Investment Alert: Super Micro Computer, Webtoon Entertainment, and ZoomInfo Technologies Face Class Actions

Investors are advised to take note of recent class action lawsuits that concern shareholders of certain high-profile companies. These legal actions are brought against publicly-traded corporations, and potential lead plaintiffs must adhere to specific deadlines to be able to participate in the lawsuits.

Impending Deadlines for Class Actions

Those with a stake in the following companies should be alert to the approaching deadlines for filing a lead plaintiff motion. Super Micro Computer, Inc. SMCI, known for designing and creating scalable server and storage solutions, is among the entities facing legal scrutiny. The corporate headquarters of SMCI is located in San Jose, California. Webtoon Entertainment WBTN, another firm under the spotlight, trades on the NASDAQ just like SMCI. Lastly, ZoomInfo Technologies Inc. ZI, with its cloud-based marketing intelligence platform, rounds out the list. ZI is based in Vancouver, Washington and reiterates the NASDAQ's draw for technology-oriented companies.

Legal Reminder for Investors

The Law Offices of Frank R. Cruz underscores the importance of the stated deadlines for shareholders who wish to assert their rights. Participation in the class action lawsuit, which represents collective grievances of investors against questionable practices that potentially affected stock value, can only be assured if action is taken before the deadlines expire. These class actions could address a number of investor concerns, from alleged misconduct by company executives to misleading financial statements that could have damaged investment values.

Investment, ClassAction, Deadline