NEW YORK, NY / ACCESSWIRE / March 24, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
iRhythm Technologies, Inc. (NASDAQ:IRTC)
CONTACT JAKUBOWITZ ABOUT IRTC:
https://claimyourloss.com/securities/irhythm-technologies-inc-loss-submission-form/?id=14065&from=1
Class Period : August 4, 2020 - January 28, 2021
Lead Plaintiff Deadline : April 2, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose 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
Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ:IQDNX)
CONTACT JAKUBOWITZ ABOUT IQDNX:
https://claimyourloss.com/securities/infinity-q-diversified-alpha-fund-loss-submission-form/?id=14065&from=1
Class Period: December 21, 2018 - February 22, 2021
Lead Plaintiff Deadline: April 27, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Infinity Q's Chief Investment Officer made adjustments to certain parameters within the third-party pricing model that affected the valuation of the swaps held by the Fund; (2) consequently, Infinity Q would not be able to calculate NAV correctly; (3) as a result, the previously reported NAVs were unreliable; (4) because of the foregoing, the Fund would halt redemptions and liquidate its assets; and (5) as a result, the Prospectuses were materially false and/or misleading and failed to state information required to be stated therein.
Leidos Holdings, Inc. (NYSE:LDOS)
CONTACT JAKUBOWITZ ABOUT LDOS:
https://claimyourloss.com/securities/leidos-holdings-inc-loss-submission-form/?id=14065&from=1
Class Period: May 4, 2020 - February 23, 2021
Lead Plaintiff Deadline: May 3, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the purported benefits of the Company's acquisition of L3Harris' Security Detection & Automation businesses were significantly overstated; (2) Leidos' products suffered from numerous product defects, including faulty explosive detection systems at airports, ports, and borders; (3) as a result of the foregoing, the Company's financial results were significantly overstated; 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
SOURCE: Jakubowitz Law