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View Complaint Frequently Asked Questions info@portnoylaw.com On June 25, 2020, analyst Hindenburg Research issued a series of tweets announcing Hindenburg's conclusion that Ideanomics, Inc."is an egregious & obvious fraud." Hindenburg asserted that it found evidence that Ideanomics "doctored photos in its PR to suggest it owns/operates" a facility, and that this "strikes us as a...

View Complaint Frequently Asked Questions info@portnoylaw.com The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Akazoo is the subject of a research report by Quintessential Capital published on April 20, 2020. The report describes the Company as a "castle of cards" because many aspects...

View Complaint Frequently Asked Questions info@portnoylaw.com The investigation focuses on whether The GEO Group misled investors concerning its regulatory and litigation risk in connection with the company's alleged lack of COVID-19 prevention measures. On June 17, 2020, The Intercept published an article entitled "GEO Group's Blundering Response to the Pandemic Helped Spread Coronavirus in Halfway Houses." The...

View Complaint Frequently Asked Questions info@portnoylaw.com The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Enphase Energy, Inc. ("Enphase" or the "Company") (NASDAQ: ENPH) securities between February 26, 2019 and June 17, 2020, inclusive (the "Class Period"). Enphase investors have until August 17, 2020 to seek appointment as...

View Complaint Frequently Asked Questions info@portnoylaw.com On June 18, 2020, the Company stunned investors by announcing that th need to further delay publication of its financial results, and revealing that about 1.9 billion euros ($2.1 billion) in cash has gone missing. The company warned loans up to 2 billion euros could be terminated if its...

View Complaint Frequently Asked Questions info@portnoylaw.com The lawsuit alleges that the Company misled investors regarding its FDA authorization for the Chembio Diagnostic System DPP COVID-19 IgM/IgG System, a SARS-CoV-2 antibody test (the “DPP Test”). On June 16, 2020, the U.S. Food and Drug Administration revoked the emergency use authorization of the DPP Test due to...

View Complaint Frequently Asked Questions info@portnoylaw.com The investigation focuses on whether Co-Diagnostics, Inc. through its officers misled investors regarding the reliability and accuracy of the company’s testing for COVID-19. Specifically, the investigation focuses on whether the company’s statements that its tests were 100% accurate in fact misled investors and improperly inflated the price of the...

View Complaint Frequently Asked Questions info@portnoylaw.com The Portnoy Law Firm advises Grubhub, Inc. (NYSE: GRUB) investors that the firm has initiated an investigation into whether the sale of Grubhub Inc. (NYSE:GRUB) to Just Eat Takeaway.com N.V. is fair to Grubhub shareholders. The Portnoy Law Firm may seek increased consideration for shareholders, additional disclosures and information...

View Complaint Frequently Asked Questions info@portnoylaw.com The investigation focuses on whether Townsquare Media misled investors regarding its compliance with proper accounting practices. On June 9, 2020, Townsquare Media disclosed that it would report an impairment charge of approximately $39.4 million for its licenses and an impairment charge of approximately $69.0 million for its goodwill. The...

View Complaint Frequently Asked Questions info@portnoylaw.com This is a class action on behalf of persons or entities who purchased or otherwise acquired publicly traded Casper securities in or traceable to the Company’s public offering conducted on or around February 7, 2020 (the “IPO”). The lawsuit alleges that the Company misled investors regarding the strength of...