BENSALEM, Pa., April 5, 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.
PLDT Inc. PHI
Class Period: January 1, 2019 – December 19, 2022
Deadline for lead plaintiff: April 7, 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) there were capital expenditure overruns; (2) Defendants failed to address vulnerabilities that made such budget overruns possible; and (3) 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.
Kornit Digital Ltd. KRNT
Class Period: February 17, 2021 – July 5, 2022
Deadline for lead plaintiff: April 17, 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 Company’s digital printing business was affected by significant quality control issues and poor customer service; (2) as a result, Kornit was more vulnerable to competitive pressures than it had presented and lacked the competitive advantages it touted to investors; and (3) as a result of the foregoing, Kornit lost market share to competitors, resulting in a decline in the Company’s revenues as Kornit’s dissatisfied customers sought alternative options for their digital printing needs.
Inspirato Incorporated ISPO
Class Period: May 11, 2022 – December 15, 2022
Deadline for lead plaintiff: April 17, 2023
The complaint alleges that…
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