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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Lifshitz Law Firm, P.C. Announces Investigations of GoodRx Holdings, Inc. (NasdaqGS: GDRX), ...

June 28, 2021 GMT

NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) --

GoodRx Holdings, Inc. (NasdaqGS: GDRX)

Lifshitz Law Firm, P.C. announces that a class action complaint was filed against GDRX alleging that at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GDRX and that given GDRX’s knowledge of Amazon’s intention to enter the online pharmaceutical business, their statements in the Registration Statement and during the Class Period about GDRX’s competitive position were materially false and/or misleading when made.

If you are an GDRX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

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Lordstown Motors Corp. (NasdaqGS: RIDE)

Lifshitz Law Firm, P.C. announces that a class action complaint was filed against Lordstown alleging that the Company misled investors by misrepresenting and omitting to disclose that: (i) the Company’s purported pre-orders were non-binding; (ii) many of the would- be customers who made these purported pre-orders lacked the means to make such purchases and/or would not have credible demand for Lordstown’s Endurance; (iii) Lordstown is not and has not been “on track” to commence production of the Endurance in September 2021; (iv) the first test run of the Endurance led to the vehicle bursting into flames within 10 minutes; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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If you are a RIDE investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

Tricada, Inc. (NasdaqGS: TCDA)

Lifshitz Law Firm, P.C. announces that a class action complaint has been filed against Tricada alleging that Tricada made false and/or misleading statements and failed to disclose to investors that: (i) Tricida’s NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

If you are an TCDA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

XL Fleet Corp. (NYSE: XL)

Lifshitz Law Firm, P.C. announces that a class action complaint was filed against XL alleging that, XL failed to disclose to investors: (i) that XL Fleet’s salespeople were pressured to inflate their sales pipelines to boost the Company’s reported sales and backlog; (ii) that at least 18 of the 33 customers that XL featured were inactive and had not placed an order since 2019; (iii) that XL’s technology had been materially overstated and offered only 5% to 10% of fleet savings; (iv) that XL lacks the supply chain and engineers to roll out new products on the announced timelines; and (v) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you are a XL investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

ATTORNEY ADVERTISING. © 2021 Lifshitz Law Firm, P.C. The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm, P.C.
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: jml@jlclasslaw.com