According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- the Company’s 2022 financial guidance was significantly overstated;
- accordingly, once the truth was revealed, it was likely that the Company would be required to negatively revise its 2022 financial guidance;
- in addition to the foregoing, material weaknesses existed in the Company’s internal control over financial reporting; and
- as a result of all of the foregoing, the Company’s public statements were materially false and misleading at all relevant 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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