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

NEW YORK, NY / ACCESSWIRE / June 9, 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.

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=40672&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.

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=40672&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.

NextEra Energy, Inc. (NYSE:NEE)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/nextera-energy-class-action-submission-form?prid=40672&wire=1
Lead Plaintiff Deadline: July 25, 2023
Class Period: December 2, 2021 - February 1, 2023

Allegations against NEE include that: (1) Florida Power and Light Company's surreptitious orchestration of political misconduct exposed NEE to substantial legal and reputational risk; and (2) in light of the above, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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