SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Opendoor Technologies Inc. With Losses of $100,000 to Contact the Firm
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Opendoor Technologies Inc. With Losses of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - November 25, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Opendoor Technologies Inc. ("Opendoor" or "the Company") (NASDAQ: OPEN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
加利福尼亚州洛杉矶--(Newsfile Corp.-2022年11月25日)-全国性股东权利诉讼公司Schall律师事务所宣布对OpenDoor Technologies Inc.(“OpenDoor”或“本公司”)(纳斯达克：公开)提起集体诉讼，理由是该公司违反了1934年《证券交易法》第10(B)和20(A)节以及美国证券交易委员会颁布的规则10b-5。
Investors who purchased the Company's securities between December 21, 2020 and September 16, 2022, inclusive (the ''Class Period'') and/or Opendoor common stock pursuant and/or traceable to the Offering Documents issued in connection with the business combination between the Company and Opendoor Labs Inc. ("Legacy Opendoor") completed on or about December 18, 2020 (the "Merger"), are encouraged to contact the firm before December 6, 2022.
投资者如在2020年12月21日至2022年9月16日(首尾两日包括在内)(“类别期间”)及/或OpenDoor普通股，根据及/或可追溯至本公司与OpenDoor Labs Inc.(“Legacy OpenDoor”)于2020年12月18日或前后完成的业务合并(“合并”)而发出的发售文件，请于2022年12月6日前与本公司联络。
If you are a shareholder who suffered a loss, click here to participate.
如果您是蒙受损失的股东，请单击此处参与。
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at , or by email at bschall@schallfirm.com.
我们还鼓励您联系Schall律师事务所的Brian Schall，2049世纪公园东区，加州洛杉矶2460Suit2460，邮编：90067，电话：310-3013335，讨论您的免费权利。您也可以通过公司的网站或电子邮件bschall@schallffer.com联系我们。
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
在这种情况下，该课程尚未获得认证，在获得认证之前，您不会由律师代表。如果你选择不采取行动，你可以保持缺席班级成员的身份。
According to the Complaint, the Company made false and misleading statements to the market. Opendoor's algorithm to make offers on residential properties was incapable of accurately adjusting to market conditions and economic cycles. The Company was at risk of significant losses due to market fluctuations due to this deficiency. The Company overstated the capabilities of its algorithm. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Opendoor, investors suffered damages.
根据起诉书，该公司向市场做出了虚假和误导性的陈述。OpenDoor的住宅物业报价算法无法准确调整，以适应市场状况和经济周期。由于这一缺陷，该公司面临因市场波动而出现重大亏损的风险。该公司夸大了其算法的能力。基于这些事实，公司的公开声明在整个课程期间都是虚假的，具有重大误导性。当市场得知OpenDoor的真相时，投资者蒙受了损失。
Join the case to recover your losses.
加入这个案子，挽回你的损失。
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Schall律师事务所代表世界各地的投资者，专门处理证券集体诉讼和股东权利诉讼。
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
根据适用的法律和道德规则，本新闻稿在某些司法管辖区可能被视为律师广告。
CONTACT:
联系方式：
The Schall Law Firm
Brian Schall, Esq.,
Office: 310-301-3335
info@schallfirm.com
沙尔律师事务所
布莱恩·舒尔，Esq.
办公室：310-301-3335
邮箱：Info@schallFirm.com
SOURCE:
The Schall Law Firm
资料来源：
沙尔律师事务所
To view the source version of this press release, please visit
要查看本新闻稿的源版本，请访问
译文内容由第三方软件翻译。