NEW YORK, June 20, 2019 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of 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.
Equity Bancshares, Inc. (EQBK)
Class Period: May 11, 2018 to April 22, 2019
Lead Plaintiff Deadline: July 12, 2019
Throughout the class period, Equity Bancshares, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate internal controls to assess credit risk; (2) as a result, certain of the Companyâs loans posed an increased risk of loss; (3) as a result, the Company was reasonably likely to incur significant losses for certain substandard loans; and (4) as a result of the foregoing, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Get additional information about the
EQBK lawsuit: http://www.kleinstocklaw.com/pslra-1/equity-bancshares-inc-loss-submission-form?wire=3
Cloudera, Inc. (CLDR)
Class Period: April 28, 2017 to June 5, 2019
Lead Plaintiff Deadline: August 6, 2019
According to the complaint, Cloudera, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Cloudera was finding it increasingly difficult to identify large enterprises interested in adopting the Companyâs Hadoop-based platform; (ii) Cloudera needed to expend an increasing amount of capital on sales and marketing activities to generate new revenues, even as new revenue opportunities were diminishing; and (iii) Cloudera had materially diminished sales opportunities and prospects and could not generate annual positive cash flows.
Get additional information about the
CLDR lawsuit: http://www.kleinstocklaw.com/pslra-1/cloudera-inc-loss-submission-form?wire=3
Pyxus International, Inc. (PYX)
Class Period: on behalf of stockholders who purchased Pyxus (f/k/a
Alliance One International, Inc. (AOI)) securities between June 7,
2018 and November 8, 2018, inclusive.
Lead Plaintiff Deadline: August 6, 2019
The lawsuit alleges that Pyxus International, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing longer shipping cycles; (2) as a result, the Companyâs financial results would be materially affected; (3) the Company lacked adequate internal control over financial reporting; (4) the Companyâs accounting policies were reasonably likely to lead to regulatory scrutiny; and (5) as a result of the foregoing, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Get additional information about the
PYX lawsuit: http://www.kleinstocklaw.com/pslra-1/pyxus-international-inc-f-k-a-alliance-one-international-inc-loss-submission-form?wire=3
Zuora, Inc. (ZUO)
Class Period: April 12, 2018 to May 30, 2019
Lead Plaintiff Deadline: August 13, 2019
The lawsuit alleges that throughout the class period, Zuora, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company would focus on implementing RevPro for new customers ahead of the deadline to comply with accounting standard ASC 606; (2) as a result, the Company lacked adequate resources to integrate RevPro with the core business; (3) the Company would focus on RevPro integration a year after the acquisition closed; (4) delays in integrating RevPro would materially impact the business; (5) the market for RevPro was limited to customers seeking to implement new accounting standards such as ASC 606; (6) after the deadline for ASC 606 compliance passed, demand for RevPro was reasonably likely to decline; and (7) as a result of the foregoing, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Get additional information about the
ZUO lawsuit: http://www.kleinstocklaw.com/pslra-1/zuora-inc-loss-submission-form?wire=3
Your ability to share in any recovery doesnât require that you serve as a lead plaintiff. There is no cost or obligation to you. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com