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Over $400 million recovered for investors in the last 2 years

Microvast Holdings, Inc.

On May 22, 2023, Reuters reported that the U.S. Department of Energy (DoE) canceled a $200M grant to lithium battery manufacturer, Microvast Holdings, Inc., citing

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Cutera, Inc.

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: overstated the sustainability of Cutera’s revenue

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Canopy Growth Corporation

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: there were material weaknesses in the

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Virtu Financial, Inc.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: the Company maintained deficient policies and

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Bowlero Corp.

On May 17, 2023, Bowlero Corp., announced Q3 2023 financial results. As part of those results, Bowlero disclosed that its disclosure controls and procedures were

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Viatris Inc.

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: the Company was experiencing significantly more

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Bancor Version 3

According to the lawsuit, the Defendants violated the federal securities laws and various state laws by offering and selling investment contracts to Bancor v3 liquidity

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UP Fintech Holding Limited

On May 16, 2023, UP Fintech issued a press release responding to requirements of the China Securities Regulatory Commission (“CSRC”). The press release stated that

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Futu Holdings Limited

On May 16, 2023, Futu issued a press release announcing the decision to remove “the Futubull app from app stores in Mainland China from May

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Microvast Holdings, Inc.

On May 22, 2023, Reuters reported that the U.S. Department of Energy (DoE) canceled a $200M grant to lithium battery manufacturer, Microvast Holdings, Inc., citing

Read More

Cutera, Inc.

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: overstated the sustainability of Cutera’s revenue

Read More

Canopy Growth Corporation

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: there were material weaknesses in the

Read More

Virtu Financial, Inc.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: the Company maintained deficient policies and

Read More

Bowlero Corp.

On May 17, 2023, Bowlero Corp., announced Q3 2023 financial results. As part of those results, Bowlero disclosed that its disclosure controls and procedures were

Read More

Viatris Inc.

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: the Company was experiencing significantly more

Read More

Bancor Version 3

According to the lawsuit, the Defendants violated the federal securities laws and various state laws by offering and selling investment contracts to Bancor v3 liquidity

Read More

UP Fintech Holding Limited

On May 16, 2023, UP Fintech issued a press release responding to requirements of the China Securities Regulatory Commission (“CSRC”). The press release stated that

Read More

Futu Holdings Limited

On May 16, 2023, Futu issued a press release announcing the decision to remove “the Futubull app from app stores in Mainland China from May

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Chinook Therapeutics, Inc.

On May 16, 2023, Muddy Waters Research issued a report on Chinook Therapeutics, Inc., alleging that atrasentan, the Company’s lead product candidate, “has been shown

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The Walt Disney Company

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: Disney+ was suffering decelerating subscriber growth,

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Beyond Meat, Inc.

According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that: Beyond Meat was unable to

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Icahn Enterprises L.P.

According to the lawsuit, defendants made false and/or misleading statements regarding the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that:

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Our Mission

The Rosen Law Firm, P.A. is dedicated to recovering damages for shareholders victimized by corporate fraud and other misconduct. Our attorneys have a wealth of knowledge and experience handling complex financial litigation and winning significant victories and settlements for our clients. By focusing exclusively on securities class actions and derivative litigation, we have risen to the forefront of plaintiffs’ firms and have recovered damages totaling hundreds of millions of dollars for our clients. Our mission is to protect shareholders rights.

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FAQ

Class actions are lawsuits where one or more investors serve as the representative plaintiffs on behalf of a large group of investors that each purchased the same securities and suffered losses as a result of the same false statements or misconduct.  Class actions allow a court to decide the claims of many investors in a single lawsuit. This promotes efficiency, economy, and extends justice to investors whose claims are not large enough to merit an individual lawsuit.

This is the time period during which investors purchased securities in the company that is the subject of the class action.  Typically, the false statements or fraud begin on the first day of the class period and the full truth about the false statements or fraud is revealed on the last day of the class period.

A lead plaintiff is an investor that wishes to serve as a representative plaintiff in the class action on behalf of all the other investors that purchased securities during the Class Period.

The Lead Plaintiff’s role is to oversee the litigation with the assistance and advice of the class’s attorneys. Both the Lead Plaintiff and the class’s attorneys must direct the litigation for the benefit of the class foremost. Ultimately, it is the job of the Lead Plaintiff to decide what is a fair settlement amount for the Class and to approve any settlement offer.

Lead Counsel are the Class’s attorneys.  The Lead Plaintiff selects the Lead Counsel.  Lead Counsel should have extensive experience prosecuting securities class actions if they are to effectively represent investors in a securities class action. 

If the amount of your losses in the investment are significant to you, being a lead plaintiff allows you to be involved in the case and oversee important decisions in the litigation, particularly the amount of any settlement for investors.

Class action lawsuits often are filed when it would be impractical or prohibitively expensive for each person who was harmed to file an individual lawsuit, and they enable small shareholders or consumers to seek recovery from large corporations possessing much greater legal and financial resources. Generally, securities class actions are filed in the Federal District Courts and allege that the defendant(s) violated the Securities Act of 1933 and/or the anti-fraud provisions of the Securities Exchange Act of 1934. The typical class action takes at least 2-3 years to litigate, although the actual time it takes to resolve a case varies, depending on the complexity of the case, the issues involved, and other factors.

You can complete the online certification form on our website or at your request, we will email you a form to complete and you can send it back to us.

You do not pay any legal fees, costs or expenses. The Court will award the Lead Counsel any legal fees, costs or expenses from the money they recover for the class. If Lead Counsel doesn’t recover any money for the class, Lead Counsel doesn’t get paid any legal fees, costs or expenses.

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New York, NY 10016
T: 212.686.1060
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Los Angeles, CA 90071
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Suite 440
Jenkintown, PA 19046
T: 215.600.2817

F: 212.202.3827

New Jersey

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Suite 2600
Newark, NJ 07102
T: 973.313.1887
F: 973.833.0399

Get a Free Consultation

Email us at info@rosenlegal.com 

The Rosen Law Firm is dedicated exclusively to recovering investment losses for investors in companies that have misrepresented material aspects of their business or whose officers and directors have breached their fiduciary duties to shareholders.

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