June 23, 2021

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TUFN, BIDU and UPLCQ

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

September 18, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / September 18, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Tufin Software Technologies Ltd. (NYSE:TUFN)Affected investors purchased TUFN securities pursuant and/or traceable to documents issued in connection with the Company’s April 2019 initial public offering and/or its December 2019 secondary public offering.Lead Plaintiff Deadline: September 21, 2020

According to the complaint, Tufin Software Technologies Ltd. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Tufin’s customer relationships and growth metrics were overstated, particularly with respect to North America; (ii) Tufin’s business was deteriorating, primarily in North America; (iii) as a result, Tufin’s representations regarding its sustainable financial prospects were overly optimistic; and (iv) as a result, the documents issued in connection with the Company’s initial public offering were materially false and/or misleading and failed to state information required to be stated therein.

Learn about your recoverable losses in TUFN: http://www.kleinstocklaw.com/pslra-1/tufin-software-technologies-ltd-loss-submission-form?id=9389&from=1

Baidu, Inc. (NASDAQ:BIDU)Class Period: April 8, 2016 – August 13, 2020Lead Plaintiff Deadline: October 19, 2020

During the class period, Baidu, Inc. allegedly 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.

Learn about your recoverable losses in BIDU: http://www.kleinstocklaw.com/pslra-1/baidu-inc-loss-submission-form-2?id=9389&from=1

Ultra Petroleum Corp. (OTC PINK:UPLCQ)Class Period: April 3, 2017 – August 8, 2019Lead Plaintiff Deadline: November 2, 2020

The complaint alleges Ultra Petroleum Corp. made materially false and/or misleading statements and/or failed to disclose that: (a) Ultra’s proved reserves were materially overstated and, therefore, worth hundreds of millions of dollars less than represented; (b) Ultra’s proved undeveloped reserves were of de minimis value because they contained low quality deposits that lacked a commercially viable path to development; (c) Ultra was unable to meet the production and development estimates provided to investors and such estimates lacked a reasonable basis; (d) Ultra was unable to withstand even a modest downturn in the price of natural gas because, inter alia, Ultra’s business had less financial and production flexibility than claimed; and (e) Ultra did not have the technical or financial capabilities or available asset base to sustainably grow its oil and natural gas production by any meaningful amount.

Learn about your recoverable losses in UPLCQ: http://www.kleinstocklaw.com/pslra-1/ultra-petroleum-corp-loss-submission-form?id=9389&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

J. Klein, Esq.Empire State Building350 Fifth Avenue59th FloorNew York, NY [email protected]: (212) 616-4899Fax: (347) 558-9665www.kleinstocklaw.com

SOURCE: The Klein Law Firm

View source version on accesswire.com: https://www.accesswire.com/606715/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-TUFN-BIDU-and-UPLCQ

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