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SHAREHOLDER ALERT: SDIG APYX TDOC: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Thursday, 09 June 2022 01:00 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / June 9, 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.

Stronghold Digital Mining, Inc. (NASDAQ:SDIG)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/stronghold-digital-mining-inc-loss-submission-form?prid=28339&wire=1
Lead Plaintiff Deadline: June 13, 2022
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Stronghold Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's October 2021 initial public offering.

Allegations against SDIG include that: (1) contracted suppliers, including MinerVa Semiconductor Corp., were reasonably likely to miss anticipated delivery quantities and deadlines; (2) due to strong demand and pre-sold supply of mining equipment in the industry, Stronghold would experience difficulties obtaining miners outside of confirmed purchase orders; (3) as a result of the foregoing, there was a significant risk that Stronghold could not expand its mining capacity as expected; (4) as a result, Stronghold would likely experience significant losses; and (5) 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.

Apyx Medical Corporation (NASDAQ:APYX)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?prid=28339&wire=1
Lead Plaintiff Deadline: August 5, 2022
Class Period: May 12, 2021 - March 11, 2022

Allegations against APYX include that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) 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.

Teladoc Health, Inc. (NYSE:TDOC)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/teladoc-health-inc-loss-submission-form-2?prid=28339&wire=1
Lead Plaintiff Deadline: August 5, 2022
Class Period: October 28, 2021 - April 27, 2022

Allegations against TDOC include that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

The Law Offices of Vincent Wong, Thursday, June 9, 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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