The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of GOSS, I and BIDU


2020/04/23 22:15  ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / April 23, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Gossamer Bio, Inc. ( GOSS)

Class Period:common stock between February 8, 2019 and December 13, 2019 and/or who acquired Gossamer shares pursuant or traceable to Gossamer's documents issued in connection with its February 8, 2019 initial public offering.

Lead Plaintiff Deadline:June 2, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose: (1) the reasons for Gossamer's GB001 trial failures; (2) the purported clinical validation of Novartis' oral DP2 antagonist; and (3) that, as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in GOSS :

Intelsat S.A. (NYSE:I)

Class Period:November 5, 2019 to November 18, 2019

Lead Plaintiff Deadline:June 8, 2020

The complaint filed against BC Partners, its individual partners and directors of Intelsat Raymond Svider and Justice Bateman, and Silver Lake Group, L.L.C. (and its related entities) alleges that throughout the class period, defendants made false and misleading statements to the market. Specifically, the complaint alleges that Silver Lake and its fellow defendants violated the Exchange Act by selling a block of Intelsat's shares while holding material non-public information, including the fact that the Company had met with the Federal Communications Commission (the "FCC") on November 5, 2019 to discussed the sale of spectrum controlled by Intelsat for future "5G" use (the "C-Band"). The FCC opposed Intelsat's proposal for a private sale of the C-Band, preferring a public auction. The FCC announced a public auction of the C-Band on November 18, 2019, contrary to Intelsat's wishes, its stock dropped 40%.

Learn about your recoverable losses in I :

Baidu, Inc. ( BIDU)

Class Period:March 16, 2019 to April 7, 2020

Lead Plaintiff Deadline:June 22, 2020

The complaint alleges that during the class period Baidu, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Baidu's feed services were not in compliance with applicable Chinese regulatory standards; (ii) the foregoing noncompliance subjected the Company to a heightened risk of regulatory enforcement, including the removal or suspension of certain of Baidu's services and products; (iii) accordingly, the Company's revenues derived from online marketing services were unlikely to be sustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in BIDU :

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.


J. Klein, Esq.

Empire State Building

350 Fifth Avenue

59th Floor

New York, NY 10118

Telephone: (212) 616-4899

Fax: (347) 558-9665

SOURCE: The Klein Law Firm

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提交的申诉称,被告作出了重大虚假和(或)误导性陈述和(或)没有披露:(1)Gossamer的GB 001审判失败的原因;(2)据称诺华口服DP2拮抗剂的临床验证;(3)由于上述情况,被告的公开陈述在任何相关时间都是重大错误和误导的。





对BC Partners、其个人合伙人和Intelsat Raymond Svider和Justice Battan的董事以及L.L.C.的SilverLake Group(及其相关实体)提出的申诉称,在整个班级期间,被告向市场作了虚假和误导的陈述。具体而言,申诉指控说,银湖及其被告违反了“外汇法”,出售了一批国际通信卫星组织的股票,同时持有重要的非公开信息,包括该公司于2019年11月5日会见了联邦通信委员会(“FCC”),讨论了出售由通信卫星控制的频谱供未来“5G”使用(“C波段”)的问题。FCC反对国际通信卫星组织私人出售C波段的提议,更倾向于公开拍卖。联邦通信委员会宣布将于2019年11月18日公开拍卖C波段,与国际通信卫星组织的意愿相反,它的股票下跌了40%。


















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