NEW YORK, NY / ACCESSWIRE / July 2, 2021 / The Securities Litigation Law Firm of The Gross Law Firm is issuing the following opinion on behalf of the shareholders of the following listed companies. Shareholders who have purchased shares in the following companies during the dates indicated are encouraged to contact the company regarding a possible principal applicant appointment. Appointment as principal applicant is not necessary to participate in any recovery.
Washington Prime Group, Inc. (NYSE: WPG)
Investors concerned: November 5, 2020 – March 4, 2021
A class action lawsuit has been brought on behalf of certain shareholders of Washington Prime Group, Inc. The complaint filed alleges that the defendants made materially false and / or misleading statements and / or failed to disclose that: (1) financial condition of WPG deteriorated considerably; (2) as a result, there was considerable uncertainty as to the Company’s ability to meet its capital structure obligations when they became due; and (3) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were materially misleading and / or lacked reasonable basis.
Shareholders can find more information at https://securitiesclasslaw.com/securities/washington-prime-group-inc-loss-submission-form/?id=17341&from=1
Virgin Galactic Holdings, Inc. (NYSE: SPCE)
Investors concerned: October 26, 2019 – April 30, 2021
A class action lawsuit has been brought on behalf of certain shareholders of Virgin Galactic Holdings, Inc. The complaint filed alleges that the defendants made materially false and / or misleading statements and / or failed to disclose that: (i) for any purpose accountants, Social Capital Hedosophia Holdings The warrants of Corp. (“SCH”) were to be treated as liabilities rather than actions; (ii) Virgin Galactic had weak disclosure controls and procedures and internal controls over financial reporting; (iii) as a result, the Company incorrectly accounted for the SCH warrants that were outstanding at the time of the business combination; and (iv) accordingly, the Company’s public statements were materially false and misleading at all material times.
Shareholders can find more information at https://securitiesclasslaw.com/securities/virgin-galactic-holdings-inc-loss-submission-form/?id=17341&from=1
Ocugen, Inc. (NASDAQ: OCGN)
Investors concerned: February 2, 2021 – June 10, 2021
A class action lawsuit has been brought on behalf of certain shareholders of Ocugen, Inc. The complaint filed alleges that the defendants made materially false and / or misleading statements and / or failed to disclose that: (i) the information submitted to the Food and Drug Administration (“FDA”) was insufficient to justify an Emergency Use Authorization (“EUA”), (ii) Ocugen would not file an EUA with the FDA, (iii) because of this above, the financial statements of the Company, as well as the statements of the defendants on the business, operations and prospects of Ocugen were false and misleading and / or lacked reasonable basis.
Shareholders can find more information at https://securitiesclasslaw.com/securities/ocugen-inc-loss-submission-form/?id=17341&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The company seeks redress on behalf of investors who have suffered losses when false and / or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s shares. Lawyer advertising. Past results do not guarantee similar results.
The gross law firm
15 West 38th Street, 12th Floor
New York, New York, 10018
Email: [email protected]
Telephone: (212) 537-9430
Fax: (833) 862-7770
SOURCE: The gross law firm
See the source version on accesswire.com: