DEADLINE ALERT for GDRX, CORBF, LNC and ADSK: Law

LOS ANGELES, June 11, 2024 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

We encourage investors who have suffered losses on their investments to contact the Law Office of Frank R. Cruz to discuss their class action rights at 310-914-5007 or by email at [email protected].

GoodRx Holdings, Inc. (NASDAQ: GDRX)
Class period: September 23, 2020 – November 8, 2022
Lead plaintiff deadline: June 21, 2024

The complaint filed in this class action alleges that throughout the Class Period, defendants made false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that: (1) although Kroger represented less than 5% of pharmacies accepting GoodRx rebates, Kroger accounted for nearly 25% of GoodRx’s total revenue from prescription transactions (the Company’s primary source of revenue); and (2) Kroger could unilaterally discontinue accepting GoodRx rebates, cutting off some or all of GoodRx’s revenue from purchases at Kroger pharmacies; and (3) as a result, Defendants’ positive statements about the Company’s business, operations and prospects were misleading and/or lacked a reasonable basis at all material times.

If you are a GoodRx shareholder who suffered a loss, click here to participate.

Global Cord Blood Corporation (OTC: CORBF)
Class period: June 4, 2019 – May 3, 2022
Lead plaintiff deadline: June 24, 2024

The complaint filed in this class action alleges that throughout the Class Period, defendants made false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that: (1) Global Cord employed a capital allocation strategy designed to reserve funds for Company insiders and related parties and not for the benefit of Company stockholders; (2) Global Cord’s decisions to reject multiple private offers and proceed with the Transaction were nothing more than Defendants’ selfish and contradictory attempts to divert company funds to corporate insiders and related parties; (3) Defendants materially misrepresented to investors Global Cord’s approach to capital allocation, strategic investments, acquisitions and related party transactions as a result of Defendant Kama and its entities’ misappropriation of hundreds of millions of dollars from the Company; and (4) as a result, Defendants’ positive statements about the Company’s business, operations and prospects were misleading and/or lacked a reasonable basis at all material times.

If you are a Global Cord shareholder who suffered a loss, click here to participate.

National Lincoln Corporation (NYSE:LNC)
Class period: November 4, 2020 – November 2, 2022
Lead plaintiff deadline: June 24, 2024

The complaint filed in this class action alleges that throughout the Class Period, defendants made false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company was experiencing a deterioration in its VUL business; (2) that, as a result, the goodwill associated with the life insurance business was inflated; (3) as a result, the Company’s policies have become obsolete; (4) as a result, the Company’s reserves were overstated; (5) as a result, the Company’s reported financial results and financial statements were misstated; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were misleading and/or lacked a reasonable basis.

If you are a Lincoln National shareholder who suffered a loss, click here to participate.

Autodesk, Inc. (NASDAQ: ADSK)
Class period: June 1, 2023 – April 16, 2024
Lead plaintiff deadline: June 24, 2024

The complaint filed in this class action alleges that throughout the Class Period, defendants made false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that: (1) Autodesk, Inc. failed to have adequate internal controls as a result of problems with free cash flow and non-GAAP operating margin practices; and (2) as a result, Defendants’ positive statements about the Company’s business, operations and prospects were misleading and/or lacked a reasonable basis at all material times.

If you are an Autodesk shareholder who suffered a loss, click here to participate.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

To become a member of these class actions, you do not need to take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you would like to learn more about these class actions or have any questions about this announcement or your rights or interests in connection with these matters, please contact Frank R. Cruz at The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars , Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email at [email protected] or visit our website at www.frankcruzlaw.com. If you inquire by e-mail, please provide your mailing address, telephone number and the number of shares purchased.

This press release may be considered attorney advertising in some jurisdictions under applicable law and ethical principles.

Communication

Law Offices of Frank R. Cruz in Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com