NEW YORK, NY / ACCESSWIRE / November 17, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
EAR Shareholders Click Here: https://www.zlk.com/pslra-1/eargo-inc-loss-submission-form?prid=21301&wire=1
APPH Shareholders Click Here: https://www.zlk.com/pslra-1/appharvest-inc-loss-submission-form?prid=21301&wire=1
HMLP Shareholders Click Here: https://www.zlk.com/pslra-1/hoegh-lng-partners-lp-loss-submission-form?prid=21301&wire=1
* ADDITIONAL INFORMATION BELOW *
Eargo, Inc. (NASDAQ:EAR)
This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired: (a) Eargo shares in or traceable to the Company's initial public offering of common stock conducted on or around October 15, 2020 (the "Offering"); and/or (b) shares of Eargo common stock between October 15, 2020 and September 22, 2021, inclusive.
Lead Plaintiff Deadline: December 6, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/eargo-inc-loss-submission-form?prid=21301&wire=1
According to the filed complaint, (1) Eargo had improperly sought reimbursements from certain third-party payors; (2) the foregoing was reasonably likely to lead to regulatory scrutiny; (3) as a result and because the reimbursements at issue involved the Company's largest third-party payor, Eargo's financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
AppHarvest, Inc. (NASDAQ:APPH)
APPH Lawsuit on behalf of: investors who purchased May 17, 2021 - August 10, 2021
Lead Plaintiff Deadline: November 23, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/appharvest-inc-loss-submission-form?prid=21301&wire=1
According to the filed complaint, during the class period, AppHarvest, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) AppHarvest lacked sufficient training for its recently expanded labor force; (2) as a result, the Company could not produce Grade No. 1 tomatoes consistently; (3) as a result, the Company's financial results would be adversely impacted; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Hoegh LNG Partners Lp (NYSE:HMLP)
HMLP Lawsuit on behalf of: investors who purchased August 22, 2019 - July 27, 2021
Lead Plaintiff Deadline: December 27, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/hoegh-lng-partners-lp-loss-submission-form?prid=21301&wire=1
According to the filed complaint, during the class period, Hoegh LNG Partners Lp made materially false and/or misleading statements and/or failed to disclose that: (1) the Partnership was facing issues with the PT Perusahaan Gas Negara ("PGN") Floating Storage Regasification Unit ("FSRU") Lampung charter; (2) as a result, the PGN FSRU Lampung charterer would state that it would commence arbitration to declare the charter null and void, and/or to terminate the charter, and/or seek damages; (3) the Partnership would need to find alternative refinancing for its PGN FSRU Lampung credit facility; (4) the PGN FSRU Lampung credit facility matured in September 2021, not October 2021 as previously stated; (5) the Partnership would be forced to accept less favorable refinancing terms with regards to the PGN FSRU Lampung credit facility; (6) Höegh LNG would not extend the revolving credit line to the Partnership past its maturation date; (7) Höegh LNG would reveal that it "will have very limited capacity to extend any additional advances to the Partnership beyond what is currently drawn under the facility"; (8) as a result of the foregoing, the Partnership would essentially end distributions to common units holders; (9) the COVID-19 pandemic was not the sole or root cause of the Partnership's issues in Indonesia, in 2019, before the pandemic, there were already a very low amount of demand in Indonesia for the Partnership's gas; (10) the auditing, tax, nor maintenance of PGN FSRU Lampung were not the sole or root cause(s) of the Partnership's issues in Indonesia; and (11) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
View source version on accesswire.com:
https://www.accesswire.com/673364/CLASS-ACTION-UPDATE-for-EAR-APPH-and-HMLP-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders
