September 22, 2020

CLASS ACTION UPDATE for AYX, BIDU and PLAN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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September 16, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / September 16, 2020 / 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.

AYX Shareholders Click Here: https://www.zlk.com/pslra-1/alteryx-inc-information-request-form?prid=9311&wire=1BIDU Shareholders Click Here: https://www.zlk.com/pslra-1/baidu-inc-information-request-form-2?prid=9311&wire=1PLAN Shareholders Click Here: https://www.zlk.com/pslra-1/anaplan-inc-information-request-form?prid=9311&wire=1

* ADDITIONAL INFORMATION BELOW *

Alteryx, Inc. (NYSE:AYX)

AYX Lawsuit on behalf of: investors who purchased May 6, 2020 – August 6, 2020Lead Plaintiff Deadline : October 19, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/alteryx-inc-information-request-form?prid=9311&wire=1

According to the filed complaint, during the class period, Alteryx, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was unable to close large deals within the quarter, and deals were pushed out to subsequent quarters or downsized; (2) as a result, Alteryx increasingly relied on adoption licenses to attract new customers; (3) as a result and due to the nature of adoption licenses, the Company’s revenue was reasonably likely to decline; 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.

Baidu, Inc. (NASDAQ:BIDU)

BIDU Lawsuit on behalf of: investors who purchased April 8, 2016 – August 13, 2020Lead Plaintiff Deadline : October 19, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/baidu-inc-information-request-form-2?prid=9311&wire=1

According to the filed complaint, during the class period, Baidu, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Baidu misrepresented the financial and business condition of iQIYI; (2) iQIYI had inadequate controls; and (3) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

Anaplan Inc. (NYSE:PLAN)

PLAN Lawsuit on behalf of: investors who purchased November 21, 2019 – February 26, 2020Lead Plaintiff Deadline : October 23, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/anaplan-inc-information-request-form?prid=9311&wire=1

According to the filed complaint, during the class period, Anaplan Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was undergoing sales organization and execution challenges; (2) these organizational challenges were causing the Company to miss on closing very important large deals; and (3) as a result, Anaplan’s financial guidance for “calculated billings growth” was baseless and unattainable. Further, while in possession of this material non-public information, Anaplan insiders dumped approximately $30 million worth of Anaplan stock at artificially inflated prices.

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, LLPJoseph E. Levi, Esq.55 Broadway, 10th FloorNew York, NY 10006jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/606344/CLASS-ACTION-UPDATE-for-AYX-BIDU-and-PLAN-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

COMTEX_371383057/2457/2020-09-16T09:01:06

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The MarketWatch News Department was not involved in the creation of this content.

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