Lawsuits Filed Against ERII, GNUS and AYX - Jakubowitz Law Pursues Shareholders Claims
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Lawsuits Filed Against ERII, GNUS and AYX - Jakubowitz Law Pursues Shareholders Claims

Sunday, September 13, 2020 11:11 AM
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NEW YORK, NY / ACCESSWIRE / September 13, 2020 / 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.

Energy Recovery, Inc. (NASDAQ:ERII)

CONTACT JAKUBOWITZ ABOUT ERII:
https://claimyourloss.com/securities/energy-recovery-inc-loss-submission-form/?id=9227&from=1

Class Period : August 2, 2017 - June 29, 2020

Lead Plaintiff Deadline : September 21, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

Genius Brands International, Inc (NASDAQ:GNUS)

CONTACT JAKUBOWITZ ABOUT GNUS:
https://claimyourloss.com/securities/genius-brands-international-inc-loss-submission-form/?id=9227&from=1

Class Period : March 17, 2020 - July 5, 2020

Lead Plaintiff Deadline : October 19, 2020

According to the Genius Brands lawsuit defendants made false and/or misleading statements and/or failed to disclose material information regarding: (i) Nickelodeon's purported broadcast expansion of Genius's Rainbow Rangers cartoon; (ii) subscription fees for the Kartoon Channel!; and (iii) the Company's growth potential and overall prospects as a company.

Alteryx, Inc. (NYSE:AYX)

CONTACT JAKUBOWITZ ABOUT AYX:
https://claimyourloss.com/securities/alteryx-inc-loss-submission-form/?id=9227&from=1

Class Period : May 6, 2020 - August 6, 2020

Lead Plaintiff Deadline : October 19, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was unable to close large deals within the quarter, and deals were pushed out to subsequent quarters or downsized; (2) as a result, Alteryx increasingly relied on adoption licenses to attract new customers; (3) as a result and due to the nature of adoption licenses, the Company's revenue was reasonably likely to decline; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law

Jakubowitz Law
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