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Securities fraud class action lawsuits target UiPath, Shift4 Payments, Masimo Corporation, and Enviva

EditorAmbhini Aishwarya
Published 10/03/2023, 02:04 AM
© Reuters.

Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, has reminded investors of upcoming deadlines involving securities fraud class action lawsuits against UiPath, Inc. (NYSE: PATH), Shift4 Payments, Inc. (NYSE: FOUR), Masimo (NASDAQ:MASI) Corporation (NASDAQ: MASI), and Enviva, Inc. (NYSE: NYSE:EVA).

The lawsuit against UiPath was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased or acquired the common stock between April 21, 2021 and March 30, 2022. Those interested in serving as lead plaintiffs must move the court no later than November 6, 2023.

Shift4 Payments is facing a similar lawsuit filed in the United States District Court for the Eastern District of Pennsylvania on behalf of investors who purchased securities between November 10, 2021 and April 18, 2023. The deadline for applying as a lead plaintiff in this case is October 17, 2023.

Masimo Corporation is also under scrutiny with a lawsuit filed in the United States District Court for the Southern District of California on behalf of investors who purchased or acquired common stock between February 28, 2023 and July 17, 2023. The deadline to serve as lead plaintiff in this case is October 23, 2023.

Lastly, a lawsuit against Enviva was filed in the United States District Court for the District of Maryland on behalf of investors who purchased or acquired common stock between November 3, 2022 and May 3, 2023. The deadline for this case is November 13, 2023.

In all cases, the lawsuits allege violations of the Securities Exchange Act of 1934 against the companies and certain officers. The ability to share in any recovery doesn't require serving as lead plaintiff, and investors choosing to take no action may remain absent class members.

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