Deadline Alert for Shareholders in Class Action Lawsuits Against WOLF, XRX, ZETA, and MTCH

BENSALEM, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Howard G. Smith has issued a reminder to investors about recent class action lawsuits filed on behalf of shareholders from several publicly traded companies. It is important for investors to be aware of the deadlines for filing lead plaintiff motions, which are outlined below.

Investors who have incurred losses related to their investments are encouraged to reach out to the Law Offices of Howard G. Smith at (215) 638-4847 or via email at [email protected] to discuss their rights and options regarding these class actions.

Wolfspeed, Inc. (WOLF)

Class Period: August 16, 2023 – November 6, 2024

Lead Plaintiff Deadline: January 17, 2025

The lawsuit claims that during the class period, the defendants made misleading statements and failed to disclose important information. Allegations include that the company overstated the demand for its key product and relied too heavily on unproven design wins. Claims also suggest that the anticipated revenue growth was overstated and that the company's public statements were both misleading and lacked a reasonable foundation.

Xerox Holdings Corporation (XRX)

Class Period: January 25, 2024 – October 28, 2024

Lead Plaintiff Deadline: January 21, 2025

The complaint alleges that the defendants failed to disclose disruptions caused by a significant workforce reduction and a reorganization of the sales force. Such issues reportedly led to decreased sales productivity and challenges in launching new products, ultimately resulting in lower expected sales and revenue.

Zeta Global Holdings Corp. (ZETA)

Class Period: February 27, 2024 – November 13, 2024

Lead Plaintiff Deadline: January 21, 2025

This lawsuit accuses Zeta of using misleading business practices to inflate its financial results. Allegations include the use of two-way contracts, round trip transactions, and predatory methods to collect user consent, all of which contributed to an inaccurate portrayal of the company's financial health and future prospects.

Match Group, Inc. (MTCH)

Class Period: May 2, 2023 – November 6, 2024

Lead Plaintiff Deadline: January 24, 2025

The complaint claims that Match Group did not accurately address the challenges facing its flagship product, Tinder, and therefore misrepresented the risks regarding user activity. This misinformation supposedly misled investors about the company’s operational health during the reporting periods.

Investors do not need to take any immediate actions to be part of these class actions. They have the option to retain their own legal counsel or remain as absent class members. For more information regarding these class actions or any questions about rights and interests related to these matters, interested parties can contact Howard G. Smith of the Law Offices of Howard G. Smith at 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by phone at (215) 638-4847 or by emailing [email protected]. Additional information can also be found by visiting their website.

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