NEW YORK, NY / ACCESSWIRE / January 27, 2022 / Levi & Korsinsky, LLP notifies shareholders of the following companies of pending class action lawsuits:
iQIYI, Inc. ("iQIYI") (NASDAQ:IQ)
Baidu, Inc. ("Baidu") (NASDAQ:BIDU)
Discovery, Inc. ("Discovery") (NASDAQ:DISCA)
If you purchased shares of any of these companies between March 22, 2021 and March 29, 2021 and incurred a loss, you may be entitled to compensation without payment of any out-of-pocket costs or fees.
You have until the deadlines listed below 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.
For iQIYI investors, the lead plaintiff deadline is January 31, 2022.
Click here for more information about the IQ lawsuit: https://www.zlk.com/pslra-1/iqiyi-inc-goldman-sachs-group-inc-loss-submission-form?wire=1
For Baidu investors, the lead plaintiff deadline is February 14, 2022.
Click here for more information about the BIDU lawsuit: https://www.zlk.com/pslra-1/baidu-inc-loss-submission-form?wire=1
For Discovery investors, the lead plaintiff deadline is March 8, 2022.
Click here for more information about the DISCA lawsuit: https://www.zlk.com/pslra-1/discovery-inc-goldman-sachs-group-inc-loss-submission-form?wire=1
CASE DETAILS: Each lawsuit alleges that Goldman Sachs and Morgan Stanley sold stock while in possession of material non-public information. The complaints allege that the defendants knew Archegos Capital Management would be liquidating its positions in these companies for margin call purposes. The defendants avoided billions in losses by selling their shares before Archegos Capital Management. Investors who purchased stock in these companies sustained significant damages as a result of the massive sell-off.
NEXT STEPS: If you would like to act as a lead plaintiff, contact Levi & Korsinsky before the deadline by following the links above, or contact Joseph E. Levi, Esq. by email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has created a proven track record of winning high-stakes cases and has secured hundreds of millions of dollars for aggrieved shareholders. Not only does the firm have extensive expertise representing investors in complex securities litigation, but our team of over 70 employees across the country offers diverse backgrounds and a vast breadth of knowledge and ideas. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP