{"id":446424,"date":"2021-02-26T20:03:14","date_gmt":"2021-02-27T01:03:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=446424"},"modified":"2021-02-26T20:03:14","modified_gmt":"2021-02-27T01:03:14","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ageagle-aerial-systems-inc-uavs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ageagle-aerial-systems-inc-uavs\/","title":{"rendered":"Gainey McKenna & Egleston Announces A Class\u00a0Action Lawsuit Has Been Filed Against AgEagle Aerial Systems, Inc. (UAVS)"},"content":{"rendered":"
\n

NEW YORK, Feb. 26, 2021 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a class action lawsuit has been filed against AgEagle Aerial Systems, Inc. (\u201cAgEagle\u201d or the \u201cCompany\u201d) (NYSE: UAVS) in the United States District Court for the Central District of California on behalf of those who purchased or acquired the securities of AgEagle between September 3, 2019 and February 18, 2021, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for investors under the federal securities laws.<\/p>\n

The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon; (ii) rather than correct the public\u2019s understanding about a partnership with Amazon, Defendants were actively contributing to the rumor that AgEagle had a partnership with Amazon; and (iii) as a result, Defendants\u2019 statements about AgEagle\u2019s business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

Investors who purchased or otherwise acquired shares of AgEagle during the Class Period should contact the Firm prior to the April 27, 2021 <\/em><\/strong>lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\u00a0 If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com<\/u><\/a> or gegleston@gme-law.com<\/u><\/a>.<\/p>\n

Please visit our website at http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n

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

NEW YORK, Feb. 26, 2021 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a class action lawsuit has been filed against AgEagle Aerial Systems, Inc. (\u201cAgEagle\u201d or the \u201cCompany\u201d) (NYSE: UAVS) in the United States District Court for the Central District of California on behalf of those who purchased or acquired the securities of AgEagle between September 3, 2019 and February 18, 2021, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for investors under the federal securities laws. The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon; (ii) rather than correct the public\u2019s … <\/p>\n

Continue reading “Gainey McKenna & Egleston Announces A Class\u00a0Action Lawsuit Has Been Filed Against AgEagle Aerial Systems, Inc. (UAVS)”<\/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-446424","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGainey McKenna & Egleston Announces A Class\u00a0Action Lawsuit Has Been Filed Against AgEagle Aerial Systems, Inc. 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