NEW YORK, NY / ACCESSWIRE / March 26, 2021 / Jakubowitz Law announces that class actions for securities fraud have been initiated on behalf of shareholders of the following publicly traded companies that have purchased shares within the class periods listed below. Shareholders interested in representing the injured shareholder class have until the lead claimant’s deadline to file a lawsuit. Your ability to participate in any recovery does not require you to act as the primary claimant. For more details and to speak to our office free of charge or obligation, follow the links below.
Ehang Holdings Limited (NASDAQ: EH)
CONTACT JAKUBOWITZ ABOUT EH:
https://claimyourloss.com/securities/ehang-holdings-limited-loss-submission-form/?id=14169&from=1
Class Period: December 12, 2019 – February 16, 2021
Lead Claimant’s Deadline : April 19, 2021
The complaint submitted alleges that the defendants made materially false and / or misleading statements and / or did not disclose that: (i) the Company’s alleged regulatory approvals in Europe and North America for its EH216 were for use as a drone, and not to transport passengers; (ii) your relationship with your alleged primary customer is a scam; (iii) EHang has charged only a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (iv) the Company’s manufacturing facilities were practically empty and did not show evidence of advanced manufacturing equipment or employees; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
fuboTV Inc. (NYSE: FUBO)
CONTACT JAKUBOWITZ ABOUT FUBE:
https://claimyourloss.com/securities/fubotv-inc-loss-submission-form/?id=14169&from=1
Class Period: March 23, 2020 – January 4, 2021
Lead Claimant’s Deadline : April 19, 2021
The complaint submitted alleges that the defendants made statements that were materially false and / or misleading and / or did not disclose that: (ii) Fubo’s product offering was subject to undisclosed cost increases; (iii) Fubo could not compete and successfully operate as a sports betting operator and could not capitalize on its only sports betting opportunity; (iv) Fubo’s data and inventory were not differentiated to allow Fubo to achieve long-term advertising growth goals and forecasts; (v) Fubo’s assessment was exaggerated in light of its total revenue and subscription levels; (vi) the acquisition of Balto Sport did not provide the declared synergies, internal expertise and did not expand the Company’s addressable market for online sports betting; and, as a result, the Defendants’ public statements were materially false and / or misleading at all relevant times.
Velodyne Lidar, Inc. (NASDAQ: VLDR)
CONTACT JAKUBOWITZ ABOUT VLDR:
https://claimyourloss.com/securities/velodyne-lidar-inc-loss-submission-form/?id=14169&from=1
Class Period: July 2, 2020 – March 17, 2021
Lead Claimant’s Deadline : May 3, 2021
The registered complaint alleges that the defendants made materially false and / or misleading statements and / or did not disclose that: (1) some of Velodyne’s directors did not act with respect, honesty, integrity and frankness in their dealings with Company directors and officers ; (2) the Company was investigating the previous matters; and (3) as a result of the foregoing, the Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and / or lacked a reasonable basis.
The Jakubowitz Act is vigorous in seeking justice for shareholders who have been victims of securities fraud. Lawyer advertisement. Previous results do not guarantee similar results.
CONTACT:
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SOURCE: Jakubowitz Law
See the source version at accesswire.com:
https://www.accesswire.com/637683/LAWSUITS-FILED-AGAINST-EH-FUBO-and-VLDR–Jakubowitz-Law-Pursues-Shareholders-Claims