U.S. Markets close in 1 hr 59 mins
  • S&P 500

    4,151.89
    -36.54 (-0.87%)
     
  • Dow 30

    34,273.38
    -469.44 (-1.35%)
     
  • Nasdaq

    13,384.07
    -17.79 (-0.13%)
     
  • Russell 2000

    2,211.21
    -1.49 (-0.07%)
     
  • Crude Oil

    65.41
    +0.49 (+0.75%)
     
  • Gold

    1,835.60
    -2.00 (-0.11%)
     
  • Silver

    27.55
    +0.07 (+0.24%)
     
  • EUR/USD

    1.2161
    +0.0027 (+0.2189%)
     
  • 10-Yr Bond

    1.6240
    +0.0220 (+1.37%)
     
  • Vix

    21.19
    +1.53 (+7.78%)
     
  • GBP/USD

    1.4162
    +0.0041 (+0.2889%)
     
  • USD/JPY

    108.6150
    -0.2260 (-0.2076%)
     
  • BTC-USD

    56,415.36
    -618.27 (-1.08%)
     
  • CMC Crypto 200

    1,506.96
    +1,264.28 (+520.97%)
     
  • FTSE 100

    6,947.99
    -175.69 (-2.47%)
     
  • Nikkei 225

    28,608.59
    -909.71 (-3.08%)
     

LAWSUITS FILED AGAINST XP, GRPN and CONN - JAKUBOWITZ LAW PURSUES SHAREHOLDERS CLAIMS

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

NEW YORK, NY / ACCESSWIRE / May 20, 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=6726&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.

Groupon, Inc. (GRPN)

CONTACT JAKUBOWITZ ABOUT GRPN:
https://claimyourloss.com/securities/groupon-inc-loss-submission-form/?id=6726&from=1

Class Period : November 4, 2019 - February 18, 2020

Lead Plaintiff Deadline : June 29, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) 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.

Conn's, Inc. (CONN)

CONTACT JAKUBOWITZ ABOUT CONN:
https://claimyourloss.com/securities/conns-inc-loss-submission-form/?id=6726&from=1

Class Period : September 3, 2019 - December 9, 2019

Lead Plaintiff Deadline : July 14, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Conn’s was experiencing an increase in first payment defaults and 60-plus day delinquencies; (2) as a result, Conn’s was reasonably likely to record an increase to its provision for bad debts; (3) the Company made certain underwriting adjustments, including tightening its standards for new customers and online applicants; (4) as a result, the Company’s same-store sales would be adversely impacted; and (5) 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/590692/LAWSUITS-FILED-AGAINST-XP-GRPN-and-CONN--JAKUBOWITZ-LAW-PURSUES-SHAREHOLDERS-CLAIMS