NEW YORK, NY / ACCESSWIRE / November 25, 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.
First American Financial Corp. (NYSE:FAF)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/first-american-financial-corp-loss-submission-form?prid=11232&wire=1
Lead Plaintiff Deadline: December 24, 2020
Class Period: February 17, 2017 - October 22, 2020
Allegations against FAF include that: (1) the Company failed to implement basic security standards to protect its customers' sensitive personal information and data; (2) the Company faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.
Joyy Inc. (NASDAQ:YY)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/joyy-inc-loss-submission-form?prid=11232&wire=1
Lead Plaintiff Deadline: January 19, 2021
Class Period: April 28, 2016 - November 18, 2020
Allegations against YY include that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) The majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that Manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company's acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, Defendants' public statements were materially false and/or Misleading at all relevant times.
Pinterest, Inc. (NYSE:PINS)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/pinterest-inc-loss-submission-form?prid=11232&wire=1
Lead Plaintiff Deadline: January 22, 2021
Class Period: May 16, 2019 - November 1, 2019
Allegations against PINS include that: (i) the Company's addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest's future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
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.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]
SOURCE: The Law Offices of Vincent Wong