Innodata, Dick’s Sporting Goods, Fox Factory & Lantronix Shareholders: Important Class Action Lawsuit Deadlines Approaching

Date:

Investors in Innodata Inc. (INOD), Dick’s Sporting Goods (DKS), Fox Factory Holding Corp. (FOXF), and Lantronix, Inc. (LTRX) are reminded by The Law Offices of Frank R. Cruz of upcoming deadlines to file lead plaintiff motions in class action lawsuits. The lawsuits allege that the companies made false statements or failed to disclose essential information about their businesses.

For Innodata Inc., the Class Period is May 9, 2019, to February 14, 2024. The complaint accuses the company of misleading investors about its AI technology, leading to losses for shareholders. The lead plaintiff deadline is April 22, 2024.

Dick’s Sporting Goods is facing a lawsuit for the Class Period of May 25, 2022, to August 21, 2023. Allegations include false statements about product demand and inventory management, resulting in negative impacts on profitability. The lead plaintiff deadline is April 22, 2024.

Investors in Fox Factory Holding Corp. during the Class Period of January 11, 2022, to May 30, 2023, are also potential lead plaintiffs. The company is accused of concealing a business slowdown and inventory issues that misled investors. The lead plaintiff deadline is April 8, 2024.

Lantronix, Inc. investors during the Class Period of May 11, 2023, to February 8, 2024, are advised to consider participating in the class action lawsuit. The allegations revolve around Lantronix overstating demand for its IoT products and failing to meet revenue expectations. The lead plaintiff deadline is April 23, 2024.

For more information about these class action lawsuits or to discuss legal options, investors can contact The Law Offices of Frank R. Cruz. It is recommended that affected shareholders take appropriate action before the specified deadlines to protect their rights.

See also  Baidu Set to Release Smartphone With Its Smart Speaker Brand Xiaodu

Overall, investors in these companies are encouraged to stay informed about the ongoing legal proceedings and consider their potential involvement in the class action lawsuits.#End of the news.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Security Flaw Exposes Chats in OpenAI ChatGPT App, Risks Persist

Stay informed about the latest security updates for OpenAI's ChatGPT app amidst ongoing privacy risks.

Privacy Concerns: OpenAI’s ChatGPT App for Mac Exposes Chats in Plain Text

OpenAI addresses privacy concerns over ChatGPT app on Mac by encrypting conversations, ensuring user data security.

Hacker Breaches OpenAI Messaging System, Stealing AI Design Details

Hacker breaches OpenAI messaging system, stealing AI design details. Learn about cybersecurity risks in the AI industry.

OpenAI Security Breach Exposes AI Secrets, Raises National Security Concerns

OpenAI Security Breach exposes AI secrets, raising national security concerns. Hacker steals design details from company's messaging system.