NEW YORK, NY / ACCESSWIRE / August 16, 2020 / 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.
IDEX Shareholders Click Here: https://www.zlk.com/pslra-1/ideanomics-inc-loss-submission-form?prid=8597&wire=1
FE Shareholders Click Here: https://www.zlk.com/pslra-1/firstenergy-corp-loss-submission-form?prid=8597&wire=1
AGS Shareholders Click Here: https://www.zlk.com/pslra-1/playags-inc-loss-submission-form?prid=8597&wire=1
* ADDITIONAL INFORMATION BELOW *
Ideanomics, Inc. (NASDAQ:IDEX)
IDEX Lawsuit on behalf of: investors who purchased March 20, 2020 - June 25, 2020
Lead Plaintiff Deadline : August 27, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ideanomics-inc-loss-submission-form?prid=8597&wire=1
According to the filed complaint, during the class period, Ideanomics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Ideanomics' Mobile Energy Global Division in Qingdao, China (the "MEG Center") was not "a one million square foot EV expo center" as the Company had stated in press releases; (ii) the Company had been using doctored or altered photographs of the purported MEG Center in Qingdao; (iii) the Company's electric vehicle business in China was not performing nearly as strongly as Ideanomics had represented; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
FirstEnergy Corp. (NYSE:FE)
FE Lawsuit on behalf of: investors who purchased February 21, 2017 - July 21, 2020
Lead Plaintiff Deadline : September 28, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/firstenergy-corp-loss-submission-form?prid=8597&wire=1
According to the filed complaint, during the class period, FirstEnergy Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) the legislative "solutions" that defendants claimed would resolve problems with the Company's nuclear facilities were centered on an illicit campaign to corrupt high-profile state legislators and thus secure legislation favoring the FirstEnergy; (2) over roughly three years, FirstEnergy and its affiliates funneled more than $60 million to prominent state politicians and lobbyists, including Ohio Speaker Larry Householder, in order to secure the passage of Ohio House Bill 6, which provided a $1.3 billion ratepayer-funded bailout to keep the Company's failing nuclear facilities in operation; (3) defendants falsely represented that they were complying with state and federal laws and regulations regarding regulatory matters throughout the Class Period, exposing the Company and its investors to the extreme risks of reputational, legal, and financial harm; (4) as a result of defendants' false statements and omissions, FirstEnergy insiders were able to sell more than $17 million worth of their FirstEnergy shares at artificially inflated prices.
PlayAGS, Inc. (NYSE:AGS)
AGS Lawsuit on behalf of: investors who purchased May 3, 2018 - August 7, 2019
Lead Plaintiff Deadline : August 24, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/playags-inc-loss-submission-form?prid=8597&wire=1
According to the filed complaint, during the class period, PlayAGS, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) PlayAGS was experiencing challenges in its business in Oklahoma; (ii) as a result, the Company's recurring revenue would be negatively impacted; (iii) PlayAGS was experiencing challenges in its Interactive business segment, including delays in securing regulatory approvals and relevant licenses; (iv) as a result of the foregoing, PlayAGS was reasonably likely to record a goodwill impairment; and (v) 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.
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.
SOURCE: Levi & Korsinsky, LLP
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