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Lawsuits Filed Against FUBO, UAVS and VLDR - Jakubowitz Law Pursues Shareholders Claims

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·3 min read
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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.

fuboTV Inc. (NYSE: FUBO)

CONTACT JAKUBOWITZ ABOUT FUBO:
https://claimyourloss.com/securities/fubotv-inc-loss-submission-form/?id=14832&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.

AgEagle Aerial Systems, Inc. (NYSE: UAVS)

CONTACT JAKUBOWITZ ABOUT UAVS:
https://claimyourloss.com/securities/ageagle-aerial-systems-inc-loss-submission-form/?id=14832&from=1

Class Period: September 3, 2019 - February 18, 2021

Lead Plaintiff Deadline: April 27, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon; (2) rather than correct the public's understanding about a partnership with Amazon, Defendants were actively contributing to the rumor that AgEagle had a partnership with Amazon; and (3) as a result, Defendants' statements about AgEagle's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Velodyne Lidar, Inc. (NASDAQ: VLDR)

CONTACT JAKUBOWITZ ABOUT VLDR:
https://claimyourloss.com/securities/velodyne-lidar-inc-loss-submission-form/?id=14832&from=1

Class Period: July 2, 2020 - March 17, 2021

Lead Plaintiff Deadline: May 3, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) certain of Velodyne's directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company's officers and directors; (2) the Company was investigating the foregoing matters; 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.

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/641078/Lawsuits-Filed-Against-FUBO-UAVS-and-VLDR--Jakubowitz-Law-Pursues-Shareholders-Claims