NEW YORK, NY / ACCESSWIRE / September 17, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
Blink Charging Company (NASDAQ:BLNK)
CONTACT JAKUBOWITZ ABOUT BLNK:https://claimyourloss.com/securities/blink-charging-company-loss-submission-form/?id=9372&from=1
Class Period: March 6, 2020 - August 19, 2020
Lead Plaintiff Deadline: October 23, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) many of Blink's charging stations are damaged, neglected, non-functional, inaccessible, nor non-accessible; (ii) Blink's purported partnerships and expansions with other companies were overstated; (iii) the purported growth of the Company's network has been overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Fastly, Inc. (NYSE:FSLY)
CONTACT JAKUBOWITZ ABOUT FSLY:https://claimyourloss.com/securities/fastly-inc-loss-submission-form/?id=9372&from=1
Class Period: May 6, 2020 - August 5, 2020
Lead Plaintiff Deadline: October 26, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Fastly's largest customer was ByteDance, operator of TikTok, which was known to have serious security risks and was under intense scrutiny by U.S. officials; (2) there was a material risk that Fastly's business would be adversely impacted should any adverse actions be taken against ByteDance or TikTok by the U.S. government; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Coty Inc. (NYSE:COTY)
CONTACT JAKUBOWITZ ABOUT COTY:https://claimyourloss.com/securities/coty-inc-loss-submission-form/?id=9372&from=1
Class Period: October 3, 2016 - May 28, 2020
Lead Plaintiff Deadline: November 3, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) despite being no stranger to beauty brand acquisitions, Coty did not have adequate processes and procedures in place to assess and properly value the P&G Specialty Beauty Business and Kylie Cosmetics acquisitions; (2) as a result, Coty had overpaid for the P&G Specialty Beauty Business and Kylie Cosmetics; (3) Coty did not have adequate infrastructure to smoothly integrate and support the beauty brands that it acquired from P&G, including an adequate supply chain; (4) as a result of its inadequate infrastructure, Coty was not successfully integrating the beauty brands it acquired from P&G and not delivering synergies from the acquisition; and (5) as a result of the foregoing, Coty's financial statements and Defendants' statements about Coty's business, operations, and prospects, were materially false and/or misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:JAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887SOURCE: Jakubowitz Law
View source version on accesswire.com: https://www.accesswire.com/606655/Lawsuits-Filed-Against-BLNK-FSLY-and-COTY--Jakubowitz-Law-Pursues-Shareholders-Claims