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SHAREHOLDER ALERT: BLU CAN PCT: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Thursday, 13 May 2021 01:55 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / May 13, 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.

BELLUS Health Inc. (NASDAQ:BLU)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/bellus-health-inc-investigation-loss-submission-form?prid=15834&wire=1
Lead Plaintiff Deadline: May 17, 2021
Class Period: September 5, 2019 - July 5, 2020

Allegations against BLU include that: while BLU-5937's "high selectivity" contributed to the drug causing little to no taste alteration in chronic cough patients, that high selectivity also contributed to the drug potentially being less efficacious and thus likely not be able to meet the primary endpoint of the Company's Phase 2 trial.

Canaan Inc. (NASDAQ:CAN)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/canaan-inc-loss-submission-form-2?prid=15834&wire=1
Lead Plaintiff Deadline: June 14, 2021
Class Period: February 10, 2021 - April 9, 2021

Allegations against CAN include that: they concealed that due to ongoing supply chain disruptions and the introduction of the Company's next-generation A12 series bitcoin mining machines - which had cannibalized sales of the older product offerings - Canaan's 4Q20 sales had declined more than 93% year-over-year compared to its fourth quarter fiscal year 2019 ("4Q19") sales and more than 93% quarter-over-quarter compared to its third quarter FY20 ("3Q20") sales.

PureCycle Technologies, Inc. (NASDAQ:PCT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/purecycle-technologies-inc-loss-submission-form?prid=15834&wire=1
Lead Plaintiff Deadline: July 12, 2021
Class Period: November 16, 2020 - May 5, 2021

Allegations against PCT include that: (i) the technology PureCycle licensed from Procter & Gamble is not proven and presents serious issues even at lab scale; (ii) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology are significant; (iii) PureCycle's financial projections are baseless; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

The Law Offices of Vincent Wong, Thursday, May 13, 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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