Press release
Deadline on May 18th coming up in Lawsuit for Investors in Root, Inc. (NASDAQ: ROOT)
A Deadline is coming up on May 18, 2021in the lawsuit for certain investors in Root, Inc. (NASDAQ: ROOT).
Investors who purchased shares of Root, Inc. (NASDAQ: ROOT) have certain options and there are strict and short deadlines running. Deadline: May 18, 2021. NASDAQ: ROOT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of Ohio the plaintiff alleges on behalf of purchasers of Root, Inc. (NASDAQ: ROOT) common shares between October 28, 2020 and March 8, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Offering Documents the were filed in connection with the IPO and the Defendants made false and/or misleading statements and/or failed to disclose that Root, Inc. would foreseeably fail to generate positive cash flow for at least several years following the IPO, that accordingly, the Company would foreseeably require significant cash infusions to meet its cash flow needs, that notwithstanding the Defendants' touting of Root's purportedly unique, data-driven advantages, several of the Company's established industry peers in fact possessed significant competitive advantages over Root with respect to, inter alia, telematics data and data engagement, and that as a result, the Offering Documents and Defendants' public statements between October 28, 2020 and March 8, 2021were materially false and/or misleading and failed to state information required to be stated therein.
Those who purchased shares of Root, Inc. (NASDAQ: ROOT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Deadline on May 18th coming up in Lawsuit for Investors in Root, Inc. (NASDAQ: ROOT) here
News-ID: 2283288 • Views: …
More Releases from Shareholders Foundation
Investigation announced for Long-Term Investors in shares of West Pharmaceutical …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of West Pharmaceutical Services, Inc..
Investors who are current long term investors in West Pharmaceutical Services, Inc. (NYSE: WST) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in (NYSE: WST stocks follows a lawsuit filed…
Investigation announced for Long-Term Investors in Open Lending Corporation (NAS …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Open Lending Corporation.
Investors who are current long term investors in Open Lending Corporation (NASDAQ: LPRO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: LPRO stocks follows a lawsuit filed against Open…
Investigation announced for Long-Term Investors in shares in BigBear.ai Holdings …
An investigation on behalf of current long-term investors in shares of BigBear.ai Holdings, Inc. (NYSE: BBAI) concerning potential breaches of fiduciary duties by certain directors and officers of BigBear.ai Holdings, Inc. was announced.
Investors who are current long term investors in BigBear.ai Holdings, Inc. (NYSE: BBAI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm…
Lawsuit filed for Investors who lost money with shares of DoubleVerify Holdings, …
An investor, who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV), filed a lawsuit over alleged violations of Federal Securities Laws by DoubleVerify Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) have certain options and for certain investors are short and strict deadlines running. Deadline: July 21, 2025. NYSE: DV investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Root
Investigation announced for Long-Term Investors in shares of Root, Inc. (NASDAQ: …
An investigation on behalf of current long-term investors in shares of Root, Inc. (NASDAQ: ROOT) concerning potential breaches of fiduciary duties by certain directors and officers of Root, Inc. was announced.
Investors who are current long term investors in Root, Inc. (NASDAQ: ROOT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…
Lawsuit filed for Investors in shares of Root, Inc. (NASDAQ: ROOT) over alleged …
An investor, who purchased shares of Root, Inc. (NASDAQ: ROOT), filed a lawsuit over alleged violations of Federal Securities Laws by Root, Inc.
Investors who purchased shares of Root, Inc. (NASDAQ: ROOT) have certain options and for certain investors are short and strict deadlines running. Deadline: May 18, 2021. NASDAQ: ROOT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Columbus, OH based Root, Inc. provides insurance…
Investigation announced for Investors in shares of Root, Inc. (NASDAQ: ROOT)
An investigation was announced concerning potential securities laws violations by Root, Inc. in connection with certain financial statements.
Investors who purchased shares of Root, Inc. (NASDAQ: ROOT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Root, Inc. (NASDAQ: ROOT) concerning whether a series of statements…
Root Cause Analysis
Root cause analysis, also known as RCA is an approach used to break down significant problem before trying to solve them, by which the main root cause of the problem is isolated and identified. A root cause is characterized as a factor which by evacuation would keep the event of the unfriendly occasion, different components that influence the result ought not be considered as main drivers.
Learn More about Root Cause…
Dr. Lawrence Finn Offers Root Canals
WARREN, MI – Dr. Lawrence Finn (http://www.dr-finn.com), is offering root canals, a procedure that repairs and saves a badly damaged or infected tooth, rather than extracting it.
When the pulp, the tissue inside the tooth, becomes inflamed or infected, a root canal (also known as an endodontic treatment) is performed. A root canal procedure is done to repair and save the infected tooth. Without this treatment, the tooth may have to…
Global Root & bulb Vegetable Seed Market 2017 By Types- Lotus Root, Radish, Bamb …
The market study on Global Root & bulb Vegetable Seed Market Research Report studies current as well as future aspects of the Root & bulb Vegetable Seed Market primarily based upon factors on which the companies compete in the market, key trends and segmentation analysis. This report covers each side of the worldwide market, ranging from the fundamental market info and advancing more to varied important criteria, based on that,…
