HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, warns J2 World (JCOM) traders of ongoing investigations into attainable violations of the Securities Act and encourages traders to show to their lawyers – Yahoo Finance
<p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "San Francisco, California – (Newsfile Corp. – 3. July 2020) – Hagens Berman challenges investors in J2 Global, Inc. (NASDAQ: JCOM) to submit their losses now. The company is investigating possible security fraud and certain investors may have valuable claims. "Data-reactid =" 19 "> San Francisco, California – (Newsfile Corp. – July 3, 2020) – Hagens Berman is asking investors in J2 Global, Inc. (NASDAQ: JCOM) to file their losses now investigates possible security fraud and certain investors may have valuable claims.
<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Relevant holding period: Before June 30, 2020
visit:: www.hbsslaw.com/investor-fraud/JCOM
Contact a lawyer now:: JCOM@hbsslaw.com
844-916-0895"data-reactid =" 20 "> Relevant holding period: Before June 30, 2020
Visit: www.hbsslaw.com/investor-fraud/JCOM
Contact a lawyer now: JCOM@hbsslaw.com
844-916-0895
<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "J2 Global (JCOM) exam: "data-reactid =" 21 "> J2 Global (JCOM) exam:
The investigation focuses on accounting practices and disclosures from J2 Global investors.
J2 is a roll-up for digital media that has taken over 186 companies since its inception. His CEO describes the company's "acquisition system" as its "only major competitive advantage".
<p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "But on December 12, 2018, Greenhouse research published a forensic report in which J2s "acquisition accounting remains suspicious" and the conclusion "that management has touted many farce operational metrics that do not indicate the true economic value of J2". "data-reactid =" 24 "> But on December 12, 2018 Glasshouse Research released a forensic report that stated that J2's" acquisition accounting remains suspect "and that" management has touted many farce operational metrics that are factual. " do not prove the economic value of J2 ".
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "More recently, on June 30, 2020, Hindenburg research Aimed at the company and stated, "(w) e … believe that J2's opaque acquisition approach has opened the door to a tremendous self-enrichment of insiders that we believe will reach $ 117 to $ 172 million amounts to (.) " Hindenburg Conclusion "We believe that J2 Global's equity capital cannot be invested." "data-reactid =" 25 "> More recently, on June 30, 2020, Hindenburg Research targeted the company and stated:" (w) We believe that J2's opaque acquisition approach has done this. "opened the door to a tremendous self-enrichment of insiders that we believe will be $ 117-172 million (.)." Hindenburg concluded, "We believe that J2 Global's equity is not investable. "
In response, the price of J2 Global stocks traded significantly lower.
"We are focusing on investor losses and whether J2 Global has deliberately misrepresented the success of its roll-up strategy," said Reed Kathrein, Hagens Berman partner who led the investigation.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "If you bought shares in J2 Global and suffered significantly Losses, Click here to discuss your legal rights with Hagens Berman. "data-reactid =" 28 "> If you have bought shares in J2 Global and have suffered significant losses, click here to discuss your legal rights with Hagens Berman.
<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Whistleblower: Individuals with non-public information about J2 should consider their options to help with the investigation or to use the SEC Whistleblower program. Under the new program, whistleblowers who provide original information can receive rewards of up to 30 percent for every successful recovery from the SEC. For more information, please contact Reed Kathrein at 844-916-0895 or E-Mail JCOM@hbsslaw.com. "data-reactid =" 29 "> Whistleblowers: Individuals with non-public information about J2 should consider their options to help with the investigation or to use the SEC Whistleblower program. Under the new program, whistleblowers who provide original information can receive rewards of up to 30 percent of all successful restores through the SEC.For more information, contact Reed Kathrein at 844-916-0895 or email JCOM@hbsslaw.com.
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<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities across the country and eighty lawyers. The firm represents investors, whistleblowers, employees and consumers in complex legal disputes. You can find more about the company and its successes at hbsslaw.com. You can find the latest news on our Newsroom or follow us on Twitter at @classactionlaw. "data-reactid =" 31 "> About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities across the country and eighty lawyers. The firm represents investors, whistleblowers, employees and consumers in complex legal disputes. More information about the company and its success can be found at hbsslaw.com. For the latest news, visit our newsroom or follow us on Twitter at @classactionlaw.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59062"data-reactid =" 39 "> The source version of this press release can be found at https://www.newsfilecorp.com/release/59062
