NEW YORK, NY / ACCESSWIRE / April 23, 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.
AgEagle Aerial Systems, Inc. (NYSE:UAVS)
CONTACT JAKUBOWITZ ABOUT UAVS:
https://claimyourloss.com/securities/ageagle-aerial-systems-inc-loss-submission-form/?id=15083&from=1
Class Period : September 3, 2019 - February 18, 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) AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon; (2) rather than correct the public's understanding about a partnership with Amazon, Defendants were actively contributing to the rumor that AgEagle had a partnership with Amazon; and (3) as a result, Defendants' statements about AgEagle's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Ontrak, Inc. (NASDAQ:OTRK)
CONTACT JAKUBOWITZ ABOUT OTRK:
https://claimyourloss.com/securities/ontrak-inc-loss-submission-form/?id=15083&from=1
Class Period : November 5, 2020 - February 26, 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) 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.
Amdocs Limited (NASDAQ:DOX)
CONTACT JAKUBOWITZ ABOUT DOX:
https://claimyourloss.com/securities/amdocs-limited-loss-submission-form/?id=15083&from=1
Class Period : December 13, 2016 - March 30, 2021
Lead Plaintiff Deadline : June 8, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Amdocs overstated its profits, cash, and liquidity, while understating its debt; (ii) Amdocs concealed its large borrowing; (iii) while Amdocs' reported results showed that its North American business was stable, that business was actually deteriorating annually, in part because the Company was losing AT&T as a customer; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
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.
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JAKUBOWITZ LAW
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New York, New York 10036
T: (212) 867-4490
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SOURCE: Jakubowitz Law