GM Takes $6 Billion EV Write-Down as Electric Vehicle Demand Slows in the U.S. 
Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026 
Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity 
Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks 
AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid 
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content 
SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally 
Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal 
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
Walmart to Join Nasdaq-100 Index as It Replaces AstraZeneca Following Exchange Move 
Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
Trump Considers Starlink to Restore Internet Access in Iran Amid Protests 
NEW YORK, April 08, 2016 -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Northern District of California on behalf of investors who purchased Hortonworks, Inc. (NASDAQ:HDP) securities between November 4, 2015 and January 15, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/hortonworks. There is no cost or obligation to you.
According to the complaint, throughout the Class Period, Defendants: (1) misrepresented that the Company had sufficient cash and cash equivalents to fund 12 months of working capital and capital expenditure needs; (2) failed to disclose that Hortonworks in actuality lacked the necessary cash to meet those expenditure requirements over that period of time; and (3) failed to disclose the Company was contemplating a significant offering to fund operations. As a result of the aforementioned, public statements made by defendants were materially false and misleading at all relevant times.
If you suffered a loss in Hortonworks you have until April 29, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/hortonworks.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]
