InnerWorkings, Inc.

According to the Complaint, the Company made false and misleading statements to the market throughout the class period. InnerWorkings’ financial statements for 2015, 2016, and 2017 contained errors and required restating. The Company’s financial statements and public comments were materially false, harming investors.

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Esperion Therapeutics, Inc.

According to the Complaint, Esperion Therapeutics made materially false and misleading statements during the class period. Esperion failed to disclose that Bempedoic acid, the company’s cholesterol-lowering medication, had serious safety risks up to and including death. As a result of the failure to disclose this information, Esperion Therapeutics’ financial statements, claims about the company’s business operations, and financial prospects were materially false and misleading throughout the class period. According to the lawsuit, when accurate information about Esperion Therapeutics became apparent in the market, investors suffered damages.

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Macquarie Infrastructure Corporation

The suit alleges that Macquarie’s International-Matex Tank Terminals’ (IMTT) performance faced a significant risk of decline due to industrywide changes throughout the market for heavy residual oils, in particular declining pricing and demand for No. 6 fuel oil. The Company’s IMTT relied on demand for storage of No. 6 fuel oil along with other heavy residual oils. In order to repurpose IMTT storage tanks to hold other products, Macquarie would be required to take on sizeable capital expenditures. The lawsuit claims that when these details entered the marketplace, investors suffered damages.

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Flex Ltd.

According to the Complaint, Flex made materially false and misleading statements throughout the class period. It alleges that the company’s internal financial reporting controls were materially weak and deficient. It also alleges that Flex’s accounting for obligations and reserves in relation to a particular customer contract was improper. As a result, Flex’s claims about the company’s business operations and financial prospects were materially false and misleading throughout the class period. According to the lawsuit, when accurate information about Flex became apparent in the market, investors suffered damages.

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Edge Therapeutics, Inc.

According to the Complaint, Edge Therapeutics made materially false and misleading statements during the class period. Edge failed to disclose that the company’s leading new product candidate, known as EG-1962, was likely to fail a futility test related to the NEWTON 2 study. As a result of the failure to disclose this information, Edge Therapeutics’ financial statements, claims about the company’s business operations, and financial prospects were materially false and misleading throughout the class period. According to the lawsuit, when accurate information about Edge Therapeutics became apparent in the market, investors suffered damages.

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Aceto Corporation

According to the Complaint, Aceto made materially false and misleading statements and/or failed to disclose several key facts, including: 1) based on pricing pressures and competition, Aceto was unlikely to perform as well as the guidance provided to the investing public; 2) Based on these factors, the company’s guidance was overstated; 3) as a result of this overstatement, Aceto’s financial statements, claims about the company’s business operations, and financial prospects were materially false and misleading throughout the class period. According to the lawsuit, when accurate information about Aceto became apparent in the market, investors suffered damages.

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LendingClub Corporation

According to the Complaint, LendingClub made materially false and misleading statements throughout the class period. It alleges that LendingClub promised consumer loans with “no hidden fees”, a promise they knew to be false. In fact, the company’s privacy policy was not in compliance with the Gramm-Leach-Bliley Act. These behaviors were likely to subject LendingClub to increased scrutiny from the Federal Trade Commission (FTC). As a result, LendingClub’s claims about the company’s business operations and financial prospects were materially false and misleading throughout the class period. According to the lawsuit, when accurate information about LendingClub became apparent in the market, investors suffered damages.

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Gridsum Holding Inc.

According to the Complaint, Gridsum made materially false and misleading statements throughout the class period. It alleges that the company’s internal financial reporting controls were materially weak and deficient. As a result, Gridsum’s financial statements were materially false and misleading throughout the class period and did not accurately reflect the results of business operations and the financial health of the company. According to the lawsuit, when accurate information about Gridsum became apparent in the market, investors suffered damages.

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Myriad Genetics, Inc.

According to the Complaint, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Myriad was submitting false or otherwise improper claims for payment under Medicare and Medicaid for Myriad’s hereditary cancer testing; (2) the foregoing conduct would foreseeably subject Myriad to heightened regulatory scrutiny and/or enforcement action; (3) Myriad’s revenues from its hereditary cancer testing were in part the product of improper conduct and unlikely to be sustainable; and (4) as a result, Myriad’s public statements were materially false and misleading at all relevant times. When the truth was revealed to the investing public, shares dropped, causing shareholders harm.

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Allegiant Travel Company

According to the Complaint, Allegiant made materially false and misleading statements during the class period. The suit alleges that Allegiant did not have appropriate processes, procedures, and systems in place to ensure proper maintenance of its aircraft. As a result, Allegiant was not operating its aircraft in a responsible or ethical manner, and failed to provide a safe working environment for employees. According to the lawsuit, when these facts entered the market, investors suffered damages.

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