ROOT, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Ohio against Root, Inc.
you may, no later than May 18, 2021, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of Root, Inc. On October 5, 2020, Root filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) in connection with the IPO, which, after several amendments, was declared effective on October 27, 2020 (the "Registration Statement"). On October 28, 2020, Root's underwriters conducted the IPO, selling 26.8 million shares of the Company's Class A common stoc...