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SHAREHOLDER ALERT: CLSK EBIX VLDR: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

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·3 min read
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NEW YORK, NY / ACCESSWIRE / March 3, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Cleanspark, Inc. (NASDAQ:CLSK)

If you suffered a loss, contact us at:http://www.wongesq.com/pslra-1/cleanspark-inc-loss-submission-form?prid=13298&wire=1
Lead Plaintiff Deadline: March 22, 2021
Class Period: December 31, 2020 - January 14, 2021

Allegations against CLSK include that: (1) that the Company had overstated its customer and contract figures; (2) that several of the Company's recent acquisitions involved undisclosed related party transactions; and (3) that, 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.

Ebix, Inc. (NASDAQ:EBIX)

If you suffered a loss, contact us at:http://www.wongesq.com/pslra-1/ebix-inc-loss-submission-form?prid=13298&wire=1
Lead Plaintiff Deadline: April 23, 2021
Class Period: November 9, 2020 - February 19, 2021

Allegations against EBIX include that: (1) that there was insufficient audit evidence to determine the business purpose of certain significant unusual transactions in Ebix's gift card business in India during the fourth quarter of 2020; (2) that there was a material weakness in Company's internal controls over the gift or prepaid revenue transaction cycle; and (3) that the Company's independent auditor was reasonably likely to resign over disagreements with Ebix regarding $30 million that had been transferred into a commingled trust account of Ebix's outside legal counsel; and (4) that, 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.

Velodyne Lidar, Inc. (NASDAQ:VLDR)

If you suffered a loss, contact us at:http://www.wongesq.com/pslra-1/velodyne-lidar-inc-loss-submission-form?prid=13298&wire=1
Lead Plaintiff Deadline: May 3, 2021
Class Period: November 9, 2020 - February 19, 2021

Allegations against VLDR include 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.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong



View source version on accesswire.com:
https://www.accesswire.com/633398/SHAREHOLDER-ALERT-CLSK-EBIX-VLDR-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines