LAWSUITS FILED AGAINST EH, REGI and CYDY - Jakubowitz Law Pursues Shareholders Claims

ACCESSWIRE2021-04-19

NEW YORK, NY / ACCESSWIRE / April 19, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies ...

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Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.\nEhang Holdings Limited (NASDAQ:EH)\nCONTACT JAKUBOWITZ ABOUT EH:https://claimyourloss.com/securities/ehang-holdings-limited-loss-submission-form/?id=14829&from=1\nClass Period : December 12, 2019 - February 16, 2021\nLead Plaintiff Deadline : April 19, 2021\nThe filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's purported regulatory approvals in Europe and North American for its EH216 were for use as a drone, and not for carrying passengers; (ii) its relationship with its purported primary customer is a sham; (iii) EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (iv) the Company's manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.\nRenewable Energy Group, Inc. (NASDAQ:REGI)\nCONTACT JAKUBOWITZ ABOUT REGI:https://claimyourloss.com/securities/renewable-energy-group-inc-loss-submission-form/?id=14829&from=1\nClass Period : May 3, 2018 - February 25, 2021\nLead Plaintiff Deadline : May 3, 2021\nThe filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company's customers; (2) as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) as a result, Renewable Energy's revenue and net income were overstated for certain periods; (4) there was a material weakness in the Company's internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; 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.\nCytoDyn Inc. (OTCQB:CYDY)\nCONTACT JAKUBOWITZ ABOUT CYDY:https://claimyourloss.com/securities/cytodyn-inc-loss-submission-form/?id=14829&from=1\nClass Period : March 27, 2020 - March 9, 2021\nLead Plaintiff Deadline : May 17, 2021\nThe filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: CytoDyn securities were actively traded over the counter (OTC) in the United States. While the exact number of Class members is unknown to Plaintiff at this time and can be ascertained only through appropriate discovery, Plaintiff believes that there are hundreds or thousands of members in the proposed Class. Record owners and other members of the Class may be identified from records maintained by CytoDyn or its transfer agent and/or OTC Markets and may be notified of the pendency of this action by mail, using the form of notice similar to that customarily used in securities class actions.\n\nJakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.\nCONTACT:\nJAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887\nSOURCE: Jakubowitz Law\n\nView source version on accesswire.com: \n\nhttps://www.accesswire.com/641066/LAWSUITS-FILED-AGAINST-EH-REGI-and-CYDY--Jakubowitz-Law-Pursues-Shareholders-Claims","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2128899847"}