NEW YORK, NY / ACCESSWIRE / April 13, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Luckin Coffee Inc. (NASDAQ:LK)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/luckin-coffee-inc-loss-submission-form?prid=6018&wire=1
Lead Plaintiff Deadline: April 13, 2020
Class Period: May 17, 2019 to April 2, 2020
Allegations against LK include that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Six Flags Entertainment Corporation (NYSE:SIX)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/six-flags-entertainment-corporation-loss-submission-form?prid=6018&wire=1
Lead Plaintiff Deadline: April 13, 2020
Class Period: April 25, 2018 to February 19, 2020
Allegations against SIX include that: (1) Riverside Investment Group Co. Ltd. ("Riverside"), the Chinese real estate developer with which Six Flags partnered, faced far more financial distress than disclosed to investors; (2) as a result, there was a high likelihood that Riverside would default on its payment obligations to the Company; (3) the Company's international strategy, which relied predominantly on its exclusive agreements with Riverside to develop Six Flags-branded parks in China to drive revenue growth, was significantly less promising than represented to investors; and (4) as a result of the foregoing, Defendants' statements about the Company's business, operations and prospects lacked a reasonable basis.
Liberty Oilfield Services, Inc. (NYSE:LBRT)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/liberty-oilfield-services-inc-loss-submission-form?prid=6018&wire=1
Lead Plaintiff Deadline: June 2, 2020
Class Period: securities pursuant and/or traceable to the documents issued in connection with the Company's January 2018 initial public offering.
Allegations against LBRT include that: (1) there was an oversupply in the hydraulic fracturing services market; (2) the Company's pricing power was weak; (3) Liberty's services were not increasing and its competition was not decreasing; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
To learn more, contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
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