XL Fleet Corp. (NYSE: XL) Securities Fraud Class Action:
The complaint alleges that: (1) XL’s sales pipelines was materially inflated; (2) XL grossly overstated its customer base; (3) XL’s technology had been materially overstated and did not provide customers the represented cost savings; and (4) that XL lacks the supply chain and engineers to roll out new products on the announced timelines.
The truth emerged on Mar. 3, 2021, when analyst
Muddy Waters published a report calling XL “More SPAC Trash.” Based on interviews with former employees,
Muddy Waters claimed that salespeople “were pressured to inflate their sales pipelines materially,” and that “customer reorder rates are in reality quite low” due to “poor performance and regulatory issues.” The report also alleged that “at least 18 of 33 customers XL featured were inactive.”
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages SOS Investors to Contact its Attorneys Now, .
Hagens Berman Sobol Shapiro LLPApril 26, 2021 GMT
SAN FRANCISCO, April 26, 2021 (GLOBE NEWSWIRE) Hagens Berman urges SOS Limited (NYSE: SOS) investors to submit their losses now. Class Period: July 22, 2020 – Feb. 25, 2021 Lead Plaintiff Deadline: June 1, 2021
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The complaint centers on SOS’s purported entry into the bitcoin mining business. On Jan. 21, 2021, SOS claimed it purchased over 15,000 mining rigs from HY International Group New York (“HY”), and a month later, claimed that 5,000 mining rigs had gone live.
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) Investors of Imminent April 27th Deadline in Securities Class Action, Encourages Investors with Losses to Contact the Firm Now Hagens Berman Sobol Shapiro LLP Berkeley, California, UNITED STATES
SAN FRANCISCO, April 22, 2021 (GLOBE NEWSWIRE) Hagens Berman urges Infinity Q Diversified Alpha Fund
(NASDAQ: IQDAX; IQDNX) (the “Fund”) investors with significant losses to submit your losses now. A securities fraud class action with an April 27
th lead plaintiff deadline has been filed after advisor Infinity Q Capital Management admitted to mispricing the Fund’s NAV resulting in the Fund being liquidated. Contact us to discuss your potential ability to be a lead plaintiff.
Home / Top News / LDOS 2-WEEK DEADLINE ALERT: HAGENS BERMAN Reminds Investors in Leidos Holdings (LDOS) of Securities Class Action, Encourages Investors with Losses to Contact Firm
LDOS 2-WEEK DEADLINE ALERT: HAGENS BERMAN Reminds Investors in Leidos Holdings (LDOS) of Securities Class Action, Encourages Investors with Losses to Contact Firm
SAN FRANCISCO, April 19, 2021 (GLOBE NEWSWIRE) Hagens Berman urges Leidos Holdings, Inc.
(NYSE: LDOS) investors to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims.
Class Period: May 4, 2020 – Feb. 23, 2021
Lead Plaintiff Deadline: May 3, 2021
Visit: www.hbsslaw.com/investor-fraud/LDOS
Leidos Holdings, Inc. (LDOS) Securities Fraud Class Action: