The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of BAYRY, ERII and FSLY
In This Article:
NEW YORK, NY / ACCESSWIRE / September 1, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Bayer Aktiengesellschaft (OTC PINK:BAYRY)
Lawsuit on behalf of all persons or entities that purchased or otherwise acquired Bayer American Depositary Receipts between May 23, 2016 and March 19, 2019.
Lead Plaintiff Deadline: September 14, 2020
The BAYRY lawsuit alleges that throughout the class period, Bayer Aktiengesellschaft made materially false and/or misleading statements and/or failed to disclose that: 1) following its acquisition of Monsanto Company, Bayer could be at risk of suffering billions of dollars in judgments and reputational damage if the lawsuits brought against Monsanto alleging that exposure to its glyphosate-based Roundup product caused cancer were successful, 2) a result, Defendants' positive statements about the prospects of the Monsanto acquisition and the benefits it would create for Bayer's business were materially false and/or misleading and/or lacked a reasonable basis.
Learn about your recoverable losses in BAYRY: http://www.kleinstocklaw.com/pslra-1/bayer-aktiengesellschaft-loss-submission-form?id=8995&from=1
Energy Recovery, Inc. (NASDAQ:ERII)
Class Period: August 2, 2017 - June 29, 2020
Lead Plaintiff Deadline: September 21, 2020
The complaint alleges that during the class period Energy Recovery, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
Learn about your recoverable losses in ERII: http://www.kleinstocklaw.com/pslra-1/energy-recovery-inc-loss-submission-form?id=8995&from=1
Fastly, Inc. (NYSE:FSLY)
Class Period: May 6, 2020 - August 5, 2020
Lead Plaintiff Deadline: October 26, 2020