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The Gross Legislation Company Announces Course Actions on Behalf of Shareholders of QIWI, GDRX and QS

The MarketWatch News Department was not associated in the generation of this information.

January 20, 2021 (ACCESSWIRE by way of COMTEX) —
NEW YORK, NY / ACCESSWIRE / January 20, 2021 / The securities litigation legislation agency of The Gross Law Firm problems the pursuing recognize on behalf of shareholders in the adhering to publicly traded firms. Shareholders who ordered shares in the pursuing businesses in the course of the dates stated are encouraged to speak to the firm relating to achievable Guide Plaintiff appointment. Appointment as Guide Plaintiff is not required to partake in any recovery.

Qiwi plc (NASDAQ:QIWI)

Investors Affected : March 28, 2019 – December 9, 2020

A course action has commenced on behalf of sure shareholders in Qiwi plc. The submitted criticism alleges that defendants manufactured materially false and/or misleading statements and/or failed to disclose that: (1) Qiwi’s inside controls relevant to reporting and document-holding have been ineffective (2) as a result, the Central Bank of Russia would impose a monetary fantastic on the Firm and impose limitations on the Company’s ability to make payments to international retailers and transfer cash to pre-paid out playing cards and (3) as a final result, Defendants’ public statements have been materially untrue and/or misleading at all suitable moments.

Shareholders may possibly obtain far more info at https://securitiesclasslaw.com/securities/qiwi-plc-loss-submission-form/?id=12308&from=1

GoodRx Holdings, Inc (NASDAQ:GDRX)

Investors Impacted : September 23, 2020 – November 16, 2020

A class action has commenced on behalf of sure shareholders in GoodRx Holdings, Inc. The submitted criticism alleges that defendants designed materially false and/or misleading statements and/or failed to disclose that: at the time of the IPO, unbeknownst to traders, Amazon.com, Inc. was acquiring and would quickly introduce its very own on the internet and mobile prescription medication buying and achievement company that would instantly compete with GoodRx. Defendants timed the IPO so that it was priced ahead of Amazon announced its on the net pharmaceutical organization to facilitate the IPO and develop artificial need for the frequent shares sold therein, as well to optimize the amount of money of funds the Corporation and the advertising stockholders could increase in the IPO. Presented defendants’ know-how of Amazon’s intention to enter the on line pharmaceutical small business, and their misleading statements about GoodRx’s aggressive posture made contemporaneously with that know-how, defendants’ materially false and/or misleading statements alleged herein were designed willfully and triggered GoodRx typical inventory to trade at artificially inflated costs for the duration of the Class Period of time.

Shareholders could locate far more details at https://securitiesclasslaw.com/securities/goodrx-holdings-inc-loss-submission-variety/?id=12308&from=1

QuantumScape Company f/k/a Kensington Funds Acquisition Corp. (NYSE:QS)

Investors Influenced : November 27, 2020 – December 31, 2020

A course motion has commenced on behalf of particular shareholders in QuantumScape Company f/k/a Kensington Cash Acquisition Corp. The submitted grievance alleges that defendants designed materially untrue and/or deceptive statements and/or unsuccessful to disclose that: (1) that the Firm’s purported success linked to its strong-point out battery electric power, battery life, and electrical power density were being drastically overstated (2) that the Enterprise is not likely to be ready to scale its technology to the multi-layer cell important to power electric powered motor vehicles and (3) that, as a outcome of the foregoing, Defendants’ beneficial statements about the Company’s business, functions, and prospects were being materially misleading and/or lacked a sensible basis.

Shareholders may perhaps uncover more facts at https://securitiesclasslaw.com/securities/quantumscape-corporation-f-k-a-kensington-funds-acquisition-corp-loss-submission-sort/?id=12308&from=1

Image: https://securitiesclasslaw.com/wp-written content/uploads/2021/01/grosslawlogo.jpg

The Gross Legislation Agency is fully commited to making certain that providers adhere to accountable small business practices and interact in good corporate citizenship. The business seeks restoration on behalf of investors who incurred losses when bogus and/or deceptive statements or the omission of content details by a Business lead to synthetic inflation of the Company’s stock. Attorney promoting. Prior effects do not assurance identical results.

Call:

The Gross Legislation Agency

15 West 38th Road, 12th floor

New York, NY, 10018

E-mail: [email protected]

Phone: (212) 537-9430

Fax: (833) 862-7770

Resource: The Gross Law Firm

Watch supply model on accesswire.com:

https://www.accesswire.com/625171/The-Gross-Regulation-Business-Announces-Course-Actions-on-Behalf-of-Shareholders-of-QIWI-GDRX-and-QS

COMTEX_377978804/2457/2021-01-20T18:59:12

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Copyright 2021 ACCESSWIRE

The MarketWatch News Section was not involved in the creation of this written content.