Lawsuits Filed Against CYDY, DDD and CAN - Jakubowitz Law Pursues Shareholders Claims
NEW YORK, NY / ACCESSWIRE / April 19, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
CytoDyn Inc. (OTCMKT: CYDY)
CONTACT JAKUBOWITZ ABOUT CYDY:
https://claimyourloss.com/securities/cytodyn-inc-loss-submission-form/?id=14852&from=1
Class Period: March 27, 2020 - March 9, 2021
Lead Plaintiff Deadline: May 17, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: CytoDyn securities were actively traded over the counter (OTC) in the United States. While the exact number of Class members is unknown to Plaintiff at this time and can be ascertained only through appropriate discovery, Plaintiff believes that there are hundreds or thousands of members in the proposed Class. Record owners and other members of the Class may be identified from records maintained by CytoDyn or its transfer agent and/or OTC Markets and may be notified of the pendency of this action by mail, using the form of notice similar to that customarily used in securities class actions.
3D Systems Corporation (NYSE: DDD)
CONTACT JAKUBOWITZ ABOUT DDD:
https://claimyourloss.com/securities/3d-systems-corp-loss-submission-form/?id=14852&from=1
Class Period: May 6, 2020 - March 1, 2021
Lead Plaintiff Deadline: June 8, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) 3D Systems lacked proper internal controls over financial reporting; and (2) as a result, 3D Systems' public statements were materially false and/or misleading at all relevant times.
Canaan Inc. (NASDAQ: CAN)
CONTACT JAKUBOWITZ ABOUT CAN:
https://claimyourloss.com/securities/canaan-inc-loss-submission-form-2/?id=14852&from=1
Class Period: February 10, 2021 - April 9, 2021
Lead Plaintiff Deadline: June 14, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: they concealed that due to ongoing supply chain disruptions and the introduction of the Company's next-generation A12 series bitcoin mining machines - which had cannibalized sales of the older product offerings - Canaan's 4Q20 sales had declined more than 93% year-over-year compared to its fourth quarter fiscal year 2019 ("4Q19") sales and more than 93% quarter-over-quarter compared to its third quarter FY20 ("3Q20") sales.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
SOURCE: Jakubowitz Law
View source version on accesswire.com:
https://www.accesswire.com/641163/Lawsuits-Filed-Against-CYDY-DDD-and-CAN--Jakubowitz-Law-Pursues-Shareholders-Claims
