Business

Shareholders Notification For Class Action Lawsuit Against CCXI, RLX, RIDE, WPG

Lawsuits have been filed against these four publicly traded companies, viz. CCXI, RLX, RIDE, WPG. 

Securities fraud lawsuit against ChemoCentryx Inc (NASDAQ: CCXI)

Jacobowitz Law has announced a class-action lawsuit regarding securities fraud against ChemoCentryx Inc (NASDAQ: CCXI). The shareholders who’ve purchased the company’s shares from November 26, 2019 – May 6, 2021, approached the law firm to seek protection against the losses. The deadline for being its lead plaintiff ended on July 6, 2021. The complaint alleges that the defendant made fallacious statements while also not disclosing a few critical points regarding the study. 

RLX Technology Inc – ADR (NYSE: RLX) class action lawsuit deadline reminder 

Kessler Topaz Meltzer & Check, LLP is sending out a deadline reminder for a class-action lawsuit against the company in securities fraud case. The investors who wish to seek protection and be the lead plaintiff must approach the law firm by August 9, 2021. Those who do not wish to be the lead plaintiff may choose to be an absent class member. 

Lordstown Motors Corp (NASDAQ: RIDE) lawsuit alert for shareholders 

The Shareholders Foundation, Inc. has announced a class-action lawsuit against a few of the Lordstown Motors Corp.’s officers and directors. The firm is calling out all investors who purchased the shares before or during July 2020. The investors have a few options and must contact the firm to seek protection against alleged fiduciary duties breaches by the defendants. 

Is Washington Prime Group Inc (NYSE: WPG) going completely belly-up?

The company is facing a class-action lawsuit for sharing misleading information. WPG planned to hold back its interest payments, which were due in February 2021. However, in March 2021, the company filed for bankruptcy since it failed to fulfill the interest payments. The lawsuit is filed in context with misleading information regarding its business operations that caused heavy losses for investors. 

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