The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PHG, SLQT and KPLT
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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PHG, SLQT and KPLT

Wednesday, October 13, 2021 1:00 PM
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The Klein Law Firm

NEW YORK, NY / ACCESSWIRE / October 13, 2021 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Koninklijke Philips N.V. (NYSE:PHG)
Class Period: February 25, 2020 - June 11, 2021
Lead Plaintiff Deadline: October 15, 2021

According to the complaint, Koninklijke Philips N.V. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Philips had deficient product manufacturing controls or procedures; (ii) as a result, the Company's Bi-Level PAP and CPAP devices and mechanical ventilators were manufactured using hazardous materials; (iii) accordingly, the Company's sales revenues from the foregoing products were unsustainable; (iv) the foregoing also subjected the Company to a substantial risk of a product recall, in addition to potential legal and/or regulatory action; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in PHG: https://www.kleinstocklaw.com/pslra-1/koninklijke-philips-n-v-loss-submission-form?id=20396&from=1

Selectquote, Inc. (NYSE:SLQT)
Class Period: May 20, 2020 - August 25, 2021
Lead Plaintiff Deadline: October 15, 2021

The SLQT lawsuit alleges that throughout the class period, Selectquote, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) SelectQuote's 2019 cohort was underperforming; (2) as a result, the Company's financial results would be adversely impacted; 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.

Learn about your recoverable losses in SLQT: https://www.kleinstocklaw.com/pslra-1/selectquote-inc-loss-submission-form?id=20396&from=1

Katapult Holdings, Inc. (NASDAQ:KPLT)
Class Period: December 18, 2020 - August 10, 2021
Lead Plaintiff Deadline: October 26, 2021

The KPLT lawsuit alleges Katapult Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) Katapult was experiencing declining e-commerce retail sales and consumer spending, (2) despite Katapult's assertions that it was clear and compelling value proposition to both consumers and merchants, transforming the way nonprime consumers shop for essential goods and enabling merchant access to this underserved segment, Katapult lacked visibility into its consumers' future buying behavior; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in KPLT: https://www.kleinstocklaw.com/pslra-1/katapult-holdings-inc-loss-submission-form?id=20396&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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