{"id":473383,"date":"2021-04-08T01:53:19","date_gmt":"2021-04-08T05:53:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473383"},"modified":"2021-04-08T01:53:19","modified_gmt":"2021-04-08T05:53:19","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited-bb","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited-bb\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited &#8211; BB"},"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 8, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0BlackBerry Limited (&#8220;BlackBerry&#8221; or the &#8220;Company&#8221;)\u00a0(NYSE: BB). 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 BlackBerry and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.<\/p>\n<p class=\"prntac\">\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3122684-7&amp;h=1553318949&amp;u=https%3A%2F%2Fpomlaw.com%2Flearn-more-form%3Fcompany%3DBB&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 30, 2021<\/span>, BlackBerry reported fourth-quarter 2020 losses of <span class=\"xn-money\">$315 million<\/span>, or <span class=\"xn-money\">$0.56<\/span> per share, on revenue of <span class=\"xn-money\">$210 million<\/span>, down from <span class=\"xn-money\">$282 million<\/span> in the same period last year. The Company attributed part of its revenue shortfall to negotiations to limited patent-licensing, explaining that the Company was in negotiations with an unnamed &#8220;North American party for the sale of a portion of the company&#8217;s portfolio, primarily related to mobile-devices messaging and wireless networking.&#8221;<\/p>\n<p>On this news, BlackBerry&#8217;s stock price fell <span class=\"xn-money\">$0.91<\/span> per share, or 9.74%, to close at <span class=\"xn-money\">$8.43<\/span> per share on <span class=\"xn-chron\">March 31, 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=3122684-7&amp;h=2971088273&amp;u=http%3A%2F%2Fwww.pomerantzlaw.com%2F&amp;a=www.pomerantzlaw.com\" rel=\"nofollow noopener noreferrer\">www.pomerantzlaw.com<\/a>\u00a0<\/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><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=DC36140&amp;sd=2021-04-08\" \/> 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-blackberry-limited---bb-301264699.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited&#8212;bb-301264699.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=DC36140&amp;Transmission_Id=202104080150PR_NEWS_USPR_____DC36140&amp;DateId=20210408\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, April 8, 2021 \/PRNewswire\/ &#8212;\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0BlackBerry Limited (&#8220;BlackBerry&#8221; or the &#8220;Company&#8221;)\u00a0(NYSE: BB). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether BlackBerry and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]\u00a0 On March 30, 2021, BlackBerry reported fourth-quarter 2020 losses of $315 million, or $0.56 per share, on revenue of $210 million, down from $282 million in the same period last year. The Company attributed part of its revenue shortfall to negotiations to limited patent-licensing, explaining that the Company was in negotiations &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-blackberry-limited-bb\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited &#8211; BB&#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-473383","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited - BB - 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-blackberry-limited-bb\/\" \/>\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 BlackBerry Limited - BB - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, April 8, 2021 \/PRNewswire\/ &#8212;\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0BlackBerry Limited (&#8220;BlackBerry&#8221; or the &#8220;Company&#8221;)\u00a0(NYSE: BB). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether BlackBerry and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]\u00a0 On March 30, 2021, BlackBerry reported fourth-quarter 2020 losses of $315 million, or $0.56 per share, on revenue of $210 million, down from $282 million in the same period last year. The Company attributed part of its revenue shortfall to negotiations to limited patent-licensing, explaining that the Company was in negotiations &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited &#8211; BB&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited-bb\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-08T05:53:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC36140&amp;sd=2021-04-08\" \/>\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-blackberry-limited-bb\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited-bb\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited &#8211; 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Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com\u00a0or 888-476-6529, ext. 7980. The investigation concerns whether BlackBerry and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]\u00a0 On March 30, 2021, BlackBerry reported fourth-quarter 2020 losses of $315 million, or $0.56 per share, on revenue of $210 million, down from $282 million in the same period last year. The Company attributed part of its revenue shortfall to negotiations to limited patent-licensing, explaining that the Company was in negotiations &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited &#8211; BB\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited-bb\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-08T05:53:19+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC36140&amp;sd=2021-04-08","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-blackberry-limited-bb\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-blackberry-limited-bb\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors BlackBerry Limited &#8211; 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