{"id":72043,"date":"2024-03-17T01:07:05","date_gmt":"2024-03-17T01:07:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/deadline-alert-for-plce-snow-kind-vtyx-law-offices-of-howard-g-smith-reminds-investors-of-class-actions-on-behalf-of-shareholders\/"},"modified":"2024-03-17T01:07:05","modified_gmt":"2024-03-17T01:07:05","slug":"deadline-alert-for-plce-snow-kind-vtyx-law-offices-of-howard-g-smith-reminds-investors-of-class-actions-on-behalf-of-shareholders","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/deadline-alert-for-plce-snow-kind-vtyx-law-offices-of-howard-g-smith-reminds-investors-of-class-actions-on-behalf-of-shareholders\/","title":{"rendered":"DEADLINE ALERT for PLCE, SNOW, KIND, VTYX: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders"},"content":{"rendered":"
\n

BENSALEM, Pa., March 15, 2024 (GLOBE NEWSWIRE) — Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.<\/p>\n

Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com<\/a>.<\/p>\n

The Children\u2019s Place, Inc. <\/strong>(NASDAQ:\u00a0PLCE<\/a>)
Class Period: March 16, 2023 \u2013 February 8, 2024
Lead Plaintiff Deadline: April 29, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose: (1) that the Company was engaged in aggressive promotions; (2) that, as a result, the Company\u2019s inventory values were overstated; (3) that the foregoing was reasonably likely to have an adverse impact on fiscal 2023 financial results; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

Snowflake Inc. <\/strong>(NYSE: SNOW<\/a>)
Class Period: September 16, 2020 \u2013 March 2, 2022
Lead Plaintiff Deadline: April 29, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose: (1) that Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake\u2019s products and services; (2) that Snowflake had provided significant discounts to its customers prior to the IPO that temporarily boosted sales but would not be sustainable after the IPO and\/or necessitate platform efficiency adjustments that negatively impacted client consumption and Snowflake\u2019s revenue and profit margins; (3) that, as a result, Snowflake\u2019s customers were poised to roll over a material amount of unused credits (and thereby cannibalize future sales) at the end of their contracts\u2019 terms or to refuse to renew their contracts at prior consumption levels or at all; (4) that, as a result, Snowflake\u2019s product revenue and remaining performance obligations had been artificially inflated leading up to and during the Class Period; and (5) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

Nextdoor Holdings, Inc. f\/k\/a Khosla Ventures Acquisition Co. II <\/strong>(NYSE: KIND<\/a>)
Class Period: July 6, 2021 \u2013 November 8, 2022
Lead Plaintiff Deadline: April 29, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose: (1) that Nextdoor\u2019s financial results prior to the Merger had been temporarily inflated by the ephemeral effects of the COVID-19 pandemic, which had pulled forward demand for Nextdoor\u2019s platform and cannibalized future advertising revenue growth; (2) that, rather than being sustained, such growth trends had already begun reversing at the start of the Class Period; (3) that Nextdoor\u2019s total addressable market was materially smaller than the 312 million households represented to investors; (4) that, by the start of the Class Period, Nextdoor\u2019s most important market \u2013 the U.S. market \u2013 was already substantially saturated, impairing the Company\u2019s ability to monetize users and increase its ARPU or U.S. WAUs; and (5) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

Ventyx Biosciences, Inc. <\/strong>(NASDAQ: VTYX<\/a>)
Class Period: October 21, 2021 \u2013 November 6, 2023
Lead Plaintiff Deadline: April 30, 2024 <\/strong><\/p>\n

The complaint alleges that throughout the Class Period the defendants made false and\/or misleading statements and\/or failed to disclose that: (1) VTX958 was less effective in treating psoriasis than Defendants had led investors to believe; (2) as a result, VTX958\u2019s clinical and\/or commercial prospects were overstated; (3) accordingly, the Company had misrepresented its ability to develop and commercialize effective product candidates; (4) Ventyx\u2019s post-IPO business prospects were thus inflated; and (5) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

To be a member of these class actions, you need not 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 wish to\u00a0learn more\u00a0about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to\u00a0howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

Contacts<\/strong>
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

BENSALEM, Pa., March 15, 2024 (GLOBE NEWSWIRE) — Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact […]<\/p>\n","protected":false},"author":2,"featured_media":72044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/media\/MjQ2NzBhMTgtYjQ3NC00ODdiLThkNmMtOWY4ZWFkZjZhYzkyLTEwMzIyOTk=\/tiny\/Law-Offices-of-Howard-G-Smith.png","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-72043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/72043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=72043"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/72043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/72044"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=72043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=72043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=72043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}