LAWSUITS FILED AGAINST FNKO, ATLX and S - Jakubowitz Law Pursues Shareholders Claims

NEW YORK, NY / ACCESSWIRE / June 9, 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.

Funko, Inc. (NASDAQ:FNKO)

CONTACT JAKUBOWITZ ABOUT FNKO:
https://claimyourloss.com/securities/funko-class-action-loss-submission-form/?id=40613&from=1

Class Period : May 6, 2022 - March 1, 2023

Lead Plaintiff Deadline : August 1, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Funko was experiencing significantly larger delays in implementing its enterprise resource planning ("ERP") software than it was disclosing to investors; (ii) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (iii) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin.

Atlas Lithium Corporation (NASDAQ:ATLX)

CONTACT JAKUBOWITZ ABOUT ATLX:
https://claimyourloss.com/securities/atlas-lithium-class-action-loss-submission-form/?id=40613&from=1

Class Period : March 25, 2022 - May 3, 2023

Lead Plaintiff Deadline : August 1, 2023

The filed complaint alleges that defendants 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.

SentinelOne, Inc. (NYSE:S)

CONTACT JAKUBOWITZ ABOUT S:
https://claimyourloss.com/securities/sentinelone-class-action-loss-submission-form/?id=40613&from=1

Class Period : June 1, 2022 - June 1, 2023

Lead Plaintiff Deadline : August 7, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting; (2) as a result, the Company's Annualized Recurring Revenue ("ARR") was overstated; (3) as a result, the Company's guidance was overstated; 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.

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

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