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Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against OPKO Health, MGT Capital, and Applied Optoelectronics and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against OPKO Health, MGT Capital, and Applied Optoelectronics and Encourages Investors to Contact the Firm.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\nNEW YORK, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of OPKO Health, Inc., MGT Capital Investments, Inc., and Applied Optoelectronics, Inc.  Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff.  Additional information about each case can be found at the link provided.\n OPKO Health, Inc. (NASDAQ: OPK) Class Period: October 8, 2013 - September 7, 2018 Lead Plaintiff Deadline: November 13, 2018 The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) OPKO and its Chairman and Chief Executive Officer, Phillip Frost, were engaged in a pump-and-dump scheme with several other individuals and companies in their investments in several penny stocks; (2) this illicit scheme would result in governmental scrutiny including from the SEC; and (3) as a result, defendants’ statements about OPKO’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. To learn more about the OPKO class action go to: http://bespc.com/opk/.  MGT Capital Investments, Inc. (Other OTC: MGTI) Class Period: October 9, 2015 - September 7, 2018 Lead Plaintiff Deadline: November 27, 2018 The complaint alleges that throughout the Class Period, defendants made false and misleading statements to the market.  The SEC filed a lawsuit against a former MGT Capital officer and others alleging a pump & dump scheme to artificially drive up the price of the Company’s stock price.  The management of MGT Capital was influenced by the scheme, ultimately resulting in the Company’s stock being delisted by the New York Stock Exchange. To learn more about the MGT class action go to:  https://bespc.com/mgti/. Applied Optoelectronics, Inc. (NASDAQ: AAOI) Class Period: August 7, 2018 - September 27, 2018 Lead Plaintiff Deadline: November 30, 2018 The Complaint alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects.  Specifically, defendants failed to...