NEW YORK, NY / ACCESSWIRE / June 20, 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.
IEP Shareholders Click Here: https://zlk.com/pslra-1/icahn-enterprises-lawsuit-submission-form?prid=41125&wire=1
ATLX Shareholders Click Here: https://zlk.com/pslra-1/atlas-lithium-lawsuit-submission-form?prid=41125&wire=1
TIO Shareholders Click Here: https://zlk.com/pslra-1/tingo-lawsuit-submission-form?prid=41125&wire=1
* ADDITIONAL INFORMATION BELOW *
IEP Lawsuit on behalf of: investors who purchased August 2, 2018 - May 9, 2023
Lead Plaintiff Deadline : July 10, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/icahn-enterprises-lawsuit-submission-form?prid=41125&wire=1
According to the filed complaint, during the class period, Icahn Enterprises L.P. made materially false and/or misleading statements and/or failed to disclose that: (i) Icahn Enterprises was inflating its net asset value; (ii) the Company was using money taken in from new investors to pay out dividends to old investors; (iii) as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (iv) 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.
ATLX Lawsuit on behalf of: investors who purchased March 25, 2022 - May 3, 2023
Lead Plaintiff Deadline : August 1, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/atlas-lithium-lawsuit-submission-form?prid=41125&wire=1
According to the filed complaint, during the class period, Atlas Lithium Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; (ii) in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company's stock; (iii) the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium's business was revealed; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
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=41125&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