NEW YORK, NY / ACCESSWIRE / February 8, 2023 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.
Allianz SE (OTCMKT:ALIZY)
Investors Affected : March 9, 2018 - May 17, 2022
A class action has commenced on behalf of certain shareholders in Allianz SE. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Allianz did not have effective internal controls; (2) Allianz's subsidiary was involved in substantial fraudulent activity; (3) as a result, Allianz was at an increased risk of regulatory scrutiny; (4) as a result, Allianz was at an increased risk of substantial losses and financial costs; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/allianz-se-loss-submission-form/?id=36362&from=1
Honda Motor Co., Ltd. (NYSE:HMC)
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired Honda American Depository Shares between June 20, 2018 and September 28, 2022, both dates inclusive.
A class action has commenced on behalf of certain shareholders in Honda Motor Co, Ltd. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Honda had overstated the safety and effectiveness of the Idle Stop engine feature; (ii) Honda maintained deficient disclosure controls and procedures with respect to product quality and safety; (iii) as a result of the foregoing deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles that contained a defective Idle Stop feature; (iv) the foregoing conduct subjected the Company and/or its subsidiaries to a heightened risk of litigation, as well as financial and/or reputational harm; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/honda-class-action-submission-form/?id=36362&from=1
Atlassian Corporation (NASDAQ:TEAM)
This lawsuit is on behalf of all persons or entities who purchased and/or acquired Atlassian ordinary shares and/or common stock between August 5, 2022 and November 3, 2022, inclusive.
A class action has commenced on behalf of certain shareholders in Atlassian Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) macroeconomic factors were having a material adverse impact on Atlassian's business; (2) the slowing conversions from free to paid customers the Company was experiencing constituted a negative trend; (3) paid user growth had also slowed; and (4) as a result, defendants' positive statements about the Company's financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/atlassian-corporation-loss-submission-form/?id=36362&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (212) 537-9430
Fax: (833) 862-7770
SOURCE: The Gross Law Firm