December 1, 2020

LAWSUITS FILED AGAINST STAA, BIDU and PLAN – Jakubowitz Law Pursues Shareholders Claims

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

September 08, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / September 8, 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.

Staar Surgical Company (NASDAQ:STAA)

CONTACT JAKUBOWITZ ABOUT STAA:https://claimyourloss.com/securities/staar-surgical-company-loss-submission-form/?id=9128&from=1

Class Period: February 26, 2020 – August 10, 2020

Lead Plaintiff Deadline: October 19, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: the Company was overstating and/or mischaracterizing: (1) its sales and growth in China; (2) its marketing spend; (3) its research and development expenses; and that as a result of the foregoing, (4) Defendants’ public statements were materially false and misleading at all relevant times.

Baidu, Inc. (NASDAQ:BIDU)

CONTACT JAKUBOWITZ ABOUT BIDU:https://claimyourloss.com/securities/baidu-inc-loss-submission-form-2/?id=9128&from=1

Class Period: April 8, 2016 – August 13, 2020

Lead Plaintiff Deadline: October 19, 2020

The filed complaint alleges that defendants 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)

CONTACT JAKUBOWITZ ABOUT PLAN:https://claimyourloss.com/securities/anaplan-inc-loss-submission-form/?id=9128&from=1

Class Period: November 21, 2019 – February 26, 2020

Lead Plaintiff Deadline: October 23, 2020

The filed complaint alleges that defendants 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.

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 LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887SOURCE: Jakubowitz Law

View source version on accesswire.com: https://www.accesswire.com/605277/LAWSUITS-FILED-AGAINST-STAA-BIDU-and-PLAN–Jakubowitz-Law-Pursues-Shareholders-Claims

COMTEX_370951647/2457/2020-09-08T20:47:37

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Copyright 2020 ACCESSWIRE

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

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