you may,
no later than May 18, 2021, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of Root, Inc.
On October 5, 2020, Root filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) in connection with the IPO, which, after several amendments, was declared effective on October 27, 2020 (the Registration Statement ). On October 28, 2020, Root s underwriters conducted the IPO, selling 26.8 million shares of the Company s Class A common stock to the public at $27.00 per share for total approximate proceeds of $725 million.
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NEW YORK, April 4, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Root Inc. ( Root or the Company ) (NASDAQ: ROOT) and certain of its officers. The class action, filed in the United States District Court for the Southern District of Ohio, Eastern Division, and docketed under 21-cv-01197, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the Class Period ); and/or (b) Root Class A common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company s initial public offering conducted on or about October 28, 2020 (the IPO or Offering ). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the Securities Act ) and the Securities Exchange Act of 1934 (the Exc
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WHY: New York, N.Y., April 3, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020 and March 8, 2021, inclusive (the “Class Period”); and/or (2) purchased or otherwise acquired Root Class A common stock pursuant and/or traceable to the Offering documents issued in connection with the Company’s initial public offering conducted on or about October 28, 2020 (the “IPO” or “Offering”), of the important
May 18, 2021
lead plaintiff deadline.
SO WHAT: If you purchased Root securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
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WHY: New York, N.Y., April 3, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020 and March 8, 2021, inclusive (the “Class Period”); and/or (2) purchased or otherwise acquired Root Class A common stock pursuant and/or traceable to the Offering documents issued in connection with the Company’s initial public offering conducted on or about October 28, 2020 (the “IPO” or “Offering”), of the important
May 18, 2021
lead plaintiff deadline.
SO WHAT: If you purchased Root securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.