NEW YORK, NY / ACCESSWIRE / December 3, 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.
Loop Industries, Inc. (NASDAQ:LOOP)
CONTACT JAKUBOWITZ ABOUT LOOP:
https://claimyourloss.com/securities/loop-industries-inc-loss-submission-form/?id=11350&from=1
Class Period : September 24, 2018 - October 12, 2020
Lead Plaintiff Deadline : December 14, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Loop scientists were encouraged to misrepresent the results of Loop’s purportedly proprietary process; (2) Loop did not have the technology to break PET down to its base chemicals at a recovery rate of 100%; (3) as a result, the Company was unlikely to realize the purported benefits of Loop’s announced partnerships with Indorama Ventures Public Company Limited and thyssenkrupp Industrial Solutions; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Raytheon Technologies Corporation (NYSE:RTX)
CONTACT JAKUBOWITZ ABOUT RTX:
https://claimyourloss.com/securities/raytheon-technologies-corporation-loss-submission-form/?id=11350&from=1
Class Period : February 10, 2016 - October 27, 2020
Lead Plaintiff Deadline : December 29, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Raytheon had inadequate disclosure controls and procedures and inadequate internal control over financial reporting; (2) Raytheon had faulty financial accounting; (3) as a result, Raytheon misreported its costs regarding Raytheon Company’s Missiles & Defense business since 2009; (4) as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government; (5) as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice; and (6) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
Pinterest, Inc. (NYSE:PINS)
CONTACT JAKUBOWITZ ABOUT PINS:
https://claimyourloss.com/securities/pinterest-inc-loss-submission-form/?id=11350&from=1
Class Period : May 16, 2019 - November 1, 2019
Lead Plaintiff Deadline : January 22, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company’s addressable market in the U.S. was reaching its maximum capacity; (ii) which significantly decelerated Pinterest’s future ability to monetize on U.S. average revenue per user; (iii) Pinterest was at an increased risk of losing advertising revenue; (iv) and as a result, Defendants’ public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
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 LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
SOURCE: Jakubowitz Law
View source version on accesswire.com:
https://www.accesswire.com/619453/LAWSUITS-FILED-AGAINST-LOOP-RTX-and-PINS--Jakubowitz-Law-Pursues-Shareholders-Claims
