Chronicle Journal: Finance

CLASS ACTION UPDATE for KL, KODK and AYX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / August 21, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

KL Shareholders Click Here: https://www.zlk.com/pslra-1/kirkland-lake-gold-ltd-information-request-form?prid=8739&wire=1
KODK Shareholders Click Here: https://www.zlk.com/pslra-1/eastman-kodak-company-information-request-form-2?prid=8739&wire=1
AYX Shareholders Click Here: https://www.zlk.com/pslra-1/alteryx-inc-information-request-form?prid=8739&wire=1

* ADDITIONAL INFORMATION BELOW *

Kirkland Lake Gold Ltd. (NYSE:KL)

KL Lawsuit on behalf of: investors who purchased January 8, 2018 - November 25, 2019
Lead Plaintiff Deadline : August 28, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/kirkland-lake-gold-ltd-information-request-form?prid=8739&wire=1

According to the filed complaint, 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.

Eastman Kodak Company (NYSE:KODK)

KODK Lawsuit on behalf of: investors who purchased July 27, 2020 - August 7, 2020
Lead Plaintiff Deadline : October 13, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/eastman-kodak-company-information-request-form-2?prid=8739&wire=1

According to a filed complaint, defendants failed to disclose that the Company had granted its Executive Chairman, James Continenza, and several other Company insiders millions of dollars' worth of stock options immediately prior to the Company publicly disclosing that it had received the $765 million loan, which Defendants knew would cause Kodak's stock to immediately increase in value once the deal was announced. In addition, while in possession of this material non-public information, Continenza and other Company insiders purchased tens of thousands of the Company's shares immediately prior to the announcement, again at prices that they knew would increase exponentially once news of the loan became public.

Alteryx, Inc. (NYSE:AYX)

AYX Lawsuit on behalf of: investors who purchased May 6, 2020 - August 6, 2020
Lead Plaintiff Deadline : October 19, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/alteryx-inc-information-request-form?prid=8739&wire=1

According to the filed complaint, during the class period, Alteryx, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was unable to close large deals within the quarter, and deals were pushed out to subsequent quarters or downsized; (2) as a result, Alteryx increasingly relied on adoption licenses to attract new customers; (3) as a result and due to the nature of adoption licenses, the Company's revenue was reasonably likely to decline; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/602773/CLASS-ACTION-UPDATE-for-KL-KODK-and-AYX-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

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