Lifshitz Law PLLC Announces Investigations of Trinseo PLC (NYSE: TSE), Wheels Up Experience, Inc. (NYSE: UP), Nutanix, Inc. (NASDAQ: NTNX), and Allbirds, Inc. (NASDAQ: BIRD)


NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) --

Trinseo PLC (NYSE: TSE)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose, among other things, that: (i) the Company’s Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (ii) the Company did not sufficiently disclose specific risks related to conducting operations at that plant; (iii) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse event; and (iv) as a result, the Company’s statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.

If you are a TSE 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@lifshitzlaw.com.

Wheels Up Experience, Inc. (NYSE: UP)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company failed to address any material weaknesses with internal controls; (ii) the Company’s financial statements from September 30, 2022 to the present included “certain errors” such as understating net loss and overstating goodwill; (iii) as a result, the Company would need to restate its previously filed financial statements for certain periods; and (iv) as a result, the Company’s statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you are an UP 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@lifshitzlaw.com.

Nutanix, Inc. (NASDAQ: NTNX)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and misleading statements regarding its business, operations, and prospects. Specifically, the Company made false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient internal controls relating to its use of licensed software and expense management; (ii) as a result of these deficiencies, the Company improperly used third-party evaluation software for business purposes over a multi-year period; (iii) investigation and remediation of the foregoing—i.e., by paying vendors the full cost to use their software for business purposes—would cause the Company to incur significant expenses; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

If you are a NTNX 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@lifshitzlaw.com.

Allbirds, Inc. (NASDAQ: BIRD)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that in the Registration Statement and throughout the Relevant Period, the Company made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the its business, operations, and prospects. Specifically, the Company failed to disclose to investors: (1) that the Company was overemphasizing products that extended beyond the Company’s core offerings; (2) that the Company’s non-core products had a narrower appeal and were not resonating with customers as well as the Company’s core products; (3) that the Company was underinvesting in its core consumers’ favorite products to push the Company’s newer products with narrower appeal; (4) that underinvesting in the Company’s core products was negatively impacting the Company’s sales; and (5) that, as a result of the foregoing, the Company’s positive statements about the its business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

If you are a BIRD 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@lifshitzlaw.com.

ATTORNEY ADVERTISING.© 2023 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 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 PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: jlifshitz@lifshitzlaw.com