Jun 28, 2021 | Securities Class Action Archive
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Athira Pharma, Inc. (“Athira” or the “Company”) (NASDAQ: ATHA) to determine whether the Company engaged in securities fraud or other unlawful business practices.
Class action lawsuits have been filed in United States District Court on behalf of purchasers of the securities of Athira (a) pursuant and/or traceable to the Company’s initial public offering (“IPO”) conducted in September 2020; and/or (b) between September 18, 2020 and June 17, 2021, both dates inclusive (the “Class Period”).
According to the lawsuits, the IPO documents contained and defendants made false and/or misleading statements and/or failed to disclose that (1) the research conducted by the Company’s Chief Executive Officer and President, Leen Kawas (“Kawas”), was tainted by Kawas’ scientific misconduct, including the manipulation of key data through the altering of Western blot images; (2) this purported research was foundational to Athira’s efforts to develop treatments for Alzheimer’s because it laid the biological groundwork that Athira was using in its approach to treating Alzheimer’s; (3) as a result, Athira’s intellectual property and product development for the treatment of Alzheimer’s was based on invalid research; and (4) as a result of the foregoing, the Athira defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, ATHIRA SECURITIES PURSUANT AND/OR TRACEABLE TO ATHIRA’S IPO AND/OR DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT MICHAEL YARNOFF, ESQ., [email protected], [email protected], [email protected], TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
May 24, 2021 | Securities Class Action Archive
Investors Who Have Held Lordstown Motors Corp. Stock Continuously Since At Least September 2020 Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of Lordstown Motors Corp. (“Lordstown”) (NASDAQ: RIDE) breached their fiduciary duties to Lordstown and the Company’s shareholders.
The investigation concerns whether Lordstown made false and/or misleading statements about pre-orders for its EV truck. Hindenburg Research reported, among other things, that Lordstown’s pre-orders were “largely fictitious and used as a prop to raise capital and confer legitimacy.”
IF YOU HAVE HELD LORDSTOWN STOCK CONTINUOUSLY SINCE AT LEAST SEPTEMBER 2020 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.
May 21, 2021 | Securities Class Action Archive
Class Action Investigation On Behalf Of Investors Who Acquired Ubiquiti Securities Between January 11, 2021 And March 30, 2021 (the “Class Period”) And Suffered Losses Greater Than $100,000
Kehoe Law Firm, P.C. is investigating securities claims on behalf of investors who purchased, or otherwise acquired, the securities of Ubiquiti Inc. (“Ubiquiti” or the “Company”) (NYSE: UI) during the Class Period and suffered losses greater than $100,000.
On May 19, 2021, a class action lawsuit was filed against Ubiquiti and certain of its officers in United States District Court, Southern District of New York.
The class action complaint alleges that throughout the aforementioned Class Period, the Ubiquiti Defendants made materially false and misleading statements and failed to disclose that (1) that the Company had downplayed the data breach in January 2021; (2) attackers had obtained administrative access to Ubiquiti’s servers and obtained access to, among other things, all databases, all user database credentials, and secrets required to forge single sign-on (SSO) cookies; (3) as a result, intruders already had credentials needed to remotely access Ubiquiti’s customers’ systems; and (4) as a result of the foregoing, the Ubiquiti Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, UBIQUITI’S SECURITIES DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 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.
May 20, 2021 | Securities Class Action Archive
Investors Who Have Held American Express Stock Continuously Since At Least January 2021 Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of the American Express Company (“American Express”) (NYSE: AXP) breached their fiduciary duties to American Express and the Company’s shareholders.
The investigation concerns whether American Express, among other things, utilized, according to The Wall Street Journal, “aggressive and misleading sales tactics to sell cards to business owners and whether customers were harmed.” The Wall Street Journal also reported that “AmEx card sales” were being investigated by “federal investigators including the inspectors general offices of the Treasury Department, Federal Deposit Insurance Corp. and Federal Reserve.”
IF YOU HAVE HELD AMERICAN EXPRESS STOCK CONTINUOUSLY SINCE AT LEAST JANUARY 2021 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.
May 17, 2021 | Securities Class Action Archive
Have You Suffered Losses Greater Than $100,000 Investing In Danimer Scientific? Kehoe Law Firm, P.C. Securities Class Action Investigation
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Danimer Scientific, Inc. (“Danimer” or the “Company”) (NYSE: DNMR) to determine whether the Company engaged in securities fraud or other unlawful business practices.
On May 14, 2021, a class action lawsuit was filed in United States District Court, Eastern District of New York, on behalf of Danimer investors who purchased, or otherwise acquired, the Company’s securities between December 30, 2020 and March 19, 2021, both dates inclusive (the “Class Period”).
According to the class action complaint, throughout the Class Period, the Danimer Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Danimer Defendants, allegedly, made false and/or misleading statements and/or failed to disclose that (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations’ size and regulatory compliance; (iii) the Danimer Defendants had overstated Nodax’s biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, DANIMER’S SECURITIES DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 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.
May 7, 2021 | Securities Class Action Archive
Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of JPMorgan Chase & Co. (“JPMorgan” or the “Company”) (NYSE: JPM) breached their fiduciary duties to JPMorgan and the Company’s shareholders.
The investigation concerns whether certain officers and/or directors of JPMorgan, among other things, made false and/or misleading statements about corruption warning risks regarding alleged transfers of hundreds of millions of dollars to a former Nigerian oil minister who, reportedly, had been convicted of money laundering.
IF YOU HAVE HELD JPMORGAN STOCK CONTINUOUSLY SINCE AT LEAST 2011 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], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
