NEW YORK, NY / ACCESSWIRE / December 31, 2019 / 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.
Green Dot Corporation (GDOT)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/green-dot-corporation-loss-submission-form?prid=5121&wire=1
Lead Plaintiff Deadline: February 17, 2020
Class Period: May 9, 2018 to November 7, 2019
Allegations against GDOT include that: (1) Green Dot's strategy to attract "high-value" long-term customers was at the expense of "one and done" customers; (2) Green Dot's "one and done" customers represented a significant source of revenues in its legacy segment; (3) consequently, Green Dot's strategy was self-sabotaging; and (4) as a result of the foregoing, Defendants' statements about its business and operations were materially false and misleading at all relevant times.
UP Fintech Holding Limited (TIGR)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/up-fintech-holding-limited-loss-submission-form?prid=5121&wire=1
Lead Plaintiff Deadline: January 6, 2020
Class Period: all persons and entities that purchased or otherwise acquired: (a) Fintech American Depository Shares pursuant and/or traceable to the Company's initial public offering conducted on or about March 20, 2019; or (b) Fintech securities between March 20, 2019 and May 16, 2019.
Allegations against TIGR include that: (i) Fintech was experiencing a material decrease in commissions because of a negative trend related to risk-averse investors in the market; (ii) Fintech was unable to absorb costs associated with the rapid growth of its business and its status as a publicly listed company on a U.S. exchange; (iii) Fintech was incurring significant additional expenses related to, inter alia, employee headcount and employee compensation and benefits; (iv) all of the foregoing had led to Fintech significantly increasing operating costs and expenses; and (v) as a result, the documents filed by the Company in connection with the initial public offering were materially false and/or misleading and failed to state information required to be stated therein, and the Company's Class Period statements were likewise materially false and/or misleading.
Canopy Growth Corporation (CGC)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/canopy-growth-corporation-loss-submission-form?prid=5121&wire=1
Lead Plaintiff Deadline: January 21, 2020
Class Period: June 21, 2019 to November 13, 2019
Allegations against CGC include that: (1) the Company was experiencing weak demand for its softgel and oil products; (2) as a result, the Company would be forced to take a CA$32.7 million restructuring charge due to poor sales, excessive returns, and excess inventory; and (3) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
To learn more contact Vincent Wong, Esq. either via email email@example.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.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
SOURCE: The Law Offices of Vincent Wong
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