NEW YORK, NY / ACCESSWIRE / November 19, 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.
Aurora Cannabis Inc. (NYSE:ACB)
CONTACT JAKUBOWITZ ABOUT ACB:https://claimyourloss.com/securities/aurora-cannabis-inc-loss-submission-form/?id=11069&from=1
Class Period : February 13, 2020 - September 4, 2020
Lead Plaintiff Deadline : December 1, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Aurora had significantly overpaid for previous acquisitions and experienced degradation in certain assets, including its production facilities and inventory; (ii) the Company's purported “business transformation plan” and cost reset failed to mitigate the foregoing issues; (iii) accordingly, it was foreseeable that the Company would record significant goodwill and asset impairment charges; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Royal Caribbean Cruises Ltd. (NYSE:RCL)
CONTACT JAKUBOWITZ ABOUT RCL:https://claimyourloss.com/securities/royal-caribbean-cruises-ltd-loss-submission-form/?id=11069&from=1
Class Period : February 4, 2020 - March 17, 2020
Lead Plaintiff Deadline : December 7, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Royal Caribbean misled investors to believe that any issue related to COVID-19 was relatively insignificant; (2) the Company falsely assured investors that bookings outside China were strong with no signs of a slowdown; (3) the Company was experiencing material declines in bookings globally due to customer concerns over COVID-19; and (5) the Company's ships were following grossly inadequate protocols that would foster the spread of COVID-19 and pose a substantial risk to passengers and crews.
First American Financial Corp. (NYSE:FAF)
CONTACT JAKUBOWITZ ABOUT FAF:https://claimyourloss.com/securities/first-american-financial-corp-loss-submission-form/?id=11069&from=1
Class Period : February 17, 2017 - October 22, 2020
Lead Plaintiff Deadline : December 24, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to implement basic security standards to protect its customers' sensitive personal information and data; (2) the Company faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, Defendants' public statements were materially false and 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) 537-5887
SOURCE: Jakubowitz Law
View source version on accesswire.com: https://www.accesswire.com/617567/Lawsuits-Filed-Against-ACB-RCL-and-FAF--Jakubowitz-Law-Pursues-Shareholders-Claims