NEW YORK, NY / ACCESSWIRE / May 29, 2023 / 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.
First Republic Bank (NYSE:FRC)
If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/first-republic-class-action-submission-form?prid=39998&wire=1
Lead Plaintiff Deadline: June 23, 2023
Class Period: January 14, 2021 - March 14, 2023
According to the complaint, Defendants misrepresented the strength of the Company's balance sheet and liquidity position, while also understating the significant pressure rising interest rates posed to First Republic's business model. Defendants also misrepresented the strength of the Company's ability to deliver consistent results across different interest rate environments, the diversity of the Company's deposit funding base, and the Company's ability to generate net interest income ("NII") growth and maintain stable net interest margin ("NIM").
Icahn Enterprises L.P. (NASDAQ:IEP)
If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/icahn-enterprises-class-action-submission-form?prid=39998&wire=1
Lead Plaintiff Deadline: July 10, 2023
Class Period: August 2, 2018 - May 9, 2023
Allegations against IEP include that: (i) Icahn Enterprises was inflating its net asset value; (ii) the Company was using money taken in from new investors to pay out dividends to old investors; (iii) as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (iv) as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Virtu Financial, Inc. (NASDAQ:VIRT)
If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/virtu-class-action-submission-form?prid=39998&wire=1
Lead Plaintiff Deadline: July 18, 2023
Class Period: March 1, 2019 - April 28, 2023
Allegations against VIRT include that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
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https://www.accesswire.com/757880/SHAREHOLDER-ALERT-FRC-IEP-VIRT-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines