The Kornit Digital class action lawsuit seeks to represent purchasers of Kornit Digital Ltd. (NASDAQ: KRNT) common stock between August 10, 2021 and July 5, 2022, inclusive (the “Class Period”), including directly in Kornit Digital’s November 19, 2021 public stock offering (the “Offering”). Captioned Cleveland Bakers and Teamsters Pension Fund v. Kornit Digital Ltd., No. 23-cv-00971 (D.N.J.), the Kornit Digital class action lawsuit charges Kornit Digital and certain of Kornit Digital’s top executives, directors, Amazon.com NV Investment Holdings LLC, and underwriters of the Offering with violations of the Securities Act of 1933 and/or the Securities Exchange Act of 1934. If you suffered losses in Kornit Digital stock and wish to serve as lead plaintiff of the Kornit Digital class action lawsuit, please provide your information below. You can also contact Kornit Digital Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the Kornit Digital class action lawsuit must be filed with the court no later than April 17, 2023. If you suffered losses in Kornit Digital stock and have questions, please contact Kornit Digital stock loss lawyer Timothy L. Miles today. What Are the Allegations in the Kornit Digital Lawsuit?Kornit Digital develops, designs, and markets digital fashion and textile production technologies, with a focus on digital printing and cloud-based software for the global printed textile industry. The Kornit Digital class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) one of Kornit Digital’s largest customers, DTG2Go, a Delta Apparel, Inc. subsidiary, was transitioning to a competitor’s product offerings for its manufacturing needs; (ii) a second key customer, Fanatics, Inc., had decided to outsource production, a substantial portion of which was going to producers using non-Kornit Digital systems; (iii) as a result, Kornit Digital expected to and ultimately did lose substantial demand for its products and services; (iv) Kornit Digital was suffering from lessening demand for high-margin consumables which caused Kornit Digital to suffer from an unfavorable sales mix and lower gross margins; (v) e-commerce demand for Kornit Digital products was slowing down as facets of the economy reopened following the COVID-19 pandemic, which was having a negative effect on Kornit Digital’s revenue; (vi) as a result of the foregoing, Kornit Digital’s projected financial results and market opportunity were not achievable and lacked a reasonable basis in fact. What Is the Lead Plaintiff Process in the Kornit Digital Lawsuit?The Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in Kornit Digital stock to seek appointment as lead plaintiff in the in the Kornit Digital class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. Will the Lead Plaintiffs Get More Money than Class Members if the Class Action Lawsuit Settles?No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff in the Kornit Digital class action lawsuit which directly relates to the representation of the class. How Was the Class Period in the Kornit Digital Class Action Lawsuit Determined?In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public trough a corrective disclosure. In order to be a part of the class in the Kornit Digital class action lawsuit, you must have suffered damages in Kornit Digital stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated. Contact a Kornit Digital Stock Loss Lawyer if You Suffered Losses in Kornit Digital StockIf you suffered losses in Kornit Digital stock, contact Kornit Digital stock loss lawyer Timothy L. Miles today for a free case evaluation about a Kornit Digital class action lawsuit. TIMOTHY L. MILES, ESQ.Timothy L. Miles, Esq. is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. The Medical Properties class action lawsuit seeks to represent purchasers or acquirers of Medical Properties Trust, Inc. (NYSE: MPW) securities between July 15, 2019 and February 22, 2023, inclusive (the “Class Period”). The Medical Properties class action lawsuit charges Medical Properties and certain of its top executives with violations of the Securities Exchange Act of 1934. The first-filed complaint is captioned Swärd v. Medical Properties Trust, Inc., No. 23-cv-03070 (S.D.N.Y.). A subsequently filed complaint is captioned Pirani v. Medical Properties Trust, Inc., No. 23-cv-00486 (N.D. Ala.). If you suffered losses in Medical Properties and wish to serve as lead plaintiff in the class action against Medical Properties, please provide your information below. You can also contact Medical Properties stock loss lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the Medical Properties class action lawsuit must be filed with the court no later than June 12, 2023. If you suffered losses in Medical Properties stock and have questions, please contact Medical Properties stock loss lawyer Timothy L. Miles today. The Allegations in the Medical Properties Class Action LawsuitMedical Properties operates as a real estate investment trust that leases its medical facilities under long-term leases to providers of healthcare services. Prospect Medical Holdings, Inc. (“Prospect Medical”) leases and operates 13 of Medical Properties’ facilities, representing 7.3% of its total assets as of December 31, 2021. The Medical Properties class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Prospect Medical was facing significant pressures affecting the profitability of its Pennsylvania properties; (ii) as a result, there was a significant risk that Prospect Medical would be unable to meet its rental obligations owed to Medical Properties; and (iii) Medical Properties was reasonably likely to record an impairment charge to the real estate value of the Pennsylvania properties “given the elongated timing of the Pennsylvania recovery.” On February 23, 2023, Medical Properties reported its fourth quarter and full year 2022 financial results and disclosed an impairment of about $171 million on four properties leased to Prospect Medical as well as a write off of about $112 million in unbilled rent for Prospect Medical. On this news, Medical Properties’ stock price fell nearly 9%, damaging investors. What is the Lead Plaintiff Process in the Class Action Against Medical Properties?The Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in Medical Properties stock to seek appointment as lead plaintiff in the in the Medical Properties class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in Medical Properties stock, and have further questions, contact Medical Medical Properties stock loss lawyer Timothy L. Miles today who will fight to recover your damages. What Are the Benefits of Serving as Lead Plaintiff in the Class Action Against Medical Properties?Serving as a Lead Plaintiff in the Medical Properties class action lawsuit has several advantages and important benefits including:
How Was the Class Period Determined?In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public trough a corrective disclosure. In order to be a part of the class in the Medical Properties class action lawsuit, you must have suffered losses in Medical Properties stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated. Contact a Medical Properties Stock Loss Lawyer Today if You Suffered Losses in Medical Properties StockIf you suffered losses in Medical Properties stock, contact Medical Properties stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action against Medical Properties. TIMOTHY L. MILES, ESQ.Timothy L. Miles, Esq. is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. The DISH Network class action lawsuit seeks to represent purchasers or acquirers of DISH Network Corporation (NASDAQ: DISH) securities between February 22, 2021 and February 27, 2023, inclusive (the “Class Period”). Captioned Jaramillo v. DISH Network Corporation, No. 23-cv-00734 (D. Colo.), the DISH Network class action lawsuit charges DISH Network and certain of DISH Network’s top executives with violations of the Securities Exchange Act of 1934. If you suffered losses in DISH Network stock and wish to serve as lead plaintiff of the DISH Network class action lawsuit, please provide your information below. You can also contact DISH Network Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. When Is the Lead Plaintiff Deadline in the DISH Networks Class Action Lawsuit?Lead plaintiff motions for the DISH Network class action lawsuit must be filed with the court no later than May 22, 2023. What Are the Allegations in the DISH Network LawsuitDISH Network, together with its subsidiaries, provides pay-TV services in the United States. The DISH Network class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) DISH Network overstated its operational efficiency and maintained a deficient cybersecurity and information technology infrastructure; (ii) as a result, DISH Network was unable to properly secure customer data, leaving it vulnerable to access by malicious third parties; and (iii) the foregoing cybersecurity deficiencies also both rendered DISH Network’s operations susceptible to widespread service outages and hindered Dish Network’s ability to respond to such outages. On February 28, 2023, DISH Network, together with its subsidiaries, provides pay-TV services in the United States. The DISH Network class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) DISH Network overstated its operational efficiency and maintained a deficient cybersecurity and information technology infrastructure; (ii) as a result, DISH Network was unable to properly secure customer data, leaving it vulnerable to access by malicious third parties; and (iii) the foregoing cybersecurity deficiencies also both rendered DISH Network’s operations susceptible to widespread service outages and hindered Dish Network’s ability to respond to such outages. On February 28, 2023, DISH Network confirmed that it had “determined that [a previously disclosed] outage was due to a cyber-security incident and notified appropriate law enforcement authorities.” On this news, DISH Network’s stock price fell by more than 6%, damaging investors.confirmed that it had “determined that [a previously disclosed] outage was due to a cyber-security incident and notified appropriate law enforcement authorities.” On this news, DISH Network’s stock price fell by more than 6%, damaging investors who suffered losses in DISH Networks stock. What is the Lead Plaintiff Process in the DISH Network Class Action LawsuitThe Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in DISH Networks stock to seek appointment as lead plaintiff in the in the DISH Network Class Action Lawsuit class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. How Was the Class Period in the DISH Network Foods Class Action Lawsuit Determined?In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public trough a corrective disclosure. In order to be a part of the class, you must have suffered damages in DISH Network stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated. Contact a DISH Network Stock Loss Lawyer if You Suffered Losses in DISH Network StockIf you suffered damages in DISH Network, contact DISH Networks stock loss lawyer Timothy L. Miles today for a free case evaluation about a DISH Network class action lawsuit. TIMOTHY L. MILES, ESQ.Timothy L. Miles, Esq. is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. The Wheels Up class action lawsuit seeks to represent purchasers or acquirers of Wheels Up Experience Inc. (NYSE: UP) securities between November 9, 2022 and March 31, 2023, inclusive (the “Class Period”). Captioned The Lee Goodman Trust v. Wheels Up Experience Inc., No. 23-cv-02900 (E.D.N.Y.), the Wheels Up class action lawsuit charges Wheels Up and certain of its top executives with violations of the Securities Exchange Act of 1934. If you suffered losses in Wheels Up stock and wish to serve as lead plaintiff in the class action against Wheels Up please provide your information below. You can also contact Wheels Up Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the Wheels Up class action lawsuit must be filed with the court no later than June 20, 2023. If you suffered losses in Wheels Up stock and have questions, please contact Wheels Up stock Loss Lawyer Timothy L. Miles today. What Are the Allegations in the Wheels Up Class Action LawsuitWheels Up provides private aviation services in the United States. The Wheels Up class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Wheels Up failed to address any material weaknesses with internal controls; (ii) Wheels Up’s financial statements from September 30, 2022 to the present included certain errors such as understating net loss and overstating goodwill; and (iii) as a result, Wheels Up would need to restate its previously filed financial statements for certain periods. On March 17, 2023, Wheels Up reported that it would not timely file its Form 10-K for the year ended December 31, 2022. On this news, the price of Wheels Up stock fell more than 3%. Then, on March 31, 2023, Wheels Up reported that it would restate its financial statements from September 30, 2022 to the present, and expected to report at least one material weakness in internal controls over financial reporting. On this news, the price of Wheels Up stock fell more than 11%, further damaging investors who suffered losses in Wheels Up stock. What is the Lead Plaintiff Process in the Class Action Against Wheels Up?The Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in Wheels Up stock to seek appointment as lead plaintiff in the in the Wheels Up class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in Wheels Up stock, and have further questions, contact Wheels Up stock loss Lawyer Timothy L. Miles today who will fight to recover your damages. Can I Be Lead Plaintiff in the Wheels Up Class Action Lawsuit if I am Lead Plaintiff in Another Case?Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in Wheels Up stock, you may move to be appointed lead plaintiff in the Wheels Up Class Action Lawsuit. How Can a Wheels Up Stock Loss Lawyer Help Me if I Suffered Losses in Wheels Up Stock?A Wheels Up stock loss Lawyer is well-versed in the complex laws that govern the securities industry and litigation and focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, if they have lost money due to mistakes, incompetence, or fraud by an investment professional. While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discovery every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct. Contact a Wheels Up Stock Loss Lawyer Today if You Suffered Losses in Wheels Up StockIf you suffered losses Wheels Up stock, contact Wheels Up stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action against Wheels Up. Timothy L. Miles, Esq.Timothy L. Miles, Esq. is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. The LivePerson class action lawsuit seeks to represent purchasers or acquirers of LivePerson, Inc. (NASDAQ: LPSN) publicly traded securities between May 10, 2022 and March 16, 2023, inclusive (the “Class Period”). Captioned Straub v. LivePerson, Inc., No. 23-cv-03078 (E.D.N.Y.), the LivePerson class action lawsuit charges LivePerson and certain of its top executives with violations of the Securities Exchange Act of 1934. If you suffered losses in LivePerson stock and wish to serve as lead plaintiff in the class action against LivePerson please provide your information below. You can also contact LivePerson Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the LivePerson class action lawsuit must be filed with the court no later than June 23, 2023. If you suffered losses in LivePerson stock and have questions, please contact LivePerson stock Loss Lawyer Timothy L. Miles today. Read on for answers to three frequently asked questions about the LivePerson class action lawsuit. What Are the Allegations in the LivePerson Class Action Lawsuit?LivePerson delivers mobile and online messaging solutions through Conversation Artificial Intelligence. In 2022, LivePerson completed its acquisition of WildHealth, Inc. which purports to “analyze [patients’] DNA, biometrics, and lifestyle activity to provide a blueprint for maximizing [patients’] health span.” The LivePerson class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) LivePerson failed to address any material weaknesses with internal controls; (ii) LivePerson’s third quarter financial statements, ended in September 30, 2022, failed to disclose WildHealth’s suspension of Medicare reimbursement; and (iii) as a result, LivePerson’s fourth quarter 2022 revenue would be affected. On February 28, 2023, LivePerson announced that it would be unable to timely file its annual report. LivePerson further revealed that Medicare reimbursement was suspended with respect to a recently discontinued WildHealth program. On this news, the price of LivePerson stock declined more than 14%. Then, on March 6, 2023, LivePerson announced that a “review of WildHealth revenue is anticipated to affect fourth quarter 2022 revenue attributable to WildHealth’s participation in a Medicare demonstration program, due to suspension in November 2022 of Medicare reimbursements under the program and pending further governmental review.” On this news, the price of LivePerson stock declined further and investors suffered losses in LivePerson stock. Finally, on March 16, 2023, LivePerson reported that “due to certain control deficiencies which aggregated to a material weakness in [LivePerson’s] internal control over financial reporting . . . [LivePerson’s] disclosure controls and procedures were not effective as of December 31, 2022.” On this news, the price of LivePerson stock declined more than 57%, further damaging investors who suffered losses in LivePerson stock. What Are the Benefits of Serving as Lead Plaintiff in the Class Action Against LivePerson?Serving as a Lead Plaintiff in the LivePerson person class action lawsuit has several advantages and important benefits including:
How Can a LivePerson Stock Loss Lawyer Help Me if I Suffered Losses in LivePerson Stock?A LivePerson stock loss Lawyer is well-versed in the complex laws that govern the securities industry and litigation. A LivePerson stock loss Lawyer focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, if they have lost money due to mistakes, incompetence, or fraud by an investment professional. While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discovery every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct such as investors who suffered losses in LivePerson stock. Contact a LivePerson Stock Loss Lawyer Today if You Suffered Losses in LivePerson StockIf you suffered losses LivePerson stock, contact LivePerson stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action lawsuit against LivePerson. TIMOTHY L. MILES, ESQ.Timothy L. Miles, Esq. is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website. The Allbirds class action lawsuit seeks to represent purchasers or acquirers of: (a) Allbirds, Inc. (NASDAQ: BIRD) Class A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with Allbirds’ November 2021 initial public offering (the “IPO”); and/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive (the “Class Period”). Captioned Shnayder v. Allbirds, Inc., No. 23-cv-01811 (N.D. Cal.), the Allbirds class action lawsuit charges Allbirds and certain of its top executives, directors, and IPO underwriters with violations of the Securities Act of 1933 and/or the Securities Exchange Act of 1934. If you suffered losses in Allbirds and wish to serve as lead plaintiff in the class action against Allbirds, please provide your information below. You can also contact Allbirds Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the Allbirds class action lawsuit must be filed with the court no later than June 12, 2023. If you suffered losses in Allbirds stock and have questions, please contact Allbirds Stock Loss Lawyer Timothy L. Miles today. The Allegations in the Allbirds Class Action LawsuitAllbirds is a footwear and apparel company. The Allbirds class action lawsuit alleges that the IPO’s Registration Statement and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Allbirds was overemphasizing products that extended beyond Allbirds’ core offerings; (ii) Allbirds’ non-core products had a narrower appeal and were not resonating with customers as well as Allbirds’ core products; (iii) Allbirds was underinvesting in its core consumers’ favorite products to push Allbirds’ newer products with narrower appeal; and (iv) underinvesting in Allbirds’ core products was negatively impacting Allbirds’ sales. On March 9, 2023, Allbirds announced disappointing fourth quarter 2022 financial results and explained that its poor financial results were driven in part by overemphasis on “products that extended beyond [Allbirds’] core DNA.” Allbirds further disclosed that “some products and colors have had narrower appeal than [Allbirds] expected” and “[b]ecause [Allbirds was] spending significant time and resources on these new products that did not resonate well, [Allbirds] underinvested in [its] core consumers’ favorite products.” Allbirds also announced that its Chief Financial Officer, Michael Bufano, was stepping down. On this news, the price of Allbirds’ stock fell more than 47%, damaging investors who suffered losses in Allbirds stock. As of when the Allbirds class action lawsuit was filed, Allbirds’ stock continued to trade below the $15.00 per share IPO price. The Lead Plaintiff Process in the Class Action Against AllbirdstThe Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in Allbirds stock to seek appointment as lead plaintiff in the in the Allbirds class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in Allbirds stock, and have further questions, contact Allbirds stock loss Lawyer Timothy L. Miles today who will fight to recover your damages. The Benefits of Serving as Lead Plaintiff in the Class Action Against AllbirdsServing as a Lead Plaintiff in the Allbirds class action lawsuit has several advantages and important benefits including:
You Can Participate in the Allbirds Class Action Lawsuit if You Acquired Your Shares in My 401(k) or IRA AccountAs long as the shares were purchased during the class period then you suffered losses Allbirds stock and are eligible to participate in the class action against Allbirds. An Allbirds Stock Loss Lawyer Can Help You if You Suffered Losses in Allbirds StockAn Allbirds stock loss lawyer is well-versed in the complex laws that govern the securities industry and litigation and focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, if they have lost money due to mistakes, incompetence, or fraud by an investment professional. While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discovery every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct. It Does Cost Anything to Hire an Allbirds Stock Loss Lawyer if You Suffered Losses in Allbirds StockIf you suffered losses in Allbirds stock and are a member of the class, it does not cost anything to hire an Allbirds stock loss lawyer. Our firm litigates securities fraud cases on a contingent fee basis, so plaintiffs and the class do not pay attorneys’ fees or court costs unless there is a recovery, and the attorney fees and cost are awarded by the court as a percentage of the total recovery for the class. Contact an Allbirds Stock Loss Lawyer TodayIf you suffered losses Allbirds stock, contact Allbirds stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action against Allbirds. Timothy L. Miles, Esq.Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website. The Edgio class action lawsuit seeks to represent purchasers or acquirers of Edgio, Inc. f/k/a Limelight Networks, Inc. (NASDAQ: EGIO) securities between February 11, 2021 and March 12, 2023, inclusive (the “Class Period”). Captioned Esfandiari v. Edgio, Inc. f/k/a Limelight Networks, Inc., No. 23-cv-00691 (D. Ariz.), the Edgio class action lawsuit charges Edgio and certain of its top executives with violations of the Securities Exchange Act of 1934. If you suffered losses in Edgio stock and wish to serve as lead plaintiff in the class action against Edgio please provide your information below. You can also contact Edgio Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the Edgio class action lawsuit must be filed with the court no later than June 26, 2023. If you suffered losses in Edgio stock and have questions, please contact Edgio Stock Loss Lawyer Timothy L. Miles today What Are the What Are the Allegations in the Loyalty Ventures Class Action Lawsuit??Edgio provides software solutions for companies, including digital content delivery, online video delivery, cloud security, edge computing, cloud storage, and professional services. The Edgio class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) the sale of Open Edge equipment should be accounted as financing leases; (ii) there were material weaknesses in Edgio’s internal controls over financial reporting related to Open Edge transactions; and (iii) as a result, Edgio’s revenue had been overstated in certain periods. On March 13, 2023, Edgio announced that it will restate its previously issued financial statements for the years ended December 31, 2021 and 2020, as well as the quarterly reports for fiscal 2022 and 2021, because Edgio’s audit committee “identified an error in [Edgio’s] historic accounting treatment of Edgio’s Open Edge solution.” Edgio anticipated the restatements would result in a “reduction in revenues” of “up to approximately $23.0 million for the nine-month period ended September 30, 2022,” “up to approximately $16.7 million for the 12-month period ended December 31, 2021,” and “up to approximately $6.6 million for the 12-month period ended December 31, 2020.” On this news, Edgio’s stock price fell more than 15%, damaging investors as investors suffered losses in Edgio stock. Will the Lead Plaintiffs Get More Money than Class Members who Suffered Losses in Edgio Stock if the Edgio Class Action Lawsuit Settles?No, but the lead plaintiff in the Edgio class action lawsuit may be entitled to recover their reasonable expenses incurred with are directly related to representing the class. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff which directly relates to the representation of the class. If I Suffered Losses in Edgio Stock, How Much Can I Get Out of the Edgio Class Action Lawsuit?In a securities fraud class action lawsuit, the plaintiff’s damages are typically calculated as out-of-pocket losses. These losses are expressed as the difference between the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions which caused you to suffer losses in Edgio stock. How Much Does it Cost to Hire a Edgio Stock Loss Lawyer if I Suffered Losses in Edgio Stock?If you suffered losses in Edgio stock and are a member of the class, it does not cost anything to hire a Edgio stock loss lawyer. Our firm litigates securities fraud cases on a contingent fee basis, so plaintiffs and the class do not pay attorneys’ fees or court costs unless there is a recovery, and the attorney fees and cost are awarded by the court as a percentage of the total recovery for the class. Contact an Edgio Stock Loss Lawyer Today if You Suffered Losses in Edgio Stock About an Edgio Class Action LawsuitIf you suffered losses Edgio stock, contact Edgio stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action lawsuit against Edgio. Timothy L. Miles, Esq.Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recently selected by Martindale-Hubbell® and ALM |