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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of OTRK, KDMN and GOEV

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NEW YORK, NY / ACCESSWIRE / April 29, 2021 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Ontrak, Inc. (NASDAQ:OTRK)
Class Period: November 5, 2020 - February 26, 2021
Lead Plaintiff Deadline: May 3, 2021

During the class period, Ontrak, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Ontrak's largest customer evaluated the Company on a provider basis, valuing Ontrak's performance based on achieving the lowest cost per medical visit rather than clinical outcomes or medical cost savings; (2) as a result, Ontrak's largest customer did not find the Company's program to be effective and was reasonably likely to terminate its contract with Ontrak; (3) because this customer accounted for a significant portion of the Company's revenue, the loss of the customer would have an outsized impact on Ontrak's financial results; 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.

Learn about your recoverable losses in OTRK: http://www.kleinstocklaw.com/pslra-1/ontrak-inc-loss-submission-form?id=15309&from=1

Kadmon Holdings, Inc. (NASDAQ:KDMN)
Class Period: October 1, 2020 - March 10, 2021
Lead Plaintiff Deadline: June 2, 2021

The KDMN lawsuit alleges that throughout the class period, Kadmon Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Belumosudil NDA was incomplete and/or deficient; (ii) the additional new data that the Company submitted in support of the Belumosudil NDA in response to an information request from the FDA materially altered the NDA submission; (iii) accordingly, the initial Belumosudil NDA submission lacked the degree of support that the Company had led investors to believe; (iv) accordingly, the FDA was likely to extend the PDUFA target action date to review the Belumosudil NDA; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in KDMN: http://www.kleinstocklaw.com/pslra-1/kadmon-holdings-inc-loss-submission-form?id=15309&from=1

Canoo Inc. (NASDAQ:GOEV)
Class Period: August 18, 2020 - March 29, 2021
Lead Plaintiff Deadline: June 1, 2021

Throughout the class period, Canoo Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in GOEV: http://www.kleinstocklaw.com/pslra-1/canoo-inc-loss-submission-form?id=15309&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



View source version on accesswire.com:
https://www.accesswire.com/643396/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-OTRK-KDMN-and-GOEV