CLASS ACTION UPDATE for HBNC, CRL and TIO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / June 19, 2023 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

HBNC Shareholders Click Here: https://zlk.com/pslra-1/horizon-lawsuit-submission-form?prid=41060&wire=1
CRL Shareholders Click Here: https://zlk.com/pslra-1/charles-river-lawsuit-submission-form?prid=41060&wire=1
TIO Shareholders Click Here: https://zlk.com/pslra-1/tingo-lawsuit-submission-form?prid=41060&wire=1

* ADDITIONAL INFORMATION BELOW *

Horizon Bancorp, Inc. (NASDAQ:HBNC)

HBNC Lawsuit on behalf of: investors who purchased March 9, 2022 - March 10, 2023
Lead Plaintiff Deadline : June 20, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/horizon-lawsuit-submission-form?prid=41060&wire=1

According to the filed complaint, during the class period, Horizon Bancorp, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Charles River Laboratories International, Inc. (NYSE:CRL)

CRL Lawsuit on behalf of: investors who purchased May 5, 2020 - February 21, 2023
Lead Plaintiff Deadline : July 18, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/charles-river-lawsuit-submission-form?prid=41060&wire=1

According to the filed complaint, during the class period, Charles River Laboratories International, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Charles River had engaged in illegal activity with respect to its importation of non-human primates for research; (2) as a result, Charles River was at a heightened risk of criminal and regulatory investigation by, inter alia, the U.S. Department of Justice; (3) as a result, Charles River would be forced to suspend shipments of primates from Cambodia; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Tingo Group, Inc. (NASDAQ:TIO)

TIO Lawsuit on behalf of: investors who purchased December 1, 2022 - June 6, 2023
Lead Plaintiff Deadline : August 7, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/tingo-lawsuit-submission-form?prid=41060&wire=1

According to the filed complaint, during the class period, Tingo Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Defendant Mmobuosi fabricated biographical claims about himself; (2) Tingo had photoshopped its logo onto pictures of airplanes it did not own; (3) Tingo inflated its food division margins; (4) Tingo published misleading images of its planned Nigerian food processing facility and overstated its progress on the facility's construction; (5) Tingo inflated its food inventory; (6) Tingo did not have relationships with the two farming cooperatives it claimed; (7) Tingo did not generate $128 million in revenue for its handset leasing, call and data segments as it claimed; (8) Tingo's Mobile operation in Nigeria was delinquent on its tax obligations; (9) Tingo photoshopped its logo over pictures from a different point of sale system operator's website; (10) Tingo did not generate $125.3 million in revenue from its online marketplace called NWASSA; (11) Tingo's agricultural export business was not on track to deliver $1.34 billion in exports by Q3 2023; (12) Tingo lacked effective controls over accounting and financial reporting; and (13) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE : Levi & Korsinsky, LLP

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