Charge Enterprises, Inc. (NASDAQ: CRGE; OTC: CRGEQ)Charge Enterprises, Inc. (NASDAQ: CRGE; OTC: CRGEQ) * Class period: December 15, 2021 – February 28, 2024 * Lead plaintiff deadline: July 29, 2024 Enphase Energy, Inc. (NASDAQ: ENPH) * Class period: February 7, 2023 – April 25, 2023 * Lead plaintiff deadline: July 29, 2024 Hertz Global Holdings, Inc. (NASDAQ: HTZ) * Class period: April 27, 2023 – April 24, 2024 * Lead plaintiff deadline: July 30, 2024 Humana Inc. (NYSE: GRUM) * Class period: July 27, 2022 – January 24, 2024 * Deadline for lead plaintiff: August 2, 2024
LOS ANGELES, June 27, 2024 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly traded companies. Investors have until the deadlines below to file a lead plaintiff motion.
Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected].
Charge Enterprises, Inc. (NASDAQ: CRGE; OTC: CRGEQ)
Class period: December 15, 2021 – February 28, 2024
Lead plaintiff deadline: July 29, 2024
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company was invested in an illiquid limited partnership interest; (2) the Company’s investments with KORR Acquisitions were “critical” to Charge’s liquidity, and the inability to return them virtually caused a default on the Arena Notes; (3) the Company faced a severe liquidity crisis and risk of default under the Arena Notes due to the inability of Orr and KORR Acquisitions to return the Company’s funds; (4) Charge’s internal disclosure controls and procedures were not effective during the Class Period; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you are a Charge Enterprises shareholder who suffered a loss, click here to take part.
Enphase Energy, Inc. (NASDAQ: ENPH)
Class period: February 7, 2023 – April 25, 2023
Lead plaintiff deadline: July 29, 2024
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Enphase had experienced a decline in battery shipments to Europe and California; (2) Enphase experienced a delay in battery deployment and adoption; (3) Enphase had experienced a longer transition period with NEM 3.0 and slower production of inverters manufactured by the new US base production lines; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you are an Enphase shareholder who suffered a loss, click here to take part.
Hertz Global Holdings, Inc. (NASDAQ: HTZ)
Class period: April 27, 2023 – April 24, 2024
Lead plaintiff deadline: July 30, 2024
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Hertz had downplayed the financial impact of vehicle depreciation and/or overestimated its ability to track and manage vehicle depreciation; (2) demand for Hertz’s electric cars was not as strong as Defendants had led investors to believe; (3) Hertz had too many vehicles, especially electric vehicles, in its fleet to remain profitable; (4) as a result of all of the foregoing, Hertz would likely incur significant losses on sales of both its ICE vehicles and electric vehicles; (5) all of the foregoing was likely to and did have a material adverse effect on Hertz’s financial results; and (6) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you are a Hertz shareholder who suffered a loss, click here to take part.
Humana Inc. (NYSE: GRUM)
Class period: July 27, 2022 – January 24, 2024
Deadline for lead plaintiff: August 2, 2024
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants: (1) downplayed the pressure on the Company’s adjusted earnings per share due to higher medical costs associated with pent-up demand for healthcare procedures (particularly as COVID concerns subsided), which, contrary to the Company’s guarantees, resulted in higher occupancy rates and costs; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Are you a shareholder of Humana and have you suffered a loss? Then click here to take part.
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To join these class actions, you do not need to take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you would like to learn more about these class actions, or if you have any questions about this announcement or your rights or interests regarding these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email, please include your mailing address, telephone number and the number of shares purchased.
This press release may be considered attorney advertising in some jurisdictions under applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com
