The allegations opposing YEXT come with the following: (i) Yext’s revenue and profits have deteriorated particularly due to, among other things, poor sales execution and performance, as well as COVID-19-like outages; (ii) therefore, Yext is unlikely to meet consensus estimates for its monetary effects for fiscal 2022 and its outlook for fiscal 2023; and (iii) therefore, the Company’s public statements were materially false and misleading at all applicable times.
WFC Wells Fargo
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The allegations against WFC come from the fact that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company’s workplace; (ii) Wells Fargo conducted sham job interviews to fulfill its varied search requirement; (iii) the foregoing conduct has placed Wells Fargo under increased threat of regulatory and/or governmental review and enforcement action, adding charges of fraud; (iv) all of the foregoing, once disclosed, would likely have a negative effect on Wells Fargo’s reputation; and (v) as a result, the Company’s public statements were materially false and misleading at all applicable times.
For more information, please contact Vincent Wong, Esq. either via email vw@wongesq. com or by phone at 212. 425. 1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigation involving currency fraud and shareholder rights violations. Lawyer advertising. The above effects do not ensure effects.
CONTACT: Vincent Wong, Esq. 39 East BroadwaySuite 304New York, NY 10002Tel. 212. 425. 1140Fax. 866. 699. 3880 Email: vw@wongesq. com
SOURCE: Signatures by Vincent Wong
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