NEW YORK, NY / ACCESSWIRE / January 18, 2022 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.
Owlet, Inc. f/k/a Sandbridge Acquisition Corporation (NYSE:OWLT)
Investors Affected : March 31, 2021 – October 4, 2021
A class action has commenced on behalf of certain shareholders in Owlet, Inc f/k/a Sandbridge Acquisition Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Owlet was reasonably likely to be required to obtain marketing authorization for the Smart Sock because the Food and Drug Administration concluded it was a medical device; (2) as a result, Owlet was reasonably likely to cease commercial distribution of the Smart Sock in the U.S. until it obtained the requisite approval; and (3) 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.
Shareholders may find more information at https://securitiesclasslaw.com/securities/owlet-inc-f-k-a-sandbridge-acquisition-corporation-loss-submission-form-2/?id=22219&from=1
Marathon Digital Holdings, Inc. f/k/a Marathon Patent Group, Inc. (NASDAQ:MARA)
Investors Affected : October 13, 2020 – November 15, 2021
A class action has commenced on behalf of certain shareholders in Marathon Digital Holdings, Inc f/k/a Marathon Patent Group, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Beowulf Joint Venture, as it related to the Hardin Facility, implicated potential regulatory violations, including U.S. securities law violations; (ii) as a result, the Beowulf Joint Venture subjected Marathon to a heightened risk of regulatory scrutiny; (iii) the foregoing was reasonably likely to have a material negative impact on the Company’s business and commercial prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/marathon-digital-holdings-inc-f-k-a-marathon-patent-group-inc-loss-submission-form/?id=22219&from=1
First Solar, Inc. (NASDAQ:FSLR)
This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of First Solar common stock between February 22, 2019, and February 20, 2020, inclusive.
A class action has commenced on behalf of certain shareholders in First Solar, Inc. According to the filed complaint, defendants made repeated misrepresentations to investors regarding the development of First Solar’s newest “Series 6” solar module, the cost per unit it could achieve with that module, and the impact the changeover to this new product would have on the viability of its other business segments. As a result of defendants’ misrepresentations, First Solar common stock traded at artificially inflated prices during the class period.
Shareholders may find more information at https://securitiesclasslaw.com/securities/first-solar-inc-loss-submission-form/?id=22219&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (212) 537-9430
Fax: (833) 862-7770
SOURCE : The Gross Law Firm
View source version on accesswire.com:
https://www.accesswire.com/684412/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-OWLT-MARA-and-FSLR
