NEW YORK, NY / ACCESSWIRE / April 26, 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.
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/telefonaktiebolaget-lm-ericsson-loss-submission-form?prid=26355&wire=1
Lead Plaintiff Deadline: May 2, 2022
Class Period: April 27, 2017 - February 25, 2022
Allegations against ERIC include that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Meta Platforms, Inc. (NASDAQ:FB)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/meta-platforms-inc-loss-submission-form?prid=26355&wire=1
Lead Plaintiff Deadline: May 9, 2022
Class Period: March 2, 2021 - February 2, 2022
Allegations against FB include that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.
Vertiv Holdings Co (NYSE:VRT)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/vertiv-holdings-co-loss-submission-form?prid=26355&wire=1
Lead Plaintiff Deadline: May 23, 2022
Class Period: April 28, 2021 - February 23, 2022
Allegations against VRT include that: (1) the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv's earnings 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.
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