NEW YORK, NY / ACCESSWIRE / June 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.
Credit Suisse Group AG (NYSE:CS)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/credit-suisse-group-ag-loss-submission-form?prid=16828&wire=1
Lead Plaintiff Deadline: June 15, 2021
Class Period: October 29, 2020 - March 31, 2021
Allegations against CS include that: defendants concealed material defects in the Company's risk policies and procedures and compliance oversight functions and efforts to allow high-risk clients to take on excessive leverage, including Greensill Capital ("Greensill") and Archegos Capital Management ("Archegos"), exposing the Company to billions of dollars in losses.
Washington Prime Group, Inc. (NYSE:WPG)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/washington-prime-group-inc-loss-submission-form?prid=16828&wire=1
Lead Plaintiff Deadline: July 23, 2021
Class Period: November 5, 2020 - March 4, 2021
Allegations against WPG include that: (1) WPG's financial condition was deteriorating substantially; (2) as a result, there was substantial uncertainty about the Company's ability to meet its capital structure obligations as they became due; and (3) 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.
RLX Technology Inc. (NYSE:RLX)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/rlx-technology-inc-loss-submission-form?prid=16828&wire=1
Lead Plaintiff Deadline: August 9, 2021
This lawsuit is on behalf of persons who purchased, or otherwise acquired, RLX American Depository Shares pursuant or traceable to the F-1 registration statement and related prospectus on Form 424B4 issued in connection with RLX's January 2021 initial public stock offering.
Allegations against RLX include that: the Company's then-existing exposure to China's ongoing campaign to establish a national standard for e-cigarettes, which would bring them into line with ordinary cigarette regulations, and that RLX's reported financials were not nearly as robust as the offering materials projected, nor were they indicative of future results. As a result, investors purchased RLX shares at artificially inflated prices.
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.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]
SOURCE: The Law Offices of Vincent Wong