Curated News
By: NewsRamp Editorial Staff
December 30, 2024
Investor Reminder: Kessler Topaz Meltzer & Check, LLP Files Securities Fraud Class Action Lawsuit Against Wolfspeed, Inc.
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- Lead plaintiff deadline is January 17, 2025, seek advantage by taking action before others.
- Defendants allegedly misled investors about Wolfspeed's growth and revenue potential, leading to a securities class action lawsuit.
- Kessler Topaz Meltzer & Check, LLP aims to protect investors from fraud and corporate misconduct through class action lawsuits.
- Wolfspeed investors can take action by seeking lead plaintiff representation before January 17, 2025, to potentially recover losses.
Impact - Why it Matters
This news matters as it highlights allegations of securities fraud against Wolfspeed, Inc., which could impact investors who purchased Wolfspeed securities during the specified period. It serves as a reminder for investors to be cautious and seek legal counsel if they have suffered losses.
Summary
The law firm of Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Wolfspeed, Inc. on behalf of investors who purchased Wolfspeed securities between August 16, 2023, and November 6, 2024. The lawsuit alleges that Wolfspeed made false statements about the growth of its Mohawk Valley fabrication facility and demand for its products in the electronic vehicle market.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Investor Reminder: Kessler Topaz Meltzer & Check, LLP Files Securities Fraud Class Action Lawsuit Against Wolfspeed, Inc.
