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SHAREHOLDER ALERT: FNKO ATLX DZSI: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Monday, 19 June 2023 07:30 AM

The Law Offices of Vincent Wong

NEW YORK, NY / ACCESSWIRE / June 19, 2023 / 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.

Funko, Inc. (NASDAQ: FNKO)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/funko-class-action-submission-form?prid=40995&wire=1
Lead Plaintiff Deadline: August 1, 2023
Class Period: May 6, 2022 - March 1, 2023

Allegations against FNKO include that: (i) Funko was experiencing significantly larger delays in implementing its enterprise resource planning ("ERP") software than it was disclosing to investors; (ii) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (iii) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin.

Atlas Lithium Corporation (NASDAQ: ATLX)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/atlas-lithium-class-action-submission-form?prid=40995&wire=1
Lead Plaintiff Deadline: August 1, 2023
Class Period: March 25, 2022 - May 3, 2023

Allegations against ATLX include that: (i) the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; (ii) in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company's stock; (iii) the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium's business was revealed; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

DZS Inc. (NASDAQ: DZSI)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/dzs-class-action-submission-form?prid=40995&wire=1
Lead Plaintiff Deadline: August 14, 2023
Class Period: March 10, 2023 - May 31, 2023

Allegations against DZSI include that: (1) DZS' financial statements from March 31, 2023 to the present included certain errors; (2) as a result, DZS would need to restate its previously filed quarterly financial statement for the period ending March 31, 2023; (3) the Company had ongoing undisclosed issues with its internal controls over financial reporting; and (4) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

The Law Offices of Vincent Wong, Monday, June 19, 2023, Press release picture

To learn more contact Vincent Wong, Esq. either via email [email protected] or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]

SOURCE : The Law Offices of Vincent Wong

Topic:
Class Action
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