Friday, 16 June 2023 07:30 AM
Class Action
NEW YORK, NY / ACCESSWIRE / June 16, 2023 / 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.
Atlas Lithium Corporation (NASDAQ:ATLX)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/atlas-lithium-class-action-submission-form?prid=40931&wire=1
Lead Plaintiff Deadline: August 1, 2023
Class Period: March 25, 2022 - May 3, 2023
Allegations against ATLX include that: (i) the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; (ii) in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company's stock; (iii) the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium's business was revealed; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
DouYu International Holdings Limited (NASDAQ:DOYU)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/douyu-class-action-submission-form?prid=40931&wire=1
Lead Plaintiff Deadline: August 8, 2023
Class Period: April 30, 2021 - May 9, 2023
Allegations against DOYU include that: (1) the Chinese government, due to concerns about issues such as video game and computer addiction, as well as content challenging its authority, could become increasingly aggressive towards DouYu regardless of how effective or sincere its attempts to comply with Chinese law were; (2) this increasingly aggressive posture subjected DouYu to a heightened risk of an investigation and subsequent government enforcement action and ultimately resulted in enforcement action; and (3); 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.
DZS Inc. (NASDAQ:DZSI)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/dzs-class-action-submission-form?prid=40931&wire=1
Lead Plaintiff Deadline: August 14, 2023
Class Period: March 10, 2023 - May 31, 2023
Allegations against DZSI include that: (1) DZS' financial statements from March 31, 2023 to the present included certain errors; (2) as a result, DZS would need to restate its previously filed quarterly financial statement for the period ending March 31, 2023; (3) the Company had ongoing undisclosed issues with its internal controls over financial reporting; 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.
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