{"id":470921,"date":"2021-04-05T11:03:28","date_gmt":"2021-04-05T15:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470921"},"modified":"2021-04-05T11:03:28","modified_gmt":"2021-04-05T15:03:28","slug":"deadline-alert-for-blue-eh-and-jt-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-blue-eh-and-jt-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-5\/","title":{"rendered":"DEADLINE ALERT for BLUE, EH, and JT: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders"},"content":{"rendered":"
\n

LOS ANGELES, April 05, 2021 (GLOBE NEWSWIRE) — 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. Investors have until the deadlines listed below to file a lead plaintiff motion.<\/p>\n

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<\/a>.<\/p>\n

\n bluebird bio, Inc.<\/strong> (NASDAQ: BLUE<\/a>)
Class Period:\u00a0 May 11, 2020 \u2013 November 4, 2020
Lead Plaintiff Deadline: April 13, 2021<\/strong><\/p>\n

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, Defendants failed to disclose to investors that: (1) data supporting bluebird’s BLA submission for LentiGlobin for SCD was insufficient to demonstrate drug product comparability; (2) Defendants downplayed the foreseeable impact of disruptions related to the COVID-19 pandemic on the Company’s BLA submission schedule for LentiGlobin for SCD, particularly with respect to manufacturing; (3) as a result of all the foregoing, it was foreseeable that the Company would not submit the BLA for LentiGlobin for SCD in the second half of 2021; and (4) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n EHang Holdings Limited<\/strong> (NASDAQ: EH<\/a>)
Class Period: December 12, 2019 \u2013 February 16, 2021
Lead Plaintiff Deadline: April 19, 2021<\/strong><\/p>\n

\n
\n Shareholders with $10,000 losses or more are encouraged to contact the firm<\/em>
\n <\/strong>\n <\/p>\n

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, Defendants failed to disclose to investors that: (1) the Company\u2019s purported regulatory approvals in Europe and North America for its EH216 were for use as a drone, and not for carrying passengers; (2) its relationship with its purported primary customer is a sham; (3) EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (4) the Company\u2019s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (5) as a result, Defendants\u2019 statements about its business, operations, and prospects were materially false and misleading and\/or lacked reasonable basis at all relevant times.<\/p>\n

\n Jianpu Technology, Inc.<\/strong> (NYSE: JT<\/a>)
Class Period: May 29, 2018 \u2013 February 16, 2021
Lead Plaintiff Deadline: April 19, 2021<\/strong><\/p>\n

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, Defendants failed to disclose to investors: (1) that certain of the Company\u2019s transactions carried out by the Credit Card Recommendation Business Unit involved undisclosed relationships or lacked business substance; (2) that, as a result, Jianpu\u2019s revenue and costs and expenses for fiscal 2018 and 2019 were overstated; (3) that there were material weaknesses in Jianpu\u2019s internal control over financial reporting; (4) that, as a result of the foregoing, the Company\u2019s fiscal 2018 Form 20-F was reasonably likely to be restated; and (5) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.<\/p>\n

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 info@frankcruzlaw.com<\/a>, or visit our website at www.frankcruzlaw.com<\/a>.\u00a0 If you inquire by email please include your mailing address, telephone number, and number of shares purchased.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n Contacts<\/strong>\n <\/p>\n

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com<\/a>
www.frankcruzlaw.com<\/a><\/p>\n


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

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

LOS ANGELES, April 05, 2021 (GLOBE NEWSWIRE) — 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. 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. bluebird bio, Inc. (NASDAQ: BLUE)Class Period:\u00a0 May 11, 2020 \u2013 November 4, 2020Lead Plaintiff Deadline: April 13, 2021 The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as … <\/p>\n

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