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SHAREHOLDER ALERT: BBBY BIDU IQ: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / June 15, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Bed Bath & Beyond Inc. (BBBY)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/bed-bath-beyond-inc-loss-submission-form?prid=7353&wire=1
Lead Plaintiff Deadline: June 15, 2020
Class Period: October 2, 2019 - February 11, 2020

Allegations against BBBY include that: (1) due to "aggressive disposition of inventory," the Company lacked sufficient inventory in key categories to support holiday sales; (2) the Company's internal control over inventory levels and financial reporting was not effective; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Baidu, Inc. (BIDU)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/baidu-inc-loss-submission-form?prid=7353&wire=1
Lead Plaintiff Deadline: June 22, 2020
Class Period: March 16, 2019 - April 7, 2020

Allegations against BIDU include that: (i) Baidu's feed services were not in compliance with applicable Chinese regulatory standards; (ii) the foregoing noncompliance subjected the Company to a heightened risk of regulatory enforcement, including the removal or suspension of certain of Baidu's services and products; (iii) accordingly, the Company's revenues derived from online marketing services were unlikely to be sustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

iQIYI, Inc. (IQ)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/iqiyi-inc-loss-submission-form?prid=7353&wire=1
Lead Plaintiff Deadline: June 15, 2020
The IQ lawsuit is on behalf of persons and entities other than Defendants that purchased or otherwise acquired: (a) iQIYI American Depository Shares pursuant and/or traceable to the Company's initial public offering conducted on or about March 29, 2018; or (b) iQIYI securities between March 29, 2018, and April 7, 2020.

Allegations against IQ include that: (1) iQIYI inflated its revenue figures; (2) iQIYI inflated its user numbers; (3) iQIYI inflated its expenses to cover up other fraud; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

To learn more, contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at (212) 425-1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. (212) 425-1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong



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https://www.accesswire.com/593918/SHAREHOLDER-ALERT-BBBY-BIDU-IQ-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines