NEW YORK, NY / ACCESSWIRE / September 21, 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.
Wins Finance Holdings Inc. (NASDAQ:WINS)
If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/wins-finance-holdings-inc-loss-submission-form?prid=9452&wire=1
Lead Plaintiff Deadline: September 23, 2020
Class Period: October 31, 2018 - July 6, 2020
Allegations against WINS include 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.
Alteryx, Inc. (NYSE:AYX)
If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/alteryx-inc-loss-submission-form?prid=9452&wire=1
Lead Plaintiff Deadline: October 19, 2020
Class Period: May 6, 2020 - August 6, 2020
Allegations against AYX include that: (1) the Company was unable to close large deals within the quarter, and deals were pushed out to subsequent quarters or downsized; (2) as a result, Alteryx increasingly relied on adoption licenses to attract new customers; (3) as a result and due to the nature of adoption licenses, the Company's revenue was reasonably likely to decline; 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.
Ultra Petroleum Corp. (OTCPINK:UPLCQ)
If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/ultra-petroleum-corp-loss-submission-form?prid=9452&wire=1
Lead Plaintiff Deadline: November 2, 2020
Class Period: April 3, 2017 - August 8, 2019
Allegations against UPLCQ include that: (a) Ultra's proved reserves were materially overstated and, therefore, worth hundreds of millions of dollars less than represented; (b) Ultra's proved undeveloped reserves were of de minimis value because they contained low-quality deposits that lacked a commercially viable path to development; (c) Ultra was unable to meet the production and development estimates provided to investors, and such estimates lacked a reasonable basis; (d) Ultra was unable to withstand even a modest downturn in the price of natural gas because, inter alia, Ultra's business had less financial and production flexibility than claimed; and (e) Ultra did not have the technical or financial capabilities or available asset base to sustainably grow its oil and natural gas production by any meaningful amount.
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