LAWSUITS FILED AGAINST BIRD, HBNC and LPSN - Jakubowitz Law Pursues Shareholders Claims

PRESS RELEASE
Published May 24, 2023

NEW YORK, NY / ACCESSWIRE / May 24, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Allbirds, Inc. (NASDAQ:BIRD)

CONTACT JAKUBOWITZ ABOUT BIRD:
https://claimyourloss.com/securities/allbirds-class-action-loss-submission-form/?id=39890&from=1

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Allbirds Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's November 2021 initial public offering; and/or (b) Allbirds securities between November 4, 2021 and March 9, 2023, inclusive.

Lead Plaintiff Deadline: June 12, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Allbirds was overemphasizing products that extended beyond the Company's core offerings; (2) the Company's non-core products had a narrower appeal and were not resonating with customers as well as the Company's core products; (3) Allbirds was underinvesting in its core consumers' favorite products to push the Company's newer products with narrower appeal; (4) underinvesting in Allbirds' core products was negatively impacting the Company's sales; and (5) 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.

Horizon Bancorp, Inc. (NASDAQ:HBNC)

CONTACT JAKUBOWITZ ABOUT HBNC:
https://claimyourloss.com/securities/horizon-class-action-loss-submission-form/?id=39890&from=1

Class Period: March 9, 2022 - March 10, 2023

Lead Plaintiff Deadline: June 20, 2023

The filed complaint alleges that defendants 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.

LivePerson, Inc. (NASDAQ:LPSN)

CONTACT JAKUBOWITZ ABOUT LPSN:
https://claimyourloss.com/securities/liveperson-class-action-loss-submission-form/?id=39890&from=1

Class Period: May 10, 2022 - March 16, 2023

Lead Plaintiff Deadline: June 23, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) LivePerson failed to address any material weaknesses with internal controls; (2) LivePerson's third quarter financial statements, ended in September 30, 2022 failed to disclose its subsidiary, WildHealth's, suspension of Medicare reimbursement; (3) as a result, LivePerson's fourth quarter 2022 revenue would be affected; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Jakubowitz Law, Wednesday, May 24, 2023, Press release picture

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE : Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/757005/LAWSUITS-FILED-AGAINST-BIRD-HBNC-and-LPSN--Jakubowitz-Law-Pursues-Shareholders-Claims

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