Yukon Metals Corp press release

SHAREHOLDER ALERT: EDU MP ERIC: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

2022-03-16

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NEW YORK, NY / ACCESSWIRE / March 16, 2022 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

New Oriental Education & Technology Group Inc.(NYSE:EDU)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/new-oriental-education-technology-group-inc-loss-submission-form?prid=24775&wire=1 Lead Plaintiff Deadline: April 5, 2022 Class Period: April 24, 2018 - July 22, 2021

Allegations against EDU include that: (a) New Oriental's revenue and operational growth was the result of deceptive marketing tactics and abusive business practices that flouted Chinese regulations and policies and exposed the Company to an extreme risk that more draconian measures would be imposed on the Company; (b) New Oriental had engaged in misleading and fraudulent advertising practices, including the provision of false and misleading discount Information designed to obfuscate the true cost of the Company's programs to its customers; (c) New Oriental had falsified teacher qualifications and experience in order to attract customers and increase student enrollments; (d) New Oriental had defied prior government warnings against linking school enrollments with the provision of private tutoring services; (e) as a result of the foregoing, New Oriental was subject to an extreme undisclosed risk of adverse enforcement actions, regulatory fines and penalties, and the imposition of new rules and regulations adverse to the Company's business and interests; and (f) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and lacked a reasonable, factual basis.

MP Materials Corp. f/k/a Fortress Value Acquisition Corp.(NYSE:MP)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form?prid=24775&wire=1 Lead Plaintiff Deadline: April 25, 2022 Class Period: May 1, 2020 - February 2, 2022

Allegations against MP include that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.

Telefonaktiebolaget LM Ericsson(NASDAQ:ERIC)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/telefonaktiebolaget-lm-ericsson-loss-submission-form?prid=24775&wire=1 Lead Plaintiff Deadline: May 2, 2022 Class Period: April 27, 2017 - February 25, 2022

Allegations against ERIC include that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.comor by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com

SOURCE : The Law Offices of Vincent Wong

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