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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of INSD, FSLR and EDU

Thursday, 24 February 2022 01:45 PM

The Klein Law Firm

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / February 24, 2022 / 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.

Instadose Pharma Corp. f/k/a Mikrocoze, Inc. (OTCMKT:INSD)
Class Period: December 8, 2020 - November 24, 2021
Lead Plaintiff Deadline: February 28, 2022

During the class period, Instadose Pharma Corp. f/k/a Mikrocoze, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Instadose had performed inadequate due diligence into the business combination with Instadose Canada and/or ignored significant red flags associated with Instadose Canada; (ii) Instadose's internal controls and policies were inadequate to detect and/or prevent impermissible trading activity by control persons of the Company; (iii) the foregoing subjected Instadose to a heightened risk of regulatory scrutiny and enforcement action; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in INSD: https://www.kleinstocklaw.com/pslra-1/instadose-pharma-corp-f-k-a-mikrocoze-inc-loss-submission-form?id=24029&from=1

First Solar, Inc. (NASDAQ:FSLR)
This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of First Solar common stock between February 22, 2019, and February 20, 2020, inclusive.
Lead Plaintiff Deadline: March 8, 2022

According to the filed complaint, defendants made repeated misrepresentations to investors regarding the development of First Solar's newest "Series 6" solar module, the cost per unit it could achieve with that module, and the impact the changeover to this new product would have on the viability of its other business segments. As a result of defendants' misrepresentations, First Solar common stock traded at artificially inflated prices during the class period.

Learn about your recoverable losses in FSLR: https://www.kleinstocklaw.com/pslra-1/first-solar-inc-loss-submission-form?id=24029&from=1

New Oriental Education & Technology Group Inc. (NYSE:EDU)
Class Period: April 24, 2018 - July 22, 2021
Lead Plaintiff Deadline: April 5, 2022

The EDU lawsuit alleges that New Oriental Education & Technology Group Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) New Oriental's revenue and operational growth was the result of deceptive marketing tactics and abusive business practices that flouted Chinese regulations and policies and exposed the Company to an extreme risk that more draconian measures would be imposed on the Company; (b) New Oriental had engaged in misleading and fraudulent advertising practices, including the provision of false and misleading discount Information designed to obfuscate the true cost of the Company's programs to its customers; (c) New Oriental had falsified teacher qualifications and experience in order to attract customers and increase student enrollments; (d) New Oriental had defied prior government warnings against linking school enrollments with the provision of private tutoring services; (e) as a result of the foregoing, New Oriental was subject to an extreme undisclosed risk of adverse enforcement actions, regulatory fines and penalties, and the imposition of new rules and regulations adverse to the Company's business and interests; and (f) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and lacked a reasonable, factual basis.

Learn about your recoverable losses in EDU: https://www.kleinstocklaw.com/pslra-1/new-oriental-education-technology-group-inc-loss-submission-form?id=24029&from=1

The Klein Law Firm, Thursday, February 24, 2022, Press release picture

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.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE : The Klein Law Firm

Topic:
Lawsuits
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