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LAWSUITS FILED AGAINST SOS, NEPT and KRMD - Jakubowitz Law Pursues Shareholders Claims

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NEW YORK, NY / ACCESSWIRE / May 12, 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.

SOS Limited (NYSE:SOS)

CONTACT JAKUBOWITZ ABOUT SOS:
https://claimyourloss.com/securities/sos-limited-loss-submission-form/?id=15775&from=1

Class Period : July 22, 2020 - February 25, 2021

Lead Plaintiff Deadline : June 1, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) SOS had misrepresented the true nature, location, and/or existence of at least one of the principal executive offices listed in its SEC filings; (ii) HY and FXK were either undisclosed related parties and/or entities fabricated by the Company; (iii) the Company had misrepresented the type and/or existence of the mining rigs that it claimed to have purchased; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Neptune Wellness Solutions Inc. (NASDAQ:NEPT)

CONTACT JAKUBOWITZ ABOUT NEPT:
https://claimyourloss.com/securities/neptune-wellness-solutions-inc-loss-submission-form/?id=15775&from=1

Class Period : July 24, 2019 - February 16, 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 cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (ii) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Repro Med Systems, Inc. (NASDAQ:KRMD)

CONTACT JAKUBOWITZ ABOUT KRMD:
https://claimyourloss.com/securities/repro-med-systems-inc-loss-submission-form/?id=15775&from=1

Class Period : August 4, 2020 - January 25, 2021

Lead Plaintiff Deadline : May 25, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) starting in January 2020, Repro Med Systems ramped up the use of allowances, including growth rebates, to retain key customers and to incentivize growth; (2) as the rebates accrued, the Company's net sales were reasonably likely to decline; 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/647085/LAWSUITS-FILED-AGAINST-SOS-NEPT-and-KRMD--Jakubowitz-Law-Pursues-Shareholders-Claims