{"id":388612,"date":"2020-11-25T11:03:26","date_gmt":"2020-11-25T16:03:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388612"},"modified":"2020-11-25T11:03:26","modified_gmt":"2020-11-25T16:03:26","slug":"tcmd-pt-acb-class-actions-bronstein-gewirtz-grossman-llc-reminds-investors-of-class-actions-and-lead-plaintiff-deadlines","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tcmd-pt-acb-class-actions-bronstein-gewirtz-grossman-llc-reminds-investors-of-class-actions-and-lead-plaintiff-deadlines\/","title":{"rendered":"TCMD, PT & ACB Class Actions: Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions and Lead Plaintiff Deadlines"},"content":{"rendered":"
\n

NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below\u00a0or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at\u00a0212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.\u00a0<\/p>\n

\n Tactile Systems Technology<\/strong>
\n (<\/strong>
\n NASDAQ: TCMD<\/strong>
\n )<\/strong>
\n
\n Class Period: <\/strong>May 7, 2018 – June 8, 2020
Deadline: <\/strong>November 30, 2020
For more info:<\/strong>www.bgandg.com\/tcmd<\/a>
The Complaint alleges that \u00a0throughout the Class Period, Defendants made materially false and misleading statements\u00a0that: (1) while Tactile publicly touted a $4 plus billion or $5 plus billion market opportunity, in truth, the total addressable market for Tactile\u2019s medical devices was materially smaller; (2) to induce sales growth and share gains, Tactile and\/or its employees were engaged in illicit and illegal sales and marketing activities in violation of applicable federal and state rules and public payer regulations; (3) the foregoing illicit and illegal sales and marketing activities increased the risk of a Medicare audit of Tactile\u2019s claims and criminal and civil liability; (4) Tactile\u2019s revenues were in part the product of unlawful conduct and thus unsustainable; and that as a result of the foregoing, (5) Defendants\u2019 public statements, including its year-over-year revenue growth and the purported growth drivers, were materially false and misleading at all relevant times.<\/p>\n

\n Pintec<\/strong>
\n Technology Holdings Limited<\/strong>
\n (<\/strong>
\n NASDAQ: <\/strong>
\n PT<\/strong>
\n )<\/strong>
\n
\n Class Period:<\/strong> Pintec securities aquired pursuant and\/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company\u2019s October 2018 initial public offering (“IPO” or the “Offering”)
Deadline: <\/strong>November 30, 2020
For more info:<\/strong>www.bgandg.com\/pt<\/a>
The Complaint alleges\u00a0that the Registration Statement was false and misleading and omitted to state material facts, and specifically failed to disclose that: (1) the Company erroneously recorded revenue earned from certain technical service fee on a net basis, rather than a gross basis; (2) there were material weaknesses in Pintec\u2019s internal control over financial reporting related to cash advances outside the normal course of business to Jimu Group, a related party, and to a non-routine loan financing transaction with a third-party entity, Plutux Labs; (3) as a result of the foregoing, the Company\u2019s financial results for fiscal 2017 and 2018 had been misstated; and (4) consequently, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects, were materially misleading and\/or lacked a reasonable basis.<\/p>\n

Aurora Cannabis Inc.\u00a0<\/strong>(<\/strong>NYSE: ACB<\/strong>)
<\/strong>Class Period: <\/strong>February 13, 2020 –\u00a0September 4, 2020
Deadline: <\/strong>December 1, 2020
For more info:<\/strong>www.bgandg.com\/acb<\/a>
<\/a>The Complaint alleges\u00a0that throughout the Class Period, Defendants made materially false and\/or misleading statements and specifically failed to disclose that: \u00a0(1) Aurora had significantly overpaid for previous acquisitions and experienced degradation in certain assets, including its production facilities and inventory; (2) the Company’s purported “business transformation plan” and cost reset failed to mitigate the foregoing issues; (3) accordingly, it was foreseeable that the Company would record significant goodwill and asset impairment charges; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.<\/p>\n

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below\u00a0or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at\u00a0212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of … <\/p>\n

Continue reading “TCMD, PT & ACB Class Actions: Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions and Lead Plaintiff Deadlines”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388612","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTCMD, PT & ACB Class Actions: Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions and Lead Plaintiff Deadlines - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tcmd-pt-acb-class-actions-bronstein-gewirtz-grossman-llc-reminds-investors-of-class-actions-and-lead-plaintiff-deadlines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCMD, PT & ACB Class Actions: Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions and Lead Plaintiff Deadlines - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. 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