Investors With Losses Over $75,000 Interested in Being a Lead Plaintiff in Securities Fraud Class Action Lawsuit Against Skillz Inc. – Contact Johnson Fistel

SAN DIEGO, June 25, 2021 (GLOBE NEWSWIRE) – Shareholder rights law firm Johnson Fistel, LLP announces that it has filed a class action lawsuit on behalf of investors of Skillz Inc. (“Skillz” or the “Company”) (NYSE: SKLZ) . The class action is on behalf of the shareholders, the Skillz. bought between December 16, 2020 and April 19, 2021, including both dates (the “Class Period”). If you want to appear as the lead plaintiff in this class action lawsuit, you must go to court no later than July 7, 2021.

[Click here to join this action]

According to the lawsuit, the company provided false and misleading information to the market. The three games that made up the bulk of Skillz’s revenue had suffered a significant decline. The company’s financial position was misrepresented by its revenue recognition policy. The company’s growth forecasts, especially for the Android market, were unrealistic. Because of these facts, the company’s public statements were false and materially misleading throughout the course period. When the market learned the truth about Skillz, investors suffered damage.

A lead plaintiff will act on behalf of all other group members in leading the Skillz class action. The lead plaintiff can choose a law firm of their choice to bring the class action lawsuit. An investor’s ability to participate in a possible future collection of the Skillz class action lawsuit does not depend on being the lead plaintiff.

If you are a Skillz shareholder and you have losses in excess of $ 75,000 and want to learn more about how you are lead plaintiff, please contact Jim Baker ([email protected]) at the 619-814-4471. Please include your telephone number in your e-mail.

Besides, you can [Click here to join this action]. There are no costs or obligations for you.

About Johnson Fistula, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents private and institutional investors in shareholder derivative and securities class actions. More information about the firm and their attorneys can be found at http://www.johnsonfistel.com. Lawyer advertising. Past results do not guarantee future results.

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Contact:
Johnson Fistula, LLP
Jim Baker, 619-814-4471
[email protected]

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