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

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LOS ANGELES, Sep 10, 2020 (GLOBE NEWSWIRE) – Frank R. Cruz's law firm is reminding investors that class action lawsuits have been filed on behalf of the shareholders of the following publicly traded companies. Investors have until the deadlines set out below to file a motion from the lead plaintiff.

Investors suffering losses on their investments are encouraged to contact the Frank R. Cruz law firm at 310-914-5007 or email fcruz@frankcruzlaw.com for their statutory rights in these class actions to discuss.

Fennec Pharmaceuticals Inc. (NASDAQ: FENC)
Classes: February 11, 2020 – August 10, 2020
Deadline of the main plaintiff: November 2, 2020

The complaint filed in this class action alleges that throughout the class period, defendants made materially false and / or misleading statements and did not disclose material adverse facts about the business, business and prospects of the company. In particular, Defendants have failed to advise investors: (1) that the manufacturing facilities for PEDMARK, the Company's only product candidate, did not comply with current good manufacturing practice; (2) that the regulatory approval of PEDMARK would be delayed as a result with sufficient probability; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations and prospects were materially misleading and / or unfounded.

Portland General Electric Company (NYSE: POR)
Teaching time: April 24, 2020 – August 24, 2020
Deadline of the main plaintiff: November 2, 2020

The complaint filed in this class action alleges that throughout the class period, defendants made materially false and / or misleading statements and did not disclose material adverse facts about the business, business and prospects of the company. In particular, Defendants have failed to advise investors: (1) that PGE did not have effective internal controls over its energy trading practices; (2) that PGE employees had entered the energy trading business in 2020, with increasing volume accumulating in late second quarter and third quarter, creating a significant negative financial risk for PGE; (3) that there is a significant likelihood that the Company would suffer significant losses as a result; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and / or unfounded.

HDFC Bank Limited (NYSE: HDB)
Classes: July 31, 2019 – July 10, 2020
Deadline of the main plaintiff: November 2, 2020

The complaint filed in this class action alleges that throughout the class period, defendants made materially false and / or misleading statements and did not disclose material adverse facts about the business, business and prospects of the company. In particular, Defendants have failed to advise investors that: (1) HDFC Bank had inadequate disclosure controls and procedures, as well as inadequate internal controls over financial reporting; (2) As a result, the Bank maintained improper lending practices in its vehicle financing operations. (3) Accordingly, the bank's vehicle financing revenues were unsustainable. (4) All of the above statements are likely to have a significant negative impact on the financial position and reputation of the bank once they have been revealed. and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and / or unfounded.

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To be a member of these class actions, you do not need to take any action at this point. You can keep an attorney of your choice or you can take no action and remain an absent member of the class action. If you would like to learn more about this class action lawsuit, 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 Frank R. Cruz law firms, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067, 310-914-5007, via email to info@frankcruzlaw.com or visit our website at www.frankcruzlaw.com. When inquiring by email, please include your mailing address, telephone number and number of shares purchased.

This press release may be viewed as a solicitor advertisement in some jurisdictions under applicable laws and ethical rules.

contacts

The Frank R. Cruz Law Firms, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

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