NEW YORK, NY / ACCESSWIRE / October 13, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.
Genius Brands International, Inc (NASDAQ:GNUS)
Investors Affected: March 17, 2020 - July 5, 2020
A class action has commenced on behalf of certain shareholders in Genius Brands International, Inc. According to the Genius Brands lawsuit defendants made false and/or misleading statements and/or failed to disclose material information regarding: (i) Nickelodeon's purported broadcast expansion of Genius's Rainbow Rangers cartoon; (ii) subscription fees for the Kartoon Channel!; and (iii) the Company's growth potential and overall prospects as a company.
Shareholders may find more information at https://securitiesclasslaw.com/securities/genius-brands-international-inc-loss-submission-form/?id=10094&from=1
Staar Surgical Company (NASDAQ:STAA)
Investors Affected: February 26, 2020 - August 10, 2020
A class action has commenced on behalf of certain shareholders in Staar Surgical Company. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: the Company was overstating and/or mischaracterizing: (1) its sales and growth in China; (2) its marketing spend; (3) its research and development expenses; and that as a result of the foregoing, (4) Defendants' public statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/staar-surgical-company-loss-submission-form/?id=10094&from=1
Anaplan Inc. (NYSE:PLAN)
Investors Affected: November 21, 2019 - February 26, 2020
A class action has commenced on behalf of certain shareholders in Anaplan Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was undergoing sales organization and execution challenges; (2) these organizational challenges were causing the Company to miss on closing very important large deals; and (3) as a result, Anaplan's financial guidance for "calculated billings growth" was baseless and unattainable. Further, while in possession of this material non-public information, Anaplan insiders dumped approximately $30 million worth of Anaplan stock at artificially inflated prices.
Shareholders may find more information at https://securitiesclasslaw.com/securities/anaplan-inc-loss-submission-form/?id=10094&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (212) 537-9430
Fax: (833) 862-7770
SOURCE: The Gross Law Firm