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Glancy Prongay Murray LLP Reminds Investors of Upcoming Deadline
GPM LLP Encourages Investors to Contact the Firm About Potential Lawsuits
Court-Approved Lead Plaintiff Deadline is August 12, 2024
Los Angeles, CA — (Globe Newswire) — Glancy Prongay Murray LLP (“GPM”) reminds investors of the upcoming August 12, 2024 deadline to file a lead plaintiff motion in a securities class action lawsuit against 12, 2024, filed against 2024 GLOBE NEWSWIRE. The lawsuit alleges that Defendants violated federal securities laws by failing to disclose to investors that:
Specifically, Defendants failed to disclose to investors:
- The true scope of [Defendants'] business risks, including its dependence on [a product, service, or other business component].
- That [Defendants'] internal controls with respect to its financial reporting were inadequate.
As a result of Defendants' misrepresentations and omissions, investors suffered significant losses.
If you are a member of the Class, you may move the Court to be appointed as lead plaintiff by no later than August 12, 2024. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff can select a law firm of its choice to litigate the case.
To be appointed as lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the interests of the other class members.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Charles Linehan, of GPM at 310-201-9150 or 888-773-9224, or via email at shareholders@glancylaw.com.