ACCESS Newswire
15 Aug 2022, 23:07 GMT+10
NEW YORK, NY / ACCESSWIRE / August 15, 2022 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Outset Medical, Inc. (NASDAQ:OM)
This lawsuit is on behalf of all persons or entities who purchased Outset Medical common stock between September 15, 2020, and June 13, 2022.
Lead Plaintiff Deadline: September 6, 2022
The OM lawsuit alleges that Outset Medical, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's flagship product, Tablo Hemodialysis System ('Tablo'), would require an additional 510(k) application to be filed with The United States Food and Drug Administration ('FDA'), as defendants had 'continuously made improvements and updates to Tablo over time since its original clearance' (2) as a result, the Company could not conduct a human factors study on a cleared device in accordance with FDA protocols; (3) the Company's inability to conduct the human factors study subjected the Company to the likelihood of the FDA imposing a 'shipment hold' and marketing suspension, leaving the Company unable to sell Tablo for home use; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and /or lacked a reasonable basis at all relevant times.
Learn about your recoverable losses in OM: https://www.kleinstocklaw.com/pslra-1/loss-submission-form-outset-medical-class-action?id=30858&from=1
Unity Software Inc. (NYSE:U)
Class Period: March 5, 2021 - May 10, 2022
Lead Plaintiff Deadline: September 6, 2022
The U lawsuit alleges Unity Software Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in U: https://www.kleinstocklaw.com/pslra-1/unity-software-class-action-loss-form?id=30858&from=1
Missfresh Limited (NASDAQ:MF)
This lawsuit is on behalf of persons who purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh's June 2021 initial public offering.
Lead Plaintiff Deadline: September 12, 2022
Missfresh Limited allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its registration statement
and related prospectus issued in connection with the Company's June 2021 initial public offering; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
Learn about your recoverable losses in MF: https://www.kleinstocklaw.com/pslra-1/missfresh-loss-submission-form?id=30858&from=1
Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. 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
SOURCE: The Klein Law Firm
Get a daily dose of Chicago Chronicle news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chicago Chronicle.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
(Photo credit: Patrick Gorski-Imagn Images) Yohel Pozo hit a pinch three-run homer to lift the visiting St. Louis Cardinals past...
(Photo credit: Brad Mills-Imagn Images) The Colorado Rockies have yet to win a home series this season, but they still have a chance...
(Photo credit: Peter Aiken-Imagn Images) Shohei Ohtani's ramp up toward becoming a full-fledged starting pitcher will continue Saturday...
(Photo credit: Joe Camporeale-Imagn Images) The Kansas City Royals have an opportunity to earn their first series win in Phoenix...
These July 4 protests stood in stark contrast to Trump's America 250 initiative, launched on Memorial Day in May to count down to the...
(Photo credit: Joe Camporeale-Imagn Images) Chicago White Sox shortstop prospect Colson Montgomery, promoted from Triple-A Charlotte...