NEW YORK, NY / ACCESSWIRE / October 6, 2021 / Vincent Wong’s law firms announce that class actions have been initiated on behalf of certain shareholders of the following companies. If you have suffered prejudice, you have until the lead plaintiff deadline to request that the court appoint you lead plaintiff. There will be no obligation or cost to you.
Goutte d’eau inc. (NYSE: WDH)
If you have suffered a loss, contact us at:https://www.wongesq.com/pslra-1/waterdrop-inc-loss-submission-form?prid=20180&wire=1
Lead applicant’s deadline: November 15, 2021
This legal action is being brought on behalf of all persons or entities who purchased US Waterdrop Depository Shares as part of the Company’s initial public offering in May 2021.
The allegations against WDH include that: (a) Waterdrop had achieved a substantial part of its historic revenue growth through illicit means which violated Chinese rules and regulations governing the insurance industry; (b) Waterdrop had been ordered by the Chinese government to shut down its mutual aid platform due to its non-compliance with Chinese law; (c) Waterdrop was under investigation by regulatory authorities for continued violations of Chinese law; (d) due to (a) – (c) above, there was a material undisclosed risk and a substantial likelihood that Waterdrop would be the subject of serious adverse action by regulatory authorities as a result of the IPO; (e) Waterdrop’s operating losses more than quadrupled in the first quarter of 2021 due to the cessation of its self-help business and rapid growth in customer acquisition costs; and (f) due to (a) – (e) above, the statements in the registration statement regarding Waterdrop’s historical financial and operating metrics and alleged market opportunities did not accurately reflect the activities, operations, financial results and the actual trajectory of the Company. in the pre-IPO period, were materially false and misleading, and lacked a factual basis.
Hyzon Motors Inc. f / k / a Decarbonization Plus Acquisition Corporation (NASDAQ: HYZN)
If you have suffered a loss, contact us at:https://www.wongesq.com/pslra-1/hyzon-motors-inc-fka-decarbonization-plus-acquisition-corporation-loss-submission-form?prid=20180&wire=1
Lead applicant’s deadline: November 29, 2021
Class period: February 9, 2021 – September 27, 2021
The allegations against HYZN include the following: (1) Hyzon distorted the nature of its “customer” contracts and severely embellished its “agreements” and “partnerships” with its customers; (2) Hyzon was unable to deliver its vehicles announced in 2021, within the announced deadlines; and (3) accordingly, the defendants’ public statements were materially false and / or misleading at all material times.
Nano-X Imaging Ltd. (NASDAQ: NNOX)
If you have suffered a loss, contact us at:https://www.wongesq.com/pslra-1/nano-x-imaging-ltd-loss-submission-form-2?prid=20180&wire=1
Lead applicant’s deadline: December 6, 2021
Class period: June 17, 2021 – August 18, 2021
The allegations against NNOX include that: (i) the 510 (k) application of Nano-X for the Nanox.ARC was deficient; (ii) therefore, the Food and Drug Administration was unlikely to approve the 510 (k) application for Nanox.ARC in its current form; (iii) as a result, NanoX overestimated the regulatory and business prospects of Nanox.ARC; and (iv) accordingly, the Company’s public statements were materially false and misleading at all material times.
For more information, contact Vincent Wong, Esq. either by email [email protected] or by phone at 212.425.1140.
Vincent Wong, Esq. is an experienced lawyer who has represented investors in securities litigation involving financial fraud and violations of shareholder rights. Lawyer advertising. Past results do not guarantee similar results.
Vincent Wong, Esq.
39 Broadway East
New York, New York 10002
Email: [email protected]
THE SOURCE: Vincent Wong’s law firms
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