{"id":469289,"date":"2021-03-31T19:48:33","date_gmt":"2021-03-31T23:48:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469289"},"modified":"2021-03-31T19:48:33","modified_gmt":"2021-03-31T23:48:33","slug":"root-investor-notice-rosen-a-longstanding-and-trusted-law-firm-encourages-root-inc-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-deadline-root","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/root-investor-notice-rosen-a-longstanding-and-trusted-law-firm-encourages-root-inc-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-deadline-root\/","title":{"rendered":"ROOT INVESTOR NOTICE: ROSEN, A LONGSTANDING AND TRUSTED LAW FIRM, Encourages Root, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline – ROOT"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, March 31, 2021<\/span> \/PRNewswire\/ — <\/p>\n

\n

\n
\n \"Rosen
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n WHY:<\/b> Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020<\/span> and March 8, 2021<\/span>, inclusive (the “Class Period”); and\/or (2) purchased or otherwise acquired Root Class A common stock pursuant and\/or traceable to the Offering documents issued in connection with the Company’s initial public offering conducted on or about October 28, 2020<\/span> (the “IPO” or “Offering”), of the important May 18, 2021<\/span><\/b>lead plaintiff deadline<\/b>.<\/p>\n

\n SO WHAT:<\/b>\u00a0If you purchased Root securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

\n WHAT TO DO NEXT: <\/b>To join the Root class action, go to http:\/\/www.rosenlegal.com\/cases-register-2061.html<\/a>\u00a0or call Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a>\u00a0or cases@rosenlegal.com<\/a>\u00a0for information on the class action. If you wish to serve as lead plaintiff, you must move the Court no later than May 18, 2021<\/span><\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

\n WHY ROSEN LAW: <\/b>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors.\u00a0 In 2019 alone the firm secured over $438 million<\/span> for investors. In 2020 founding partner Laurence Rosen<\/span> was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

\n DETAILS OF THE CASE: <\/b>According to the lawsuit, the Offering documents and defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Root would foreseeably fail to generate positive cash flow for at least several years following the IPO; (2) accordingly, Root would foreseeably require significant cash infusions to meet its cash flow needs; (3) notwithstanding the defendants’ touting of Root’s purportedly unique, data-driven advantages, several of the Company’s established industry peers in fact possessed significant competitive advantages over Root with respect to, inter alia, telematics data and data engagement; and (4) as a result, the Offering documents and defendants’ public statements throughout the Class Period were materially false and\/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages. <\/p>\n

To join the Root class action, go to http:\/\/www.rosenlegal.com\/cases-register-2061.html<\/a>\u00a0or call Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a>\u00a0or cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm<\/a>. <\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome. <\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0 Laurence Rosen, Esq.<\/span>
\u00a0\u00a0\u00a0\u00a0\u00a0 Phillip Kim, Esq.<\/span>
\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.
\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40th<\/sup> Floor
\u00a0\u00a0\u00a0\u00a0\u00a0 New York<\/span>, NY\u00a0 10016
\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060
\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653
\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827
\u00a0\u00a0\u00a0\u00a0\u00a0 lrosen@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0 pkim@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0 cases@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0 www.rosenlegal.com<\/a><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/root-investor-notice-rosen-a-longstanding-and-trusted-law-firm-encourages-root-inc-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-deadline–root-301260130.html<\/a><\/p>\n

SOURCE Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n

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

PR Newswire NEW YORK, March 31, 2021 \/PRNewswire\/ — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020 and March 8, 2021, inclusive (the “Class Period”); and\/or (2) purchased or otherwise acquired Root Class A common stock pursuant and\/or traceable to the Offering documents issued in connection with the Company’s initial public offering conducted on or about October 28, 2020 (the “IPO” or “Offering”), of the important May 18, 2021lead plaintiff deadline. SO WHAT:\u00a0If you purchased Root securities during the Class Period you may be entitled to compensation without payment of any out of pocket … <\/p>\n

Continue reading “ROOT INVESTOR NOTICE: ROSEN, A LONGSTANDING AND TRUSTED LAW FIRM, Encourages Root, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline – ROOT”<\/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-469289","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nROOT INVESTOR NOTICE: ROSEN, A LONGSTANDING AND TRUSTED LAW FIRM, Encourages Root, Inc. 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