GNUS, STAA & BIDU Shareholder Update: Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions and Upcoming Deadlines

Wednesday, 30. September 2020 17:00

NEW YORK, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.  Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. 

Genius Brands International, Inc. (NASDAQ: GNUS)
Class Period: March 17, 2020 - July 5, 2020
Deadline: October 19, 2020
For more info: www.bgandg.com/gnus
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading and/or failed to disclose that material adverse regarding the launch of the Kartoon Channel! app. The lawsuit continues to allege that Genius Brands made false and misleading statements about Nickelodeon’s claimed broadcast expansion of Genius Brands’ Rainbow Rangers cartoon, as well as its growth potential and overall prospects as a company.

STAAR Surgical Company (NASDAQ: STAA)
Class Period: February 26, 2020 - August 10, 2020
Deadline: October 19, 2020
For more info: www.bgandg.com/staa
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading and/or failed to disclose that material adverse facts. Specifically the complaint alleges that defendants were overstating and/or mischaracterizing: (1) its sales and growth in China; (2) its marketing spend; (3) its research and development expenses; and that as a result of the foregoing, (4) Defendants' public statements were materially false and misleading at all relevant times.

Baidu, Inc. (NASDAQ: BIDU)
Class Period: April 8, 2016 - August 13, 2020
Deadline: October 19, 2020
For more info: www.bgandg.com/bidu1
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Baidu misrepresented the financial and business condition of iQIYI; (2) iQIYI had inadequate controls; and (3) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.  According to the suit, these true details were disclosed by a market research firm.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

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