BALA CYNWYD, PA / ACCESSWIRE / July 4 2021 / Brodsky & Smith reminds investors of impending important deadlines regarding class actions against the following companies for violation of federal securities laws. If you purchased any of the stocks listed below during the referenced periods and would like to discuss your legal rights, please contact Marc Ackerman, Esquire or Jason Brodsky, Esquire at 877-534-2590. There is no cost or financial obligation for you.
ARRAY TECHNOLOGIES, INC. (NASDAQ: ARRY)
Shares purchased between October 14, 2020 and May 11, 2021 or shares in connection with and / or traceable to the initial public offer of October 2020 (the “IPO”), or to the December 2020 offer of the Company (the “December 2020 SPO”), or March 2021 Offer (the “March 2021 SPO, and together with the December 2020 IPO and SPO, the“ Offers ”)
Deadline: July 13, 2021
The complaint filed alleges that throughout the period of the remedy and in the offers, the defendants made false and / or misleading statements and / or failed to disclose: (1) the continued impact of various rising costs, including costs related to certain supplies such as steel, as well as Array’s transport costs; and (2) as a result of the foregoing, Array’s positive statements regarding its business and operations lacked a reasonable basis.
Additional information can be found at https://www.brodskysmith.com/cases/array-technologies-inc-nasdaq-arry/, or dial 877-534-2590. No cost or obligation.
CONTEXTLOGIC, INC. (NASDAQ: WISH)
Shares purchased between December 16, 2020 and May 12, 2021, or in accordance with or traceable to ContextLogic’s initial public offer of December 16, 2020 (“IPO”)
Deadline: July 16, 2021
According to the complaint filed, the defendants failed to disclose and misrepresented the following adverse facts that existed at the time of the IPO: (1) The monthly active users of ContextLogic in the fourth quarter of 2020 (“MAU”) had significantly decreased and were not then growing; and (2) as a result of the foregoing, the defendants significantly overestimated ContextLogic’s business metrics and financial outlook.
Additional information can be found at https://www.brodskysmith.com/cases/contextlogic-inc-nasdaq-wish/, or dial 877-534-2590. No cost or obligation.
DANIMER SCIENTIFIC, INC., F / k / a Live Oak Acquisition Corp. (NYSE: DNMR)
Shares purchased between October 5, 2020 and May 4, 2021
Deadline: July 13, 2021
According to the complaint filed, throughout the Class Period, the Defendants made false and / or misleading statements and / or failed to disclose that: (1) the Defendants overestimated and / or have inaccurate biodegradability and ecological nature of its Nodax product; (2) the defendants misrepresented the size of Danimer’s facilities, production capacity and actual production amounts, as well as costs; (3) the defendants have distorted Danimer’s growth, financial results and financial projections; (4) Danimer had deficient internal controls; and (5) accordingly, Danimer’s public statements were materially false and misleading at all relevant times.
Additional information can be found at https://www.brodskysmith.com/cases/danimer-scientific-inc-fk-live-oak-acquisition-corp-nyse-dnmr/, or dial 877-534-2590. No cost or obligation.
Brodsky & Smith is a litigation law firm with broad expertise and representing shareholders across the country in securities and class action lawsuits. Brodsky & Smith attorneys have been appointed by numerous courts across the country to serve as lead counsel in class actions and have been successful in raising millions of dollars for our clients and shareholders. Lawyer advertising. Previous results do not guarantee a similar result.
SOURCE: Brodsky & Smith, LLC
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