Supplementing the releases issued on June 28 and 29, 2022.
PHILADELPHIA, PA / ACCESSWIRE / June 30, 2022 / Barrack, Rodos & Bacine (BR&B) announces that it has filed a Notice of Voluntary Dismissal of the securities class action lawsuit filed on behalf of purchasers of shares of Amazon.com Inc. (NASDAQ:AMZN) between February 1, 2019 and April 28, 2022, inclusive, captioned CWA Local 1180 Members' Annuity Fund and CWA Local 1180 Administrative Benefits Fund v. Amazon.com, Inc., No. 2:22-cv-00907-BJR (W.D. Wash.) (the "Second Amazon Action"). Previously, BR&B had published notice on Accesswire, alerting investors to the pendency of the Second Amazon Action and informing them of the July 5, 2022 deadline to seek appointment as Lead Plaintiff, which was set by the publication of notice of the pendency of an earlier filed action, captioned Joyce v. Amazon.com, Inc., No. 2:22-cv-00617-JHC (W.D. Wash.) (the "Joyce Action").
As a result of today's voluntary dismissal all claims asserted in the Second Amazon Action have been withdrawn. The dismissal of the Second Amazon Action has no impact on the Joyce Action, and investors that wish to seek Lead Plaintiff status in the Joyce Action based on the allegations in the Joyce complaint continue to have until July 5, 2022 to file an application with the court.
Philadelphia-based Barrack, Rodos & Bacine has more than four decades of experience prosecuting securities law class actions, including cases involving accounting fraud and insider trading, and has achieved some of the largest recoveries in U.S. history of securities litigation. The firm's largest recoveries on behalf of investors include $6.19 billion for WorldCom investors, $3.32 billion for Cendant investors, $1.05 billion for McKesson investors, and $970.5 million for AIG investors.
For additional information concerning the Notice of Voluntary Dismissal or the now withdrawn Complaint, please contact either Jeffrey A. Barrack, Esq. at [email protected] or by telephone at (215) 963-0600 or Stephen R. Basser, Esq. at [email protected], or by telephone at (619) 230-0800.
SOURCE: Barrack, Rodos & Bacine