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

NEW YORK, NY / ACCESSWIRE / June 8, 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=40608&wire=1
SPR Shareholders Click Here: https://zlk.com/pslra-1/spirit-lawsuit-submission-form?prid=40608&wire=1
CUTR Shareholders Click Here: https://zlk.com/pslra-1/cutera-lawsuit-submission-form?prid=40608&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=40608&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.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

SPR Lawsuit on behalf of: investors who purchased April 8, 2020 - April 13, 2023
Lead Plaintiff Deadline: July 5, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/spirit-lawsuit-submission-form?prid=40608&wire=1

According to the filed complaint, during the class period, Spirit AeroSystems Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit's financial results; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Cutera, Inc. (NASDAQ:CUTR)

CUTR Lawsuit on behalf of: investors who purchased February 17, 2021 - May 9, 2023
Lead Plaintiff Deadline: July 24, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/cutera-lawsuit-submission-form?prid=40608&wire=1

According to the complaint, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company's business and operations. Specifically, defendants overstated the sustainability of Cutera's revenue growth, failed to disclose significant conflicts among members of the Company's senior leadership and Board, and failed to disclose several material weaknesses in the Company's internal control over financial reporting. As a result of defendant's wrongful acts and omissions, and the significant decline in the market value of the Company's common stock, Cutera's investors have suffered significant damages.

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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