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RADNOR, PA – (NewMediaWire) – January 4, 2025 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a lawsuit has been filed against Wolfspeed (NYSE:), Inc. . (Wolfspeed) (NYSE: WOLF) for those who purchased or acquired Wolfspeed securities between August. 16, 2023, and November 6, 2024, inclusive (Class Period). The plaintiff’s deadline is January 17, 2025.
Contact KESSLER TOPAZ MELTZER & CHECK, LLP:
If you lost Wolfspeed, you can CLICK HERE or go to: https://www.ktmc.com/new-cases/wolfspeed-inc?utm_source=PR&utm_medium=link&utm_campaign=wolf&mktm=r
You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com.
The defendants are charged with misconduct:
The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Wolfspeeds optimistic claims of potential growth of its Mohawk Valley strategic center and the general demand for Wolfspeeds 200mm pipes in the country. the electronic car market fell short of reality; and (2) Wolfspeed had overstated the demand for its key product and placed undue reliance on the plan’s success when Mohawk Valley real estate growth had begun to decline before it received $100 million in revenue. million per quarter which is said to be achievable with only 20% use of innovation. only the promised amount of $ 2 billion is said to be achievable by the agency.
Please CLICK HERE to watch our video or copy and paste this link into your browser: https://youtu.be/zMLfnSRjg2Y
PREVIOUS MONTHLY PROCEDURE:
Wolfspeed investors, prior to January 17, 2025, may seek to be appointed as lead representative of the class plaintiff by Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain as a member of an absent group. The lead plaintiff is the representative who represents all the members of the class to conduct the case. The lead plaintiff is usually an investor or a small group of investors who have a significant financial interest and who are also equal and common to the proposed class of investors. The lead plaintiff appoints counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to participate in any recovery is not affected by whether or not you will serve as the lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Wolfspeed investors who have lost leverage to contact the firm directly for more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP litigates class actions in federal and state courts throughout the country and around the world. The firm has an international reputation and has recovered billions of dollars for victims of fraud and other business disputes. All of our work is driven by one goal: to protect investors, customers, employees and others from fraud, abuse, misconduct and negligence by businesses and individuals. The complaints in this action were not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
LEARN:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
info@ktmc.com
May be considered a marketing attorney in certain areas. Past results do not guarantee future results.
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