U.S. Markets open in 8 hrs 56 mins

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of COF, UBER and AZZ

NEW YORK, NY / ACCESSWIRE / November 14, 2019 / 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.

Capital One Financial Corporation (COF)

Investors Affected : February 2, 2018 - July 29, 2019

A class action has commenced on behalf of certain shareholders in Capital One Financial Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company did not maintain robust information security protections, and its protection did not shield personal information against security breaches; (2) such deficiencies heightened the Company's exposure to a cyber-attack; and (3) as a result, Capital One's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/capital-one-financial-corporation-loss-submission-form/?id=4406&from=1

Uber Technologies, Inc. (UBER)

Investors Affected : on behalf of all persons and entities other than Defendants who purchased or otherwise acquired Uber securities pursuant and/or traceable to Uber's registration statement issued in connection with Uber's May 10, 2019 initial public stock offering.

A class action has commenced on behalf of certain shareholders in Uber Technologies, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) at the time of the initial public offering, Uber was rapidly increasing subsidies for customer's rides and meals in a bid for market share, which caused the Company's sales and marketing expenses to swell; and (2) Defendants were cutting (or planned to cut) costs in key areas that undermined the Company's central growth opportunities.

Shareholders may find more information at https://securitiesclasslaw.com/securities/uber-technologies-inc-loss-submission-form/?id=4406&from=1

Azz, Inc. (AZZ)

Investors Affected : July 3, 2018 - October 8, 2019

A class action has commenced on behalf of certain shareholders in Azz, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's internal controls over financial reporting were not effective; (2) the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations; and (3) 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/azz-inc-loss-submission-form/?id=4406&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



View source version on accesswire.com:
https://www.accesswire.com/566643/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-COF-UBER-and-AZZ