Securities Class Actions – Page 29 – ClaimsFiler

Case Type: Securities Class Actions

Washington Prime Group, Inc. is a self-managed and self-administered real estate investment trust (“REIT”) that owns properties and conducts operations through Washington Prime Group, L.P.

Provention Bio, Inc. is a clinical stage biopharmaceutical company that focuses on the development and commercialization of therapeutics and solutions to intercept and prevent immune-mediated diseases. The Company’s product candidates include, among others, PRV-031 teplizumab and mAb, in Phase III clinical trial for the interception of T1D.

Ubiquiti Inc. develops and markets equipment and technology platforms for high capacity Internet access, unified information technology, and consumer electronics.

ContextLogic Inc. is a San Francisco-based, global mobile ecommerce company that operates the Wish platform that connects its value-conscious user base to merchants. Founded in 2010, Wish is a global e-commerce platform that generates revenue by charging merchants a commission on sales made in its marketplace. The Company also generates fees by offering advertising and logistics services to its merchants. With a large range of beauty, clothing and electronics products sold at wholesale prices, Wish claims to have managed to swiftly garner a user base of 100 million monthly active users and 500,000 merchants.

Danimer Scientific, Inc. was formerly known as “Live Oak Acquisition Corp.,” a publicly traded SPAC. In December 2020, Live Oak consummated the Business Combination with Legacy Danimer, a performance polymer company specializing in bioplastic replacements for traditional petrochemical-based plastics. Following the Business Combination, Live Oak changed its name to “Danimer Scientific, Inc.,” changed its business to Legacy Danimer’s business, and replaced its management with Legacy Danimer’s management.

Array Technologies, Inc. describes itself as one of the world’s largest manufacturers of groundmounting systems used in solar energy projects. The Company's principal products are commonly referred to as "trackers." Trackers are designed to move solar panels throughout the day to maintain an optimal orientation to the sun, which significantly increases their energy production.

Aterian, Inc. purports to be a “technology enabled consumer products platform that builds, acquires and partners with e-commerce brands. The Company’s proprietary software and highly agile supply chain helps creating for a growing base of data empowered e-commerce customers. Aterian predominantly operates through online retail channels such as Amazon and Walmart, Inc."

Purecycle Technologies, Inc. purports to commercialize a purification recycling technology, originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics.

On November 16, 2020, PureCycle issued a press release announcing plans to become a publicly traded company via a merger with Roth CH Acquisition I Co ("Roth Acquisition"). Roth Acquisition was set up as a special purpose acquisition company (commonly referred to as a SPAC). Roth Acquisition’s shares traded on the NASDAQ stock exchange under the ticker symbol “ROCH.”

Skillz Inc. (f/k/a Flying Eagle Acquisition Corp or "FEAC") operates an online mobile multiplayer competition proprietary platform. Players use it to compete in online competitions against other players across the world. FEAC was formed as a SPAC in early January 2020 by its sponsor Eagle Equity Partners II, LLC.

ChemoCentryx is a biopharmaceutical company focused on the development and commercialization of new medications targeting inflammatory disorders, autoimmune diseases, and cancer. The Company commenced operations in 1997. ChemoCentryx’s lead drug candidate is avacopan, which the Company describes as “a potential first-in-class, orally-administered molecule that employs a novel for the treatment of patients with ANCA vasculitis.

Pinterest operates a platform that purports to provide inspiration for its users’ lives. Monthly active users (“MAUs”) are the number of Pinterest users who interact with Pinterest at least once during the 30-day period ending on the date of measurement.

Peloton provides interactive fitness products such as the Peloton Bike and the Peloton Tread+ and Tread, which include touchscreens that stream live and on-demand classes. Peloton also provides connected fitness subscriptions and access to all live and on-demand classes.

Boingo Wireless, Inc. provides wireless internet connectivity solutions for consumer devices.On February 26, 2021, Boingo entered into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which Boingo will be acquired by an affiliate of Digital Colony Management, LLC. Under the terms of the Merger Agreement, the Company’s shareholders will receive $14.00 in exchange for each share of Boingo common stock they own. On March 1, 2021, Boingo issued a press release announcing the Proposed Merger.

Verus International, Inc. purports to be an international supplier of consumer food products, focused on international consumer packaged goods, foodstuff distribution and wholesale trade.

Emergent BioSolutions Inc. provides a variety of products and solutions that address public health threats, including manufacturing for the development of new vaccines. In April 2020, during the initial months of the COVID-19 pandemic, Emergent entered an agreement with J&J to provide its Bayview manufacturing facilities to support J&J’s goal of supplying one billion doses of a COVID-19 vaccine. Under the deal, valued at $135 million, Emergent would provide drug substance manufacturing services and reserve large-scale manufacturing capacity for J&J.

Acadia Pharmaceuticals Inc. is a biopharmaceutical company that focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders. The Company is developing pimavanserin as a treatment for dementia-related psychosis and as an adjunctive treatment for schizophrenia, as well as an adjunctive treatment for major depressive disorder. In June 2020, Acadia submitted a supplemental New Drug Application ("sNDA") with the FDA to expand pimavanserin's label to include treatment for dementia-related psychosis.

Churchill Capital Corporation IV is a blank check company, also known as a special purpose acquisition company (“SPAC”).  On Monday, February 22, 2021, a merger agreement between Churchill Capital Corporation IV ("CCIV") and Lucid Motors was announced. CCIV’s and Lucid’s transaction equity value was estimated at $11.75 billion. Details of the merger disclosed that Lucid was projecting the production of only 557 vehicles in 2021, instead of the 6,000 it had allegedly been touting in the run-up to the merger announcement.

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