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SOS, GOEV & KDMN Class Actions: Bronstein, Gewirtz & Grossman LLC


GlobeNewswire Inc | Apr 28, 2021 10:00AM EDT

April 28, 2021

NEW YORK, April 28, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links belowor you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

SOS Limited (NYSE: SOS)Class Period: July 22, 2020 - February 25, 2021Deadline: May 31, 2021For more info:www.bgandg.com/sosThe complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose that: (1) SOS had misrepresented the true nature, location, and/or existence of at least one of the principal executive offices listed in its SEC filings; (2) HY and FXK were either undisclosed related parties and/or entities fabricated by the Company; (3) the Company had misrepresented the type and/or existence of the mining rigs that it claimed to have purchased; and (4) as a result, the Company's public statements were materially false and misleading at all relevant times.

Canoo Inc.(NASDAQ: GOEV)Class Period: August 18, 2020-March 29, 2021Deadline: June 1, 2021For more info:www.bgandg.com/goevThe complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose that: (1) Canoo had decreased its focus on its plan to sell vehicles to consumers through a subscription model; (2) Canoo would de-emphasize its engineering services business; (3) contrary to prior statements, Canoo did not have partnerships with original equipment manufacturers and no longer engaged in the previously announced partnership with Hyundai; and (4) as a result, Defendants statements about its business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.

Kadmon Holdings, Inc. (NASDAQ: KDMN)Class Period: October 1, 2020-March 10, 2021Deadline: June 2, 2021For more info:www.bgandg.com/kdmnThe complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose that: (1) the Belumosudil NDA was incomplete and/or deficient; (2) the additional new data that the Company submitted in support of the Belumosudil NDA in response to an information request from the FDA materially altered the NDA submission; (3) accordingly, the initial Belumosudil NDA submission lacked the degree of support that the Company had led investors to believe; (4) accordingly, the FDA was likely to extend the PDUFA target action date to review the Belumosudil NDA; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times.

Contact:Bronstein, Gewirtz & Grossman, LLCPeretz Bronstein or Yael Hurwitz 212-697-6484 | info@bgandg.com







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