NEW YORK–(BUSINESS WIRE)–WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Unity Software Inc. (NYSE: U) securities between March 5, 2021 and March 10, 2021. May 2022, both dates inclusive (the “Class Period”). If you want to serve as lead plaintiff, you must transfer to the Court no later than September 6, 2022.
AND THAT: If you purchased Unity securities during the Class Period, you may be entitled to compensation without payment of any disbursement fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Unity class action lawsuit, go to https://rosenlegal.com/send-form/?case_id=7381 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit. A class action lawsuit has already been filed. If you want to serve as lead plaintiff, you must transfer to the Court no later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct the litigation.
WHY ROSEN’S LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often the companies that issue ads do not have comparable experience, resources, or any significant recognition from their peers. Be wise in selecting an attorney. The Rosen Law Firm represents investors around the world, concentrating its practice on securities class action and shareholder derivative litigation. The Rosen Law Firm has achieved the largest securities class action settlement in history against a Chinese company. The Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured more than $438 million for investors. In 2020, law360 named founding partner Laurence Rosen as a Titan of the Plaintiffs Bar Association. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) deficiencies in Unity’s product platform reduced the accuracy of Unity’s machine learning technology; Company; (2) the foregoing would likely have a material negative impact on the Company’s revenues; (3) as a result, Unity had overstated the Company’s business and/or financial outlook for 2022; (4) as a result, the Company was likely to have to reduce its tax guidance for fiscal year 2022; and (5) as a result, the Company’s public statements were materially false and misleading at all material times. When the true details entered the market, the suit claims that investors suffered damages.
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To join the Unity class action lawsuit, go to https://rosenlegal.com/send-form/?case_id=7381 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can select the attorney of your choice. You can also remain a member of the absent class and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on him acting as the lead claimant.
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Laurence Rosen, Esq.
Philip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827