The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of DIS, CUTR and NEE

NEW YORK, NY / ACCESSWIRE / June 5, 2023 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

The Walt Disney Company (NYSE:DIS)
Class Period: December 10, 2020 - November 8, 2022
Lead Plaintiff Deadline: July 11, 2023

The DIS lawsuit alleges that The Walt Disney Company made materially false and/or misleading statements and/or failed to disclose that: (a) Disney+ was suffering decelerating subscriber growth, losses, and cost overruns; (b) the true costs incurred in connection with Disney+ had been concealed by Disney executives by debuting certain content intended for Disney+ initially on Disney's legacy distribution channels and then making the shows available on Disney+ thereafter in order to improperly shift costs out of the Disney+ segment; (c) Disney Media and Entertainment Distribution had made platform distribution decisions based not on consumer preference, consumer behavior, or the desire to maximize the size of the audience for the content as represented, but based on the desire to hide the full costs of building Disney+'s content library; (d) the Company was not on track to achieve its 2024 Disney+ paid global subscriber and profitability targets, that such targets were not achievable, and that such estimates lacked a reasonable basis in fact; and (e) as a result of (a)-(d) above, defendants had materially misrepresented the actual performance of Disney+, the sustainability of Disney+'s historical growth trends, the profitability of Disney+, and the likelihood that Disney could achieve its 2024 Disney+ subscriber and profitability targets.

Learn about your recoverable losses in DIS: https://www.kleinstocklaw.com/pslra-1/disney-lawsuit-loss-submission-form?id=40308&from=1

Cutera, Inc. (NASDAQ:CUTR)
Class Period: February 17, 2021 - May 9, 2023
Lead Plaintiff Deadline: July 24, 2023

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.

Learn about your recoverable losses in CUTR: https://www.kleinstocklaw.com/pslra-1/cutera-lawsuit-loss-submission-form?id=40308&from=1

NextEra Energy, Inc. (NYSE:NEE)
Class Period: December 2, 2021 - February 1, 2023
Lead Plaintiff Deadline: July 25, 2023

According to the complaint, NextEra Energy, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Florida Power and Light Company's surreptitious orchestration of political misconduct exposed NEE to substantial legal and reputational risk; and (2) in light of the above, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in NEE: https://www.kleinstocklaw.com/pslra-1/nextera-energy-lawsuit-loss-submission-form?id=40308&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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