Sat, 01 Oct 2022

NEW YORK, NY / ACCESSWIRE / August 11, 2022 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Yext, Inc. (NYSE:YEXT)

CONTACT JAKUBOWITZ ABOUT YEXT:
https://claimyourloss.com/securities/yext-lawsuit-submission-form/?id=30786&from=1

Class Period: March 4, 2021 - March 8, 2022

Lead Plaintiff Deadline: August 16, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Missfresh Limited (NASDAQ:MF)

CONTACT JAKUBOWITZ ABOUT MF:
https://claimyourloss.com/securities/missfresh-limited-loss-submission-form/?id=30786&from=1

This lawsuit is on behalf of persons who purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh's June 2021 initial public offering.

Lead Plaintiff Deadline : September 12, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its registration statement
and related prospectus issued in connection with the Company's June 2021 initial public offering; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.

17 Education & Technology Group Inc. (NASDAQ:YQ)

CONTACT JAKUBOWITZ ABOUT YQ:
https://claimyourloss.com/securities/17-education-technology-group-inc-loss-submission-form/?id=30786&from=1

This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded 17EdTech securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with 17EdTech's December 2020 initial public offering.

Lead Plaintiff Deadline : September 19, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) 17EdTech's K-12 Academic AST Services would end less than a year after the Company's initial public offering; (2) as part of its ongoing regulatory efforts, Chinese authorities would imminently curtail and/or end 17EdTech's core business; and (3) as a result, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Jakubowitz Law, Thursday, August 11, 2022, Press release picture

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE : Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/711747/LAWSUITS-FILED-AGAINST-YEXT-MF-and-YQ--Jakubowitz-Law-Pursues-Shareholders-Claims

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