KEY LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving KeyCorp

PRESS RELEASE
Published August 18, 2023

NEW YORK, NY / ACCESSWIRE / August 18, 2023 / The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased KeyCorp ("Key") (NYSE:KEY) between February 27, 2020 and June 9, 2023.

If you suffered a loss, contact us at the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/key-class-action-submission-form/?prid=43879&wire=1

Allegations against KEY include that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Key downplayed concerns with its liquidity while overstating the effectiveness of its long-term liquidity strategy; (ii) Key overstated its projected net interest income ("NII") for the second quarter and full year of 2023, as well as related positive NII drivers, while downplaying negative NII drivers; (iii) as a result, Key was likely to negatively revise its previously issued NII guidance; (iv) all the foregoing, once revealed, was likely to negatively impact Key's business, financial results, and reputation; and (v) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

If you suffered a loss in Key you have until October 3, 2023 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.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong



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https://www.accesswire.com/775272/KEY-LAWSUIT-The-Law-Offices-of-Vincent-Wong-Notify-Investors-of-a-Class-Action-Lawsuit-Involving-KeyCorp

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