About Pomerantz Llp

Pomerantz LLP Investigates Multiple Securities Class Actions

About Pomerantz LLP:

Pomerantz LLP is a leading law firm with a global presence. We have represented thousands of investors and corporations in complex litigation and arbitration matters. Our firm is committed to protecting the rights of investors and ensuring that companies are held accountable for their misconduct.

Recent Class Actions:

Pomerantz LLP is currently investigating class actions on behalf of investors of the following companies:

Salesforce Inc. (CRM)

The complaint alleges that Salesforce Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Salesforce's revenue growth was slowing down; (2) Salesforce was experiencing higher-than-expected customer attrition; (3) Salesforce was facing increased competition; and (4) as a result, Salesforce's financial results were likely to be materially below expectations. As a result of these false and/or misleading statements, the value of Salesforce's common stock declined significantly.

BlackBerry Limited (BB)

The complaint alleges that BlackBerry Limited made materially false and/or misleading statements and/or failed to disclose that: (1) BlackBerry's financial results were being negatively impacted by the COVID-19 pandemic; (2) BlackBerry was facing increased competition from other smartphone manufacturers; and (3) as a result, BlackBerry's financial results were likely to be materially below expectations. As a result of these false and/or misleading statements, the value of BlackBerry's common stock declined significantly.

Ecopetrol SA (EC)

The complaint alleges that Ecopetrol SA made materially false and/or misleading statements and/or failed to disclose that: (1) Ecopetrol's financial results were being negatively impacted by the COVID-19 pandemic; (2) Ecopetrol was facing increased competition from other oil and gas companies; and (3) as a result, Ecopetrol's financial results were likely to be materially below expectations. As a result of these false and/or misleading statements, the value of Ecopetrol's common stock declined significantly.

General Motors Company (GM)

The complaint alleges that General Motors Company made materially false and/or misleading statements and/or failed to disclose that: (1) General Motors was facing increased competition from other automobile manufacturers; (2) General Motors was experiencing higher-than-expected production costs; and (3) as a result, General Motors' financial results were likely to be materially below expectations. As a result of these false and/or misleading statements, the value of General Motors' common stock declined significantly.

Hertz Global Holdings Inc. (HTZ)

The complaint alleges that Hertz Global Holdings Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Hertz was facing increased competition from other car rental companies; (2) Hertz was experiencing higher-than-expected operating costs; and (3) as a result, Hertz's financial results were likely to be materially below expectations. As a result of these false and/or misleading statements, the value of Hertz's common stock declined significantly.

Contact Us:

If you are a shareholder of any of these companies and you believe that you have suffered a loss due to the company's misconduct, we encourage you to contact us to discuss your legal rights.