{"id":70520,"date":"2022-07-24T07:09:28","date_gmt":"2022-07-24T07:09:28","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=95414"},"modified":"2022-07-24T07:09:28","modified_gmt":"2022-07-24T07:09:28","slug":"rosen-national-trial-lawyers-encourages-digital-turbine-inc-investors-with-losses-to-secure-counsel-before-important-august-5-deadline-in-securities-class-action-apps","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/rosen-national-trial-lawyers-encourages-digital-turbine-inc-investors-with-losses-to-secure-counsel-before-important-august-5-deadline-in-securities-class-action-apps\/","title":{"rendered":"ROSEN, NATIONAL TRIAL LAWYERS, Encourages Digital Turbine, Inc. Investors with Losses to Secure Counsel Before Important August 5 Deadline in Securities Class Action \u2013 APPS"},"content":{"rendered":"

NEW YORK, July 23, 2022 (GLOBE NEWSWIRE) —\u00a0WHY:<\/strong>\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Digital Turbine, Inc. (NASDAQ: APPS) between August 9, 2021 and May 17, 2022, both dates inclusive (the \u201cClass Period\u201d), of the important\u00a0August 5, 2022 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased Digital Turbine 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:\u00a0<\/strong>To join the Digital Turbine class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=6272<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for 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\u00a0no later than August 5, 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:\u00a0<\/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.\u00a0Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases.\u00a0<\/strong>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:\u00a0<\/strong>The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about Digital Turbine\u2019s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Digital Turbine\u2019s recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) Digital Turbine\u2019s internal control over financial reporting as to revenue recognition was deficient; (4) as a result of the foregoing, Digital Turbine\u2019s net revenues was overstated throughout fiscal 2022; and (5) as a result of the foregoing, defendants\u2019 positive statements about Digital Turbine\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Digital Turbine class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=6272<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for 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:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

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

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence 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","protected":false},"excerpt":{"rendered":"

NEW YORK, July 23, 2022 (GLOBE NEWSWIRE) \u2014\u00a0WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Digital Turbine, Inc. (NASDAQ: APPS) between August 9, 2021 and May 17, 2022, both dates inclusive (the \u201cClass Period\u201d), of the important\u00a0August 5, 2022 lead plaintiff deadline. SO WHAT:\u00a0If you purchased Digital Turbine [\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, NATIONAL TRIAL LAWYERS, Encourages Digital Turbine, Inc. 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