NEW YORK, NY / ACCESSWIRE / September 20, 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.
Weber Inc. (NYSE:WEBR)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/weber-inc-loss-submission-form?prid=31942&wire=1
Lead Plaintiff Deadline: September 27, 2022
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Weber Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's August 2021 initial public offering.
Allegations against WEBR include that: (1) Weber was reasonably likely to implement price increases; (2) as a result, consumer demand for Weber's products was reasonably likely to decrease; (3) due to the resulting inventory buildup, Weber was reasonably likely to run promotions to "enhance retail sell through"; (4) the foregoing would adversely impact Weber's financial results; 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.
NIO Inc. (NYSE:NIO)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/nio-inc-lawsuit-loss-submission-form?prid=31942&wire=1
Lead Plaintiff Deadline: October 24, 2022
Class Period: August 20, 2020 - July 11, 2022
Allegations against NIO include that: (1) NIO pulled forward revenue by selling batteries to a related party, which owned the batteries and managed users' subscriptions; (2) through the related party, NIO also recognized enormous depreciation savings; (3) as a result of the foregoing, the Company's revenue and net loss were overstated; 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.
Azure Power Global Limited (NYSE:AZRE)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/azure-shareholder-class-action-loss-submission-form?prid=31942&wire=1
Lead Plaintiff Deadline: October 31, 2022
Class Period: June 15, 2021 - August 26, 2022
Allegations against AZRE include that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure's plants; (2) certain project data was manipulated; (3) as a result of the foregoing, the Company's internal controls and procedures were not effective; (4) Azure had received a credible whistleblower report alleging such misconduct; 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.
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