The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of EQBK, CBL, CLDR and ZUO

6/19, 3:48 PM (Source: GlobeNewswire)

NEW YORK, June 19, 2019 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. 

Equity Bancshares, Inc. (NASDAQ: EQBK)
Class Period: May 11, 2018 to April 22, 2019
Lead Plaintiff Deadline: July 12, 2019

During the class period, Equity Bancshares, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate internal controls to assess credit risk; (2) as a result, certain of the Company’s loans posed an increased risk of loss; (3) as a result, the Company was reasonably likely to incur significant losses for certain substandard loans; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Get additional information about the EQBK lawsuit: http://www.kleinstocklaw.com/pslra-1/equity-bancshares-inc-loss-submission-form?wire=3 

CBL & Associates Properties, Inc (NYSE: CBL)
Class Period: November 8, 2017 to March 26, 2019
Lead Plaintiff Deadline: July 16, 2019

Throughout the class period, CBL & Associates Properties, Inc allegedly made materially false and/or misleading statements and/or failed to disclose that: the Company was the target of a class action suit that could result in tens of millions or even hundreds of millions of dollars in liability.  The Complaint further alleges that Defendants completely ignored their disclosure obligation, motivated by a desire to avoid bad publicity surrounding their dishonest nature and their dishonest conduct.  When the truth was revealed, CBL shares materially declined in price, injuring the class.

Get additional information about the CBL lawsuit: http://www.kleinstocklaw.com/pslra-1/cbl-associates-properties-inc-loss-submission-form?wire=3 

Cloudera, Inc. (NYSE: CLDR)
Class Period: April 28, 2017 to June 5, 2019
Lead Plaintiff Deadline: August 6, 2019

According to the complaint, Cloudera, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Cloudera was finding it increasingly difficult to identify large enterprises interested in adopting the Company’s Hadoop-based  platform; (ii) Cloudera needed to expend an increasing amount of capital on sales and marketing activities to generate new revenues, even as new revenue opportunities were diminishing; and (iii) Cloudera had materially diminished sales opportunities and prospects and could not generate annual positive cash flows.

Get additional information about the CLDR lawsuit: http://www.kleinstocklaw.com/pslra-1/cloudera-inc-loss-submission-form?wire=3 

Zuora, Inc. (NYSE: ZUO)
Class Period: April 12, 2018 to May 30, 2019
Lead Plaintiff Deadline: August 13, 2019

The complaint alleges that throughout the class period Zuora, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company  would  focus  on  implementing  RevPro  for  new  customers  ahead  of  the  deadline  to  comply  with  accounting  standard  ASC  606;  (2)  as  a  result,  the  Company  lacked  adequate  resources  to  integrate  RevPro  with  the  core  business;  (3) the  Company  would  focus  on  RevPro integration a year after the acquisition closed; (4) delays in integrating RevPro would materially impact the business; (5)  the market for RevPro was limited to customers seeking to implement  new  accounting  standards  such  as  ASC  606;  (6)  after  the  deadline  for  ASC  606  compliance passed, demand for RevPro was reasonably likely to decline; and (7) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Get additional information about the ZUO lawsuit: http://www.kleinstocklaw.com/pslra-1/zuora-inc-loss-submission-form?wire=3 

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. There is no cost or obligation to you. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com 

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