NEW YORK, NY / ACCESSWIRE / April 12, 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.
fuboTV Inc. (NYSE:FUBO)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/fubotv-inc-loss-submission-form?prid=14555&wire=1
Lead Plaintiff Deadline: April 19, 2021
Class Period: March 23, 2020 - January 4, 2021
Allegations against FUBO include that: (ii) Fubo offering of products was subject to undisclosed cost escalations; (iii) Fubo could not successfully compete and perform as sports book operator and could not capitalize on its only sports wagering opportunity; (iv) Fubo's data and inventory was not differentiated to allow Fubo to achieve long-term advertising growth goals and forecasts; (v) Fubo's valuation was overstated in light of its total revenue and subscription levels; (vi) the acquisition of Balto Sport did not provide the stated synergies, internal expertise, and did not expand the Company's addressable market into online sports wagering; and as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Ontrak, Inc. (NASDAQ:OTRK)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/ontrak-inc-loss-submission-form?prid=14555&wire=1
Lead Plaintiff Deadline: May 3, 2021
Class Period: November 5, 2020 - February 26, 2021
Allegations against OTRK include that: (1) Ontrak's largest customer evaluated the Company on a provider basis, valuing Ontrak's performance based on achieving the lowest cost per medical visit rather than clinical outcomes or medical cost savings; (2) as a result, Ontrak's largest customer did not find the Company's program to be effective and was reasonably likely to terminate its contract with Ontrak; (3) because this customer accounted for a significant portion of the Company's revenue, the loss of the customer would have an outsized impact on Ontrak's financial results; 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.
Leidos Holdings, Inc. (NYSE:LDOS)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/leidos-holdings-inc-loss-submission-form?prid=14555&wire=1
Lead Plaintiff Deadline: May 3, 2021
Class Period: May 4, 2020 - February 23, 2021
Allegations against LDOS include 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.
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