NEW YORK, NY / ACCESSWIRE / May 22, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
Plug Power Inc. (NASDAQ:PLUG)
CONTACT JAKUBOWITZ ABOUT PLUG:
https://claimyourloss.com/securities/plug-power-inc-class-action-loss-submission-form/?id=39754&from=1
Class Period : August 9, 2022 - March 1, 2023
Lead Plaintiff Deadline : June 12, 2023
According to the filed complaint, Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendant's statements about the Company's business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis.
LivePerson, Inc. (NASDAQ:LPSN)
CONTACT JAKUBOWITZ ABOUT LPSN:
https://claimyourloss.com/securities/liveperson-class-action-loss-submission-form/?id=39754&from=1
Class Period : May 10, 2022 - March 16, 2023
Lead Plaintiff Deadline : June 23, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) LivePerson failed to address any material weaknesses with internal controls; (2) LivePerson's third quarter financial statements, ended in September 30, 2022 failed to disclose its subsidiary, WildHealth's, suspension of Medicare reimbursement; (3) as a result, LivePerson's fourth quarter 2022 revenue would be affected; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Beyond Meat, Inc. (NASDAQ:BYND)
CONTACT JAKUBOWITZ ABOUT BYND:
https://claimyourloss.com/securities/beyond-meat-class-action-loss-submission-form/?id=39754&from=1
Class Period : May 5, 2020 - October 13, 2022
Lead Plaintiff Deadline : July 10, 2023
According to the complaint, throughout the Class Period defendants made numerous materially false and misleading statements and omissions concerning the Company's ability to produce plant-based meats at scale. Specifically, defendants repeatedly assured investors that Beyond Meat conducted "extensive testing" to "ensure manufacturability" of its plant-based meat products at commercial scale, and touted the success of the Company's product tests with its large-scale partnerships as "very positive." Further, defendants blamed any delays in launching these large-scale partnerships on Covid-19.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
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SOURCE: Jakubowitz Law