Lawsuits Filed Against INO, MESA and FITB – Jakubowitz Law Pursues Shareholders Claims

NEW YORK, NY / ACCESSWIRE / May 5, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Inovio Pharmaceuticals, Inc. (NASDAQ:INO)

CONTACT JAKUBOWITZ ABOUT INO:
https://claimyourloss.com/securities/inovio-pharmaceuticals-inc-loss-submission-form/?id=6355&from=1

Class Period : February 14, 2020 – March 9, 2020

Lead Plaintiff Deadline : May 12, 2020

According to a filed complaint, throughout the class period, defendants made misleading statements about the company’s development of a purported vaccine for the novel coronavirus, artificially inflating the company’s share price and resulting in significant investor losses.

Mesa Air Group Incorporated (NASDAQ:MESA)

CONTACT JAKUBOWITZ ABOUT MESA:
https://claimyourloss.com/securities/mesa-air-group-incorporated-loss-submission-form/?id=6355&from=1

Class Period : shares pursuant and/or traceable to the documents issued in connection with Mesa Air Group’s August 2018 initial public offering.

Lead Plaintiff Deadline : June 1, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Mesa Air Group’s operational performance was poor and below industry standards; (2) Mesa Air Group had a shortage of qualified mechanics and maintenance personnel; (3) Mesa Air Group had an inadequate number of spare aircraft and parts; (4) Mesa Air Group did not have a strong track record of reliable performance; (5) then-existing “risks” had already materialized; (6) Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the initial public offering; and (7) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Fifth Third Bancorp (NASDAQ:FITB)

CONTACT JAKUBOWITZ ABOUT FITB:
https://claimyourloss.com/securities/fifth-third-bancorp-loss-submission-form/?id=6355&from=1

Class Period : February 26, 2016 – March 6, 2020

Lead Plaintiff Deadline : June 8, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) as a result of Fifth Third Bank’s aggressive incentive policies to promote its cross-sell strategy, Fifth Third Bank employees engaged in unauthorized conduct with customer accounts; (ii) since at least 2008, Fifth Third Bank, and by extension, Fifth Third, was aware of such unauthorized conduct and, thus, that it was violating relevant regulations and laws aimed at protecting its consumers; (iii) Fifth Third failed to properly implement and monitor its cross-sell program, detect and stop misconduct, and identify and remediate harmed consumers; (iv) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (v) Fifth Third’s revenues were in part the product of unlawful conduct and thus unsustainable; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law

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