The Gross Law Firm Announces Class Actions on Behalf of Shareholders of SWI, TRIT and TCDA
NEW YORK, NY / ACCESSWIRE / January 21, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.
SolarWinds Corporation (NYSE:SWI)
Investors Affected: February 24, 2020 - December 15, 2020
A class action has commenced on behalf of certain shareholders in SolarWinds Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds' update server had an easily accessible password of ‘solarwinds123'; (3) consequently, SolarWinds' customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants' statements about SolarWinds's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/solarwinds-corporation-loss-submission-form/?id=12330&from=1
Triterras, Inc., f/k/a Netfin Acquisition Corp. (NASDAQ:TRIT)
Investors Affected: August 20, 2020 - December 16, 2020
A class action has commenced on behalf of certain shareholders in Triterras, Inc, f/k/a Netfin Acquisition Corp. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company's revenue growth relied on Triterras' relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company's Kratos platform; and (4) that, 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.
Shareholders may find more information at https://securitiesclasslaw.com/securities/triterras-inc-f-k-a-netfin-acquisition-corp-loss-submission-form/?id=12330&from=1
Tricida, Inc. (NASDAQ:TCDA)
Investors Affected: September 4, 2019 - October 28, 2020
A class action has commenced on behalf of certain shareholders in Tricida, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Tricida's NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/tricida-inc-loss-submission-form/?id=12330&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770
SOURCE: The Gross Law Firm
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https://www.accesswire.com/625332/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-SWI-TRIT-and-TCDA
