BENSALEM, Pa., Jan. 31, 2023 (GLOBE NEWSWIRE) — The law firm of Howard G. Smith is reminding investors that class action lawsuits have been filed on behalf of the shareholders of the following public companies. Investors have until the deadlines set out below to file a lead plaintiff filing.
Investors who experience losses on their investments are advised to contact the law firm of Howard G. Smith to discuss their legal rights in these class action lawsuits at 888-638-4847 or by email at howardsmith@howardsmithlaw.com.
Bioventus Inc. BVS
Class Period: February 11, 2021 – November 21, 2022
Deadline for lead plaintiff: March 13, 2023
The Complaint alleges that during the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) Bioventus suffered from significant liquidity problems; (2) the company’s discounting practices were unsustainable; (3) accordingly, the defendants overstated the Company’s business and financial prospects; (4) Bioventus maintained inadequate disclosure controls and procedures and internal controls over financial reporting related to the timely recognition of quarterly rebates; (5) all of these increased the risk that the entity would be required to recognize a significant non-cash impairment, fail to file one or more of its financial reports on a timely basis, have to amend one or more of its financial statements, and fail to meet its financial obligations on a timely basis; and (6) as a result, the defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacking a reasonable basis at all relevant times.
ESS Tech, Inc. GWH
Class Period: August 11, 2022 – December 7, 2022
Deadline for lead plaintiff: March 13, 2023
The Complaint alleges that throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) the alleged agreement with ESI was in fact an undisclosed related party transaction…
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