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LAWSUITS FILED AGAINST HALL, ENPH and BKD - JAKUBOWITZ LAW PURSUES SHAREHOLDERS CLAIMS

NEW YORK, NY / ACCESSWIRE / July 2, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Hallmark Financial Services, Inc. (NASDAQ:HALL)

CONTACT JAKUBOWITZ ABOUT HALL https://claimyourloss.com/securities/hallmark-financial-services-inc-loss-submission-form/?id=7737&from=1

Class Period: March 5, 2019 - March 17, 2020

Lead Plaintiff Deadline: July 6, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting related to reserves for unpaid losses; (2) the Company improperly accounted for reserve for unpaid losses and loss adjustment expenses related to its Binding Primary Commercial Auto business; (3) as a result, Hallmark Financial would be forced to report a $63.8 million loss development for prior underwriting years; (4) as a result, Hallmark Financial would exit from its Binding Primary Commercial Auto business; 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.

Enphase Energy, Inc. (NASDAQ:ENPH)

CONTACT JAKUBOWITZ ABOUT ENPH https://claimyourloss.com/securities/enphase-energy-inc-loss-submission-form/?id=7737&from=1

Class Period: February 26, 2019 - June 17, 2020

Lead Plaintiff Deadline: August 17, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) its revenues, both U.S. and international, were inflated; (2) the Company engaged in improper deferred revenue accounting practices; (3) the Company's reported base points expansion in gross margins were overstated; and (4) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

Brookdale Senior Living Inc. (NYSE:BKD)

CONTACT JAKUBOWITZ ABOUT BKD https://claimyourloss.com/securities/brookdale-senior-living-inc-loss-submission-form/?id=7737&from=1

Class Period: August 10, 2016 - April 29, 2020

Lead Plaintiff Deadline: August 24, 2020

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Brookdale's financial performance was sustained by, among other things, the Company's purposeful understaffing of its senior living communities; (ii) the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results and reputation; (iii) as a result, the Company's financial results were unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

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



View source version on accesswire.com:
https://www.accesswire.com/596102/LAWSUITS-FILED-AGAINST-HALL-ENPH-and-BKD--JAKUBOWITZ-LAW-PURSUES-SHAREHOLDERS-CLAIMS

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