Pomerantz LLP files class action against PicS N.V., warns PICS investors of approaching deadlines
NEW YORK, July 16. A class action lawsuit has been filed against PicS N.V. (NASDAQ: PICS), Pomerantz LLP disclosed Wednesday, issuing an investor alert that reminded shareholders who sustained losses on the stock of upcoming court deadlines. The firm named Danielle Peyton as the contact for investors seeking information about the case.
Key takeaways
- Pomerantz LLP disclosed Wednesday that a class action lawsuit has been filed against PicS N.V. (NASDAQ: PICS).
- The July 16 release from New York is a reminder to PICS shareholders who sustained losses about approaching court deadlines in the case.
- The firm named Danielle Peyton as the contact for investors, reachable at [email protected] or 646-581-9980.
- The release did not disclose the underlying allegations, a class period, alleged damages, or any minimum loss threshold for participation.
NEW YORK, July 16. A class action lawsuit has been filed against PicS N.V. (NASDAQ: PICS), Pomerantz LLP disclosed Wednesday, issuing an investor alert that reminded shareholders who sustained losses on the stock of upcoming court deadlines. The firm named Danielle Peyton as the contact for investors seeking information about the case.
The filing
Pomerantz LLP, also known publicly as the Pomerantz Law Firm, said the action targets PicS N.V. and is directed at investors who recorded losses on their PICS holdings. The release, distributed July 16 out of New York, described itself as a reminder, which indicates that an earlier notice of the litigation had already been issued to shareholders. The firm did not disclose the nature of the underlying allegations, and the release identified no class period.
The Pomerantz announcement provided no financial figures, no alleged damages, and no detail on the conduct at issue in the complaint.
Contact details for affected shareholders
Investors who believe they may qualify can reach Danielle Peyton at [email protected] or by phone at 646-581-9980. The firm also listed 888.4-POMLAW as a toll-free line for shareholder inquiries.
Class action securities cases carry deadlines by which potential class members must act to preserve their rights in the litigation. The Pomerantz release did not specify those dates or set out any minimum loss threshold for participation.
PicS N.V. shares trade on the NASDAQ under the symbol PICS.