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LAWSUITS FILED AGAINST BLUE, IRTC and PLUG - JAKUBOWITZ LAW PURSUES SHAREHOLDERS CLAIMS

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·3 min read
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NEW YORK, NY / ACCESSWIRE / March 18, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

bluebird bio, Inc. (NASDAQ:BLUE)

CONTACT JAKUBOWITZ ABOUT BLUE:
https://claimyourloss.com/securities/bluebird-bio-inc-loss-submission-form/?id=13794&from=1

Class Period : May 11, 2020 - November 4, 2020

Lead Plaintiff Deadline : April 13, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) data supporting bluebird's BLA submission for LentiGlobin for SCD was insufficient to demonstrate drug product comparability; (ii) Defendants downplayed the foreseeable impact of disruptions related to the COVID-19 pandemic on the Company's BLA submission schedule for LentiGlobin for SCD, particularly with respect to manufacturing; (iii) as a result of all the foregoing, it was foreseeable that the Company would not submit the BLA for LentiGlobin for SCD in the second half of 2021; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

iRhythm Technologies, Inc. (NASDAQ:IRTC)

CONTACT JAKUBOWITZ ABOUT IRTC:
https://claimyourloss.com/securities/irhythm-technologies-inc-loss-submission-form/?id=13794&from=1

Class Period : August 4, 2020 - January 28, 2021

Lead Plaintiff Deadline : April 2, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) iRhythm's business would suffer as a result of the CMS' rulemaking; (2) reimbursement rates would in fact plummet; (3) a lack of national pricing in the CMS rule and fee schedule would cause uncertainty and weakness in the Company's business; and (4) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times

Plug Power Inc. (NASDAQ:PLUG)

CONTACT JAKUBOWITZ ABOUT PLUG:
https://claimyourloss.com/securities/plug-power-inc-loss-submission-form/?id=13794&from=1

Class Period : November 9, 2020 - March 1, 2021

Lead Plaintiff Deadline : May 7, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1 the Company would be unable to timely file its 2020 annual report due to delays related to the review of classification of certain costs and the recoverability of the right to use assets with certain leases; (2) the Company was reasonably likely to report material weaknesses in its internal control over financial reporting; and (3) 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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/636251/LAWSUITS-FILED-AGAINST-BLUE-IRTC-and-PLUG--JAKUBOWITZ-LAW-PURSUES-SHAREHOLDERS-CLAIMS