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SHAREHOLDER ALERT: SPLK KNDI QSR: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Monday, 01 February 2021 06:20 AM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / February 1, 2021 / 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.

Splunk Inc. (NASDAQ:SPLK)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/splunk-inc-loss-submission-form?prid=12567&wire=1
Lead Plaintiff Deadline: February 2, 2021
Class Period: October 21, 2020 - December 2, 2020

Allegations against SPLK include that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

Kandi Technologies Group, Inc. (NASDAQ:KNDI)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/kandi-technologies-group-inc-loss-submission-form?prid=12567&wire=1
Lead Plaintiff Deadline: February 9, 2021
Class Period: March 15, 2019 - November 27, 2020

Allegations against KNDI include that: (i) Kandi artificially inflated its reported revenues through undisclosed related party transactions, or otherwise had relationships with key customers that indicated those customers did not have an arms length relationship with Kandi; (ii) the majority of Kandi's sales in the past year had been to undisclosed related parties and/or parties with such a close relationship and history with Kandi that it cast doubt on the arms-length nature of their relationship; (iii) all the foregoing, once revealed, was foreseeably likely to cast doubt on the validity of Kandi's reported revenues and, in turn, have a foreseeable negative impact on the Company's reputation and valuation; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Restaurant Brands International Inc. (NYSE:QSR)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/restaurant-brands-international-inc-loss-submission-form?prid=12567&wire=1
Lead Plaintiff Deadline: February 19, 2021
Class Period: April 29, 2019 - October 28, 2019

Allegations against QSR include that: (1) the Company's Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.

The Law Offices of Vincent Wong, Monday, February 1, 2021, Press release picture

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

Topic:
Lawsuits
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