BENSALEM, Pa., May 12, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Playstudios, Inc. ("Playstudios" or the "Company") (NASDAQ: MYPS).
Class Period: June 22, 2021 – March 1, 2022
Lead Plaintiff Deadline: June 7, 2022
Investors suffering losses on their Playstudios investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that it was having significant problems with Kingdom Boss, would not be releasing Kingdom Boss as expected, and had not revised its financial projections to account for the issues with Kingdom Boss, and as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not 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 wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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SOURCE Law Offices of Howard G. Smith