Press release
Deadline on December 6th coming up in Lawsuit for Investors in Opendoor Technologies Inc. (NASDAQ: OPEN)
A Deadline is coming up on December 6, 2022 in the lawsuit for certain investors in Opendoor Technologies Inc. (NASDAQ: OPEN).
Investors who purchased shares of Opendoor Technologies Inc. (NASDAQ: OPEN) have certain options and there are strict and short deadlines running. Deadline: December 6, 2022. NASDAQ: OPEN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint the plaintiff alleges the Offering Documents for the Merger were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, the plaintiff claims that the Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.
More specifically, the plaintiff alleges that the Offering Documents and that between December 21, 2020 and September 16, 2022, the Defendants made false and/or misleading statements and/or failed to disclose that the algorithm ("Algorithm") used by the Company to make offers for homes could not accurately adjust to changing house prices across different market conditions and economic cycles, that as a result, the Company was at an increased risk of sustaining significant and repeated losses due to residential real estate pricing fluctuations, that accordingly, Defendants overstated the purported benefits and competitive advantages of the Algorithm, and that as a result, the Offering Documents and Defendants' public statements December 21, 2020 and September 16, 2022, were materially false and/or misleading and failed to state information required to be stated therein.
Those who purchased shares of Opendoor Technologies Inc. (NASDAQ: OPEN) have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
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 December 6th coming up in Lawsuit for Investors in Opendoor Technologies Inc. (NASDAQ: OPEN) here
News-ID: 2835233 • Views: …
More Releases from Shareholders Foundation
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) 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…
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for December
QuadAir Drone Reviews (Updated December 2021)
Visit Official Website Here >> https://bit.ly/2YwTw3H
The world is changing fast owing to technological innovations, and it has improvised the stuff that people have been doing for numerous years. Drones are progressively employed in photo plus video taking, positively impacting the film industry. A drone is a high-tech gadget utilized for aerial shots and taking photographs. Here is a review of the innovative drone known as QuadAir Drone.
What is QuadAir Drone?
As…
Johnny Cassell's London Workshop - December 14th
London’s renowned dating coach Johnny Cassell has just added another group workshop his schedule or 2019. The workshop will take place on December 14th in Central London and will be the last one of the current year.
Students will be traveling from different worldwide locations to attend the workshop which is in very high demand. Johnny will work with students on a vast range of issues that are important to each…
Twitter Valuations Climb Post December
Mumbai, INDIA: In the news for its growing fan following and increasing popularity, Twitter is also putting money where its mouth is. There is an increased interest in Twitter, and there are deals being struck which redefine the company as we speak.
Twitter is on the brink of closing out an $800 million dollar deal, which is set to pave the way for future growth. The move is also an attempt…
Artfact Live! December Auction Results Roundup
(Boston, MA) – Artfact Live! closed out 2010 on a high note thanks outstanding auctions from several of Artfact's Auction House Members. December's highlights include: Apple Tree Auction Center's Model Train and Railwayana auction on December 9th with more than 4,000 online bids totaling almost $200,000 in value; Alex Cooper Auctioneers' December 11th Guns, Books, Stamps and Pens auction with over 1,100 online bids; and Ewbank Clarke Gammon Wellers' three-day…
Eminor Record´s new release "Eminor 27/Akiko Kiyama" out on December 3rd / digi …
Japanese, Tokyo born Akiko Kiyama has been a prominent figure on the minimal techno scene since her debut release in 2004. The first female minimal tech producer to have come out of Japan now lives and works in Berlin, Germany.
Akiko’s sound is a complex pattern of sounds. Raw and industrial, dark and moody, her signature sits firmly within the minimal style, but with a melodic structure that gives shape…
Car Hire this December in Alilcante
Hamburg, 29.11.2010 – www.carhiremarket.com is offering their customers low prices and a free additional driver to explore the many sights of Alicante and the Costa Blanca this December.
Before the stress of the Christmas period gets into full swing, an early Christmas present in the form of a holiday to Alicante could be in order! With an average temperature of 15ºC and beautiful countryside to explore, the Costa Blanca region…
