GlobeNewswire Inc | Jul 23, 2020 01:00PM EDT

July 23, 2020

BENSALEM, Pa., July 23, 2020 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

Kandi Technologies Group, Inc. (NASDAQ: KNDI)Class Period: June 10, 2015 - March 13, 2017Lead Plaintiff Deadline: August 10, 2020

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain areas in the Companys previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016 required adjustment; (2) that in turn, the Company lacked effective controls over financial reporting; and (3) that as a result, Defendants statements about the Companys business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Wells Fargo & Company (NYSE: WFC)Class Period: February 2, 2018 March 10, 2020 Lead Plaintiff Deadline: August 14, 2020

Shareholders with $1,000,000 in losses or more are encouraged to contact the firm

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose: (1) that Wells Fargo had inadequate disclosure controls and procedures and internal controls over financial reporting, particularly with respect to its risk and compliance management, policies and programs; (2) that the Company was not compliant with the regulatory consent orders entered into in 2018; (3) that the Companys remedial plans were inadequate, incomplete, and insufficient to prevent from future consumer abuses; (4) that as a result of the continued noncompliance with the regulatory consent orders, the Company was threatened with supervisory and/or enforcement actions and penalties; (5) that the Companys remedial measures and risk and compliance management remained inadequate to protect against consumer fraud; (6) as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis and omitted materials facts

ProAssurance Corporation (NYSE: PRA)Class Period: April 26, 2019 - May 7, 2020Lead Plaintiff Deadline: August 17, 2020

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose: (1) that ProAssurance lacked adequate underwriting process and risk management controls necessary to set appropriate loss reserves in its Specialty P&C segment; (2) that ProAssurance failed to properly assess a large national healthcare account that experienced losses far exceeding the assumptions made when the account was underwritten; and (3) that as a result, ProAssurance was subject to a materially heightened risk of financial loss and reserve charges.

Co-Diagnostics, Inc. (NASDAQ: CODX)Class Period: February 25, 2020 - May 15, 2020Lead Plaintiff Deadline: August 17, 2020

The complaint alleges that defendants made materially misleading statements during the Class Period about the accuracy of the Company's COVID-19 tests.

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish tolearn moreabout these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email tohowardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

ContactsLaw Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com