RLX Technology Inc – ADR (NYSE: RLX), Home Point Capital Inc (NASDAQ: HMPT), and Rekor Systems Inc (NASDAQ: REKR) are under the legal scanner. Jakubowitz Law has filed a lawsuit against the three companies. Class action lawsuits are initiated on behalf of shareholders of the following publicly-traded companies which purchased shares within the class periods.
Allegations made against the companies
RLX Technology Inc – ADR stakeholders have stated that defendants made materially false and/or misleading statements and/or failed to disclose that: the company’s then-existing exposure to China’s ongoing campaign to establish a national standard for e-cigarettes. It is alleged that the company reported financials were not nearly as robust as the offering materials projected, nor were they indicative of future results. The complaint filed against Home Point Capital Inc and Rekor Systems Inc alleges that defendants made materially false and/or misleading statements and/or failed to disclose certain paramount information.
Multiplan Corp (NYSE: MPLN), Emergent Biosolutions Inc (NYSE: EBS), and Array Technologies Inc (NASDAQ: ARRY) stakeholders educated about the class action filed
Multiplan Corp (NYSE: MPLN), Emergent Biosolutions Inc (NYSE: EBS), and Array Technologies Inc (NASDAQ: ARRY) stakeholders are educated by law firm Korsinsky, LLP against the class action lawsuits that the law firm has filed against the company has initiated on behalf of the stakeholders.
Hennessy Capital Investment Corp V (NASDAQ: HCIC), now known as Canoo Inc (NASDAQ: GOEV) under scrutiny
Hennessy Capital Investment Corp V (NASDAQ: HCIC), now known as Canoo Inc (NASDAQ: GOEV), officials are under legal scrutiny. Scott+Scott Attorneys at Law LLP (“Scott+Scott”) determines if a few directors and officials breached their fiduciary duties to Hennessy Capital IV and its shareholders.
J Alexanders Holdings Inc (NYSE: JAX), IKONICS Corporation (NASDAQ: IKNX), New Senior Investment Group Inc (NYSE: SNR), and QAD Inc. Class A (NASDAQ: QADA) are facing legal investigation. Law firm Halper Sadeh LLP has initiated an investigation to determine if the stated companies are involved in possible potential violations of the federal securities laws and/or breaches of fiduciary duties.