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NEW YORK, Jan. 09, 2022 (GLOBE NEWSWIRE) – Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, reminds investors that class actions have been filed on behalf of shareholders of Exicure, Inc. (NASDAQ: XCUR), Sleep Number Corporation (NASDAQ: SNBR), Marathon Digital Holdings, Inc. (NASDAQ: MARA) and Redwire Corporation (NYSE: RDW). Shareholders have until the deadlines below to request the court to act as principal plaintiff. Additional information on each case can be found at the link provided.
Exicure, Inc. (NASDAQ: XCUR)
Class period: March 11, 2021 – November 15, 2021
Principal applicant deadline: February 11, 2022
The lawsuit filed in this class action lawsuit alleges that throughout the class action period, the defendants made materially false and / or misleading statements, and did not disclose material adverse facts regarding the business, operations and matters. perspectives of the company. Specifically, the defendants failed to disclose to investors: (1) that there had been certain irregularities in Exicure’s preclinical program for the treatment of Friedreich’s ataxia; (2) that as a result, there was a significant risk that the data from the preclinical program did not support further clinical development; and (3) that due to the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were materially misleading and / or lacked reasonable basis.
For more information on the Exicure class action lawsuit, visit: https://bespc.com/cases/XCUR
Sleep Number Corporation (NASDAQ: SNBR)
Class period: February 18, 2021 – July 20, 2021
Principal applicant deadline: February 14, 2022
On April 21, 2021, Sleep Number released its financial results for the first quarter of 2021, missing consensus sales estimates due to supply chain disruptions from winter storm Uri in February 2021. Specifically, “over 50 million dollars in shipments (two weeks) changed out of the quarter due to temporary foam supply constraints, â€representing nearly 9% of the Company’s total sales for the quarter.
Then, on July 20, 2021, Sleep Number released its financial results for the second quarter of 2021. Once again, the results missed consensus estimates, which the company blamed on supply constraints and component shortages.
For more information on the Sleep Number class action lawsuit, visit: https://bespc.com/cases/SNBR
Marathon Digital Holdings, Inc. (NASDAQ: MARA)
Course period: October 30, 2020 – November 15, 2021
Principal applicant deadline: February 15, 2022
Throughout the Class Period, the Defendants have made materially false and misleading representations regarding the affairs, operations and compliance policies of the Company. Specifically, the defendants made false and / or misleading statements and / or failed to disclose that: (i) the Beowulf Joint Venture, with respect to the Hardin facility, involved potential regulatory violations, including violations of US securities law; (ii) as a result, the Beowulf Joint Venture has placed Marathon at increased risk of regulatory review; (iii) the foregoing was reasonably likely to have a significant negative impact on the Company’s business and business prospects; and (iv) accordingly, the Company’s public statements were materially false and misleading at all material times.
For more information on the Marathon class action lawsuit, visit: https://bespc.com/cases/MARA
Redwire Corporation (NYSE: RDW)
Class period: August 11, 2021 – November 14, 2021
Principal applicant deadline: February 15, 2022
The lawsuit filed in this class action lawsuit alleges that throughout the class action period, the defendants made materially false and / or misleading statements, and did not disclose material adverse facts regarding the business, operations and matters. perspectives of the company. Specifically, the Defendants failed to disclose to investors that: (1) there were accounting issues in one of Redwire’s sub-units; (2) that, as a result, there were additional material weaknesses in Redwire’s internal control over financial reporting; and (3) that due to the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were materially misleading and / or lacked reasonable basis.
For more information on the Redwire class action lawsuit, visit: https://bespc.com/cases/RDW
About Bragar Eagel & Squire, PC:
Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York City, California and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. For more information about the company, please visit www.bespc.com. Lawyer advertising. Past results do not guarantee similar results.
Contact details:
Bragar Eagel & Squire, PC Brandon Walker, Esq. Alexandra B. Raymond, Esq. (212) 355-4648 investigations@bespc.comwww.bespc.com
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