RNWK - RNWK INVESTOR ALERT: Bronstein Gewirtz & Grossman LLC Announces that RealNetworks Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit! | Benzinga
NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against RealNetworks, Inc. ("RealNetworks" or "the Company") (NASDAQ:RNWK) and certain of its officers.
Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all unaffiliated stockholders who held RealNetworks shares and were cashed out on December 21, 2022. Such investors are encouraged to join this case. Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/RNWK.
Case Details:
RealNetworks is a technology company that was instrumental in creating the streaming media category in the mid-1990s and is involved in numerous lines of technology related business today. In recent years, the Company has increasingly focused on developing artificial intelligence based products and services such as its Secure Accurate Facial Recognition computer vision platform and its "Kontxt" natural language processing based message classification and analysis product.
The class action is on behalf of the former minority shareholders ...