NEW YORK, Oct. 7, 2024 (Globe Newswire) — Bernstein Liebhard LLP:
Do you own WEBTOON Entertainment Inc. (NASDAQ: WBTN) stock? Did you purchase stock in connection with the company’s June 2024 IPO? Did you lose money on your investment in WEBTOON Entertainment Inc.? Have you released it? Would you like to discuss your rights?
Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, has filed a securities class action lawsuit filed on behalf of investors who purchased or otherwise acquired common stock (the “Class”). We remind investors of the lead plaintiff filing deadline. Registration statement and prospectus of WEBTOON Entertainment Inc. (“Webtoon” or the “Company”) (NASDAQ: WBTN) issued in connection with the Company’s June 2024 initial public offering (the “Class Period”). according to and/or traceable to them. The lawsuit, filed in the United States District Court for the Central District of California, alleges violations of the Securities Act of 1933 against the Company and certain of its officers (the “Complaint”).
If you purchased or acquired Webtoon common stock and/or would like to discuss your legal rights and options, please visit WEBTOON Entertainment Inc. Shareholder Class Action Lawsuit or contact Peter Allocco, Investor Relations Manager (212) 951- 2030 or pallocco@bernlieb. Com.
According to the complaint, Webtoon made false representations regarding the company’s advertising revenue growth, intellectual property adaptation revenue, and exposure to foreign currency depreciation.
If you wish to serve as lead plaintiff in the class action lawsuit, you must file your papers by November 4, 2024. Lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You do not have to be the lead plaintiff to participate in the recovery. If you choose to do nothing, you may remain an absent class member.
All representation is done on a contingency fee basis. Shareholders pay no fees or expenses.
Since 1993, Bernstein Liebhardt LLP has recovered more than $3.5 billion for clients. In addition to representing individual investors, our firm is retained by some of the nation’s largest public and private pension funds to monitor their assets and litigate on their behalf. I am. As a result of hundreds of successful class action lawsuits, our firm has been named to the National Law Journal’s Plaintiffs’ Watch List 13 times and ranked on the Legal 500 for 16 consecutive years.
Lawyer advertisement. © 2024 Bernstein Liebhardt Law Offices. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Previous results do not guarantee or predict similar results with respect to future matters.
contact address:
peter allocco
Investor Relations Manager
Bernstein Liebhardt Law Office
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com