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SHAREHOLDER ALERT: ASTR AFRM GRAB: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Wednesday, 06 April 2022 08:40 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / April 6, 2022 / 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.

Astra Space Inc. f/k/a Holicity Inc. (NASDAQ:ASTR)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/astra-space-inc-f-k-a-holicity-inc-loss-submission-form?prid=25659&wire=1
Lead Plaintiff Deadline: April 11, 2022
Class Period: February 2, 2021 - December 29, 2021

Allegations against ASTR include that: (1) Astra cannot launch "anywhere"; (2) Astra significantly overstated its addressable market; (3) Astra overstated the effectiveness of its designs and reliability; (4) Astra significantly overstated its plans for diversification and its broadband constellation plan; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Affirm Holdings, Inc. (NASDAQ:AFRM)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/affirm-holdings-inc-loss-submission-form?prid=25659&wire=1
Lead Plaintiff Deadline: April 29, 2022
This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.

(i) Affirm's "buy now, pay-later" service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (ii) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (iii) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (iv) accordingly, Affirm's tweet for its second quarter 2022 financial results contained selected metrics that made it appear that the Company had performed better than it actually did; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Grab Holdings Limited (NASDAQ:GRAB)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/grab-holdings-limited-loss-submission-form?prid=25659&wire=1
Lead Plaintiff Deadline: May 16, 2022
Class Period: November 12, 2021 - March 2, 2022

Allegations against GRAB include that: (1) Grab's driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to "preemptively recalibrate driver supply"; (3) as a result, the Company's financial results would be adversely impacted, including, among other things, a significant decline in revenue; 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.

The Law Offices of Vincent Wong, Wednesday, April 6, 2022, 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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