SHAREHOLDER ALERT: ERII STAA POR: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
September 08, 2020 at 22:30 PM EDT
NEW YORK, NY / ACCESSWIRE / September 8, 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.
Energy Recovery, Inc. (NASDAQ:ERII)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/energy-recovery-inc-loss-submission-form?prid=9135&wire=1
Allegations against ERII include that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
Staar Surgical Company (NASDAQ:STAA)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/staar-surgical-company-loss-submission-form?prid=9135&wire=1
Allegations against STAA include that: the Company was overstating and/or mischaracterizing: (1) its sales and growth in China; (2) its marketing spend; (3) its research and development expenses; and that as a result of the foregoing, (4) Defendants' public statements were materially false and misleading at all relevant times.
Portland General Electric Company (NYSE:POR)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/portland-general-electric-company-loss-submission-form?prid=9135&wire=1
Allegations against POR include that: (1) PGE lacked effective internal controls over its energy trading practices; (2) PGE personnel had entered energy trades during 2020, with increasing volume accumulating late in the second quarter and into the third quarter, that created significant negative financial exposure for PGE; (3)as a result, the Company was reasonably likely to incur significant losses; and (4) 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.
To learn more contact Vincent Wong, Esq. either via email email@example.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.
SOURCE: The Law Offices of Vincent Wong
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