NEW YORK, NY / ACCESSWIRE / April 22, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
SOS Shareholders Click Here: https://www.zlk.com/pslra-1/sos-limited-information-request-form?prid=15033&wire=1
NEPT Shareholders Click Here: https://www.zlk.com/pslra-1/neptune-wellness-solutions-inc-loss-submission-form?prid=15033&wire=1
EBON Shareholders Click Here: https://www.zlk.com/pslra-1/ebang-international-holdings-loss-submission-form?prid=15033&wire=1
* ADDITIONAL INFORMATION BELOW *
SOS Limited (NYSE:SOS)
SOS Lawsuit on behalf of: investors who purchased July 22, 2020 - February 25, 2021
Lead Plaintiff Deadline: June 1, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/sos-limited-information-request-form?prid=15033&wire=1
According to the filed complaint, during the class period, SOS Limited made materially false and/or misleading statements and/or failed to disclose that: (i) SOS had misrepresented the true nature, location, and/or existence of at least one of the principal executive offices listed in its SEC filings; (ii) HY and FXK were either undisclosed related parties and/or entities fabricated by the Company; (iii) the Company had misrepresented the type and/or existence of the mining rigs that it claimed to have purchased; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Neptune Wellness Solutions Inc. (NASDAQ:NEPT)
NEPT Lawsuit on behalf of: investors who purchased July 24, 2019 - February 16, 2021
Lead Plaintiff Deadline: May 17, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/neptune-wellness-solutions-inc-loss-submission-form?prid=15033&wire=1
According to the filed complaint, during the class period, Neptune Wellness Solutions Inc. made materially false and/or misleading statements and/or failed to disclose 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.
Ebang International Holdings Inc. (NASDAQ:EBON)
EBON Lawsuit on behalf of: investors who purchased June 26, 2020 - April 5, 2021
Lead Plaintiff Deadline: June 7, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ebang-international-holdings-loss-submission-form?prid=15033&wire=1
According to the filed complaint, during the class period, Ebang International Holdings Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the proceeds from Ebang's public offerings had been directed to an low yield, long term bonds to an underwriter and to related parties rather than used to develop the Company's operations; (2) Ebang's sales were declining and the Company had inflated reported sales, including through the sale of defective units; (3) Ebang's attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang's purported crytocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; 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.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
https://www.zlk.com
SOURCE: Levi & Korsinsky, LLP