NEW YORK, NY / ACCESSWIRE / December 29, 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.
The RealReal, Inc. (REAL)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/the-realreal-inc-loss-submission-form?prid=5082&wire=1
Lead Plaintiff Deadline: January 24, 2020
Class Period: all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company's registration statement issued in connection with the Company's June 27, 2019 initial public offering.
Allegations against REAL include that: (1) the Company's employees received little training on how to spot fake items; (2) the Company's strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through Company's authentication process was higher than disclosed; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Resideo Technologies, Inc. (REZI)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/resideo-technologies-inc-loss-submission-form?prid=5082&wire=1
Lead Plaintiff Deadline: January 7, 2020
Class Period: October 29, 2018 to October 22, 2019
Allegations against REZI include that: (a) the negative operational effects of the Company's spin-off from Honeywell International Inc. were more substantial and persistent than disclosed and had negatively affected Resideo's product sales, supply chain, and gross margins, putting the Company's FY19 financial forecasts at risk; and (b) as a result of the foregoing, the Company's financial guidance lacked a reasonable basis and the Company was not on track to make its FY19 guidance as claimed.
Aurora Cannabis Inc. (ACB)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/aurora-cannabis-inc-loss-submission-form?prid=5082&wire=1
Lead Plaintiff Deadline: January 21, 2020
Class Period: September 11, 2019 to November 14, 2019
Allegations against ACB include that: (1) as opposed to the Company's representations, Aurora's revenue would decline in its first quarter of fiscal 2020 ended September 30, 2019; (2) the Company would halt construction on its Aurora Nordic 2 and Aurora Sun facilities; 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 firstname.lastname@example.org 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
View source version on accesswire.com: