Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

U.S. BANCORP INVESTORS: 12/27/22 Filing Deadline in Securities Class Action – Contact Lieff Cabraser

National plaintiffs law firm Lieff Cabraser Heimann & Bernstein, LLP recommends that U.S. Bancorp (or the “Company”) investors who suffered losses from purchasing or otherwise acquiring U.S. Bancorp securities (NYSE: USB) between August 1, 2019 and July 28, 2022 contact our attorneys immediately regarding pending securities fraud class action against U.S. Bancorp. The deadline to apply to be a lead plaintiff is December 27, 2022.

Class Period: August 1, 2019 – July 28, 2022

Lead Plaintiff Motion Deadline: December 27, 2022

Case information: lieffcabraser.com/securities/us-bancorp/

Contact us: Email or text investorinfo@lchb.com or call 1-800-541-7358

The securities class action alleges that U.S. Bancorp made materially false and misleading statements and failed to disclose that the Company’s subsidiary, U.S. Bank, secretly and improperly pressured its employees to open sham accounts for consumers, thereby exposing the Company to significant risk of regulatory scrutiny and actions.

On July 28, 2022, the Consumer Financial Protection Bureau issued a Consent Order and fined U.S. Bank $37.5 million for opening unauthorized accounts in consumers’ names, without their consent or knowledge. On this news, the price of U.S. Bancorp shares fell $2.09, or 4.34%, to close at $46.12 per share on July 28, 2022, on elevated trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with over 120 attorneys in offices in San Francisco, New York, Nashville, and Munich, Germany, is an internationally-recognized law firm committed to advancing the rights of investors and promoting corporate responsibility. Recognized as a “Plaintiffs’ Powerhouse” by Law360, Lieff Cabraser has litigated some of the most important civil cases in the United States, and has assisted clients in recovering over $127 billion in verdicts and settlements. For over 50 years, Lieff Cabraser has remained committed to ensuring access to justice for all.

U.S. BANCORP INVESTORS: 12/27/22 Filing Deadline in Securities Class Action – Contact Lieff Cabraser

Contacts

Sharon M. Lee

Lieff Cabraser Heimann & Bernstein, LLP

Telephone: 1-800-541-7358

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