According to the Complaint, Cheetah Mobile, Inc. is a mobile Internet company that offers mobile utility products (such as Clean Master and Cheetah Keyboard), casual games (such as Piano Tiles 2, Bricks n Balls), and live streaming product Live.me. The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile users and global promotional channels.
Recent Security Class Actions
According to the Complaint, PlayAGS, Inc. is a designer and supplier of electronic gaming machines. It operates with three business segments: (i) electronic gaming machines (“EGM”), which comprises 95% of the Company’s revenue and provides 380 game titles on EGM cabinets; (ii) table products, including live felt table games, side bet offerings, progressives, signage, and other ancillary table game equipment; and (iii) interactive, which offers social casino games including online versions of the Company’s game titles.
According to the Complaint, Brookdale Senior Living Inc. is the nation’s largest senior-living community operator. As of February 1, 2020, Brookdale owned 356 communities, leased 307 communities, managed seventy-seven communities on behalf of third parties, and three communities for which it has an equity interest. The Company operates independent living, assisted living and dementia-care communities and CCRCs. Through its ancillary services programs, the Company also offers a range of outpatient therapy, home health, personalized living and hospice services.
According to the Complaint, the United States Oil Fund, LP (“USO”) is an exchange traded fund purportedly designed to track the daily changes in percentage terms of the spot price of West Texas Intermediate (“WTI”) light, sweet crude oil delivered to Cushing, Oklahoma. Because retail investors are generally not equipped to buy and sell barrels of oil or authorized to trade oil futures, ETFs such as USO provide one of the primary means that such investors can gain exposure to fluctuations in oil prices.
According to the Complaint, Casper Sleep Inc. purports to sell mattresses, sleep aids and other sleep-related products and services.
.According to the Complaint, Endo International plc manufactures and sells generic and branded pharmaceuticals in the U.S. and internationally, including both generic and branded opioid products. The Company sells its branded pharmaceuticals and generics to specialty physicians, retailers, clinics, government agencies, doctors, retail and specialty pharmacies, and specialty distributors.
According to the Complaint, Chembio Diagnostics, Inc. purports to be a leading point-of-care (POC) diagnostics company focused on detecting and diagnosing infectious diseases. The Company claims its patented Dual Path Platform (DPP) technology platform, which uses a small drop of blood from the fingertip, provides high-quality, cost-effective results in approximately 15 minutes.
According to the Complaint, Tetraphase Pharmaceuticals, Inc. is a biopharmaceutical company that uses its proprietary chemistry technology to create novel tetracyclines for serious and life-threatening conditions, including infections caused by many of the multidrug-resistant bacteria highlighted as urgent public health threats by the World Health Organization and the Centers for Disease Control and Prevention.
According to the Complaint, Enphase Energy, Inc. is a global energy technology company that “deliver[s] smart, easy-touse solutions that manage solar generation, storage and communication on one intelligent platform.” The Company asserts that it “revolutionized the solar industry with [its] microinverter technology” and that it “produce[s] a fully integrated solar-plus-storage solution.”
According to the Complaint, ProAssurance Corporation is one of the largest medical liability insurance providers in the United States.
