{"id":64802,"date":"2022-04-17T00:25:04","date_gmt":"2022-04-17T00:25:04","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=90219"},"modified":"2022-04-17T00:25:04","modified_gmt":"2022-04-17T00:25:04","slug":"rosen-a-leading-law-firm-encourages-playstudios-inc-f-k-a-acies-acquisition-corp-investors-with-losses-exceeding-100k-to-secure-counsel-before-important-deadline-in-securities-class-action","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/rosen-a-leading-law-firm-encourages-playstudios-inc-f-k-a-acies-acquisition-corp-investors-with-losses-exceeding-100k-to-secure-counsel-before-important-deadline-in-securities-class-action\/","title":{"rendered":"ROSEN, A LEADING LAW FIRM, Encourages PLAYSTUDIOS, Inc. f\/k\/a Acies Acquisition Corp. Investors With Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action \u2013 MYPS, MYPSW, ACAC"},"content":{"rendered":"
\n

NEW YORK, April 16, 2022 (GLOBE NEWSWIRE) —<\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of investors of PLAYSTUDIOS, Inc. f\/k\/a Acies Acquisition Corp. (NASDAQ: MYPS, MYPSW, ACAC) who: (1) purchased, or otherwise acquired the securities of PLAYSTUDIOS between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired PLAYSTUDIOS securities pursuant to the PIPE offering; (2) held common stock of Acies as of May 25, 2021, and were eligible to vote at Acies\u2019 June 16, 2021 special meeting; and\/or (3) purchased or otherwise acquired PLAYSTUDIOS common stock pursuant to or traceable to the Acies\u2019 Registration Statement and Proxy Statement issued in connection with the June 2021 Merger (the \u201cClass Period\u201d). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 6, 2022<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased PLAYSTUDIOS securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the PLAYSTUDIOS class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=5097<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 6, 2022<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) PLAYSTUDIOS was having significant problems with its flagship game, Kingdom Boss; (2) PLAYSTUDIOS would not be releasing Kingdom Boss as expected; (3) PLAYSTUDIOS had not revised its financial projections to account for the problems it had encountered with Kingdom Boss; and (4) as a result, defendants\u2019 statements about PLAYSTUDIOS\u2019 business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the PLAYSTUDIOS class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=5097<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, April 16, 2022 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of investors of PLAYSTUDIOS, Inc. f\/k\/a Acies Acquisition Corp. (NASDAQ: MYPS, MYPSW, ACAC) who: (1) purchased, or otherwise acquired the securities of PLAYSTUDIOS between June 22, 2021 [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nROSEN, A LEADING LAW FIRM, Encourages PLAYSTUDIOS, Inc. f\/k\/a Acies Acquisition Corp. 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