NEW YORK, NY / ACCESSWIRE / April 12, 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.
SIX Shareholders Click Here: https://www.zlk.com/pslra-1/six-flags-entertainment-corporation-loss-form?prid=6003&wire=1
TUFN Shareholders Click Here: https://www.zlk.com/pslra-1/tufin-software-technologies-ltd-loss-form?prid=6003&wire=1
MESA Shareholders Click Here: https://www.zlk.com/pslra-1/mesa-air-group-incorporated-loss-form?prid=6003&wire=1
* ADDITIONAL INFORMATION BELOW *
Six Flags Entertainment Corporation (SIX)
SIX Lawsuit on behalf of: investors who purchased April 25, 2018 - February 19, 2020
Lead Plaintiff Deadline : April 13, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/six-flags-entertainment-corporation-loss-form?prid=6003&wire=1
According to the filed complaint, during the class period, Six Flags Entertainment Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) Riverside Investment Group Co. Ltd. ("Riverside"), the Chinese real estate developer with which Six Flags partnered, faced far more financial distress than disclosed to investors; (2) as a result, there was a high likelihood that Riverside would default on its payment obligations to the Company; (3) the Company's international strategy, which relied predominantly on its exclusive agreements with Riverside to develop Six Flags-branded parks in China to drive revenue growth, was significantly less promising than represented to investors; and (4) as a result of the foregoing, Defendants' statements about the Company's business, operations and prospects lacked a reasonable basis.
Tufin Software Technologies Ltd. (NYSE:TUFN)
TUFN Lawsuit on behalf of: investors who purchased securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Tufin's April 2019 initial public offering
Lead Plaintiff Deadline : June 5, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/tufin-software-technologies-ltd-loss-form?prid=6003&wire=1
According to the filed complaint, (1) Tufin's customer relationships and growth metrics were overstated, particularly with respect to North America; (2) Tufin's business was deteriorating, primarily in North America; (3) as a result, Tufin's representations regarding its sustainable financial prospects were overly optimistic; and (4) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.
Mesa Air Group Incorporated (MESA)
MESA Lawsuit on behalf of: investors who purchased shares pursuant and/or traceable to the documents issued in connection with Mesa Air Group's August 2018 initial public offering.
Lead Plaintiff Deadline : June 1, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/mesa-air-group-incorporated-loss-form?prid=6003&wire=1
According to the filed complaint, (1) Mesa Air Group's operational performance was poor and below industry standards; (2) Mesa Air Group had a shortage of qualified mechanics and maintenance personnel; (3) Mesa Air Group had an inadequate number of spare aircraft and parts; (4) Mesa Air Group did not have a strong track record of reliable performance; (5) then-existing "risks" had already materialized; (6) Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the initial public offering; and (7) as a result, Defendants' public statements were materially false and 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.
SOURCE: Levi & Korsinsky, LLP
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