Complaint

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Upstart Holdings, Inc. with Losses of $100,000 to Contact the Firm

Retrieved on: 
Tuesday, May 17, 2022 - 1:47pm

Investors who purchased the Company's securities between November 9, 2021 and May 9, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before July 12, 2022.

Key Points: 
  • Investors who purchased the Company's securities between November 9, 2021 and May 9, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before July 12, 2022.
  • If you are a shareholder who suffered a loss, click here to participate .
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Axsome Therapeutics, Inc. with Losses of $500,000 to Contact the Firm

Retrieved on: 
Tuesday, May 17, 2022 - 1:44pm

Investors who purchased the Company's securities between December 30, 2019 and April 22, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before July 12, 2022.

Key Points: 
  • Investors who purchased the Company's securities between December 30, 2019 and April 22, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before July 12, 2022.
  • If you are a shareholder who suffered a loss, click here to participate .
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Shareholder Alert: Robbins LLP informs Shareholders of Class Action Against Oscar Health, Inc.  

Retrieved on: 
Tuesday, May 17, 2022 - 8:21am

The Class: Shareholder rights law firm Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Oscar Health, Inc. (NYSE: OSCR) securities pursuant to the Company's March 2021 initial public offering ("IPO").

Key Points: 
  • The Class: Shareholder rights law firm Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Oscar Health, Inc. (NYSE: OSCR) securities pursuant to the Company's March 2021 initial public offering ("IPO").
  • Oscar Health is a health insurance company that claims to be the first company "built around a full stack technology platform."
  • If you would like more information about Oscar Health, Inc.'s misconduct, click here .
  • Specifically, it omitted to state that Oscar was experiencing growing COVID-19 testing and treatment costs as well as growing net COVID-19 costs.

The International Union of Operating Engineers, Local 501: NLRB Files Complaint Against Resorts World Las Vegas Over Unlawful Anti-Union Conduct

Retrieved on: 
Tuesday, May 17, 2022 - 11:04am

The National Labor Relations Board (NLRB) issued a complaint against Resorts World Las Vegas, alleging that company management committed numerous violations of federal labor law in an effort to dissuade over 100 facilities maintenance workers and gaming technicians from forming a union with International Union of Operating Engineers, Local 501.

Key Points: 
  • The National Labor Relations Board (NLRB) issued a complaint against Resorts World Las Vegas, alleging that company management committed numerous violations of federal labor law in an effort to dissuade over 100 facilities maintenance workers and gaming technicians from forming a union with International Union of Operating Engineers, Local 501.
  • As an appropriate remedy to Resorts Worlds unlawful conduct, the NLRB is seeking an order requiring the company to bargain in good faith with the workers union, Local 501.
  • He continued, Resorts World Las Vegas management originally committed to union neutrality and made a pledge to work in good faith with their employees and Local 501, as they did with the Culinary and Bartenders unions.
  • The International Union of Operating Engineers, Local 501 represents over 2,000 tradespersons working in casinos in Las Vegas, Nevada.

Upstart Holdings, Inc. Investors: Class Action Lawsuit Filed to Recover Investors Losses; Portnoy Law Firm

Retrieved on: 
Tuesday, May 17, 2022 - 3:29am

LOS ANGELES, May 16, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Upstart Holdings, Inc. (NASDAQ: UPST) investors that a class action filed on behalf of investors that purchased Upstart Holdings shares and lost money are encouraged to contact the firm to discuss their legal rights.

Key Points: 
  • LOS ANGELES, May 16, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Upstart Holdings, Inc. (NASDAQ: UPST) investors that a class action filed on behalf of investors that purchased Upstart Holdings shares and lost money are encouraged to contact the firm to discuss their legal rights.
  • Investors are encouraged to contact attorney Lesley F. Portnoy ,by phone 844-767-8529 or email : lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com .
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.

Shareholder Alert: Did You Purchase Shares of Upstart Holdings, Inc. (UPST)? Robbins LLP Alerts Investors of Class Action Against Upstart Holdings, Inc.

Retrieved on: 
Tuesday, May 17, 2022 - 2:13am

If you would like more information about Upstart Holdings, Inc.'s misconduct, click here .

Key Points: 
  • If you would like more information about Upstart Holdings, Inc.'s misconduct, click here .
  • In addition, the Company was experiencing negative impact on its conversion rate and reasonably likely to use its balance sheet to fund loans.
  • On this news, the Company's stock price fell $43.52, or 56%, to close at $33.61 per share on May 10, 2022.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

UPSTART ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Upstart Holdings, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, May 17, 2022 - 2:00am

Investors have until July 12, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until July 12, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On May 9, 2022, after the market closed, Upstart announced its first quarter 2022 financial results in a press release.
  • Therein, the Company reduced its fiscal 2022 guidance, expecting revenue of approximately $1.25 billion and contribution margin of 48%.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

OSCAR ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Oscar Health, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, May 17, 2022 - 2:00am

Investors have until July 12, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until July 12, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • In March 2021, Oscar conducted its IPO, selling 36,391,946 shares of Class A common stock at a price of $39.00 per share.
  • The Company also disclosed that its net loss for the quarter was $73.1 million, an increase of $32.1 million year-over-year.
  • Then, on November 10, 2021, Oscar disclosed that its third quarter 2021 MLR increased 920 basis points year-over-year, to 99.7%.

IBM ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against International Business Machines Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, May 17, 2022 - 2:00am

Investors have until June 6, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 6, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Unbeknownst to the investing public, the Company had stopped and/or curtailed its improper conduct described below, which caused Company results to suffer.
  • The defendants in the case are IBM, Virginia M. Rometty, Martin J. Schroeter, James J. Kavanaugh and Arvind Krishna.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Upstart Holdings, Inc. with Losses of $100,000 to Contact the Firm

Retrieved on: 
Tuesday, May 17, 2022 - 12:10am

Investors who purchased the Company's securities between November 9, 2021 and May 9, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before July 12, 2022.

Key Points: 
  • Investors who purchased the Company's securities between November 9, 2021 and May 9, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before July 12, 2022.
  • If you are a shareholder who suffered a loss, click here to participate .
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.