{"id":470343,"date":"2021-04-02T11:03:44","date_gmt":"2021-04-02T15:03:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470343"},"modified":"2021-04-02T11:03:44","modified_gmt":"2021-04-02T15:03:44","slug":"deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/","title":{"rendered":"DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders"},"content":{"rendered":"<div class=\"mw_release\">\n<p>LOS ANGELES, April  02, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Zh9BgC6ubqEQzvPwXMIq-dlohtRhMYhmj1x_sqxNsHfIBSjOP11_bXBvbxq6ZkZ695yVjO6AN8tFPfWd2_PvC3aw63GjYZIynw6Fp5LGgd7O1yX2y0IY4OyKXq6lWdQs\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">The Law Offices of Frank R. Cruz<\/a> reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion.<\/p>\n<p>Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zGPsx-kgKwIC17zKsoWUCU_OuwBh5ZRAdGghN2Dr4O90aeSKb-Cx312NNiNv8cw7Bjd0SJQRQ51eUBYo1n-IVhOp614kqnz7r_1vB2s5XWw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">fcruz@frankcruzlaw.com<\/a>.<\/p>\n<p>\n        <strong>Neptune Wellness Solutions Inc.<\/strong> (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uQg9XtW4mxAO9JZ0wEEZ-bkppLN6A0DdluBGIiH5AvCvlmxnl1OumsJmQujrn_lpnS-qjQT06WrTWaJXdeQttOZphY6agDYFccY3AqyGI4SzKBet7PssQJR3VNF70I6rxIcVFnkYbcx8ANV1pxkt0tXu088Er9Nia88aBhhHjj3NTB07c9IuP83Bol61dM-7jCjaXYzk7f5_6ER34nXGUw50ju1GIZFgx6VGdhD8aAA-SzcbXrIDlOTChUxY6xRtq5qw31Wt-fdYle8ostoEQHIG4HRnDCuE4JRVn4T-29AZh_877B19_y7oBlgTe8I0\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">NEPT<\/a>)<br \/>Class Period: July 24, 2019 \u2013 February 16, 2021<br \/>Lead Plaintiff Deadline: <strong>May 17, 2021<\/strong><\/p>\n<p>The complaint filed alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the cost of Neptune&#8217;s integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company&#8217;s capital reserves; (2) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (3) as a result, Defendants&#8217; statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <strong>BELLUS Health Inc.<\/strong> (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MOO0cAd1rCn9pcwgXSwz2WhrqoYep0hVY-TjwvMgvu7KzEyN2cYtC9xjQdlFjvR6L0yw1AilltbndZIYtDuo4aKDKrmnZG0r2jafHhLFIrFO-1plm0_BOoq1XtDtH5pYON69KsGUcA2H-4GmZSZ5DIwIZY3v1PYUy4U2Y2OIGblD3qIVT8NBemGItmipcRfBhbffZjzfSIwXkIjr-ms6aAlzOGlBAoluOpHPvaO3Bk2ts4FyXbaIp72KKcXxypcZrD99xu01_sS8eALjHodzh-hXEhqm74NdeSRNl1t1Zsgw4NYmKrx91NXk2vJhAR7q\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">BLU<\/a>)<br \/>Class Period: September 5, 2019 \u2013 July 5, 2020<br \/>Lead Plaintiff Deadline: <strong>May 17, 2021<\/strong><\/p>\n<p>The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, the complaint alleges that Defendants knew, but failed to disclose, that while BLU-5937\u2019s \u201chigh selectivity\u201d contributed to the drug causing little to no taste alteration in chronic cough patients, that high selectivity also contributed to the drug potentially being less efficacious and thus likely not be able to meet the primary endpoint of the Company\u2019s Phase 2 trial.<\/p>\n<p>\n        <strong>Lordstown Motors Corp.<\/strong> (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ox97dDUFgiYdTfM24GIahFiiWiv5bV6dOjcjGZFa9ytsy69oeSJQd2ELYQE8d3HFfGqXXI4vd1_1k2rmErU-JB0V3Xknp9TCX7JSYDrWSFi1NewbxJWIJJGyAKD_XoSKvRDEf-w13kEFz4zI2Dj4gIxdv4gS35irCpsY3I3DmbSvFj8T8ffdw6XFJiPZVwHnKs1udaoWs3zF_cp4sI2ObIxOKD61VClp2Q7kcCJQwc2i4wRdYg63IWOsDpnLrG59_EZlzvYE0bRSAcm8UINYOKWJ80FfkFEL15kFhSPZz5Sv6Po83_aRdIeRwZqMsBeI\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">RIDE<\/a>)<br \/>Class Period: August 3, 2020 \u2013 March 17, 2021<br \/>Lead Plaintiff Deadline: <strong>May 17, 2021<\/strong><\/p>\n<p>The complaint filed alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company\u2019s purported pre-orders were non-binding; (2) many of the would-be customers who made these purported pre-orders lacked the means to make such purchases and\/or would not have credible demand for Lordstown\u2019s Endurance; (3) Lordstown is not and has not been \u201con track\u201d to commence production of the Endurance in September 2021; (4) the first test run of the Endurance led to the vehicle bursting into flames within 10 minutes; and (5) as a result, Defendants&#8217; statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <strong>CytoDyn, Inc.<\/strong> (OTC: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ki5qmwtGA4NxQhXd5pPfwpYcSXh-mqBsSF-HiLYOpvXo7cglCH6zZu_OJLn_VXD6TTE0phXXicJcWginowXhYQInfU_1BXbIH62dtLVKKibxeXHvS-642ZWs8ityNAZ6rHcoJVL45Hd2jmESzAIpAuJJ_Lzzrx_QKd3oKDO50bHptf3I7pEJbTUpee9cZ6fZAelE5amcXh1Yp7flM_TydQQI-X7c3qkqRpO_FSYLl8Fq2T3yE0hvtotfnEy7YgCRHdK72ncFZ0Ss7j_ZZw7skWiFlea61g5-mP9YTLzSNJ8OX_8euYEiZFgKxZfwkCT-\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">CYDY<\/a>)<br \/>Class Period: March 27, 2020 \u2013 March 9, 2021<br \/>Lead Plaintiff Deadline: <strong>May 17, 2021<\/strong><\/p>\n<p>The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements touting Leronlimab as a potential treatment for COVID-19 to pump up the CytoDyn\u2019s stock price while executives aggressively sold their shares. The complaint also alleges that CytoDyn engaged in a wrongful scheme whereby Iliad and other Fife entities operated as an unregistered securities dealer for CytoDyn.<\/p>\n<p>Follow us for updates on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=G_htcNUzZ_py3xntaFL7JRpelVPsZG_mChpbfTP0dk1byLGRrVwdK7U6XOFGDeA_BLvJQNt_ICfZjq7jDazNqbAnmrVvwuic5DNYR4vfieM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">twitter.com\/FRC_LAW<\/a>.<\/p>\n<p>To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to\u00a0learn more\u00a0about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dq-22Eni1NGM8OQz95DPrkGaZdW0PzAlQbjSZJhjqicgTtp94jLpZqPfN7p6LQuTFq6lBC7xUemvLbzEGdd4Da5BI2b_quHHNDJWX1n7QEE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@frankcruzlaw.com<\/a>, or visit our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-SOnQQPphkcWWCOFsMRTlHDYjh9FQp7pqbT1NhbSI6StRTLaS4zwhrckPjaKifUUqwsD5aiiKn2Y6NmlKCPOtWKKCq9MnZFz-JPbHW4hkfA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.frankcruzlaw.com<\/a>.\u00a0\u00a0 If you inquire by email please include your mailing address, telephone number, and number of shares purchased.<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p>\n        <strong>Contacts<\/strong>\n      <\/p>\n<p>The Law Offices of Frank R. Cruz, Los Angeles<br \/>Frank R. Cruz, 310-914-5007<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zGPsx-kgKwIC17zKsoWUCU_OuwBh5ZRAdGghN2Dr4O9Z2563yHP5BLK5misMxu-ChDkaqmMveezo1Ssf2fMZqT4Hs0dO8dEZRZe-4phOL7E=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">fcruz@frankcruzlaw.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-SOnQQPphkcWWCOFsMRTlH63FYRQTgRclCerIFHyV_ITP16ILBPCdLrhZbmvNBJlTo5TmQ3wBNqiatbG3lyauzdKjrNxU8XOCXB9xbl4v0Q=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.frankcruzlaw.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMDc0OSM0MTAzNTYzIzIxOTQyMzI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/68666ea5-80c8-48c7-a243-f50926fd7af3\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES, April 02, 2021 (GLOBE NEWSWIRE) &#8212; The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Neptune Wellness Solutions Inc. (NASDAQ: NEPT)Class Period: July 24, 2019 \u2013 February 16, 2021Lead Plaintiff Deadline: May 17, 2021 The complaint filed alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders&#8221;<\/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-470343","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders - 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\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LOS ANGELES, April 02, 2021 (GLOBE NEWSWIRE) &#8212; The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Neptune Wellness Solutions Inc. (NASDAQ: NEPT)Class Period: July 24, 2019 \u2013 February 16, 2021Lead Plaintiff Deadline: May 17, 2021 The complaint filed alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose &hellip; Continue reading &quot;DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-02T15:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMDc0OSM0MTAzNTYzIzIxOTQyMzI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. 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Cruz Reminds Investors of Class Actions on Behalf of Shareholders - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/","og_locale":"en_US","og_type":"article","og_title":"DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders - Market Newsdesk","og_description":"LOS ANGELES, April 02, 2021 (GLOBE NEWSWIRE) &#8212; The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Neptune Wellness Solutions Inc. (NASDAQ: NEPT)Class Period: July 24, 2019 \u2013 February 16, 2021Lead Plaintiff Deadline: May 17, 2021 The complaint filed alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose &hellip; Continue reading \"DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-02T15:03:44+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMDc0OSM0MTAzNTYzIzIxOTQyMzI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-nept-blu-ride-and-cydy-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DEADLINE ALERT for NEPT, BLU, RIDE, and CYDY: The Law Offices of Frank R. 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