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Wirecard overstated its cash balances during the Class Period, falsely claiming €1.9 billion of cash in a trust account that was missing; (2) Wirecard overstated its financial results during the Class Period, including revenue and EBITDA; (3) Wirecard did not have adequate risk management or countermeasures; (4) the Company's external auditor failed to audit Wirecard in accordance with applicable auditing principles; and (5) as a result, Defendants’ statements about Wirecard’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law

Topic:
Lawsuits
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