GPN, CRBU & KRNT Class Action Reminders: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Reminds Investors of Deadlines and to Actively Participate

NEW YORK, NY / ACCESSWIRE / April 3, 2023 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can 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. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Global Payments Inc. (NYSE:GPN)
Class Period: October 31, 2019 - October 18, 2022

Deadline: April 10, 2023
For more info:www.bgandg.com/gpn1.

The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose that: (1) Active Network used deceptive and abusive acts and practices to dupe its customers into enrolling into Active Network's own discount club; (2) since July 2011, Active Network, and by extension, Global Payments, was aware of such unauthorized conduct and that it was violating relevant regulations and laws aimed at protecting its consumers; (3) since 2011, Global Payments failed to properly monitor its subsidiary from engaging in such unlawful conduct, detect and stop the misconduct, and identify and remediate harmed consumers; (4) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; and (5) Global Payments' revenues were in part the product of Active Network's unlawful conduct and thus unsustainable.

Caribou Biosciences, Inc. (NASDAQ:CRBU)
Class Period: July 23, 2021 - December 9, 2022

Deadline: April 11, 2023
For more info:www.bgandg.com/crbu.

The Complaint alleges the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, the Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (1) CB-010's treatment effect was not as durable as Defendants had led investors to believe; (2) accordingly, CB-010's clinical and commercial prospects were overstated; and (3) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.

Kornit Digital Ltd. (NASDAQ:KRNT)
Class Period: February 17, 2021 - July 5, 2022

Deadline: April 17, 2023
For more info:www.bgandg.com/krnt.

The Complaint alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Kornit and its senior executives knew or, at a minimum, recklessly disregarded, that the Company's digital printing business was beset by significant quality control problems and deficient customer service; (2) as a result, Kornit was more vulnerable to pressure from competitors than it had represented and lacked the competitive advantages it touted to investors; (3) as a result, problems and deficiencies caused Kornit to lose market share to competitors, which led to a decline in the Company's revenues, as Kornit's dissatisfied customers sought out alternative options for their digital printing needs; and (4) to the extent that the Company purported to warn of risks regarding quality and customer service issues as well as increased competition, Kornit failed to disclose that such risks had already materialized. When the true details entered the market, the lawsuit claims that investors suffered damages.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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