LAWSUITS FILED AGAINST FUBO, HSACW and RIDE - Jakubowitz Law Pursues Shareholders Claims

NEW YORK, NY / ACCESSWIRE / April 4, 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.

fuboTV Inc. (NYSE:FUBO)

CONTACT JAKUBOWITZ ABOUT FUBO:
https://claimyourloss.com/securities/fubotv-inc-loss-submission-form/?id=14352&from=1

Class Period : March 23, 2020 - January 4, 2021

Lead Plaintiff Deadline : April 19, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (ii) Fubo offering of products was subject to undisclosed cost escalations; (iii) Fubo could not successfully compete and perform as sports book operator and could not capitalize on its only sports wagering opportunity; (iv) Fubo's data and inventory was not differentiated to allow Fubo to achieve long-term advertising growth goals and forecasts; (v) Fubo's valuation was overstated in light of its total revenue and subscription levels; (vi) the acquisition of Balto Sport did not provide the stated synergies, internal expertise, and did not expand the Company's addressable market into online sports wagering; and as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Immunovant, Inc. f/k/a Health Sciences Acquisitions Corporation (NASDAQ:HSACW)

CONTACT JAKUBOWITZ ABOUT HSACW:
https://claimyourloss.com/securities/immunovant-inc-f-k-a-health-sciences-acquisitions-corporation-loss-submission-form/?id=14352&from=1

Class Period : October 2, 2019 - February 1, 2021

Lead Plaintiff Deadline : April 20, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) HSAC had performed inadequate due diligence into Legacy Immunovant prior to the Merger, and/or ignored or failed to disclose safety issues associated with IMVT-1401; (ii) IMVT-1401 was less safe than the Company had led investors to believe, particularly with respect to treating TED and WAIHA; (iii) the foregoing foreseeably diminished IMVT-1401's prospects for regulatory approval, commercial viability, and profitability; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Lordstown Motors Corp (NASDAQ:RIDE)

CONTACT JAKUBOWITZ ABOUT RIDE:
https://claimyourloss.com/securities/lordstown-motors-corp-loss-submission-form/?id=14352&from=1

Class Period : August 3, 2020 - March 24, 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: (i) the Company's purported pre-orders were non-binding; (ii) many of the would-be customers who made these purported pre-orders lacked the means to make such purchases and/or would not have credible demand for Lordstown's Endurance; (iii) Lordstown is not and has not been "on track" to commence production of the Endurance in September 2021; (iv) the first test run of the Endurance led to the vehicle bursting into flames within 10 minutes; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

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/638910/LAWSUITS-FILED-AGAINST-FUBO-HSACW-and-RIDE--Jakubowitz-Law-Pursues-Shareholders-Claims