Press release
Deadline on July 7th coming up in Lawsuit for Investors in Skillz Inc. (NYSE: SKLZ)
A Deadline is coming up on July 7, 2021 in the lawsuit for certain investors in Skillz Inc. (NYSE: SKLZ).
Investors who purchased shares of Skillz Inc. (NYSE: SKLZ) have certain options and there are strict and short deadlines running. Deadline: July 7, 2021. NYSE: SKLZ 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 Northern District of California over the plaintiff alleges on behalf of purchasers of Skillz Inc. (NYSE: SKLZ) common shares between December 16, 2020 to April 19, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between December 16, 2020 to April 19, 2021, the defendants made false and/or misleading statements and/or failed to disclose that three games responsible for a majority of Skillz’s revenues had declined substantially, that Skillz’s revenue recognition policy misrepresented the financial condition of the company, that unrealistic market growth, specifically in the Android market, and that as a result defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Skillz Inc. (NYSE: SKLZ) 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.
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