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LAWSUITS FILED AGAINST XP, EHTH and SERV - Jakubowitz Law Pursues Shareholders Claims

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NEW YORK, NY / ACCESSWIRE / May 15, 2020 / 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.

XP Inc. (XP)

CONTACT JAKUBOWITZ ABOUT XP:
https://claimyourloss.com/securities/xp-inc-loss-submission-form/?id=6614&from=1

The XP lawsuit is on behalf of shareholders who purchased or otherwise acquired XP's securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with XP's December 2019 initial public offering.

Lead Plaintiff Deadline : May 20, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) XP engaged in undisclosed related party transactions; (2) XP failed to disclose its common and large system failures and connected losses; (3) XP's aggressive IFA strategy was and is tenuous; (4) XP had material weaknesses; (5) XP fired its previous accounting firm due to that firm finding and disclosing material weaknesses; and (6) as a result, Defendants' public statements were materially false and misleading at all relevant times.

eHealth, Inc. (EHTH)

CONTACT JAKUBOWITZ ABOUT EHTH:
https://claimyourloss.com/securities/ehealth-inc-loss-submission-form/?id=6614&from=1

Class Period : March 19, 2018 - April 7, 2020

Lead Plaintiff Deadline : June 8, 2020

The complaint alleges that eHealth, Inc. issued materially false and/or misleading information and/or failed to disclose: (1) its highly aggressive accounting and modeling assumptions; (2) its skyrocketing rate of member churn, resulting from eHealth's pursuit of low quality, lossmaking growth; (3) its reliance on direct response television advertising, which attracts an unprofitable, high churn enrollee; and (4) that as a result of the foregoing, defendants' public statements were materially false and misleading at all relevant times.

Servicemaster Global Holdings, Inc. (SERV)

CONTACT JAKUBOWITZ ABOUT SERV:
https://claimyourloss.com/securities/servicemaster-global-holdings-inc-loss-submission-form/?id=6614&from=1

Class Period : February 26, 2019 - November 4, 2019

Lead Plaintiff Deadline : June 9, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) ServiceMaster had failed to properly inspect and treat for Formosan termite activity; (b) as a result thereof, the Company was and continued to experience a material adverse trend of costly litigation from injured customers which was not disclosed to investors; (c) in an unsuccessful attempt to mitigate this trend, Defendants had been taking remedial measures since at least 2018, including drastically raising prices for termite treatments in Mobile, Alabama to deter contract renewals; and (d) as a result of the foregoing, ServiceMaster's financial results were reasonably likely to be impacted, and would continue to impact the Company into 2020.

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/590032/LAWSUITS-FILED-AGAINST-XP-EHTH-and-SERV--Jakubowitz-Law-Pursues-Shareholders-Claims