Lawsuits Filed Against KL, COG and KODK - Jakubowitz Law Pursues Shareholders Claims
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Lawsuits Filed Against KL, COG and KODK - Jakubowitz Law Pursues Shareholders Claims

Wednesday, August 19, 2020 2:25 PM
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NEW YORK, NY / ACCESSWIRE / August 19, 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.

Kirkland Lake Gold Ltd. (NYSE:KL)

CONTACT JAKUBOWITZ ABOUT KL:
https://claimyourloss.com/securities/kirkland-lake-gold-ltd-loss-submission-form/?id=8685&from=1

Class Period: January 8, 2018 - November 25, 2019

Lead Plaintiff Deadline: August 28, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Kirkland lacked adequate internal controls over financial reporting, especially as it relates to its projections of risks, reserve grade, and all-in sustaining costs; (ii) as a result of the known, but undisclosed, impending acquisition of Detour, the Company’s projections relating to its risks, reserve grade, and all-in sustaining costs were false and misleading; (iii) the Company’s financial statements and projections were not fairly presented in conformity with International Financial Reporting Standards; (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted material facts.

Cabot Oil & Gas Corporation (NYSE:COG)

CONTACT JAKUBOWITZ ABOUT COG:
https://claimyourloss.com/securities/cabot-oil-gas-corporation-loss-submission-form/?id=8685&from=1

Class Period: October 23, 2015 - June 12, 2020

Lead Plaintiff Deadline: October 13, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Cabot had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures; (ii) as a result, Cabot, among other issues, failed to fix faulty gas wells, thereby polluting Pennsylvania’s water supplies through stray gas migration; (iii) the foregoing was foreseeably likely to subject Cabot to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm; (iv) Cabot continually downplayed its potential civil and/or criminal liabilities with respect to such environmental matters; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eastman Kodak Company (NYSE:KODK)

CONTACT JAKUBOWITZ ABOUT KODK:
https://claimyourloss.com/securities/eastman-kodak-company-loss-submission-form/?id=8685&from=1

Class Period: July 27, 2020 - August 7, 2020

Lead Plaintiff Deadline: October 13, 2020

According to a filed complaint, defendants failed to disclose that the Company had granted its Executive Chairman, James Continenza, and several other Company insiders millions of dollars’ worth of stock options immediately prior to the Company publicly disclosing that it had received the $765 million loan, which Defendants knew would cause Kodak’s stock to immediately increase in value once the deal was announced. In addition, while in possession of this material non-public information, Continenza and other Company insiders purchased tens of thousands of the Company’s shares immediately prior to the announcement, again at prices that they knew would increase exponentially once news of the loan became public.

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

Jakubowitz Law
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