NEW YORK, NY / ACCESSWIRE / December 26, 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.
Uniti Group Inc. (UNIT)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/uniti-group-inc-loss-submission-form?prid=5055&wire=1
Lead Plaintiff Deadline: December 30, 2019
Class Period: April 20, 2015 to February 15, 2019
Allegations against UNIT include that: (i) Uniti's financial results were not sustainable because its customer Windstream had defaulted on its unsecured notes; and (ii) as a result of the foregoing, Defendants' statements about Uniti's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Baxter International Inc. (BAX)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/baxter-international-inc-loss-submission-form?prid=5055&wire=1
Lead Plaintiff Deadline: January 24, 2020
Class Period: February 21, 2019 to October 23, 2019
Allegations against BAX include that: (1) certain intra-Company transactions, undertaken for the purpose of generating foreign exchange gains and losses, used foreign exchange rate conventions that were not in accordance with GAAP and enabled intra-Company transactions to be undertaken after the related exchange rates were already known; (2) the Company lacked effective internal control over financial reporting; (3) as a result, the Company's financial statements were misstated and would likely require correction or amendment; (4) due to the Company's internal investigation, Baxter would not be able to file its quarterly report for the period ending September 30, 2019, with the SEC on Form 10-Q in a timely manner; and (5) as a result of the foregoing, Defendants' statements about the Company's business and operations lacked a reasonable basis.
Yunji Inc. (YJ)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/yunji-inc-loss-submission-form?prid=5055&wire=1
Lead Plaintiff Deadline: January 13, 2020
Class Period: on behalf of shareholders who purchased or otherwise acquired Yunji American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's May 2019 initial public offering.
Allegations against YJ include that: (1) the Company was shifting certain of its sales to its marketplace platform; (2) this supply chain restructuring was likely to disrupt Yunji's relationships with suppliers; (3) this supply chain restructuring was likely to have an adverse impact on the Company's financial results; 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.
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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