Emerging Technology

CLASS ACTION UPDATE for FB, VLTA and LCID: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you

FB Shareholders Click Here: https://www.zlk.com/pslra-1/meta-platforms-inc-loss-submission-form?prid=25529&wire=1
VLTA Shareholders Click Here: https://www.zlk.com/pslra-1/volta-inc-loss-submission-form?prid=25529&wire=1
LCID Shareholders Click Here: https://www.zlk.com/pslra-1/lucid-group-inc-loss-submission-form?prid=25529&wire=1

* ADDITIONAL INFORMATION BELOW *

Meta Platforms, Inc. (NASDAQ:FB)

FB Lawsuit on behalf of: investors who purchased March 2, 2021 - February 2, 2022
Lead Plaintiff Deadline : May 9, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/meta-platforms-inc-loss-submission-form?prid=25529&wire=1

According to the filed complaint, during the class period, Meta Platforms, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Apple's iOS privacy changes were having a material impact on Meta's ability to provide the kind of targeted advertising that its customers wanted and, as a result, customer ad spending was dropping precipitously; (2) Meta's mitigation efforts were either not properly implemented or ineffective; (3) measurement of ads was not accurate as mitigation efforts were failing; and (4) Meta did not have a plan in place to properly address the impact of the iOS privacy changes.

Volta Inc. (NYSE:VLTA)

VLTA Lawsuit on behalf of: investors who purchased August 2, 2021 - March 28, 2022
Lead Plaintiff Deadline : May 31, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/volta-inc-loss-submission-form?prid=25529&wire=1

According to the filed complaint, during the class period, Volta Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the business combination of Volta Industries, Inc. ("Legacy Volta") and Tortoise Acquisition Corp. II; (2) as a result, the Company had understated its net loss for third quarter 2021; (3) there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, the Company would restate its financial statements; (5) as a result of the foregoing, Legacy Volta's founders would imminently exit the Company; (6) as a result, the Company's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Lucid Group, Inc. (NASDAQ:LCID)

This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
Lead Plaintiff Deadline : May 31, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/lucid-group-inc-loss-submission-form?prid=25529&wire=1

The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/695925/CLASS-ACTION-UPDATE-for-FB-VLTA-and-LCID-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

News Provided by ACCESSWIRE IA via QuoteMedia

FB
Green Technology Metals

Drilling Commences At Second Key Lithium Project In Ontario

Green Technology Metals Limited (ASX: GT1) (GT1 or the Company) is pleased to advise that drilling has commenced at its Root Project, located approximately 200 km west-north-west of GT1’s flagship Seymour Project. Drilling is initially focussed on the McCombe LCT pegmatite.

Keep reading...Show less
FireFox Gold Provides an Exploration Update on its Sarvi and Mustajärvi Projects, Lapland, Finland

FireFox Gold Provides an Exploration Update on its Sarvi and Mustajärvi Projects, Lapland, Finland

FireFox Gold Corp. (TSXV:FFOX) (OTCQB:FFOXF) ("FireFox" or the "Company") is pleased to provide an update on exploration at its 100%-controlled Sarvi and Mustajärvi gold projects in Lapland, Finland. FireFox has drilled approximately 8,319m of diamond core to date in the 2021-2022 drill program on the Jeesiö, Mustajärvi, and Sarvi Projects, including the first 12 holes at Sarvi. This release includes a summary of drill results from the first five widely spaced holes across the northern section of the Sarvi target area (See Figure 1: https:bit.ly3MU7CQR

This program also includes new drilling at the Mustajärvi Project, where possible extensions to the high-grade shear-zone-hosted gold mineralization have been tested at the East Target and Gabbro Target. The new drilling includes 10 holes, five holes at the East Target and five holes at the Gabbro Target. Results are pending for all of these recent holes.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
dgtl

DGTL Holdings Inc. Builds Strong Portfolio in Digital Media, Martech

NetworkNewsAudio DGTL Holdings Inc. (TSX.V: DGTL) (OTCQB: DGTHF) announces the availability of a broadcast titled, "Parabolic Growth Curve in Digital Media, Martech Sector Has Tech SPACS and Small Caps Booming."

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
CSE:LXX

Lexaria Provides Strategic Update from CEO

Lexaria Bioscience Corp. (OTCQX:LXRP, CSE:LXX) (the “Company” or “Lexaria”), a global innovator in drug delivery platforms, announces the following strategic update. (This is a shortened version of the full Strategic Update from the CEO. For the full version, please go to www.lexariabioscience.com/news/)

“Lexaria’s brightest days lie in the future, not in the past,” said Chris Bunka, Chief Executive Officer of Lexaria Bioscience Corp. Lexaria achieved many things during 2019 – indeed, management feels that it achieved virtually all that it had set out to accomplish and it was its best year ever from an operational perspective. Market forces caused a retreat in valuations across the sector to the point where Mr. Bunka commented that “It is my own opinion that Lexaria shares are dramatically undervalued – more so today than at any time in our history.”

Keep reading...Show less
CSE:LXX

Lexaria’s Appoints Former Altria Group Senior Executive and Operating Company Chief to Board of Directors

Lexaria Bioscience Corp. (OTCQX:LXRP) (CSE:LXX) (the “Company” or “Lexaria”), a global innovator in drug delivery platforms, is pleased to announce the appointment of Mr. Brian Quigley to its board of directors. Mr. Quigley most recently spent 16 years at Altria Group, with 7 of those years spent as President and Chief Executive Officer for U.S. Smokeless Tobacco and Nu-Mark, Altria’s innovation company, during the time that the existing business relationship between Altria and Lexaria was negotiated.

Mr. Quigley is a 20-year Consumer Packaged Goods veteran of managing complex regulatory environments including for novel and innovative nicotine products, with additional deep experience with operations and marketing. In his time at Altria, Mr. Quigley spearheaded harm reduction strategies and worked to deliver results by creating change in the tobacco business in North America. Mr. Quigley has launched dozens of new products, created consumer-focused innovation strategies, and built businesses and cultures that deliver results.

Keep reading...Show less

BlackBerry's Inaugural Quarterly Threat Intelligence Report Reveals Threat Actors Launch One Malicious Threat Every Minute

Report Identifies 1.75m Cyberattacks Were Stopped by BlackBerry in the Last 90 Days

BlackBerry Limited (NYSE: BB; TSX : BB) today released its Global Threat Intelligence Report highlighting the volume and model of threats across a range of organizations and regions, including industry-specific attacks targeting the automotive and manufacturing, healthcare and financial sectors. After the success and continued demand for its annual threat report, BlackBerry has switched to a quarterly cadence to match the speed adversaries evolve to provide a more holistic view of the threat landscape, helping businesses to prepare and protect themselves accordingly.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

BlackBerry's Inaugural Quarterly Threat Intelligence Report Reveals Threat Actors Launch One Malicious Threat Every Minute

Report Identifies 1.75m Cyberattacks Were Stopped by BlackBerry in the Last 90 Days

BlackBerry Limited (NYSE: BB; TSX : BB) today released its Global Threat Intelligence Report highlighting the volume and model of threats across a range of organizations and regions, including industry-specific attacks targeting the automotive and manufacturing, healthcare and financial sectors. After the success and continued demand for its annual threat report, BlackBerry has switched to a quarterly cadence to match the speed adversaries evolve to provide a more holistic view of the threat landscape, helping businesses to prepare and protect themselves accordingly.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Apple builds on privacy commitment by unveiling new education and awareness efforts on Data Privacy Day

In celebration of Data Privacy Day, Apple® today unveiled a new set of educational resources designed to help users take control of their data.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005418/en/

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

BlackBerry Announces First OpenChain Security Assurance Specification Conformance in the Americas

New Certification Strengthens BlackBerry's Software Supply Chain and Provides Customers Another Layer of Security

BlackBerry Limited (NYSE: BB; TSX : BB) today announced it is the first business in the Americas to gain the OpenChain Security Assurance Specification a best-in-class validation of the company's ability to manage open-source vulnerabilities and risks as part of its software supply chain, with a view to providing a higher level of security assurance for customers.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

BlackBerry Announces First OpenChain Security Assurance Specification Conformance in the Americas

New Certification Strengthens BlackBerry's Software Supply Chain and Provides Customers Another Layer of Security

BlackBerry Limited (NYSE: BB; TSX : BB) today announced it is the first business in the Americas to gain the OpenChain Security Assurance Specification a best-in-class validation of the company's ability to manage open-source vulnerabilities and risks as part of its software supply chain, with a view to providing a higher level of security assurance for customers.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

BlackBerry Announces First OpenChain Security Assurance Specification Conformance in the Americas

New Certification Strengthens BlackBerry's Software Supply Chain and Provides Customers Another Layer of Security

BlackBerry Limited (NYSE: BB; TSX : BB) today announced it is the first business in the Americas to gain the OpenChain Security Assurance Specification a best-in-class validation of the company's ability to manage open-source vulnerabilities and risks as part of its software supply chain, with a view to providing a higher level of security assurance for customers.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×