The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of FRCB, IEP and CUTR

NEW YORK, NY / ACCESSWIRE / June 8, 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.

First Republic Bank (OTCMKT:FRCB)
Class Period: January 14, 2021 - March 14, 2023
Lead Plaintiff Deadline: June 23, 2023

According to the complaint, Defendants misrepresented the strength of the Company's balance sheet and liquidity position, while also understating the significant pressure rising interest rates posed to First Republic's business model. Defendants also misrepresented the strength of the Company's ability to deliver consistent results across different interest rate environments, the diversity of the Company's deposit funding base, and the Company's ability to generate net interest income ("NII") growth and maintain stable net interest margin ("NIM").

Learn about your recoverable losses in FRCB: https://www.kleinstocklaw.com/pslra-1/first-republic-lawsuit-loss-submission-form?id=40596&from=1

Icahn Enterprises L.P. (NASDAQ:IEP)
Class Period: August 2, 2018 - May 9, 2023
Lead Plaintiff Deadline: July 10, 2023

The IEP lawsuit alleges Icahn Enterprises L.P. made materially false and/or misleading statements and/or failed to disclose during the class period 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.

Learn about your recoverable losses in IEP: https://www.kleinstocklaw.com/pslra-1/icahn-enterprises-lawsuit-loss-submission-form?id=40596&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=40596&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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