NEW YORK, NY / ACCESSWIRE / May 15, 2023 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Alphabet Inc. (NASDAQ:GOOGL)
Class Period: February 4, 2020 - January 23, 2023
Lead Plaintiff Deadline: May 15, 2023
Throughout the class period, Alphabet Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Alphabet used its dominance in the field of digital advertising to disadvantage website publishers and advertisers who used competing advertising products; (ii) the foregoing conduct was anticompetitive in nature and likely to draw significant regulatory scrutiny; (iii) Alphabet's revenues were unsustainable to the extent that they were the product of said anticompetitive conduct; (iv) Alphabet's conduct, once revealed, would negatively impact the Company's reputation and expose it to a heightened risk of litigation and regulatory enforcement action; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in GOOGL: https://www.kleinstocklaw.com/pslra-1/alphabet-lawsuit-loss-submission-form?id=39463&from=1
Target Corporation (NYSE:TGT)
Class Period: August 18, 2021 - May 17, 2022
Lead Plaintiff Deadline: May 30, 2023
The complaint alleges that throughout the class period Target Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Target's difficulty maintaining a balanced inventory of in-demand goods was far worse than the Company had represented; (ii) Target was severely impacted by changing consumer preferences; (iii) Target's inventory mix was significantly more sensitive to changing consumer preferences due to Target's practice of buying larger quantities ahead of season, and was therefore at significant risk of having to use markdowns to sell out-of-demand goods; and (iv) as a direct result of these changing preferences, Target's inventory increasingly became out-of-balance and overweight in bulky and unsellable goods throughout the Class Period forcing Target to markdown its out-of-demand goods, thereby negatively impacting revenue.
Learn about your recoverable losses in TGT: https://www.kleinstocklaw.com/pslra-1/target-corporation-lawsuit-loss-submission-form?id=39463&from=1
Icahn Enterprises L.P. (NASDAQ:IEP)
Class Period: August 2, 2018 - May 9, 2023
Lead Plaintiff Deadline: July 10, 2023
Icahn Enterprises L.P. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Icahn Enterprises was inflating its net asset value; (ii) the Company was using money taken in from new investors to pay out dividends to old investors; (iii) as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (iv) as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Learn about your recoverable losses in IEP: https://www.kleinstocklaw.com/pslra-1/icahn-enterprises-lawsuit-loss-submission-form?id=39463&from=1
Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
SOURCE: The Klein Law Firm