Yukon Metals Corp press release

CLASS ACTION UPDATE for FSLR, EDU and MP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

2022-03-04

CSE - Canadian National Stock Exchange · Gold · Copper · Molybdenum · Silver · Lead · Zinc · Barium · Cadmium · Tin · Antimony · Arsenic · Cobalt · Nickel · Iron · Selenium · Tellurium · Scandium · Bismuth · Platinum · Lanthanum · Yttrium · Rare Earth Elements · Canada

NEW YORK, NY / ACCESSWIRE / March 4, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

FSLR Shareholders Click Here: https://www.zlk.com/pslra-1/first-solar-inc-loss-submission-form?prid=24333&wire=1 EDU Shareholders Click Here: https://www.zlk.com/pslra-1/new-oriental-education-technology-group-inc-loss-submission-form?prid=24333&wire=1 MP Shareholders Click Here: https://www.zlk.com/pslra-1/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form?prid=24333&wire=1

ADDITIONAL INFORMATION BELOW

First Solar, Inc. (NASDAQ:FSLR)

This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of First Solar common stock between February 22, 2019, and February 20, 2020, inclusive. Lead Plaintiff Deadline : March 8, 2022 TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/first-solar-inc-loss-submission-form?prid=24333&wire=1

According to the filed complaint, defendants made repeated misrepresentations to investors regarding the development of First Solar's newest "Series 6" solar module, the cost per unit it could achieve with that module, and the impact the changeover to this new product would have on the viability of its other business segments. As a result of defendants' misrepresentations, First Solar common stock traded at artificially inflated prices during the class period.

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

EDU Lawsuit on behalf of:investors who purchased April 24, 2018 - July 22, 2021 Lead Plaintiff Deadline : April 5, 2022 TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/new-oriental-education-technology-group-inc-loss-submission-form?prid=24333&wire=1

According to the filed complaint, during the class period, New Oriental Education & Technology Group Inc. made materially false and/or misleading statements and/or failed to disclose 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)

MP Lawsuit on behalf of:investors who purchased May 1, 2020 - February 2, 2022 Lead Plaintiff Deadline : April 25, 2022 TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form?prid=24333&wire=1

According to the filed complaint, during the class period, MP Materials Corp. f/k/a Fortress Value Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose 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.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff.Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Eduard Korsinsky, Esq. 55 Broadway, 10th Floor New York, NY 10006 jlevi@levikorsinsky.com Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com

SOURCE : Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/691650/CLASS-ACTION-UPDATE-for-FSLR-EDU-and-MP-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders