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Lifshitz Law PLLC Announces Investigations of Amplitude, Inc. (NASDAQ: AMPL), Sunnova Energy International Inc. (NYSE: NOVA), Dick's Sporting Goods, Inc. (NYSE: DKS), and Fox Factory Holding Corp. (NASDAQ: FOXF)

Thursday, 11 April 2024 03:00 AM

NEW YORK, NY / ACCESSWIRE / April 11, 2024 / Lifshitz Law Firm, P.C.

Amplitude, Inc. (NASDAQ:AMPL)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between June 4, 2021 and October 12, 2023 (the "Relevant Period")the Company made false and/or misleading statements and/or failed to disclose that: (i) Amplitude's land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; (ii) the rapid acceleration in the Company's 2Q21 results resulted from the ephemeral effects of the COVID-19 pandemic which had not continued by the start of the Relevant Period, as Amplitude clients were expanding at a slower pace; and (iii) as a result, Amplitude's business, operations, financial results, and prospects were materially worse than represented to investors during the Relevant Period.

If you are an AMPL investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Sunnova Energy International Inc. (NYSE:NOVA)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between February 25, 2020 and December 7, 2023 the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Sunnova routinely engaged in predatory business practices against disadvantaged homeowners and communities; (ii) the foregoing conduct subjected the Company to a heightened risk of regulatory and/or governmental scrutiny, as well as significant reputational and/or financial harm; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you are a NOVA investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Dick's Sporting Goods, Inc. (NYSE:DKS)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between May 25, 2022 and August 21, 2023the Company made materially false and/or misleading statements and/or failed to disclose that: (i) demand for products in the Company's Outdoor segment was slowing faster than the Company represented, resulting in excess inventory; (ii) the "structural changes" that the Company repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow the Company to manage its excess inventory without hurting the Company's profitability; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company's profitability; and (iv) as a result, the Company's statements about its business condition and prospects were materially false and misleading when made.

If you are a DKS investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Fox Factory Holding Corp. (NASDAQ:FOXF)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between May 6, 2021 and November 2, 2023 the Company made misrepresentations related to demand for Fox Factory's products and inventory levels.

If you are a FOXF investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

CONTACT:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: [email protected]

SOURCE: Lifshitz Law Firm, P.C.

Topic:
Class Action
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