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CLASS ACTION UPDATE for GEO, AYX and BIDU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

·3 mins read

NEW YORK, NY / ACCESSWIRE / August 25, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

GEO Shareholders Click Here: https://www.zlk.com/pslra-1/the-geo-group-inc-loss-submission-form?prid=8809&wire=1
AYX Shareholders Click Here: https://www.zlk.com/pslra-1/alteryx-inc-information-request-form?prid=8809&wire=1
BIDU Shareholders Click Here: https://www.zlk.com/pslra-1/baidu-inc-information-request-form-2?prid=8809&wire=1

* ADDITIONAL INFORMATION BELOW *

The GEO Group, Inc. (NYSE:GEO)

GEO Lawsuit on behalf of: investors who purchased February 27, 2020 - June 16, 2020
Lead Plaintiff Deadline : September 8, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/the-geo-group-inc-loss-submission-form?prid=8809&wire=1

According to the filed complaint, during the class period, The GEO Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) GEO Group maintained woefully ineffective COVID-19 response procedures; (ii) those inadequate procedures subjected residents of the Company's halfway houses to significant health risks; (iii) accordingly, the Company was vulnerable to significant financial and/or reputational harm; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Alteryx, Inc. (NYSE:AYX)

AYX Lawsuit on behalf of: investors who purchased May 6, 2020 - August 6, 2020
Lead Plaintiff Deadline : October 19, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/alteryx-inc-information-request-form?prid=8809&wire=1

According to the filed complaint, during the class period, Alteryx, Inc. 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.

Baidu, Inc. (NASDAQ:BIDU)

BIDU Lawsuit on behalf of: investors who purchased April 8, 2016 - August 13, 2020
Lead Plaintiff Deadline : October 19, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/baidu-inc-information-request-form-2?prid=8809&wire=1

According to the filed complaint, during the class period, Baidu, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Baidu misrepresented the financial and business condition of iQIYI; (2) iQIYI had inadequate controls; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/603316/CLASS-ACTION-UPDATE-for-GEO-AYX-and-BIDU-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders