SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Renovacare, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 14, 2021
New York, New York – (Newsfile Corp. – July 22, 2021) – The following statement is issued by Levi & Korsinsky, LLP:
To: Any person or entity who purchased or otherwise acquired Renovacare, Inc. (“Renovacare”) (OTC PINK: RCAR) securities between August 14, 2017 and May 28, 2021. You are notified that a securities class action has been initiated in the United States District Court for the District of New Jersey. For more information go to:
or contact Joseph E. Levi, Esq. either by email at firstname.lastname@example.org or by phone at (212) 363-7500. There are no costs or obligations for you.
Renovacare, Inc. NEWS – RCAR NEWS
CASE DETAILS: According to the complaint filed: (1) RenovaCare conducted an advertising campaign on instructions from Harmel Rayat to make misleading statements in order to artificially increase the company’s share price; (2) when inquiring in the OTC markets, RenovaCare and Mr. Rayat issued a materially false and misleading press release alleging that no director, officer or controlling shareholder was involved in the alleged third party’s promotional materials; (3) as a result of the foregoing, the Company’s disclosure controls and procedures have been inadequate; and (4) as a result of the foregoing, defendants’ positive statements about the business, operations and prospects of the company were materially misleading and / or unfounded.
WHAT THIS MEANS FOR THE SHAREHOLDERS: If you have suffered damage at Renovacare, you can apply until September 14, 2021 for the court to appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.
NO CHARGE TO YOU: If you purchased Renovacare securities between August 14, 2017 and May 28, 2021, you may be entitled to compensation with no out-of-pocket expenses or fees.
The story goes on
PROTECT YOUR FINANCIAL INTERESTS: Fill out this short submission form https://www.zlk.com/pslra-1/renovacare-inc-information-request-form?prid=17898&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been wronged by the company.
Levi & Korsinsky is a nationally recognized law firm with offices in New York, California, Connecticut and Washington, DC. The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the US and internationally. The company, with more than 80 employees, is committed to promoting, nurturing and maintaining a culture of diversity, equality and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked one of the leading securities litigation firms in the United States in the SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 consecutive years. The SCAS Top 50 Report identifies the leading securities law firms in the country, and year after year ISS has recognized Levi & Korsinsky as the leading law firm in securities class action.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91003