ACCESS Newswire
28 Nov 2022, 22:49 GMT+10
NEW YORK, NY / ACCESSWIRE / November 28, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
OLO Shareholders Click Here: https://www.zlk.com/pslra-1/olo-inc-loss-submission-form?prid=34096&wire=1
SQ Shareholders Click Here: https://www.zlk.com/pslra-1/block-inc-lawsuit-submission-form?prid=34096&wire=1
CMP Shareholders Click Here: https://www.zlk.com/pslra-1/compass-minerals-loss-submission-form?prid=34096&wire=1
* ADDITIONAL INFORMATION BELOW *
Olo Inc. (NYSE:OLO)
This lawsuit is on behalf of all persons and entities that purchased shares of Olo's Class A common stock between August 11, 2021 and August 11, 2022.
Lead Plaintiff Deadline : November 28, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/olo-inc-loss-submission-form?prid=34096&wire=1
According to the filed complaint, (1) Subway was ending its contract with Olo; (2) Olo's key business metric - active locations - could not continue to grow as defendants touted due to the loss of Subway's business; and (3) as a result of the above, defendants' statements about Olo's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
Block, Inc. (NYSE:SQ)
SQ Lawsuit on behalf of: investors who purchased November 4, 2021 - April 4, 2022
Lead Plaintiff Deadline : December 12, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/block-inc-lawsuit-submission-form?prid=34096&wire=1
According to the filed complaint, during the class period, Block, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate protocols restricting access to customer sensitive information; (2) as a result, a former employee was able to download certain reports of the Company's subsidiary, Cash App Investing, containing full customer names and brokerage account numbers, as well as brokerage portfolio value, brokerage portfolio holdings and/or stock trading activity; (3) as a result, the Company was reasonably likely to suffer significant damage, including reputational harm; (4) and as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Compass Minerals International, Inc. (NYSE:CMP)
This lawsuit is on behalf of all purchasers of Compass Minerals common stock between October 31, 2017 and November 18, 2018, inclusive.
Lead Plaintiff Deadline : December 20, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/compass-minerals-loss-submission-form?prid=34096&wire=1
According to the filed complaint, 1) costs at the Company's salt mine in Goderich, Ontario were increasing rather than decreasing; 2) defendants had misrepresented the amount of salt the Company was able to produce at Goderich using the new continuous mining and continuous haulage equipment; and 3) the known and ongoing production shortfalls the Company was experiencing were reasonably expected to reduce its future operating income.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE : Levi & Korsinsky, LLP
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