GlobeNewswire Inc | Aug 25, 2020 11:00AM EDT

August 25, 2020

LOS ANGELES, Aug. 25, 2020 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz 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 Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.

Pilgrims Pride Corporation (NASDAQ: PPC)Class Period: February 9, 2017 June 3, 2020Lead Plaintiff Deadline: September 4, 2020

Shareholders with $500,000 in losses or more are encouraged to contact the firm

The complaint filed in this class action alleges that throughout the Class Period, Pilgrims Pride 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 the Company and its executives had participated in an illegal antitrust conspiracy to fix prices and rig bids from at least as early as 2012 and continuing through at least early 2017; (2) that the Company received competitive advantages, which persisted during the Class Period, from its anticompetitive conduct; and (3) as a result, Defendants statements about the Companys business, operations, and prospects lacked a reasonable basis.

The GEO Group, Inc. (NYSE: GEO) Class Period: February 27, 2020 June 16, 2020Lead Plaintiff Deadline: September 8, 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 GEO Group maintained woefully ineffective COVID-19 response procedures; (2) that those inadequate procedures subjected residents of the Companys halfway houses to significant health risks; (3) that accordingly, the Company was vulnerable to significant financial and/or reputational harm; and (4) as a result, the Companys public statements were materially false and misleading at all relevant times.

Wirecard AG (OTC: WCAGY, WRCDF) Class Period: August 17, 2015 June 24, 2020Lead Plaintiff Deadline: September 8, 2020The 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 Wirecard overstated its cash balances during the Class Period, falsely claiming 1.9 billion of cash in a trust account that was missing; (2) that Wirecard overstated its financial results during the Class Period, including revenue and EBITDA; (3) that Wirecard did not have adequate risk management or countermeasures; (4) that EY failed to audit Wirecard in accordance with applicable auditing principles; and (5) as a result, Defendants statements about Wirecards business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

J2 Global, Inc. (NASDAQ: JCOM) Class Period: October 5, 2015 June 29, 2020Lead Plaintiff Deadline: September 8, 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 J2 Global engaged in undisclosed related party transactions; (2) that J2 Global used misleading accounting to hide requisite impairments and underperformance in acquisitions; (3) that several so-called independent members of the Companys board of directors and audit committee were not disinterested; and (4) as a result, Defendants public statements were materially false and/or misleading at all relevant times.

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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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

Contacts

The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz, 310-914-5007fcruz@frankcruzlaw.comwww.frankcruzlaw.com