DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against J2 Global, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, CA - (NewMediaWire) - September 07, 2020 - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against J2 Global, Inc. (“J2” or “the Company”) (NASDAQ: JCOM) 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.
Investors who purchased the Company's securities between October 5, 2015 and June 29, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before September 8, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, 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 www.schallfirm.com, or by email at firstname.lastname@example.org.
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.
According to the Complaint, the Company made false and misleading statements to the market. J2 participated in undisclosed related-party transactions. The Company hid impairments and underperformance in acquisitions by using misleading accounting techniques. Members of the Company’s board of directors and audit committee that were described as independent were not in fact disinterested. Based on this news, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about J2, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
The Schall Law Firm
Brian Schall, Esq.,
The Schall Law Firm