NEW YORK, NY / ACCESSWIRE / June 2, 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.
Horizon Bancorp, Inc. (NASDAQ:HBNC)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/horizon-class-action-submission-form?prid=40293&wire=1
Lead Plaintiff Deadline: June 20, 2023
Class Period: March 9, 2022 - March 10, 2023
Allegations against HBNC include that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
First Republic Bank (OTCMKT:FRCB)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/first-republic-class-action-submission-form?prid=40293&wire=1
Lead Plaintiff Deadline: June 23, 2023
Class Period: January 14, 2021 - March 14, 2023
According to the complaint, Defendants misrepresented the strength of the Company's balance sheet and liquidity position, while also understating the significant pressure rising interest rates posed to First Republic's business model. Defendants also misrepresented the strength of the Company's ability to deliver consistent results across different interest rate environments, the diversity of the Company's deposit funding base, and the Company's ability to generate net interest income ("NII") growth and maintain stable net interest margin ("NIM").
NextEra Energy, Inc. (NYSE:NEE)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/nextera-energy-class-action-submission-form?prid=40293&wire=1
Lead Plaintiff Deadline: July 25, 2023
Class Period: December 2, 2021 - February 1, 2023
Allegations against NEE include that: (1) Florida Power and Light Company's surreptitious orchestration of political misconduct exposed NEE to substantial legal and reputational risk; and (2) in light of the above, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
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