Recent Security Class Actions

WEBTOON Entertainment Inc. Common stock (NASDAQ: WBTN)

29 Days left to seek lead plaintiff status.

Company Name:WEBTOON Entertainment Inc. Common stock
Stock Symbol:NASDAQ: WBTN
Class Period Start:06/27/2024
Class Period End (inclusive):09/05/2024
Filing Deadline:11/04/2024

The Complaint alleges that the Registration Statement made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that the Company experienced a deceleration in advertising revenue growth; (2) that the Company experienced a deceleration in IP adaptations revenue; (3) that the Company experienced exposure to weaker foreign currencies which offset revenue growth; (4) that, 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.

WEBTOON Entertainment Inc. Common stock (NASDAQ: WBTN) Claim Form

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