AZRE SHAREHOLDER ALERT: Jakubowitz Law Reminds Azure Shareholders of a Lead Plaintiff Deadline of October 31, 2022
NEW YORK, Oct. 7, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Azure Power Global Limited (NYSE: AZRE).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/azure-power-global-limited-loss-submission-form/?id=32449&from=4
The lawsuit seeks to recover losses for shareholders who purchased Azure between June 15, 2021 and August 26, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 31, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Azure Power Global Limited issued materially false and/or misleading statements and/or failed to disclose that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure's plants; (2) certain project data was manipulated; (3) as a result of the foregoing, the Company's internal controls and procedures were not effective; (4) Azure had received a credible whistleblower report alleging such misconduct; and (5) 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
SOURCE Jakubowitz Law
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