Back to Newsroom
Back to Newsroom

LAWSUITS FILED AGAINST CEI, LSPD And NVAX - Jakubowitz Law Pursues Shareholders Claims

Thursday, 18 November 2021 03:40 PM

Jakubowitz Law

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / November 18, 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.

Camber Energy, Inc. (NYSE:CEI)

CONTACT JAKUBOWITZ ABOUT CEI:
https://claimyourloss.com/securities/camber-energy-inc-loss-submission-form/?id=21372&from=1

Class Period: February 18, 2021 - October 4, 2021

Lead Plaintiff Deadline: December 28, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Camber overstated the financial and business prospects of Viking as well as the combined company post merger; (ii) Camber failed to apprise investors of, and/or downplayed, the fact that its acquisition of a controlling interest in Viking would exacerbate the Company's delinquent financial statements and listing obligations with the NYSE; (iii) an institutional investor was diluting Camber's shares at a significant rate following the Company's July 12, 2021 update regarding the number of its shares of common stock issued and outstanding; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Lightspeed Commerce Inc. (NYSE:LSPD)

CONTACT JAKUBOWITZ ABOUT LSPD:
https://claimyourloss.com/securities/lightspeed-commerce-inc-loss-submission-form/?id=21372&from=1

Class Period: September 11, 2020 - September 28, 2021

Lead Plaintiff Deadline: January 18, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Lightspeed had misrepresented the strength of its business by, inter alia, overstating its customer count, gross transaction volume, and increase in Average Revenue Per User, while concealing the Company's declining organic growth and business deterioration; (ii) Lightspeed had overstated the benefits and value of the Company's various acquisitions; (iii) accordingly, the Company had overstated its financial position and prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Novavax, Inc. (NASDAQ:NVAX)

CONTACT JAKUBOWITZ ABOUT NVAX:
https://claimyourloss.com/securities/novavax-inc-loss-submission-form-2/?id=21372&from=1

Class Period: March 2, 2021 - October 19, 2021

Lead Plaintiff Deadline: January 11, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Novavax overstated its manufacturing capabilities and downplayed manufacturing issues that would impact its approval timeline for NVX-CoV2373, a protein-based vaccine candidate engineered from the genetic sequence of the first strain of the SARS-CoV-2 coronavirus; (ii) as a result, Novavax was unlikely to meet its anticipated Emergency Use Authorization regulatory timelines for NVX-CoV2373; (iii) accordingly, the Company overstated the regulatory and commercial prospects for NVX-CoV2373; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jakubowitz Law, Thursday, November 18, 2021, Press release picture

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.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law

Topic:
Lawsuits
Back to newsroom
Back to Newsroom
Share by: