CLASS ACTION UPDATE for MOMO, EQBK, KSHB and ZUO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, July 01, 2019 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Momo Inc. (NASDAQ: MOMO)
Class Period: April 21, 2014 - April 29, 2019
Lead Plaintiff Deadline: July 15, 2019
Join the action: https://www.zlk.com/pslra-1/momo-inc-loss-form?wire=3

About the lawsuit: Momo Inc. allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (i) Momo’s compliance procedures and controls were inadequate to prevent, inter alia, illicit financial reporting activity; (ii) Momo’s social and dating app, Tantan, was materially noncompliant with PRC law and/or regulations; (iii) Tantan was consequently at an increased risk of being removed from Chinese app stores at the direction of Chinese governmental authorities; and (iv) as a result, Momo’s public statements were materially false and misleading at all relevant times.

To learn more about the Momo Inc. class action contact jlevi@levikorsinsky.com.

Equity Bancshares, Inc. (NASDAQ: EQBK)
Class Period: May 11, 2018 - April 22, 2019
Lead Plaintiff Deadline: July 12, 2019
Join the action: https://www.zlk.com/pslra-1/equity-bancshares-inc-loss-form?wire=3

About the lawsuit: Equity Bancshares, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate internal controls to assess credit risk; (2) as a result, certain of the Company’s loans posed an increased risk of loss; (3) as a result, the Company was reasonably likely to incur significant losses for certain substandard loans; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

To learn more about the Equity Bancshares, Inc. class action contact jlevi@levikorsinsky.com.

KushCo Holdings, Inc. (OTCMKTS: KSHB)
Class Period: July 13, 2017 - April 9, 2019
Lead Plaintiff Deadline: July 1, 2019
Join the action: https://www.zlk.com/pslra-1/kushco-holdings-inc-loss-form?wire=3

About the lawsuit: KushCo Holdings, Inc. allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (i) KushCo made material accounting errors in connection with its acquisitions of CMP Wellness, Summit, and Hybrid; (ii) as a result, KushCo’s previously issued financial statements as of and for the fiscal years ended August 31, 2018 and August 31, 2017, included in the Company’s Annual Reports on Form 10-K for such periods, and financial statements as of and for the quarterly periods ended May 31, 2017, November 30, 2017, February 28, 2018, May 31, 2018 and November 30, 2018, included in the Company’s Quarterly Reports on Form 10-Q for such periods, could not be relied upon; (iii) KushCo’s net loss for the fiscal year ended August 31, 2018, was more than twice as high than previously reported; (iv) KushCo and its management’s assurances that its financial statements for those fiscal years and periods were accurate and fairly reported could not be relied upon; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

To learn more about the KushCo Holdings, Inc. class action contact jlevi@levikorsinsky.com.

Zuora, Inc. (NYSE: ZUO)
Class Period: April 12, 2018 - May 30, 2019
Lead Plaintiff Deadline: August 13, 2019
Join the action: https://www.zlk.com/pslra-1/zuora-inc-loss-form?wire=3

About the lawsuit: Throughout the class period, Zuora, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company  would  focus  on  implementing  RevPro  for  new  customers  ahead  of  the  deadline  to  comply  with  accounting  standard  ASC  606;  (2)  as  a  result,  the  Company  lacked  adequate  resources  to  integrate  RevPro  with  the  core  business;  (3) the  Company  would  focus  on  RevPro integration a year after the acquisition closed; (4) delays in integrating RevPro would materially impact the business; (5)  the market for RevPro was limited to customers seeking to implement  new  accounting  standards  such  as  ASC  606;  (6)  after  the  deadline  for  ASC  606  compliance passed, demand for RevPro was reasonably likely to decline; and (7) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

To learn more about the Zuora, Inc. class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com