Chronicle Journal: Finance

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KL, BAYRY and ERII

NEW YORK, NY / ACCESSWIRE / August 18, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Kirkland Lake Gold Ltd. (NYSE:KL)
Class Period: January 8, 2018 - November 25, 2019
Lead Plaintiff Deadline: August 28, 2020

The complaint alleges that during the class period Kirkland Lake Gold Ltd. made materially false and/or misleading statements and/or failed to disclose that: (i) Kirkland lacked adequate internal controls over financial reporting, especially as it relates to its projections of risks, reserve grade, and all-in sustaining costs; (ii) as a result of the known, but undisclosed, impending acquisition of Detour, the Company's projections relating to its risks, reserve grade, and all-in sustaining costs were false and misleading; (iii) the Company's financial statements and projections were not fairly presented in conformity with International Financial Reporting Standards; (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company's business, operations, and prospects and/or lacked a reasonable basis and omitted material facts.

Learn about your recoverable losses in KL: http://www.kleinstocklaw.com/pslra-1/kirkland-lake-gold-ltd-loss-submission-form?id=8651&from=1

Bayer Aktiengesellschaft (OTCMKT:BAYRY)
Lawsuit on behalf of all persons or entities that purchased or otherwise acquired Bayer American Depositary Receipts between May 23, 2016 and March 19, 2019.
Lead Plaintiff Deadline: September 14, 2020

The BAYRY lawsuit alleges Bayer Aktiengesellschaft made materially false and/or misleading statements and/or failed to disclose during the class period that: 1) following its acquisition of Monsanto Company, Bayer could be at risk of suffering billions of dollars in judgments and reputational damage if the lawsuits brought against Monsanto alleging that exposure to its glyphosate-based Roundup product caused cancer were successful, 2) a result, Defendants' positive statements about the prospects of the Monsanto acquisition and the benefits it would create for Bayer's business were materially false and/or misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in BAYRY: http://www.kleinstocklaw.com/pslra-1/bayer-aktiengesellschaft-loss-submission-form?id=8651&from=1

Energy Recovery, Inc. (NASDAQ:ERII)
Class Period: August 2, 2017 - June 29, 2020
Lead Plaintiff Deadline: September 21, 2020

The ERII lawsuit alleges that Energy Recovery, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

Learn about your recoverable losses in ERII: http://www.kleinstocklaw.com/pslra-1/energy-recovery-inc-loss-submission-form?id=8651&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



View source version on accesswire.com:
https://www.accesswire.com/602226/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-KL-BAYRY-and-ERII

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