Tag: Cruz

The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against LOOP Industries, Inc.

LOS ANGELES–(BUSINESS WIRE)–Oct 14, 2020–

The Law Offices of Frank R. Cruz announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York captioned Tremblay v. Loop Industries, Inc., et al., (Case No. 1:20-cv-08538) on behalf of persons and entities that purchased or otherwise acquired Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ: LOOP ) securities between September 24, 2018 and October 12, 2020, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who suffered a loss, click here to participate.

Loop is a technology company that purports to own proprietary technology that depolymerizes no- and low-waste PET plastic and polyester fiber. The resulting material is used to create PET resin for food-grade packaging.

On October 13, 2020, Hindenburg

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Cruz leaves British Airways with unfinished business | Analysis

Ultimately it perhaps is not that surprising that the stepping down of IAG’s long-term group chief executive Willie Walsh should be followed by the departure of British Airways chief executive Alex Cruz.

Walsh stepped down as leader of BA parent IAG in September, after delaying his initial departure to help steer the group through the height of the pandemic.

Today IAG has announced the more hurried depature of Cruz, who will be replaced by Aer Lingus chief executive – and former BA executive – Sean Doyle. IAG says the move takes immediate effect – leaving corporate affairs chief Donal Moriarty in temporary charge of the Irish carrier while a successor for Doyle is found.

Alex-Cruz-BA-c-BillyPix

Walsh was a strong backer of former Vueling chief executive Cruz, whom he chose to succeed Keith Williams at the helm of BA in late 2016. Cruz came with a strong reputation as a modernising leader

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DEADLINE ALERT for FENC, POR, HDB, and UPLCQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders .

 The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected]

Fennec Pharmaceuticals Inc.
Class Period: February 11, 2020 – August 10, 2020
Lead Plaintiff Deadline: November 2, 2020

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the manufacturing facilities for PEDMARK, the Company’s sole product candidate, did not comply with current

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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cabot Oil & Gas Corporation (COG)

The Law Offices of Frank R. Cruz reminds investors of the upcoming October 13, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Cabot Oil & Gas Corporation (“Cabot Oil” or “the Company”) (NYSE: COG) securities between October 23, 2015 and June 12, 2020, inclusive (the “Class Period”).

If you are a shareholder who suffered a loss, click here to participate.

On July 26, 2019, the Company disclosed that it had received two proposed Consent Order and Agreements related to two Notices of Violation it had received from the Pennsylvania Department of Environmental Protection in 2017 for failure to prevent the migration of gas into fresh groundwater sources in the area surrounding Susquehanna County, Pennsylvania.

On this news, the Company’s share price fell $2.63, or over 12%, to close at $19.16 per share on July 26, 2019.

On June 15,

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The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Mesoblast Limited (MESO)

The Law Offices of Frank R. Cruz announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Kristal v. Mesoblast Limited, et al., (Case No. 1:20-cv-08430), on behalf of persons and entities that purchased or otherwise acquired Mesoblast Limited (“Mesoblast” or the “Company”) (NASDAQ: MESO) securities between April 16, 2019 and October 1, 2020, inclusive (the “Class Period”). Plaintiff pursues under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”)

If you are a shareholder who suffered a loss, click here to participate.

Mesoblast develops allogeneic cellular medicines using its proprietary mesenchymal lineage cell therapy platform. Its lead product candidate, RYONCIL (remestemcel-L), is an investigational therapy comprising mesenchymal stem cells derived from bone marrow. In February 2018, the Company announced that remestemcel-L met its primary endpoint in a Phase 3 trial

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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Aurora Cannabis, Inc. (ACB) Investors – Press Release

LOS ANGELES–(Business Wire)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Aurora Cannabis, Inc. (“Aurora” or the “Company”) (NYSE: ACB) securities between February 13, 2020 and September 4, 2020, inclusive (the “Class Period”). Aurora investors have until December 1, 2020 to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here to participate.

On September 8, 2020, the Company announced that it expected to record up to $1.8 billion in goodwill impairment charges in fourth quarter 2020. According to Aurora’s press release, these charges included “up to $90 million” in fixed asset impairment charges “due to production facility rationalization, and a charge of approximately $140 million in the carrying value of certain inventory, predominantly trim, in order to align inventory on hand with near term

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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Credit Acceptance Corporation (CACC) Investors

LOS ANGELES–(BUSINESS WIRE)–Oct 5, 2020–

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Credit Acceptance Corporation (“Credit Acceptance” or the “Company”) (NASDAQ: CACC ) common stock between November 1, 2019 and August 28, 2020, inclusive (the “Class Period”). Credit Acceptance investors have until December 1, 2020 to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here to participate.

On Friday, August 28, 2020, the Massachusetts Attorney General (“AG”) filed a complaint against Credit Acceptance alleging that the Company made unfair and deceptive auto loans to consumers and engaged in unfair debt collection practices. Among other things, the complaint alleged that, since 2013, Credit Acceptance topped off the pools of loans that it packaged and securitized with higher risk loans. It further alleged that

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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of LexinFintech Holdings Ltd. (LX) Investors

LOS ANGELES, Oct. 2, 2020 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired LexinFintech Holdings Ltd. (“LexinFintech” or the “Company”) (NASDAQ: LX) securities between April 30, 2019 and August 24, 2020,  inclusive (the “Class Period”). LexinFintech investors have until November 9, 2020 to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here to participate.

On August 25, 2020, Grizzly Research issued a report, alleging, among other things, that LexinFintech is “reporting artificially low delinquency rates by essentially giving borrowers who are already in default new funds to make payments” and that the Company engaged in undisclosed related party transactions. The report also questioned the Company’s purported growth, citing a review of LexinFintech’s web traffic.

On this news, the Company’s

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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Airbus SE (EADSY, EADSF)

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Airbus SE (EADSY, EADSF)

The Law Offices of Frank R. Cruz reminds investors of the upcoming upcoming October 5, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Airbus SE (“Airbus” or the “Company”) (OTC: EADSY, EADSF) securities between February 24, 2016, and July 30, 2020, inclusive (the “Class Period”).

If you are a shareholder who suffered a loss, click here to participate.

On March 15, 2020, The Wall Street Journal reported that, according to internal documents related to the Company’s $4 billion bribery settlement, Airbus executives had previously raised red flags about fees paid to a number of middlemen working with its helicopter division, which was led at the time by the now-Chief Executive Officer, that may have violated global bribery

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DEADLINE ALERT for WRTC, GLNG, GTX, and GTXMQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

LOS ANGELES, Oct. 02, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.  Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected]

Wrap Technologies, Inc. (NASDAQ: WRTC)
Class Period: July 31, 2020 – September 23, 2020
Lead Plaintiff Deadline: November 23, 2020

The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company had concealed the results of the LAPD BolaWrap

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