Sep 8, 2021 | Securities Class Action Archive
Investigation On Behalf Of Former Legacy Acquisition Corp Investors
Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of Legacy Acquisition Corp (“Legacy Acquisition” or the “Company”) (NYSE: LGC) received greater benefits than Legacy Acquisition investors as a result of the Company’s merger with Parts iD, Inc. (“Parts iD”) (NYSE: ID).
The investigation concerns whether Legacy Acquisition’s board of directors or senior management failed to manage Legacy Acquisition in an acceptable manner, in breach of their fiduciary duties to the Company’s shareholders, and whether Legacy Acquisition’s shareholders suffered damages as a result.
On September 18, 2020, Legacy Acquisition executed a merger agreement with the predecessor to Parts iD, with an October 19, 2020 record date for the shareholder vote. On November 20, 2020, the merger transaction closed, with Parts iD continuing as the successor entity.
In its final days of trading pre-merger, Legacy Acquisition’s stock price dropped significantly, thereby injuring investors.
IF YOU WERE A LEGACY ACQUISITION SHAREHOLDER AND WISH TO DISCUSS KEHOE LAW FIRM’S INVESTIGATION OR HAVE QUESTIONS ABOUT YOUR POTENTIAL LEGAL RIGHTS, PLEASE CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Sep 1, 2021 | Securities Class Action Archive
Securities Class Action Investigation – SPPI Investors Who Have Suffered Financial Losses Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether Spectrum Pharmaceuticals, Inc. (“Spectrum” or the “Company”) (NASDAQ: SPPI) violated federal securities laws.
Spectrum investors who purchased, or otherwise acquired, the Company’s securities between December 27, 2018 and August 5, 2021, both dates inclusive (the “Class Period”), and suffered financial losses are encouraged to contact Kehoe Law Firm, P.C. to learn more about the securities investigation or potential legal claims.
Spectrum investors should be aware that a class action lawsuit was filed against Spectrum on August 31, 2021 in United States District Court, District of Nevada, on behalf of a class consisting of all persons and entities other than the Spectrum Defendants that purchased or otherwise acquired Spectrum securities between December 27, 2018 and August 5, 2021, both dates inclusive (the “Class Period”), seeking to recover damages caused by the Spectrum Defendants’ alleged violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
SPECTRUM SHAREHOLDERS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY’S SECURITIES DURING THE CLASS PERIOD AND SUFFERED FINANCIAL LOSSES ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT EITHER JOHN KEHOE, ESQ, (215) 792-6676, EXT. 801, [email protected], OR MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Aug 30, 2021 | Securities Class Action Archive
HyreCar Investors Who Have Suffered Losses Greater Than $25,000 Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether HyreCar Inc. (“HyreCar” or the “Company”) (NASDAQ: HYRE) violated federal securities laws.
HyreCar investors who purchased, or otherwise acquired, HyreCar securities between May 14, 2021 and August 10, 2021, both dates inclusive (the “Class Period”), and suffered financial losses greater than $25,000 are encouraged to contact Kehoe Law Firm, P.C. to learn more about the securities investigation or potential securities claims.
HyreCar investors should be aware that a class action lawsuit was filed against the Company on August 27, 2021 in United States District Court, Central District of California, on behalf purchasers of HyreCar securities during the Class Period.
According to the class action complaint, HyreCar issued materially false and/or misleading statements, because they failed to disclose the following adverse facts pertaining to the Company’s business, operations and financial condition, which were known to, or recklessly disregarded by, the HyreCar defendants as follows: (a) that HyreCar had materially understated its insurance reserves; (b) that HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (c) that HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (d) that HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (e) that HyreCar had been forced to dramatically reform its claims underwriting, policies and procedures in response to unacceptably high claims severity and customer complaints; and (f) that, as a result of the foregoing, HyreCar’s operations and prospects were misrepresented because the Company was not on track to meet the financial estimates provided to investors during the Class Period, and such estimates lacked a reasonable basis in fact, including HyreCar’s purported gross margin, EBITDA and net loss trajectories.
HYRECAR SHAREHOLDERS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY’S SECURITIES DURING THE CLASS PERIOD AND SUFFERED FINANCIAL LOSSES GREATER THAN $25,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Aug 18, 2021 | Securities Class Action Archive
Securities Class Action Investigation – Annovis Investors Who Purchased, Or Otherwise Acquired, ANVS Securities Between May 21, 2021 and July 28, 2021, Both Dates Inclusive, And Suffered Losses Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether Annovis Bio, Inc. (“Annovis” or the “Company”) (NYSE: ANVS) violated federal securities laws.
Annovis investors who purchased, or otherwise acquired, Annovis securities between May 21, 2021 and July 28, 2021 (“Class Period”) and suffered financial losses are encouraged to contact Kehoe Law Firm, P.C. to learn more about the securities class action investigation or potential securities claims.
Annovis investors should be aware that a class action lawsuit was filed against Annovis on August 17, 2021 in United States District Court, Eastern District of Pennsylvania, on behalf persons and entities that purchased, or otherwise acquired, Annovis securities between May 21, 2021 and July 28, 2021, both dates inclusive. The class action lawsuit is pursuing claims against the Annovis Defendants under the Securities Exchange Act of 1934.
ANNOVIS SHAREHOLDERS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE COMPANY’S SECURITIES DURING THE CLASS PERIOD AND SUFFERED FINANCIAL LOSSES ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Aug 18, 2021 | Securities Class Action Archive
Pershing Square Tontine Holdings, Ltd. Investors Who Have Held PSTH Stock Continuously Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of Pershing Square Tontine Holdings, Ltd. (“Pershing Square” or the “Company”) (NYSE: PSTH) breached their fiduciary duties to Pershing Square and the Company’s shareholders.
IF YOU HAVE HELD PSTH STOCK CONTINUOUSLY AND WISH TO DISCUSS KEHOE LAW FIRM’S INVESTIGATION OR HAVE QUESTIONS ABOUT YOUR POTENTIAL LEGAL RIGHTS, PLEASE CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Aug 17, 2021 | Securities Class Action Archive
Securities Class Action Investigation On Behalf Of View Inc. Investors – View, Inc. Investors With Significant Losses Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is conducting a securities class action investigation to determine whether View, Inc. (“View” or the “Company”) (NASDAQ: VIEW) violated federal securities laws.
View announced in a press release, dated August 16, 2021, that “it will postpone the release of its financial results for the second quarter of 2021.” View stated that “[t]he Audit Committee of View’s Board of Directors recently began an independent investigation concerning the adequacy of the company’s previously disclosed warranty accrual.”
In an August 16, 2021 10-Q SEC filing, View stated that “[t]he Company cannot predict the duration of the investigation, eventual scope, its outcome, or its impact on the Company’s financial results or the Company’s assessment of its internal control over financial reporting for prior periods. As a result, the Company has not finalized its financial statements or its assessment of the effectiveness of its disclosure controls and procedures and internal control over financial reporting for the three and six months ended June 30, 2021. The Company expects that it will finalize its financial statements and file the related Second Quarter 10-Q as soon as practicable after the conclusion of the investigation.”
On this news, shares of View dropped significantly, closing down almost 25%, thereby injuring investors.
INVESTORS WHO PURCHASED VIEW SECURITIES AND SUFFERED FINANCIAL LOSSES ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, CLIENT RELATIONS, (215) 792-6676, EXT. 802, [email protected], [email protected], TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
