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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KL, WINS and GWRE

Monday, 24 August 2020 05:20 PM

The Klein Law Firm

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / August 24, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Kirkland Lake Gold Ltd. (NYSE:KL)
Class Period: January 8, 2018 - November 25, 2019
Lead Plaintiff Deadline: August 28, 2020

Throughout the class period, Kirkland Lake Gold Ltd. allegedly 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.

Learn about your recoverable losses in KL: http://www.kleinstocklaw.com/pslra-1/kirkland-lake-gold-ltd-loss-submission-form?id=8789&from=1

Wins Finance Holdings Inc. (NASDAQ:WINS)
Class Period: October 31, 2018 - July 6, 2020
Lead Plaintiff Deadline: September 23, 2020

The WINS lawsuit alleges that Wins Finance Holdings Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the ultimate repayment of the RMB 580 million Guohong Loan was highly uncertain; (ii) nonpayment of the Guohong Loan would have a significant impact on the Company's financial and operating condition; (iii) weaknesses in Wins's internal control over its financial reporting persisted despite the Company's repeated assurances to investors that it was taking steps to remediate these weaknesses; (iv) the foregoing issues, among others, made the resignation of Wins's independent auditor foreseeably likely; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in WINS: http://www.kleinstocklaw.com/pslra-1/wins-finance-holdings-inc-loss-submission-form?id=8789&from=1

Guidewire Software, Inc. (NYSE:GWRE)
Class Period: March 6, 2019 - March 4, 2020
Lead Plaintiff Deadline: September 23, 2020

The complaint alleges that throughout 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.

Learn about your recoverable losses in GWRE: http://www.kleinstocklaw.com/pslra-1/guidewire-software-inc-loss-submission-form?id=8789&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

Topic:
Lawsuits
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