SAN DIEGO, June 16, 2023 (GLOBE NEWSWIRE) --
Alico, Inc. (NASDAQ: ALCO)
Johnson Fistel, LLP is investigating potential claims on behalf of Alico, Inc. ("Alico" or the "Company") (NASDAQ: ALCO) against certain of its officers and directors.
If you are a current, long-term shareholder of Alico holding shares before February 4, 2021, you may have standing to hold Alico harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:
https://www.johnsonfistel.com/investigations/alico-inc
Recently a class action lawsuit was filed against the company. The complaint alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Alico had deficient disclosure controls and procedures and internal control over financial reporting; (2) as a result, the Company had improperly calculated Alico's deferred tax liabilities over a multi-year period; (3) accordingly, the Company would likely be required to restate one or more of its previously issued financial statements; (4) the foregoing would impede the timely completion of the audit of the Company's financial results in advance of its year-end earnings call; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Rite Aid Corporation (NYSE: RAD)
Johnson Fistel, LLP is investigating potential claims on behalf of Rite Aid Corporation (NYSE: RAD) against certain of its officers and directors.
If you have continuously owned Rite Aid shares since April 26, 2018, you can click or copy and paste the link below in a browser to join this action:
https://www.cognitoforms.com/JohnsonFistel/RiteAidCorporation2
DocuSign, Inc. (NASDAQ: DOCU)
Johnson Fistel, LLP is investigating potential claims on behalf of DocuSign, Inc. (“DocuSign” or the “Company”) (NASDAQ: DOCU) against certain of its officers and directors.
If you are a current, long-term shareholder of DocuSign holding shares before March 27, 2020, you may have standing to hold DocuSign harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:
https://www.cognitoforms.com/JohnsonFistel/DocuSignInc2
Recently a class action was filed against the company. The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the impact of the Covid-19 pandemic on DocuSign's business was positive, not negative; (2) DocuSign misrepresented the role that the Covid-19 pandemic had on its growth; (3) DocuSign downplayed the impact that a "return to normal" would have on the Company's growth and business; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times.
Dutch Bros Inc. (NYSE: BROS)
Johnson Fistel, LLP is investigating potential claims on behalf of Dutch Bros Inc. (“Dutch Bros” or the “Company”) (NYSE: BROS) against certain of its officers and directors.
If you are a current, long-term shareholder of Dutch Bros holding shares before March 1, 2022, you may have standing to hold Dutch Bros harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:
https://www.johnsonfistel.com/investigations/dutch-bros-inc-2
Recently a class action was filed against the company. The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose materially adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company was experiencing increased costs and expenses, including on dairy; (2) that, as a result, the Company was experiencing increased margin pressure and decreased profitability in the first quarter of 2022; and (3) 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.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: jimb@johnsonfistel.com
