NEW YORK, NY / ACCESSWIRE / June 13, 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.
adidas AG (OTCQX: ADDYY)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/adidas-class-action-submission-form?prid=40795&wire=1
Lead Plaintiff Deadline: June 27, 2023
Class Period: May 3, 2018 - February 21, 2023
Allegations against ADDYY include that: (1) In addition to other misconduct, Kanye West made anti-Semitic comments in front of adidas staff, and even suggested naming an album after Adolf Hitler; (2) adidas was aware of his behavior, and failed to warn investors that it was aware of that behavior, and had considered ending the Partnership as a result of it; (3) adidas failed to take meaningful precautionary measures to limit negative financial exposure if the Partnership were to end as a result of West's behavior; (4) adidas overstated the risk mitigation measures it took with regard to Yeezy shoes in the event that it terminated the Partnership; (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Beyond Meat, Inc. (NASDAQ:BYND)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/beyond-meat-class-action-submission-form?prid=40795&wire=1
Lead Plaintiff Deadline: July 10, 2023
Class Period: May 5, 2020 - October 13, 2022
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.
Futu Holdings Limited (NASDAQ:FUTU)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/futu-class-action-submission-form?prid=40795&wire=1
Lead Plaintiff Deadline: August 11, 2023
Class Period: April 27, 2020 - May 16, 2023
Allegations against FUTU include that: (1) Futu's business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead falsely characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; 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