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Waitr Holdings Inc. (WTRH), Altria Group, Inc. (MO) & Capital One Financial Corporation (COF) - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / November 18, 2019 / 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.

Waitr Holdings Inc. (WTRH)

Class Period: Waitr securities purchased between May 17, 2019 and August 8, 2019, both dates inclusive (the "Class Period"), and/or pursuant or traceable to Waitr's November 2018 going public transaction with Landcadia or in its May 2019 secondary public offering ("SPO").

Deadline: November 29, 2019
For more info: www.bgandg.com/wtrh

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The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company was not on the verge of profitability; (2) it was not true that the Company was providing its services at a sustainable low take rate established at 15%; (3) it was not true that Waitr was able to extract efficiencies from its full time fixed-rate labor force that was purported to allow the Company to offer its services at a lower rate than competitors; (4) its software provided little or no competitive advantages and what first-mover advantage the Company claimed existed, was quickly squandered by the inability to obtain sophisticated high-level programmers and software engineers who could enable Waitr to refine and develop the software necessary to stay competitive in its market; (5) it was not true that Waitr maintained an adequate system of internal controls so as to report and eliminate material conflicts of interest; and (6) as a result, Waitr's public statements were materially false and misleading at all relevant times.

Altria Group, Inc. (MO)

Class Period: February 8, 2019 - August 12, 2019

Deadline: December 2, 2019
For more info: www.bgandg.com/mo

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Altria had conducted insufficient due diligence into JUUL prior to the Company's $12.8 billion investment, or 35% stake, in JUUL; (2) Altria consequently failed to inform investors, or account for, material risks associated with JUUL's products and marketing practices, and the true value of JUUL and its products; (3) all of the foregoing, as well as mounting public scrutiny, negative publicity, and governmental pressure on e-vapor products and JUUL made it reasonably likely that Altria's investment in JUUL would have a material negative impact on the Company's reputation and operations; and (4) as a result, Altria's public statements were materially false and misleading at all relevant times.

Capital One Financial Corporation (COF)

Class Period: February 2, 2018 - June 29, 2019

Deadline: December 2, 2019
For more info: www.bgandg.com/cof

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company did not maintain robust information security protections, and its protection did not shield personal information against security breaches; (2) such deficiencies heightened the Company's exposure to a cyber-attack; and (3) as a result, Capital One's public statements were materially false and misleading at all relevant times.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/566967/Waitr-Holdings-Inc-WTRH-Altria-Group-Inc-MO-Capital-One-Financial-Corporation-COF--Bronstein-Gewirtz-Grossman-LLC-Notifies-Investors-of-Class-Action