Kessler Topaz Meltzer & Check, LLP: Announces Securities Fraud Class Action Lawsuit Filed against PLAYSTUDIOS, Inc. – QNT Press Release


RADNOR, Pa., May 07, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against PLAYSTUDIOS, Inc. (“PLAYSTUDIOS”) (NASDAQ:MYPSMYPSW)) f/k/a Acies Acquisition Corp. (“Acies”) (NASDAQ:ACACACACW)). The action charges PLAYSTUDIOS with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. The lawsuit also includes claims relating to a merger transaction with Acies and asserts claims on behalf of of investors who held Acies common stock as of May 25, 2021, were eligible to vote at Acies’ June 17, 2021 special meeting, and who exchanged their shares of Acies stock for PLAYSTUDIOS stock in connection with the merger. As a result of PLAYSTUDIOS ‘materially misleading statements to the public, PLAYSTUDIOS’ investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR PLAYSTUDIOS LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/playstudios-inc?utm_source=PR&utm_medium=link&utm_campaign=playstudios

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LEAD PLAINTIFF DEADLINE: June 6, 2022

CLASS PERIOD: JUNE 22, 2021 THROUGH MARCH 1, 2022

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at [email protected]

THE CLASS INCLUDES: Investors who (1) purchased or acquired PLAYSTUDIOS securities between June 22, 2021 and March 1, 2022, including, but not limited to, those who purchased or acquired PLAYSTUDIOS securities pursuant to the offering of the private investment in public equity ; (2) held Acies common stock as of May 25, 2021, and were eligible to vote at Acies’ June 17, 2021 special meeting who exchanged their Acies stock for PLAYSTUDIOS stock; or (3) purchased or acquired PLAYSTUDIOS common stock pursuant to or traceable…

Full story available on Benzinga.com



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