SAN DIEGO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a law firm specializing in shareholder rights, has announced the initiation of class action lawsuits on behalf of investors of the following companies. Investors are encouraged to review the deadlines listed and submit their information.
Shift4 Payments, Inc: https://www.johnsonfistel.com/investigations/shift4-payments-inc-2
Masimo Corporation: https://www.johnsonfistel.com/investigations/masimo
NAPCO Security Technologies, Inc: https://www.johnsonfistel.com/investigations/napco-security-technologies-2
If you suffered a loss and are interested in learning more about being a lead plaintiff, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.
Shift4 Payments, Inc. (NYSE:FOUR)
Class Period: November 10, 2021 and April 18, 2023
Lead Plaintiff Deadline: October 19, 2023
The lawsuit alleges Shift4 made materially false and/or misleading statements and/or failed to disclose material adverse facts about the Company's business, operations, and compliance policies, including: (i) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (iii) accordingly, Shift4 would likely be forced to restate one or more of its ...