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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of BSX, NAK and QSR

·3 min read

NEW YORK, NY / ACCESSWIRE / January 25, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Boston Scientific Corporation (NYSE:BSX)

Investors Affected : April 24, 2019 - November 16, 2020

A class action has commenced on behalf of certain shareholders in Boston Scientific Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the LOTUS Edge Aortic Valve System's product delivery system was dysfunctional and threatened the continued viability of the entire product line; (ii) as a result, the Company had materially overstated the continued commercial viability and profitability of the LOTUS Edge Aortic Valve System; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/boston-scientific-corporation-loss-submission-form/?id=12387&from=1

Northern Dynasty Minerals Ltd. (NYSE:NAK)

Investors Affected : December 21, 2017 - November 25, 2020

A class action has commenced on behalf of certain shareholders in Northern Dynasty Minerals Ltd. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, the Company's permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/northern-dynasty-minerals-ltd-loss-submission-form/?id=12387&from=1

Restaurant Brands International Inc. (NYSE:QSR)

Investors Affected : April 29, 2019 - October 28, 2019

A class action has commenced on behalf of certain shareholders in Restaurant Brands International Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's Winning Together Plan was failing to generate substantial, sustainable improvement within the Tim Hortons brand; (2) the Tims Rewards loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and (3) as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/restaurant-brands-international-inc-loss-submission-form/?id=12387&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm



View source version on accesswire.com:
https://www.accesswire.com/625684/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-BSX-NAK-and-QSR

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  • Here's How Much Investing $1,000 In Intel Stock 5 Years Ago Would Be Worth Today

    Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 120.4%. But there is no question some big-name stocks performed better than others along the way.A Big Run: Intel Corporation (NASDAQ: INTC) has had a bumpy ride since 2016. But despite lots of struggles along the way, Intel investors have gotten some decent overall returns.The rise of smartphones, online gaming, cloud computing, cryptocurrency and other innovations created a boom in semiconductor demand over the past decade. Unfortunately for Intel, innovation missteps and production delays led to missed opportunities for company in the past five years.Throughout 2018 and 2019, Intel was unable to produce enough CPUs to supply its customers, essentially turning over market share to rival Advanced Micro Devices, Inc. (NASDAQ: AMD) and others for free. In 2020, Intel said chip manufacturing issues would once again be delaying production of its 7-nanometer chips, and the company may be forced to rely on third-party manufacturers for the first time.At the beginning of 2016, Intel shares were trading at around $34. The stock hit its low point of the past five years in mid-2016, dipping down to $24.87.From that point, the stock steadily churned higher over the next several years, reaching $50 in early 2018 and $60 for the first time in early 2020.Related Link: Here's How Much Investing ,000 In Morgan Stanley Stock 5 Years Ago Would Be Worth TodayIntel In 2021, Beyond: Intel peaked at $59.29 prior to the COVID-19 pandemic sell-off, which pushed the stock back down to $43.63 in March. Intel revisited its 2020 lows again in late October, but skyrocketed back up to above $57 per share in January after the company announced a new CEO, Pat Gelsinger.Investors who had no knowledge of the massive gains from semiconductor peers like AMD in the past five years would be fairly satisfied with their Intel returns.Intel investors that bought and held on through a volatile five-year period turned a significant profit. In fact, $1,000 worth of Intel stock bought in 2016 would be worth about $2,408 today, assuming reinvested dividends.Looking ahead, analysts expect Intel to grind higher in the next 12 months. The average price target among the 33 analysts covering the stock is $60, suggesting only 4.5% upside from current levels.(Photo: Walden Kirsch/Intel Corporation)See more from Benzinga * Click here for options trades from Benzinga * Option Trader Bets M On Advanced Micro Devices Following CES Presentation(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Dow Jones Futures Dip, Tech Futures Jump As Apple, Tesla Lead Earnings Tsunami

    The stock market is riding a bullish wave, but here comes a tsunami of earnings, led by Apple and Tesla. With the Nasdaq extended, here's what to do.

  • How Biden's student loan forgiveness could throw you a big tax bomb

    Saying goodbye to some of your student debt could come at a huge price.