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NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) –
CleanSpark, Inc. (NasdaqGS: CLSK)
Lifshitz Law Firm, PC announces that a class action lawsuit has been filed against CLSK alleging that CLSK failed to disclose to investors: (1) that the company overestimated its customer and contract numbers; (2) that several of the Company’s recent acquisitions involved undisclosed related party transactions; and (3) that due to the foregoing, CLSK’s positive statements regarding the Company’s business, operations and prospects were misleading and / or lacking reasonable basis.
If you are a CLSK investor and would like additional information about our survey, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at info@jlclasslaw.com.
The GEO Group, Inc. (NYSE: GEO)
Lifshitz Law Firm, PC announces that a class action lawsuit has been filed against GEO alleging that GEO made false and / or misleading statements and / or failed to disclose that: (i) the GEO Group has maintained woefully inefficient COVID-19 response procedures; (ii) these inadequate procedures placed residents of the Company’s halfway houses at significant health risk; (iii) as a result, the Company was vulnerable to significant financial and / or reputational damage; and (iv) accordingly, the Company’s public statements were materially false and misleading at all material times.
If you are a GEO investor and would like additional information about our survey, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at info@jlclasslaw.com.
Repro Med Systems, Inc. (NasdaqGS: KRMD)
Lifshitz Law Firm, PC announces that a class action lawsuit has been filed against KRMD alleging that KRMD did not disclose to investors that: (1) As of January 2020, KORU has stepped up the use of allowances, including discounts growth, to retain key customers and stimulate growth; (2) as the discounts accumulated, the Company’s net sales were reasonably likely to decline; and (3) as a result of the foregoing, KRMD’s positive statements regarding the Company’s business, operations and prospects were misleading and / or lacked reasonable basis.
If you are a KRMD investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at info@jlclasslaw.com.
Romeo Power, Inc. (NYSE: RMO)
Lifshitz Law Firm, PC announces that a class action lawsuit has been filed against RMO alleging that RMO suffered from a severe shortage of high quality battery cells, which are essential raw materials for RMO battery packs and modules , due to supply constraints. The complaint further alleges that, contrary to the statements of the defendants, (i) RMO only had two suppliers of battery cells, not four, (ii) the potential future risks which the defendants warned about a rupture supply or a shortage had already occurred and was already negatively affecting the RMO activities, operations and outlook, (iii) RMO did not have the stock of battery cells to meet end-user demand and increase the production in 2021, (iv) RMO’s supply constraint was a significant obstacle to Romeo’s revenue growth, and (v) the battery cell supply chain was not covered, but in fact, was totally threatened and beholden to just two battery cell suppliers and the cash market for their 2021 inventory, and that RMO did not disclose these important facts to investors.
If you are an RMO investor and would like additional information about our survey, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at info@jlclasslaw.com.
LAWYER ADVERTISING.© 2021 Lifshitz Law Firm, PC The law firm responsible for this announcement is Lifshitz Law Firm, PC, 1190 Broadway, Hewlett, New York 11557, Tel. : (516) 493-9780. Past results do not guarantee or predict a similar result with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Law firm Lifshitz, CP
Telephone: 516-493-9780
Fax: 516-280-7376
E-mail: jml@jlclasslaw.com
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