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INVESTOR ALERT: ACB & REAL: Bronstein, Gewirtz & Grossman LLC Reminds Investors With Losses Exceeding $100K of Class Action Deadlines

Tuesday, 14 January 2020 10:27 AM

Bronstein, Gewirtz and Grossman, LLC

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / January 14, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can 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. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Aurora Cannabis Inc. (NYSE:ACB)

Class Period: October 23, 2018 - January 6, 2020

Deadline: January 21, 2019
For more info: www.bgandg.com/acb

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Aurora Cannabis Inc. ("Aurora" or the "Company")revenue would decline in its first quarter of fiscal 2020 ended September 30, 2019; (2) the Company would halt construction on its Aurora Nordic 2 and Aurora Sun facilities; and (3) due to the foregoing, defendants' statements about Aurora's receivables, business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

The RealReal, Inc. (NASDAQ:REAL)

Class Period: RealReal securities pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's June 2019 initial public offering ("IPO" or the "Offering")

Deadline: January 24, 2019
For more info: www.bgandg.com/real

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) that the Company's employees received little training on how to spot fake items; (2) that the Company's strict quotas on its employees exacerbated product authentication issues; (3) that consequently, the potential for counterfeit or mislabeled items to make it through Company's authentication process was higher than disclosed; and (4) that, as a result, defendants' statements about RealReal's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Lawsuits
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