NEW YORK, NY / ACCESSWIRE / December 30, 2020 / 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.
Interface, Inc. (NASDAQ:TILE)
Class Period: March 2, 2018 - September 28, 2020
Lead Plaintiff Deadline: January 11, 2021
According to the complaint, Interface, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Interface had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) consequently, Interface, inter alia, reported artificially inflated income and earnings per share (“EPS”) in 2015 and 2016; (iii) Interface and certain of its employees were under investigation by the SEC with respect to the foregoing issues since at least as early as November 2017, had impeded the SEC's investigation, and downplayed the true scope of the Company's wrongdoing and liability with respect to the SEC investigation; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in TILE: http://www.kleinstocklaw.com/pslra-1/interface-inc-loss-submission-form?id=11873&from=1
Alibaba Group Holding Limited (NYSE:BABA)
Class Period: July 20, 2020 - November 3, 2020
Lead Plaintiff Deadline: January 12, 2021
The BABA lawsuit alleges Alibaba Group Holding Limited made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), a financial technology company in which Alibaba owns a 33% equity interest, did not meet listing qualifications or disclosure requirements for certain material matters; (2) certain impending changes in the Fintech regulatory environment would impact Ant Group's business; (3) as a result of the foregoing, Ant Group's initial public offering was reasonably likely to be suspended; 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 BABA: http://www.kleinstocklaw.com/pslra-1/alibaba-group-holding-limited-loss-submission-form?id=11873&from=1
CD Projekt S.A. (OTC PINK:OTGLY)
Class Period: January 16, 2020 - December 17, 2020
Lead Plaintiff Deadline: February 22, 2021
Throughout the class period, CD Projekt S.A. allegedly made materially false and/or misleading statements and/or failed to disclose that: Throughout the class period, defendants were materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company's business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Learn about your recoverable losses in OTGLY: http://www.kleinstocklaw.com/pslra-1/cd-projekt-s-a-loss-submission-form?id=11873&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.
SOURCE: The Klein Law Firm
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