The Legislation Workplaces of Frank R. Cruz Reminds Traders of Class Actions on Behalf of Shareholders

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The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

LOS ANGELES, July 13, 2020 (GLOBE NEWSWIRE) – Frank R. Cruz's law firm reminds investors that class action lawsuits have been filed on behalf of the shareholders of the following listed companies. Investors have until the deadlines listed below to file a request from the main plaintiff.

Investors who experience losses on their investments are asked to contact Frank R. Cruz's law firm at 310-914-5007 or by email at fcruz@frankcruzlaw.com to exercise their legal rights in these class actions to discuss.

Pilgrim & # 39; s Pride Corporation (NASDAQ: PPC)
Class time: February 9, 2017 – June 3, 2020
Main plaintiff's deadline: September 4, 2020

Shareholders with a loss of $ 500,000 or more are encouraged to contact the company

The complaint lodged in this class action alleges that Pilgrim & # 39; s Pride made materially incorrect and / or misleading statements throughout the teaching period and did not disclose any materially adverse facts about the company's business, operations, and prospects. In particular, the defendants did not notify investors: (1) that the company and its executives had participated in an illegal cartel conspiracy to fix prices and rig bids from at least 2012 and to continue at least until early 2017; (2) that the Company's anti-competitive behavior has given it competitive advantages that persisted throughout the class period; and (3) as a result, the defendant's statements regarding the company's business, operations, and prospects lacked a reasonable foundation.

The GEO Group, Inc. (NYSE: GEO)
Class time: February 27, 2020 – June 16, 2020
Main plaintiff's deadline: September 8, 2020

The complaint lodged in this class action alleges that the defendants have made materially incorrect and / or misleading statements throughout the class period and have not disclosed any material adverse facts about the business, operations, and prospects of the company. In particular, the defendants did not disclose the following to investors: (1) GEO Group has maintained the extremely ineffective COVID-19 reaction process. (2) that these inappropriate procedures pose significant health risks to the occupants of the company's intermediate houses; (3) the company was accordingly exposed to significant financial and / or reputational damage; and (4) as a result, the company's public statements at all relevant times were materially incorrect and misleading.

Wirecard AG (OTC: WCAGY, WRCDF)
Class time: August 17, 2015 – June 24, 2020
Main plaintiff's deadline: September 8, 2020

The complaint lodged in this class action alleges that the defendants have made materially incorrect and / or misleading statements throughout the class period and have not disclosed any material adverse facts about the business, operations, and prospects of the company. In particular, the defendants did not inform investors: (1) that Wirecard overvalued their cash balance during the class period and incorrectly claimed € 1.9 billion in cash in a missing escrow account; (2) that Wirecard overvalued its financial results including sales and EBITDA during the class period; (3) that Wirecard did not have adequate risk management or countermeasures; (4) that EY Wirecard has not checked in accordance with the applicable audit principles; and (5) as a result, the defendant's statements regarding Wirecard's business, operations and prospects were materially incorrect and misleading and / or had no reasonable basis at all relevant times.

J2 Global, Inc. (NASDAQ: JCOM)
Class time: October 5, 2015 – June 29, 2020
Main plaintiff's deadline: September 8, 2020

The complaint lodged in this class action alleges that the defendants have made materially incorrect and / or misleading statements throughout the class period and have not disclosed any material adverse facts about the business, operations, and prospects of the company. In particular, the defendants did not disclose to investors: (1) that J2 Global was involved in undisclosed transactions with related parties; (2) that J2 Global has used misleading accounting to hide the required impairment and underperformance on acquisitions; (3) that several so-called independent members of the Board of Directors and the Company's Audit Committee were not disinterested; and (4) as a result, the defendant's public statements were materially incorrect and / or misleading at all relevant times.

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You do not need to take any action at this time to be a member of these class actions. You can keep a lawyer of your choice or take no action and remain an absent member of the class action lawsuit. If you would like to learn more about these class action lawsuits, or if you have any questions about this announcement or your rights or interests in relation to these matters, please contact Frank R. Cruz of the law firms of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067, 310-914-5007, email info@frankcruzlaw.com or visit our website at www.frankcruzlaw.com. If you inquire by email, please provide your mailing address, telephone number and number of shares purchased.

In some countries, this press release may be considered a lawyer’s advertisement in accordance with applicable laws and ethical rules.

contacts

Frank R. Cruz's law firms, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

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