NEW YORK, NY / ACCESSWIRE / May 5, 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.
World Wrestling Entertainment, Inc. (NYSE:WWE)
CONTACT JAKUBOWITZ ABOUT WWE:
https://claimyourloss.com/securities/world-wrestling-entertainment-inc-loss-submission-form/?id=6356&from=1
Class Period : February 7, 2019 - February 5, 2020
Lead Plaintiff Deadline : May 5, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: Defendants perpetrated a fraudulent scheme which: (i) deceived the investing public regarding WWE's business and prospects; (ii) artificially inflated the price of WWE Class A common stock; (iii) permitted certain senior executives of WWE to sell more than $282 million worth of their personally held shares at fraud inflated prices; and (iv) caused the public to purchase WWE Class A common stock at artificially inflated prices.
XP Inc. (NASDAQ:XP)
CONTACT JAKUBOWITZ ABOUT XP:
https://claimyourloss.com/securities/xp-inc-loss-submission-form/?id=6356&from=1
Class Period : or otherwise acquired XP's securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with XP's December 2019 initial public offering.
Lead Plaintiff Deadline : May 20, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) XP engaged in undisclosed related party transactions; (2) XP failed to disclose its common and large system failures and connected losses; (3) XP's aggressive IFA strategy was and is tenuous; (4) XP had material weaknesses; (5) XP fired its previous accounting firm due to that firm finding and disclosing material weaknesses; and (6) as a result, Defendants' public statements were materially false and misleading at all relevant times.
VMware, Inc. (NYSE:VMW)
CONTACT JAKUBOWITZ ABOUT VMW:
https://claimyourloss.com/securities/vmware-inc-loss-submission-form/?id=6356&from=1
Class Period : March 30, 2019 - February 27, 2020
Lead Plaintiff Deadline : June 1, 2020
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) VMware's reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (ii) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
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/588438/LAWSUITS-Filed-Against-WWE-XP-and-VMW--JAKUBOWITZ-LAW-Pursues-Shareholders-Claims
