{"id":471265,"date":"2021-04-06T02:08:14","date_gmt":"2021-04-06T06:08:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471265"},"modified":"2021-04-06T02:08:14","modified_gmt":"2021-04-06T06:08:14","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation &#8211; SFTBY"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">April 6, 2021<\/span> \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of SoftBank Group Corporation\u00a0\u00a0(&#8220;SoftBank&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0SFTBY). Such investors are advised to contact <span class=\"xn-person\">Robert S. Willoughby<\/span> at <a target=\"_blank\" href=\"mailto:newaction@pomlaw.com\" rel=\"nofollow noopener noreferrer\">newaction@pomlaw.com<\/a>\u00a0or 888-476-6529, ext. 7980.<\/p>\n<p>The investigation concerns whether SoftBank and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 <\/p>\n<p class=\"prntac\">\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3119620-12&amp;h=2265765608&amp;u=https%3A%2F%2Fpomlaw.com%2Flearn-more-form%3Fcompany%3DSFTBY&amp;a=%5BClick+here+for+information+about+joining+the+class+action%5D\" rel=\"nofollow noopener noreferrer\">[Click here for information about joining the class action]<\/a>\u00a0<\/p>\n<p>On <span class=\"xn-chron\">March 24, 2021<\/span>, the short seller research site PlainSite posted a letter from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) on Twitter, in response to a <span class=\"xn-chron\">December 2020<\/span> Freedom of Information Act (&#8220;FOIA&#8221;) request, which revealed that SoftBank was the subject of an ongoing SEC investigation.\u00a0The initial FOIA request sought information related to SoftBank&#8217;s trading of the securities of companies controlled by SoftBank Chief Executive Officer <span class=\"xn-person\">Masayoshi Son<\/span>.\u00a0<\/p>\n<p>On this news, SoftBank&#8217;s stock price fell <span class=\"xn-money\">$2.30<\/span> per share, or 5.12%, to close at <span class=\"xn-money\">$42.65<\/span> per share on <span class=\"xn-chron\">March 24, 2021<\/span>.<\/p>\n<p>The Pomerantz Firm, with offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">Los Angeles<\/span>, and <span class=\"xn-location\">Paris<\/span> is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late <span class=\"xn-person\">Abraham L. Pomerantz<\/span>, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3119620-12&amp;h=669160091&amp;u=http%3A%2F%2Fwww.pomerantzlaw.com%2F&amp;a=www.pomerantzlaw.com\" rel=\"nofollow noopener noreferrer\">www.pomerantzlaw.com<\/a><\/p>\n<p>\n        <b>Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Robert S. Willoughby<\/span><br \/>\n        <br \/>Pomerantz LLP<br \/><a target=\"_blank\" href=\"mailto:rswilloughby@pomlaw.com\" rel=\"nofollow noopener noreferrer\">rswilloughby@pomlaw.com<\/a>\u00a0<br \/>888-476-6529 ext. 7980<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC33011&amp;sd=2021-04-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation---sftby-301262588.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation&#8212;sftby-301262588.html<\/a><\/p>\n<p>SOURCE  Pomerantz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC33011&amp;Transmission_Id=202104060205PR_NEWS_USPR_____DC33011&amp;DateId=20210406\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, April 6, 2021 \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of SoftBank Group Corporation\u00a0\u00a0(&#8220;SoftBank&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0SFTBY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether SoftBank and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action]\u00a0 On March 24, 2021, the short seller research site PlainSite posted a letter from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) on Twitter, in response to a December 2020 Freedom of Information Act (&#8220;FOIA&#8221;) request, which revealed that SoftBank was the subject of an ongoing SEC investigation.\u00a0The initial FOIA request &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation &#8211; SFTBY&#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-471265","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation - SFTBY - 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\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation - SFTBY - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, April 6, 2021 \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of SoftBank Group Corporation\u00a0\u00a0(&#8220;SoftBank&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0SFTBY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether SoftBank and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action]\u00a0 On March 24, 2021, the short seller research site PlainSite posted a letter from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) on Twitter, in response to a December 2020 Freedom of Information Act (&#8220;FOIA&#8221;) request, which revealed that SoftBank was the subject of an ongoing SEC investigation.\u00a0The initial FOIA request &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation &#8211; SFTBY&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T06:08:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC33011&amp;sd=2021-04-06\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation &#8211; 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Pomerantz LLP is investigating claims on behalf of investors of SoftBank Group Corporation\u00a0\u00a0(&#8220;SoftBank&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0SFTBY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether SoftBank and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action]\u00a0 On March 24, 2021, the short seller research site PlainSite posted a letter from the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) on Twitter, in response to a December 2020 Freedom of Information Act (&#8220;FOIA&#8221;) request, which revealed that SoftBank was the subject of an ongoing SEC investigation.\u00a0The initial FOIA request &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation &#8211; SFTBY\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-06T06:08:14+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC33011&amp;sd=2021-04-06","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-softbank-group-corporation-sftby-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corporation &#8211; 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