Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries LAWSUITS FILED AGAINST QFIN, LOTZ and OTLY - Jakubowitz Law Pursues Shareholders Claims By: Jakubowitz Law via AccessWire September 02, 2021 at 12:40 PM EDT NEW YORK, NY / ACCESSWIRE / September 2, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. 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.360 DigiTech, Inc. (NASDAQ:QFIN)CONTACT JAKUBOWITZ ABOUT QFIN:https://claimyourloss.com/securities/360-digitech-inc-loss-submission-form/?id=19301&from=1Class Period : April 29, 2021 - July 7, 2021Lead Plaintiff Deadline : September 13, 2021The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had been collecting personal information in violation of relevant People's Republic of China laws and regulations; (ii) accordingly, 360 DigiTech was exposed to an increased risk of regulatory scrutiny and/or enforcement action; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.CarLotz, Inc. (NASDAQ:LOTZ)CONTACT JAKUBOWITZ ABOUT LOTZ:https://claimyourloss.com/securities/carlotz-inc-loss-submission-form/?id=19301&from=1Class Period : December 30, 2020 - May 25, 2021Lead Plaintiff Deadline : September 7, 2021The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) due to a surge in inventory during the second half of fiscal 2020, CarLotz was experiencing a "logjam" resulting in slower processing and higher days to sell; (2) as a result, the Company's gross profit per unit would be negatively impacted; (3) to minimize returns to the corporate vehicle sourcing partner responsible for more than 60% of CarLotz's inventory, the Company was offering aggressive pricing; (4) as a result, CarLotz's gross profit per unit forecast was likely inflated; (5) this Company's corporate vehicle sourcing partner would likely pause consignments to the Company due to market conditions, including increasing wholesale prices; and (6) 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.Oatly Group AB (NASDAQ:OTLY)CONTACT JAKUBOWITZ ABOUT OTLY:https://claimyourloss.com/securities/oatly-group-ab-loss-submission-form/?id=19301&from=1Class Period : May 20, 2021 - July 15, 2021Lead Plaintiff Deadline : September 24, 2021The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) Oatly overinflated its gross margins, revenue, capital expenditure, and market share financial metrics; (b) the Company overstated its sustainability practices and impact; (c) the Company exaggerated its growth in China; and (c) as a result of the foregoing, Oatly's statements about its operations, business, and prospects were misleading during the Class Period.Jakubowitz 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.CONTACT:JAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887SOURCE: Jakubowitz Law View source version on accesswire.com: https://www.accesswire.com/662578/LAWSUITS-FILED-AGAINST-QFIN-LOTZ-and-OTLY--Jakubowitz-Law-Pursues-Shareholders-Claims Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
LAWSUITS FILED AGAINST QFIN, LOTZ and OTLY - Jakubowitz Law Pursues Shareholders Claims By: Jakubowitz Law via AccessWire September 02, 2021 at 12:40 PM EDT NEW YORK, NY / ACCESSWIRE / September 2, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. 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.360 DigiTech, Inc. (NASDAQ:QFIN)CONTACT JAKUBOWITZ ABOUT QFIN:https://claimyourloss.com/securities/360-digitech-inc-loss-submission-form/?id=19301&from=1Class Period : April 29, 2021 - July 7, 2021Lead Plaintiff Deadline : September 13, 2021The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had been collecting personal information in violation of relevant People's Republic of China laws and regulations; (ii) accordingly, 360 DigiTech was exposed to an increased risk of regulatory scrutiny and/or enforcement action; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.CarLotz, Inc. (NASDAQ:LOTZ)CONTACT JAKUBOWITZ ABOUT LOTZ:https://claimyourloss.com/securities/carlotz-inc-loss-submission-form/?id=19301&from=1Class Period : December 30, 2020 - May 25, 2021Lead Plaintiff Deadline : September 7, 2021The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) due to a surge in inventory during the second half of fiscal 2020, CarLotz was experiencing a "logjam" resulting in slower processing and higher days to sell; (2) as a result, the Company's gross profit per unit would be negatively impacted; (3) to minimize returns to the corporate vehicle sourcing partner responsible for more than 60% of CarLotz's inventory, the Company was offering aggressive pricing; (4) as a result, CarLotz's gross profit per unit forecast was likely inflated; (5) this Company's corporate vehicle sourcing partner would likely pause consignments to the Company due to market conditions, including increasing wholesale prices; and (6) 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.Oatly Group AB (NASDAQ:OTLY)CONTACT JAKUBOWITZ ABOUT OTLY:https://claimyourloss.com/securities/oatly-group-ab-loss-submission-form/?id=19301&from=1Class Period : May 20, 2021 - July 15, 2021Lead Plaintiff Deadline : September 24, 2021The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) Oatly overinflated its gross margins, revenue, capital expenditure, and market share financial metrics; (b) the Company overstated its sustainability practices and impact; (c) the Company exaggerated its growth in China; and (c) as a result of the foregoing, Oatly's statements about its operations, business, and prospects were misleading during the Class Period.Jakubowitz 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.CONTACT:JAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887SOURCE: Jakubowitz Law View source version on accesswire.com: https://www.accesswire.com/662578/LAWSUITS-FILED-AGAINST-QFIN-LOTZ-and-OTLY--Jakubowitz-Law-Pursues-Shareholders-Claims