LOS ANGELES, CA / ACCESSWIRE / April 28, 2017 / Lundin Law PC , a shareholder rights law firm, announces the filing of a class action lawsuit against Lion Biotechnologies, Inc. (“Lion” or the “Company”) (NASDAQ: LBIO) concerning possible violations of federal securities laws between November 14, 2013 and April 10, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the June 13, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, Lion made false and/or misleading statements and/or failed to disclose: that the Company, through its former Chief Executive Officer (“CEO”) Manish Singh, engaged in a scheme to mislead investors by commissioning over 10 internet publications and 20 widely distributed emails promoting Lion to potential investors that purported to be independent from the company when, in fact, they were paid promotions; that former CEO Singh engaged a notorious stock promotion firm to pay writers to publish articles about the Company on investment websites and to coordinate the distribution of articles to thousands of electronic mailboxes; that former CEO Singh actively participated in the promotional work for Lion and understood that the promotion firm was using writers who would not disclose that Lion was indirectly compensating them for their publications; and that as a result of the above, Lion’s public statements were materially false and misleading at all relevant times. When this information was released, Lion’s stock price dropped materially, which harmed investors according to the Complaint.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 461064

IRVINE, CA / ACCESSWIRE / April 28, 2017 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit against AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) (NASDAQ: AFSI). Investors who purchased or otherwise acquired shares between May 10, 2016 and February 24, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm by the May 1, 2017 lead plaintiff motion deadline.

If you purchased AmTrust shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The Complaint alleges that during the Class Period, AmTrust violated federal securities laws. On February 27, 2017, AmTrust revealed that it “identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016, specifically related to ineffective assessment of the risks associated with the financial reporting, and an insufficient complement of corporate accounting and corporate financial reporting resources within the organization.” On March 16, 2017, the Company reported that its previously issued consolidated financial statements for 2014 and 2015 (including for each of the four quarters of 2015) as well as for the first three quarters of 2016 should be restated and should no longer be relied upon. When this information reached the public, AmTrust’s stock price dropped materially, which harmed investors according to the Complaint.

If you wish to learn more about this lawsuit, or if you have any questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 461068

IRVINE, CA / ACCESSWIRE / April 28, 2017 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit against Babcock & Wilcox Enterprises, Inc. (“Babcock” or the “Company”) (NYSE: BW). Investors who purchased or otherwise acquired shares between July 1, 2015 and February 28, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the May 2, 2017 lead plaintiff motion deadline.

If you purchased Babcock shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The Complaint alleges that during the Class Period, Babcock issued materially false and/or misleading statements and/or failed to disclose issues with the Company’s European renewable contract, including the issues it caused with productivity and schedule issues in other Renewable segment projects; and the effect these issues would have on the Company’s financials and its ability to meet its guidance. On February 28, 2017, Babcock revealed disappointing fourth quarter 2016 results that were below analyst expectations, citing strong declines in its Renewable Energy segment. The Company reported “fourth quarter 2016 revenues of $380.0 million, a decrease of $122.7 million, or 24.4%, compared to the fourth quarter of 2015.” The Company also reported a GAAP loss per share of $1.47 for the fourth quarter of 2016, compared to a loss per share of $0.10 for the fourth quarter of 2015. Upon release of this news, Babcock’s stock price fell materially, which allegedly harmed investors.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 461067

IRVINE, CA / ACCESSWIRE / April 28, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Citizens, Inc. (“Citizens” or the “Company”) (NYSE: CIA). Investors who purchased or otherwise acquired shares between March 11, 2015 and March 8, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the May 15, 2017 lead plaintiff motion deadline.

If you purchased Citizens shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The Complaint alleges that during the Class Period, Citizens made false and/or misleading statements and/or failed to disclose that: the Company’s brokers and pitchbooks falsely claimed that most of the funds from its insurance policies were directly invested in U.S. Treasury Bond; that funds from Citizens’ insurance policies were funneled into continuous open market purchases that inflated Citizens’ stock price; and that the Company’s statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. On March 8, 2017, SeekingAlpha published an article claiming that some premiums paid by policyholders are sent to Citizens’ transfer agent with the intention of rendering market purchases of Citizens stock – artificially inflating Citizens’ stock price. When this news was released, Citizens’ stock price fell materially, causing investors harm according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 461070

LOS ANGELES, CA / ACCESSWIRE / April 28, 2017 / Lundin Law PC , a shareholder rights firm, announces the filing of a class action lawsuit against Wins Finance Holdings Inc. (“Wins Finance” or the “Company”) (NASDAQ: WINS) concerning possible violations of federal securities laws between October 29, 2015 and March 29, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the June 5, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, Wins Finance issued materially false and misleading statements regarding its projected earnings, valuation, and future business operations, which artificially inflated its securities prices. It is alleged, for example, that Wins Finance falsely stated it maintained a U.S. headquarters in order to gain inclusion on the Russell indices when its headquarters are actually located in China, among other market manipulations during the Class Period. When this news was announced, the stock price of Wins Finance dropped materially, which harmed investors according to the Complaint.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles devoted to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 461076

LOS ANGELES, CA / ACCESSWIRE / April 28, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against HMS Holdings Corp. (“HMS” or the “Company”) (NASDAQ: HMSY) concerning possible violations of federal securities laws between May 10, 2016 and March 2, 2017, inclusive (the “Class Period”). Investors, who purchased or otherwise acquired the Company’s shares during the Class Period should contact the firm prior to the May 2, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The Complaint states that during the Class Period, HMS made false and/or misleading statements and/or failed to disclose that the Company lacked effective internal control over financial reporting and as a result, its financial statements were materially false and misleading at all relevant times. On March 2, 2017, HMS announced it would delay filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2016. The Company stated it needed additional time in order to “complete documentation related to the Company’s previously disclosed review of its CMS reserves and related internal controls over financial reporting. In this regard, the Company’s auditor has informed the Company that it has identified what it believes is a material weakness in the Company’s internal controls over financial reporting related to the CMS reserves.” When this information reached the public, the stock price of HMS declined materially, which harmed investors according to the Complaint.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 461066

IRVINE, CA / ACCESSWIRE / April 28, 2017 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit against Platinum Pari-Mutuel Holdings Inc. (“Platinum” or the “Company”) (OTC PINK: PPMH). Investors, who purchased or otherwise acquired shares between July 12, 2016 and February 15, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm by the May 2, 2017 lead plaintiff motion deadline.

If you purchased shares of Platinum during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the Complaint, during the Class Period, Platinum issued materially false and/or misleading statements and/or failed to disclose that: Platinum’s press releases and financial information lacked veracity; that the Company’s disclosure controls and procedures were inadequate; and that as a result of the above, Platinum’s public statements were materially false and misleading at all relevant times. On February 16, 2017, the Securities and Exchange Commission (“SEC”) prevented Platinum from trading due to questions regarding the accuracy of its press releases and the financial information Platinum offered the public. The SEC clarified that these questions concern the valuation of recent corporate acquisitions and forecasts for future revenues. Upon release of this news, Platinum’s stock price fell materially, which harmed investors according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 461069

LOS ANGELES, CA / ACCESSWIRE / April 28, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE: OCN) concerning possible violations of federal securities laws between May 11, 2015 and April 19, 2017, inclusive (the “Class Period”). Investors, who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the June 20, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, Ocwen made false and/or misleading statements and/or failed to disclose: that the Company engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process; that this conduct would subject Ocwen to heightened regulatory scrutiny and potential criminal sanctions; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On April 20, 2017, the U.S. Consumer Financial Protection Bureau announced that it was suing Ocwen, and several states issued cease-and-desist orders against the Company. Upon release of this news, Ocwen’s stock price dropped materially, which harmed investors according to the Complaint.

Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 461063

LOS ANGELES, CA / ACCESSWIRE / April 28, 2017 / Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ: KNDI) concerning possible violations of federal securities laws between March 16, 2015 and March 13, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired the Company’s shares during the Class Period should contact the firm before the May 15, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also do nothing and be an absent class member.

The Complaint alleges that during the Class Period, Kandi made false and/or misleading statements and/or failed to disclose that: certain areas in the Company’s previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016 required adjustment; Kandi lacked effective internal controls over financial reporting; and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On November 14, 2016, Kandi announced the abrupt resignation of its CFO Cheng Wang. On March 13, 2017, Kandi filed a Current Report on Form 8-K with the SEC, announcing that the Company would restate previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016. When this news reached the public, Kandi’s stock price lowered significantly, which harmed investors according to the Complaint.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 461071