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NEW YORK, NY / ACCESSWIRE / December 10, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
The RealReal, Inc. (REAL)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/the-realreal-inc-loss-submission-form?prid=4816&wire=1
Lead Plaintiff Deadline: January 24, 2020
Class Period: all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company's registration statement issued in connection with the Company's June 27, 2019 initial public offering.
Allegations against REAL include that: (1) the Company's employees received little training on how to spot fake items; (2) the Company's strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through Company's authentication process was higher than disclosed; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Wanda Sports Group Company Limited (WSG)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/wanda-sports-group-company-limited-loss-submission-form?prid=4816&wire=1
Lead Plaintiff Deadline: January 17, 2020
Class Period: Wanda Sports' securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Wanda Sports' July 26, 2019 initial public offering.
Allegations against WSG include that: (1) the lack of major sporting events for its Digital, Production, Sports Solutions ("DPSS") and Spectator Sports segments for its second quarter of 2019, ending before the initial public offering, would negatively impact revenue for the second quarter of 2019; (2) Wanda Sports had suffered a year-over-year decrease in revenue in its second quarter ended June 30, 2019 and would for its fiscal year 2019, primarily related to lower reimbursement revenues accounted for in its DPSS segment and lack of Spectator Sport segment offsets; and (3) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Domo, Inc. (DOMO)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/domo-inc-loss-submission-form?prid=4816&wire=1
Lead Plaintiff Deadline: December 16, 2019
Class Period: shareholders who acquired: (a) Domo common stock pursuant and/or traceable to the Company's initial public offering commenced on or around June 29, 2018; or (b) Domo securities between June 28, 2018 and September 5, 2019, both dates inclusive.