NEW YORK, NY / ACCESSWIRE / October 9, 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.
Sundial Growers Inc. (NASDAQ:SNDL)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/sundial-growers-inc-loss-submission-form?prid=3883&wire=1
Lead Plaintiff Deadline: November 25, 2019
Class Period: pursuant and/or traceable to the registration statement issued in connection with Sundial's August 1, 2019 initial public stock offering.
Allegations against SNDL include that: (1) Sundial failed to supply saleable cannabis in line with contractual obligations to Zenabis Global Inc.; (2) due to material quality issues, Zenabis had to return or reject a total of 554 kg of cannabis to Sundial, valued at approximately U.S. $1.9 million (C$2.5 million); and (3) as a result, defendants' statements about Sundial's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Dropbox, Inc. (NASDAQGS:DBX)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/dropbox-inc-loss-submission-form?prid=3883&wire=1
Lead Plaintiff Deadline: December 3, 2019
Class Period: on behalf of all persons who purchased Dropbox Class A common stock pursuant or traceable to the registration statement issued in connection with the Company's March 23, 2018 initial public offering.
Allegations against DBX include that: (1) Dropbox had materially overstated its ability to monetize its user base; (2) Dropbox was facing worsening revenue trends, which were negatively impacting the Company at the time of the initial public offering ("IPO"); (3) Dropbox was tracking below its internal revenue and monetization targets at the time of the IPO; and (4) as a result, defendants' statements about Dropbox's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Ollies Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/ollies-bargain-outlet-holdings-inc-loss-submission-form?prid=3883&wire=1
Lead Plaintiff Deadline: November 18, 2019
Class Period: June 6, 2019 to August 28, 2019
Allegations against OLLI include that: (1) the Company suffered a supply chain issue that impacted the initial inventory available at new stores; (2) as a result, the Company lacked sufficient inventory to meet demand at certain store locations; (3) as a result, the Company's comparable store sales were likely to decrease quarter-over-quarter; 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
View source version on accesswire.com: