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SHAREHOLDER ALERT: REGI NEPT RIDE: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Friday, 19 March 2021 04:30 AM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / March 19, 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.

Renewable Energy Group, Inc. (NASDAQ:REGI)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/renewable-energy-group-inc-loss-submission-form?prid=13850&wire=1
Lead Plaintiff Deadline: May 3, 2021
Class Period: May 3, 2018 - February 25, 2021

Allegations against REGI include that: (1) due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company's customers; (2) as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) as a result, Renewable Energy's revenue and net income were overstated for certain periods; (4) there was a material weakness in the Company's internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; 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.

Neptune Wellness Solutions Inc. (NASDAQ:NEPT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/neptune-wellness-solutions-inc-loss-submission-form?prid=13850&wire=1
Lead Plaintiff Deadline: May 17, 2021
Class Period: July 24, 2019 - February 16, 2021

Allegations against NEPT include that: (i) the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (ii) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Lordstown Motors Corp (NASDAQ:RIDE)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/lordstown-motors-corp-loss-submission-form?prid=13850&wire=1
Lead Plaintiff Deadline: May 17, 2021
Class Period: August 3, 2020 - March 17, 2021

Allegations against RIDE include that: (i) the Company's purported pre-orders were non-binding; (ii) many of the would-be customers who made these purported pre-orders lacked the means to make such purchases and/or would not have credible demand for Lordstown's Endurance; (iii) Lordstown is not and has not been "on track" to commence production of the Endurance in September 2021; (iv) the first test run of the Endurance led to the vehicle bursting into flames within 10 minutes; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

The Law Offices of Vincent Wong, Friday, March 19, 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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