July 26, 2021 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / July 26, 2021 / 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.
Virgin Galactic Holdings, Inc. /zigman2/quotes/208333884/composite SPCE -2.15%
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/virgin-galactic-holdings-inc-loss-submission-form?prid=17977&wire=1
Lead Plaintiff Deadline: July 27, 2021
Class Period: October 26, 2019 - April 30, 2021
Allegations against SPCE include that: (i) for accounting purposes, Social Capital Hedosophia Holdings Corp.'s ("SCH") warrants were required to be treated as liabilities rather than equities; (ii) Virgin Galactic had deficient disclosure controls and procedures and internal control over financial reporting; (iii) as a result, the Company improperly accounted for SCH warrants that were outstanding at the time of the business combination; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Home Point Capital Inc. /zigman2/quotes/224262404/composite HMPT +1.78%
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/home-point-capital-inc-loss-submission-form?prid=17977&wire=1
Lead Plaintiff Deadline: August 20, 2021
This lawsuit is on behalf of all persons and entities other than Defendants that purchased or otherwise acquired Home Point common stock pursuant and/or traceable to the Company's January 29, 2021 initial public offering.
Allegations against HMPT include that: (i) Home Point's aggressive expansion of its broker partners would dramatically increase the Company's expenses; (ii) the mortgage industry was anticipating industry-wide decreased gain-on-sale margins as a result of rising interest rates in 2021 and Home Point would be subject to the same competitive pressures; (iii) accordingly, the Company had overstated its business and financial prospects; and (iv) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.
Piedmont Lithium Inc. /zigman2/quotes/203176788/composite PLL +2.32%
If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=17977&wire=1
Lead Plaintiff Deadline: September 21, 2021
Class Period: March 16, 2018 - July 19, 2021
Allegations against PLL include that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
To learn more contact Vincent Wong, Esq. either via email email@example.com or by telephone at 212.425.1140.