Investors in Napco Security Technologies Inc., Illumina, Inc., Brainstorm Cell Therapeutics Inc., Nikola Corporation, Roblox Corporation, Innodata Inc., and D-Wave Quantum Inc. are reminded of upcoming deadlines to file lead plaintiff motions in class action lawsuits against the companies.
The lawsuit against Napco Security Technologies alleges that the company made false and misleading statements regarding its business, operations, and prospects, resulting in overstated inventories and a significant decline in stock price [f41b7dcf].
The lawsuit against Illumina, Inc. alleges that the defendants made false and misleading statements about the company's business and operations, potentially entitling investors to compensation [21c2e13b].
Similarly, law firm ROSEN is urging investors of Brainstorm Cell Therapeutics Inc. to seek legal counsel before a deadline in a securities class action lawsuit. The lawsuit alleges that Brainstorm Cell downplayed the severity of the FDA's refusal to file letter and concealed the risks associated with the biologics license application. When the true details were revealed, investors suffered damages. The Rosen Law Firm has a strong reputation in securities class actions and has achieved significant settlements in the past [19c2fa03]. Investors who purchased Brainstorm Cell securities during the specified period may be entitled to compensation [ab4df068].
Rosen Law Firm is also urging investors in Nikola Corporation to seek legal counsel before an important deadline in a securities class action lawsuit. The lawsuit alleges that Nikola made false and misleading statements regarding safety and structural controls related to its manufacturing of battery components, rendering its vehicles unsafe and raising the likelihood of a product recall. Investors who purchased Nikola securities between February 24, 2022, and September 7, 2023, may be entitled to compensation. Rosen Law Firm, known for its expertise in securities class actions, has achieved significant settlements and has a track record of success. The firm encourages investors to choose qualified counsel with experience in leadership roles [2b7dd256].
Rosen Law Firm has also filed a class action lawsuit on behalf of purchasers of Roblox Corporation's Class A common stock between March 10, 2021, and February 15, 2022. The lawsuit alleges that Roblox made false and misleading statements regarding the content controls and user spending restrictions on its platform, leading to inappropriate content and unauthorized purchases by younger users. The lawsuit claims that Roblox's bookings and revenue growth were unsustainable. Investors who purchased Roblox stock during the class period may be entitled to compensation. The Rosen Law Firm encourages investors to select qualified counsel with a track record of success in leadership roles [954d11e8].
Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Innodata Inc. in the United States District Court for the District of New Jersey. The lawsuit alleges that Innodata misrepresented the nature and extent of its business and operations. It was revealed that the company's AI technology was rudimentary software developed by a few employees, and its operations were powered by low-wage offshore workers instead of proprietary AI technology. Innodata also stopped disclosing its Research and Development spend after the first quarter of 2021. Following the publication of a report by Wolfpack Research, the price of Innodata common stock declined by $3.74 per share, or approximately 30.5%, on February 15, 2024. Investors have until April 22, 2024, to apply to the Court to be appointed as lead plaintiff in the lawsuit [b101e18b].
The Rosen Law Firm is investigating potential securities claims against D-Wave Quantum Inc. due to the company's announcement that past financial statements from 2020 to 2023 are unreliable. This disclosure has caused an 8% drop in the company's stock. The firm is preparing a class action lawsuit to help shareholders recover their losses. The Rosen Law Firm is offering a no up-front fee arrangement for investors who wish to join the lawsuit. Joining the class action may enable shareholders to claim restitution for financial damages and hold D-Wave accountable for any misconduct. Investors can get in touch with The Rosen Law Firm through the communication channels provided [b15b30d5].
Investors who wish to participate in these class action lawsuits can contact the respective law firms for more information [f41b7dcf] [21c2e13b] [ab4df068] [2b7dd256] [954d11e8] [b101e18b] [b15b30d5].