Bensalem, Pennsylvania, December 3, 2021 / PRNewswire /-Law Firm Howard G. Smith Investors who have suffered significant losses are Owlet, Inc. Announced an opportunity to lead a securities fraud class action proceeding against (“Owlet” or “Company”) (NYSE: OWLT).
Class period: March 31, 2021 – – October 4, 2021
Plaintiff Chief Deadline: January 18, 2022
Investors who are losing money on their investment in Owlet are advised to contact the following law firm: Howard G. Smith To discuss their legal rights in this class action at 888-638-4847 or by email. email@example.com..
The complaint alleges that the defendant did not disclose to investors during the class. (1) Since the FDA has concluded that smart socks are medical devices, it is quite likely that Ourett will need to obtain marketing approval for smart socks. (2) As a result, Owlet is quite likely to suspend commercial distribution of SmartSock in the United States until the required approval is obtained. (3) As a result of the above, Defendant’s positive statement regarding our business, operations and outlook was substantially misleading and / or lacked reasonable grounds.
No action is required at this time to become a member of a class proceeding. You can retain the lawyer of your choice or take no action and remain an absent member of the class proceedings. If you would like to know more about this class action, or if you have any questions about your rights or interests in this announcement or pending class action, please contact us. Howard G. Smith, EsquireOf the law firm Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, phone (215) 638-4847, toll-free (888) 638-4847, or email firstname.lastname@example.orgOr visit our website. www.howardsmithlaw.com..
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Law firm Howard G. Smith
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OWLT’s investors are Owlet and Inc. You have the opportunity to lead a securities fraud proceeding.state
Source link OWLT’s investors are Owlet and Inc. You have the opportunity to lead a securities fraud proceeding.state