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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of HON, WRCDF and UCO

NEW YORK, NY / ACCESSWIRE / August 30, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Honeywell International Inc. (NYSE:HON)
Class Period: February 9, 2018 - October 19, 2018
Lead Plaintiff Deadline: September 4, 2020

Honeywell International Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Honeywell's Bendix Friction Materials ("Bendix") asbestos-related liability was greater than initially reported; (2) the Company maintained improper accounting practices in connection with its Bendix asbestos-related liability; and (3) as a result, Honeywell's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in HON: http://www.kleinstocklaw.com/pslra-1/honeywell-international-inc-loss-submission-form?id=8923&from=1

Wirecard AG (OTC PINK:WRCDF)
Class Period: August 17, 2015 - June 24, 2020
Lead Plaintiff Deadline: September 8, 2020

The complaint alleges that throughout the class period Wirecard AG made materially false and/or misleading statements and/or failed to disclose that: (1) Wirecard overstated its cash balances during the Class Period, falsely claiming €1.9 billion of cash in a trust account that was missing; (2) Wirecard overstated its financial results during the Class Period, including revenue and EBITDA; (3) Wirecard did not have adequate risk management or countermeasures; (4) the Company's external auditor failed to audit Wirecard in accordance with applicable auditing principles; and (5) as a result, Defendants' statements about Wirecard's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in WRCDF: http://www.kleinstocklaw.com/pslra-1/wirecard-ag-loss-submission-form-2?id=8923&from=1

Proshares Ultra Bloomberg Crude Oil (NYSE:UCO)
Class Period: March 6, 2020 - April 27, 2020
Lead Plaintiff Deadline: September 28, 2020

The UCO lawsuit alleges Proshares Ultra Bloomberg Crude Oil made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) decreased demand for oil due to the coronavirus pandemic and increased oil supply and diminished oil prices caused by the Russia/Saudi oil price war had caused extraordinary market volatility; (2) a massive influx of investor capital into the Fund, totaling hundreds of millions of dollars, in a matter of days had increased Fund inefficiencies, heightened illiquidity in the West Texas Intermediate ("WTI") futures contract markets in which the Fund invested, and caused the Fund to approach positional and regulatory limits (adverse trends exacerbated by the Offering itself); (3) there was a sharp divergence between spot and future prices in the WTI oil markets, leading to a super contango market dynamic as oil storage space in Cushing, Oklahoma dwindled and was insufficient to account for the excess supply expected to be delivered pursuant to the WTI May 2020 futures contract. As a result, UCO could not continue to pursue the passive investment strategy represented in the Registration Statement, causing its results to significantly deviate from its purported benchmark.

Learn about your recoverable losses in UCO: http://www.kleinstocklaw.com/pslra-1/proshares-ultra-bloomberg-crude-oil-loss-submission-form?id=8923&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm



View source version on accesswire.com:
https://www.accesswire.com/603937/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-HON-WRCDF-and-UCO

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