Back to Newsroom
Back to Newsroom

SHAREHOLDER ALERT: IRTC EBIX APA: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Friday, 26 February 2021 06:30 AM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / February 26, 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.

iRhythm Technologies, Inc. (NASDAQ:IRTC)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/irhythm-technologies-inc-loss-submission-form?prid=13155&wire=1
Lead Plaintiff Deadline: April 2, 2021
Class Period: August 4, 2020 - January 28, 2021

Allegations against IRTC include that: (1) iRhythm's business would suffer as a result of the CMS' rulemaking; (2) reimbursement rates would in fact plummet; (3) a lack of national pricing in the CMS rule and fee schedule would cause uncertainty and weakness in the Company's business; and (4) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times

Ebix, Inc. (NASDAQ:EBIX)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/ebix-inc-loss-submission-form?prid=13155&wire=1
Lead Plaintiff Deadline: April 23, 2021
Class Period: November 9, 2020 - February 19, 2021

Allegations against EBIX include that: (1) that there was insufficient audit evidence to determine the business purpose of certain significant unusual transactions in Ebix's gift card business in India during the fourth quarter of 2020; (2) that there was a material weakness in Company's internal controls over the gift or prepaid revenue transaction cycle; and (3) that the Company's independent auditor was reasonably likely to resign over disagreements with Ebix regarding $30 million that had been transferred into a commingled trust account of Ebix's outside legal counsel; and (4) that, 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.

Apache Corporation (NASDAQ:APA)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/apache-corporation-loss-submission-form?prid=13155&wire=1
Lead Plaintiff Deadline: April 26, 2021
Class Period: September 7, 2016 - March 13, 2020

Allegations against APA include that: (i) Apache intentionally used unrealistic assumptions regarding the amount and composition of available oil and gas in Alpine High; (ii) Apache did not have the proper infrastructure in place to safely and/or economically drill and/or transport those resources even if they existed in the amounts purported; (iii) these misleading statements and omissions artificially inflated the value of the Company's operations in the Permian Basin; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

The Law Offices of Vincent Wong, Friday, February 26, 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
Back to newsroom
Back to Newsroom
Share by: