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Lead Plaintiff Deadline: June 29, 2020
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13
Apr 2020
17
Apr 2020
(1) SCWorx’s supplier for COVID-19 tests had previously misrepresented its operations; (2) SCWorx’s buyer was a small company that was unlikely to adequately support the purported volume of orders for COVID-19 tests; (3) as a result, the Company’s purchase order for COVID-19 tests had been overstated or entirely fabricated; and (4) 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.
In order to be included in the lawsuit, you must have incurred a loss on shares of SCWorx purchased during the class period listed above.
If you suffered a loss in SCWorx during the relevant time frame, you have until June 29, 2020 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.