NEW YORK, May 20, 2019 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.
Lyft, Inc. (LYFT)
Class Period: pursuant or traceable to the Company's
Offering and Registration Statement issued in relation to the March
28, 2019 IPO
Lead Plaintiff Deadline: July 16, 2019
Join the action: https://www.zlk.com/pslra-1/lyft-inc-loss-form?wire=3
According to the lawsuit, Lyft’s Offering materials issued in connection with its IPO failed to disclose that: (1) Lyft’s claimed ridesharing position was overstated; (2) more than 1,000 of the bicycles in Lyft’s rideshare program suffered from safety issues that would lead to their recall; (3) Lyft’s drivers were becoming disincentivized from driving for Lyft; (4) Lyft failed to warn investors that a labor disruption could affect its operations; and (5) as a result, Lyft’s public statements were materially false and misleading at all relevant times.
To learn more about the Lyft,
Inc. class action contact [email protected].
Indivior PLC (INVVY)
Class Period: March 10, 2015 - April 9, 2019
Lead Plaintiff Deadline: June 24, 2019
Join the action: https://www.zlk.com/pslra-1/indivior-plc-loss-form?wire=3
Allegations: Indivior PLC made materially false and/or misleading statements and/or failed to disclose that: (1) Indivior and its executives engaged in an illicit nationwide scheme to increase prescriptions of Suboxone Film; (2) Indivior illegally obtained billions of dollars in revenue from Suboxone Film prescriptions by deceiving health care providers and health care benefit programs; (3) as a result of the aforementioned misconduct, Indivior would face felony charges; and (4) due to the foregoing, 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 about the Indivior
PLC class action contact [email protected].
KushCo Holdings, Inc. (KSHB)
Class Period: July 13, 2017 - April 9, 2019
Lead Plaintiff Deadline: July 1, 2019
Join the action: https://www.zlk.com/pslra-1/kushco-holdings-inc-loss-form?wire=3
Allegations: KushCo Holdings, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (i) KushCo made material accounting errors in connection with its acquisitions of CMP Wellness, Summit, and Hybrid; (ii) as a result, KushCo’s previously issued financial statements as of and for the fiscal years ended August 31, 2018 and August 31, 2017, included in the Company’s Annual Reports on Form 10-K for such periods, and financial statements as of and for the quarterly periods ended May 31, 2017, November 30, 2017, February 28, 2018, May 31, 2018 and November 30, 2018, included in the Company’s Quarterly Reports on Form 10-Q for such periods, could not be relied upon; (iii) KushCo’s net loss for the fiscal year ended August 31, 2018, was more than twice as high than previously reported; (iv) KushCo and its management’s assurances that its financial statements for those fiscal years and periods were accurate and fairly reported could not be relied upon; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
To learn more about the KushCo Holdings,
Inc. class action contact [email protected].
You have until the lead plaintiff deadlines to
request the court appoint you as lead plaintiff. Your ability to
share in any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with
offices in New York, California, Connecticut, and Washington D.C.
The firm’s attorneys have extensive expertise and experience
representing investors in securities litigation and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com