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SHAREHOLDER ALERT: TSE FRC STEM: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

FRCB, TSE

NEW YORK, NY / ACCESSWIRE / May 31, 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.

Trinseo PLC (NYSE:TSE)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/trinseo-plc-class-action-submission-form?prid=40151&wire=1
Lead Plaintiff Deadline: June 20, 2023
Class Period: May 3, 2021 - March 27, 2023

Allegations against TSE include that: (1) the Company's Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse events; and (4) as a result, defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.

First Republic Bank (OTCMKT:FRC)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/first-republic-class-action-submission-form?prid=40151&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").

Stem, Inc. f/k/a Star Peak Energy Transition Corp. (NYSE:STEM)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/stem-inc-class-action-submission-form?prid=40151&wire=1
Lead Plaintiff Deadline: July 11, 2023
This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired Stem securities: (a) pursuant and/or traceable to certain documents issued in connection with the merger consummated on April 28, 2021, by and among the Company, STPK Merger Sub Corp., and Stem, Inc., a private Delaware corporation; and/or (b) between March 4, 2021, and February 16, 2023, both dates inclusive.

Allegations against STEM include that: (i) Legacy Stem suffered from material weaknesses in internal control over financial reporting related to accounting for the deferred cost of goods sold and inventory, certain revenue recognition calculations, and internal-use capitalized software calculations; (ii) the Company had overstated Legacy Stem's and its own post-Merger business and financial prospects; (iii) Stem's software revenue did not makeup 100% of the Company's services revenue; (iv) Stem had overstated the benefits expected to flow from its AP partnership; and (v) as a result, the offering documents and defendants public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.

The Law Offices of Vincent Wong, Wednesday, May 31, 2023, Press release picture

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



View source version on accesswire.com:
https://www.accesswire.com/758497/SHAREHOLDER-ALERT-TSE-FRC-STEM-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines