June 03, 2020 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / June 3, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Tufin Software Technologies Ltd. /zigman2/quotes/210570935/composite TUFN -5.26% Affected investors purchased TUFN securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Tufin's April 2019 initial public offeringLead Plaintiff Deadline: June 5, 2020
During the class period, Tufin Software Technologies Ltd. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Tufin's customer relationships and growth metrics were overstated, particularly with respect to North America; (2) Tufin's business was deteriorating, primarily in North America; (3) as a result, Tufin's representations regarding its sustainable financial prospects were overly optimistic; and (4) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.
Learn about your recoverable losses in TUFN: http://www.kleinstocklaw.com/pslra-1/tufin-software-technologies-ltd-loss-submission-form?id=7115&from=1
eHealth, Inc. /zigman2/quotes/202600750/composite EHTH -2.11% Class Period: March 19, 2018 - April 7, 2020Lead Plaintiff Deadline: June 8, 2020
The complaint alleges that eHealth, Inc. issued materially false and/or misleading information and/or failed to disclose: (1) its highly aggressive accounting and modeling assumptions; (2) its skyrocketing rate of member churn, resulting from eHealth's pursuit of low quality, lossmaking growth; (3) its reliance on direct response television advertising, which attracts an unprofitable, high churn enrollee; and (4) that as a result of the foregoing, defendants' public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in EHTH: http://www.kleinstocklaw.com/pslra-1/ehealth-inc-loss-submission-form?id=7115&from=1
Fifth Third Bancorp /zigman2/quotes/207561596/composite FITB +1.06% Class Period: February 26, 2016 - March 6, 2020Lead Plaintiff Deadline: June 8, 2020
The FITB lawsuit alleges Fifth Third Bancorp made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) as a result of Fifth Third Bank's aggressive incentive policies to promote its cross-sell strategy, Fifth Third Bank employees engaged in unauthorized conduct with customer accounts; (ii) since at least 2008, Fifth Third Bank, and by extension, Fifth Third, was aware of such unauthorized conduct and, thus, that it was violating relevant regulations and laws aimed at protecting its consumers; (iii) Fifth Third failed to properly implement and monitor its cross-sell program, detect and stop misconduct, and identify and remediate harmed consumers; (iv) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (v) Fifth Third's revenues were in part the product of unlawful conduct and thus unsustainable; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in FITB: http://www.kleinstocklaw.com/pslra-1/fifth-third-bancorp-loss-submission-form?id=7115&from=1
Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
SOURCE: The Klein Law Firm
View source version on accesswire.com: https://www.accesswire.com/592631/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-TUFN-EHTH-and-FITB
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