NEW YORK, NY / ACCESSWIRE / August 21, 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.
The GEO Group, Inc. (NYSE:GEO)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/the-geo-group-inc-loss-submission-form?prid=8754&wire=1
Lead Plaintiff Deadline: September 8, 2020
Class Period: February 27, 2020 – June 16, 2020
Allegations against GEO include that: (i) GEO Group maintained woefully ineffective COVID-19 response procedures; (ii) those inadequate procedures subjected residents of the Company’s halfway houses to significant health risks; (iii) accordingly, the Company was vulnerable to significant financial and/or reputational harm; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
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=8754&wire=1
Lead Plaintiff Deadline: September 21, 2020
Class Period: August 2, 2017 – June 29, 2020
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.
Guidewire Software, Inc. (NYSE:GWRE)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/guidewire-software-inc-loss-submission-form?prid=8754&wire=1
Lead Plaintiff Deadline: September 23, 2020
Class Period: March 6, 2019 – March 4, 2020
Allegations against GWRE include that: (1) that the Company’s transition to the cloud was not going well; (2) that Guidewire’s cloud-based products needed to be improved to meet customer needs and catch up with rival systems; (3) that the Company’s failed transition to the cloud was also hurting Guidewire’s traditional on-premise business; and (4) as a result, Guidewire’s revenue guidance, including guidance principally based on significantly increasing demand for the Company’s cloud-based products, was baseless and unattainable.
To learn more contact Vincent Wong, Esq. either via email firstname.lastname@example.org 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.
Vincent Wong, Esq.
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SOURCE: The Law Offices of Vincent Wong