NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP reminds investors that class action lawsuits have been filed on behalf of investors in securities of Enochian Biosciences, Inc., Lottery.com, Inc. and Azure Power Global Limited. Investors have until the deadlines set out below to petition the court to be appointed lead plaintiff in the court proceedings. For more information on each case, see the links below.
Enochian Biosciences, Inc. (“Enochian”) (NASDAQ: ENOB)
Class period: January 17, 2018 to June 27, 2022
Pending court: United States District Court for the Central District of California
Deadline for lead plaintiff: September 26, 2022
The lawsuit alleges that during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose the following: (1) co-founder and inventor Gumrukcu engaged in a variety of frauds; (2) Gumrukcu was not a licensed physician anywhere in the world; (3) as a result of the foregoing, Gumrukcu’s alleged contributions to Enochian lacked any reasonable basis; (4) as a result of the foregoing, Enochian had overstated its commercial prospects; (5) Gumrukcu had improperly diverted approximately $20 million from Enochian to companies he owned; and (6) as a result, defendants’ positive statements about Enochian’s business, operations and prospects were materially misleading and/or lacking any reasonable basis at all relevant times.
For more information on the Enochian lawsuit, see This website.
Lottery.com, Inc. (“Lottery.com”) (NASDAQ: LTRY)
Teaching period: November 15, 2021 to July 29, 2022,
Pending court: US District Court for the Southern District of New York
Deadline for lead plaintiff: October 18, 2022
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose throughout the Class Period, among other things: (1) the company lacked adequate internal accounting controls; (2) the company lacked adequate internal controls over…
