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Tag: class action

Shareholder Alert: Bernstein Liebhard investigating Lizhi Inc. for violating securities laws
Business, Class Action

Shareholder Alert: Bernstein Liebhard investigating Lizhi Inc. for violating securities laws

NEW YORK, NY (STL.News) Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Lizhi Inc. (“Lizhi” or the “Company”) (NASDAQ: LIZI) resulting from allegations that Lizhi might have issued misleading information to the investing public. NOTE: this is NOT the complete release. CLICK to VIEW SOURCE and COMPLETE RELEASE Read business news at our Syndicated Partner, USBiz.Directory
Rifkin Weiner Livingston LLC sues Bank of America
Press Release

Rifkin Weiner Livingston LLC sues Bank of America

Rifkin Weiner Livingston LLC sues Bank of America for class action for prioritizing its lending clients and denying access to the PPP Program to its depository clients and other small businesses ANNAPOLIS, MD (STL.News) The lawsuit alleges at a time of severe national need, Defendants Bank of America Corporation ("Bank of America") and Bank of America, N.A. ("BNA") (collectively, "Defendants" or "BOA") instead privileged discriminatory policies of corporate greed over the needs of America's small businesses. According to the lawsuit, authorized by Congress and the President under the Coronavirus Aid, Relief, and Economic Security Act, H.R. 748 ("CARES Act") and its loan programs to administer billions of dollars in federal funding to small businesses in a fair, equitable and uniform manne...
ROSEN Law Firm Announces Filing of Securities Class Action Lawsuit Against Geron Corporation
Press Release

ROSEN Law Firm Announces Filing of Securities Class Action Lawsuit Against Geron Corporation

NEW YORK (STL.News) Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Geron Corporation (NASDAQ: GERN) between March 19, 2018 and September 26, 2018, inclusive (the "Class Period").  The lawsuit seeks to recover damages for Geron investors under the federal securities laws. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE.  YOU MAY RETAIN COUNSEL OF YOUR CHOICE.  YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.  AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF. According to the lawsuit, defendants' statements throughout the...
Johnson Fistel Announces Shareholder Class Action Against CV Sciences Survives Motion to Dismiss
Press Release

Johnson Fistel Announces Shareholder Class Action Against CV Sciences Survives Motion to Dismiss

SAN DIEGO, CA (STL.News) Johnson Fistel, LLP is investigating potential claims on behalf of CV Sciences, Inc. (Other OTC: CVSI) ("CV Sciences" or the "Company") against certain of its officers and directors. In 2018, a Securities Class Action Complaint was filed on behalf of those who purchased securities of CV Sciences, between June 19, 2017 through August 20, 2018.  Recently, the class action lawsuit survived the Defendants' attempts to have the case dismissed. According to the lawsuit, defendants during the Class Period made materially false and misleading statements and failed to disclose that: (1) CV Sciences received a non-final rejection from the U.S. Patent Trademark Office ("USPTO") on April 27, 2017, regarding its principal pharmaceutical product, CVSI-007; (2) CV Sciences rece...
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in Geron Corporation (GERN) Who Have Suffered Significant Losses to Contact its Attorneys
Press Release

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Investors in Geron Corporation (GERN) Who Have Suffered Significant Losses to Contact its Attorneys

SAN FRANCISCO, CA (STL.News) Hagens Berman urges investors in Geron Corporation (NASDAQ: GERN) who have suffered significant losses to submit their losses now to learn if they qualify to recover their investment losses.  A securities class action has been filed against the Company and certain investors may have valuable claims. Geron Corporation (GERN) Securities Class Action: The complaint alleges that Geron misled investors about the results of a clinical study of Imetelstat, the Company's core drug intended to treat certain bone marrow cancers.  According to the complaint, Geron touted its development of Imetelstat in partnership with Janssen Biotech Inc. ("Jansen"), a division of Johnson & Johnson, while allegedly concealing that Imetelstat provided minimal benefits to patients wit...
Class Action Alert: Johnson Fistel Announces class action lawsuit on behalf of shareholders of Sunlands Technology Group
Business, Class Action

Class Action Alert: Johnson Fistel Announces class action lawsuit on behalf of shareholders of Sunlands Technology Group

SAN DIEGO, CA (STL.News) - Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of shareholders of Sunlands Technology Group ("Sunlands") (NYSE: STG).  The class action is on behalf of shareholders who purchased Sunlands common stock pursuant or traceable to the March 2018 initial public stock offering (the "IPO").  If you wish to serve as lead plaintiff in this class action, you must move the Court no later than August 26, 2019. On or about March 23, 2018, Sunlands sold 13 million shares of stock in its initial public stock offering (the "IPO"), at $11.50 a share raising $149,500,000 in new capital.  The lawsuit alleges that, the Registration Statement was false and contained misleading statements and failed to disclose that: (1) S...