Freeport-McMoRan Inc. press release

LAWSUITS FILED AGAINST TALK, ASTR and GATO - Jakubowitz Law Pursues Shareholders Claims

2022-02-24

NYSE - New York Stock Exchange · Copper · Gold · Molybdenum · United States

NEW YORK, NY / ACCESSWIRE / February 24, 2022 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Talkspace, Inc. f/k/a Hudson Executive Investment Corporation (NASDAQ:TALK) CONTACT JAKUBOWITZ ABOUT TALK: https://claimyourloss.com/securities/talkspace-inc-f-k-a-hudson-executive-investment-corporation-loss-submission-form/?id=24033&from=1 This lawsuit is on behalf of: (a) all persons or entities that purchased or otherwise acquired Talkspace securities between June 11, 2020 and November 15, 2021, both dates inclusive, and/or (b) all holders of Talkspace common stock as of the record date for the special meeting of shareholders held on June 17, 2021. Lead Plaintiff Deadline : March 8, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Hudson Executive Investment Corporation ("HEIC") had overstated its competitive advantage and due diligence capabilities with respect to identifying and effectuating a merger with target companies; (ii) HEIC had conducted inadequate due diligence into then-private, pre-Merger Talkspace, or else ignored and/or failed to disclose multiple red flags concerning then-private, pre-Merger Talkspace's business and operations; (iii) Talkspace was experiencing significantly increased online advertising costs in its B2C business since the beginning of 2021; (iv) Talkspace was experiencing lower conversion rates in its online advertising in its business-to-consumer ("B2C") business; (v) as a result of (iii) and (iv) above, Talkspace was experiencing increased customer acquisition costs and more tepid B2C demand than represented to investors; (vi) as a result of (iii)-(v) above, Talkspace was suffering from ballooning customer acquisition costs and worsening growth and gross margin trends; (vii) Talkspace had overvalued its accounts receivables from certain of its health plan clients in its B2B business, which amounts required adjustment downward; and (viii) as a result of (iii)-(vii) above, Talkspace's 2021 financial guidance was not achievable and lacked any reasonable basis in fact.

Astra Space Inc. f/k/a Holicity Inc. (NASDAQ:ASTR) CONTACT JAKUBOWITZ ABOUT ASTR: https://claimyourloss.com/securities/astra-space-inc-f-k-a-holicity-inc-loss-submission-form/?id=24033&from=1 Class Period : February 2, 2021 - December 29, 2021 Lead Plaintiff Deadline : April 11, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Astra cannot launch "anywhere"; (2) Astra significantly overstated its addressable market; (3) Astra overstated the effectiveness of its designs and reliability; (4) Astra significantly overstated its plans for diversification and its broadband constellation plan; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Gatos Silver, Inc. (NYSE:GATO) CONTACT JAKUBOWITZ ABOUT GATO: https://claimyourloss.com/securities/gatos-silver-inc-loss-submission-form/?id=24033&from=1 This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive. Lead Plaintiff Deadline : April 25, 2022

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) 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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

JAKUBOWITZ LAW 1140 Avenue of the Americas 9th Floor New York, New York 10036 T: (212) 867-4490 F: (212) 537-5887

SOURCE: Jakubowitz Law

View source version on accesswire.com: https://www.accesswire.com/690345/LAWSUITS-FILED-AGAINST-TALK-ASTR-and-GATO--Jakubowitz-Law-Pursues-Shareholders-Claims