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    Home»FXLV, SI, and SGLY Class Action Reminder: Bronstein, Gewirtz

    FXLV, SI, and SGLY Class Action Reminder: Bronstein, Gewirtz

    By January 27, 2023No Comments4 Mins Read
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    NEW YORK, Jan. 27, 2023 (GLOBE NEWSWIRE) — Attorney Advertisement — Bronstein, Gewirtz & Grossman, LLC informs investors that a class action lawsuit has been filed against the following publicly traded companies. Please visit the link below to see a copy of your complaint or contact Esq. Peretz Bronstein. or his attorney and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC (212-697-6484). If you suffer a loss, you can ask the court to name you as the primary plaintiff. Your ability to share in recovery does not require you to be the primary plaintiff. The lead plaintiff acts on behalf of all other class members in directing the action. The primary plaintiff can choose any law firm. An investor’s ability to share in potential future recoveries is not dependent on serving as a primary plaintiff.

    F45 Training Holdings Co., Ltd.. (NYSE: FXLV)
    Class period: F45 Securities pursuant to and/or traceable to a registration statement and related prospectus issued in connection with our initial public offering (“IPO” or “Offering”) in July 2021;
    deadline: February 6, 2023
    For more information: www.bgandg.com/fxlv.
    The complaint alleges that the registration statement and prospectus used to conduct the Company’s IPO contained misrepresentations of material facts or made other statements necessary to ensure that the statements were not misleading. and that it was not prepared in accordance with the rules and regulations governing its preparation. Specifically, the offering documents made false and/or misleading statements and/or did not disclose: For franchisees who needed to raise nearly 100% of their business to get started. (2) as a result, the offering documents were misrepresented and failed to disclose material adverse facts regarding the company’s business, operations and prospects;

    Silvergate Capital Corporation (NYSE: SI)
    Class period: November 9, 2021 to November 17, 2022
    deadline: February 6, 2023
    For more information: www.bgandg.com/si.
    The Complaint alleges that throughout Class, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts regarding the Company’s business, operations and prospects. Specifically, defendants failed to disclose to investors: (2) Silvergate customers were involved in money laundering in excess of $425 million; (3) As a result of the foregoing, the Company could reasonably have been subject to regulatory scrutiny and faced penalties and damages, including reputational damage. (4) As a result of the foregoing, defendant’s positive statements regarding the Company’s business, operations and prospects were materially misleading and/or lacked reasonable basis.

    Singularity Future Technology Ltd. (NASDAQ: SGLY)
    Class period: February 12, 2021 to November 17, 2022
    deadline: February 7, 2023
    For more information: www.bgandg.com/sgly.
    The Complaint alleges that throughout Class, Defendant made false and/or misleading statements and/or failed to disclose: The Chinese warrant that committed the forgery was the largest shareholder and vice president of finance of China Commercial Credit (“CCC”), a Nasdaq-listed lending company that went bankrupt after reporting huge losses. (2) significant related party transactions with SOS Information Technology New York Inc. (“SOS”) (where Jie’s wife was Vice President) and Rich Trading Co. Ltd USA (“Rich Trading”); (3) the lengthy tenure of independent director John Levy as a director of his CCC; (4) The Company lacks adequate internal controls, resulting in increased risk of scrutiny and ultimately subject to investigation and action by the U.S. Attorney’s Office for the Southern District of New York and the SEC, and delisting by NASDAQ. It was possible. As a result, (5) the Company’s statements regarding historical financial and operating indicators and anticipated market opportunities during the Class Period may not accurately reflect the Company’s actual business, operations, financial results and trajectory; , was materially false and misleading. , lacked factual basis. The lawsuit alleges that investors suffered losses when the true details entered the market.

    contact:
    Bronstein, Gewirtz & Grossman, LLC
    Peretz Bronstein or Yael Nathanson
    212-697-6484 | info@bgandg.com



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