NEW YORK, NY / ACCESSWIRE / November 23, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
GLNG Shareholders Click Here: https://www.zlk.com/pslra-1/golar-lng-limited-loss-submission-form?prid=11153&wire=1
GTX Shareholders Click Here: https://www.zlk.com/pslra-1/garrett-motion-inc-loss-submission-form?prid=11153&wire=1
LRN Shareholders Click Here: https://www.zlk.com/pslra-1/k12inc-information-request-form?prid=11153&wire=1
* ADDITIONAL INFORMATION BELOW *
Golar LNG Limited (NASDAQ:GLNG)
GLNG Lawsuit on behalf of: investors who purchased April 30, 2020 - September 24, 2020
Lead Plaintiff Deadline: November 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/golar-lng-limited-loss-submission-form?prid=11153&wire=1
According to the filed complaint, during the class period, Golar LNG Limited made materially false and/or misleading statements and/or failed to disclose that: (1) certain employees, including the Chief Executive Officer of Hygo Energy Transition Ltd. f/k/a Golar Power Limited ("Hygo"), had bribed third parties, thereby violating anti-bribery policies; (2) as a result, the Company was likely to face regulatory scrutiny, and possible penalties; (3) as a result of the foregoing reputational harm, Hygo's valuation ahead of its initial public offering would be significantly impaired; 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.
Garrett Motion Inc. (NYSE:GTX)
GTX Lawsuit on behalf of: investors who purchased October 1, 2018 - September 18, 2020
Lead Plaintiff Deadline: November 24, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/garrett-motion-inc-loss-submission-form?prid=11153&wire=1
According to the filed complaint, during the class period, Garrett Motion Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with an unsustainable level of debt; (2) as a result, Garrett had a highly leveraged capital structure that posed significant challenges to its overall strategic and financial flexibility; (3) as a result of the foregoing, Garrett's ability to gain or hold market share was impaired; (4) as a result of the foregoing, the Company was reasonably likely to seek bankruptcy protection; and (5) 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.
K12 Inc. (NYSE:LRN)
LRN Lawsuit on behalf of: investors who purchased April 27, 2020 - September 18, 2020
Lead Plaintiff Deadline: January 19, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/k12inc-information-request-form?prid=11153&wire=1
According to the filed complaint, during the class period, K12 Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (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 facts.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
http://www.zlk.com
SOURCE: Levi & Korsinsky, LLP