According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- as opposed to contrary statements, the Company was experiencing significant outflows throughout its fourth quarter;
- the Company was experiencing material weaknesses with internal controls , and;
- as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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