NEW YORK, NY / ACCESSWIRE / June 17, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
BIDU Shareholders Click Here: https://www.zlk.com/pslra-1/baidu-inc-information-request-form?prid=7388&wire=1
CONN Shareholders Click Here: https://www.zlk.com/pslra-1/conns-inc-information-request-form?prid=7388&wire=1
CCL Shareholders Click Here: https://www.zlk.com/pslra-1/carnival-corporation-loss-submission-form?prid=7388&wire=1
* ADDITIONAL INFORMATION BELOW *
Baidu, Inc. (NASDAQ:BIDU)
BIDU Lawsuit on behalf of: investors who purchased March 16, 2019 - April 7, 2020
Lead Plaintiff Deadline : June 22, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/baidu-inc-information-request-form?prid=7388&wire=1
According to the filed complaint, during the class period, Baidu, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Baidu's feed services were not in compliance with applicable Chinese regulatory standards; (ii) the foregoing noncompliance subjected the Company to a heightened risk of regulatory enforcement, including the removal or suspension of certain of Baidu's services and products; (iii) accordingly, the Company's revenues derived from online marketing services were unlikely to be sustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Conn's, Inc. (NASDAQ:CONN)
CONN Lawsuit on behalf of: investors who purchased September 3, 2019 - December 9, 2019
Lead Plaintiff Deadline : July 14, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/conns-inc-information-request-form?prid=7388&wire=1
According to the filed complaint, during the class period, Conn's, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Conn's was experiencing an increase in first payment defaults and 60-plus day delinquencies; (2) as a result, Conn's was reasonably likely to record an increase to its provision for bad debts; (3) the Company made certain underwriting adjustments, including tightening its standards for new customers and online applicants; (4) as a result, the Company's same-store sales would be adversely impacted; 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.
Carnival Corporation & Plc (NYSE:CCL)
CCL Lawsuit on behalf of: investors who purchased September 26, 2019 - May 1, 2020
Lead Plaintiff Deadline : July 27, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/carnival-corporation-loss-submission-form?prid=7388&wire=1
According to the filed complaint, during the class period, Carnival Corporation & Plc made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's medics were reporting increasing events of COVID-19 illness on the Company's ships; (2) Carnival was violating port of call regulations by concealing the amount and severity of COVID-19 infections on board its ships; (3) in responding to the outbreak of COVID-19, Carnival failed to follow the Company's own health and safety protocols developed in the wake of other communicable disease outbreaks; (4) by continuing to operate, Carnival ships were responsible for continuing to spread COVID-19 at various ports throughout the world; 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.
You have until the lead plaintiff deadlines to 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.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
View source version on accesswire.com:
https://www.accesswire.com/594179/CLASS-ACTION-UPDATE-for-BIDU-CONN-and-CCL-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders
