MYPS LOSS ALERT: ROSEN, A LEADING LAW FIRM, Encourages PLAYSTUDIOS, Inc. Investors f/k/a Acies Acquisition Corp. to get advice before an important deadline in the securities class action – MYPS, MYPSW, ACAC
NEW YORK, April 26, 2022 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, reminds investors of PLAYSTUDIOS, Inc. f/k/a Acies Acquisition Corp. MYPS MYPSW, ACAC))) who: (1) purchased or otherwise acquired the PLAYSTUDIOS titles between June 22, 2021 and March 1, 2022, both dates inclusive, including but not limited to those who purchased or acquired PLAYSTUDIOS titles under the PIPE offer; (2) held ordinary shares of Acies at May 25, 2021and had the right to vote in the Acies June 16, 2021 special meeting; and/or (3) purchased or otherwise acquired common stock of PLAYSTUDIOS pursuant to Acies’ registration statement and power of attorney issued pursuant to the June 2021 Merger (the “Class Period”), of the material June 6, 2022 lead applicant deadline.
SO WHAT: If you purchased PLAYSTUDIOS titles during the Class Period, you may be entitled to compensation without payment of disbursements or fees through a contingency fee arrangement.
WHAT TO DO NEXT: To join the PLAYSTUDIOS class action, go to https://rosenlegal.com/submit-form/?case_id=5097 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court not later than June 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) PLAYSTUDIOS was experiencing significant issues with its flagship game, Kingdom Boss; (2) PLAYSTUDIOS would not release Kingdom Boss as planned; (3) PLAYSTUDIOS had not revised its financial projections to take into account the problems encountered with Kingdom Boss; and (4) therefore, the defendants’ statements regarding the activities, operations and prospects of PLAYSTUDIOS lacked reasonable basis. When the real details entered the market, the lawsuit claims investors suffered damages.
To join the PLAYSTUDIOS class action, go to https://rosenlegal.com/submit-form/?case_id=5097 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future upturn does not depend on their status as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firmon Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Lawyer advertisement. Previous results do not guarantee a similar result.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
Show original content to download multimedia:https://www.prnewswire.com/news-releases/myps-loss-alert-rosen-a-leading-law-firm-encourages-playstudios-inc-fka-acies-acquisition-corp-investors-to-secure- advice-before-important-deadline-in-the-securities-class-action–myps-mypsw-acac-301533311.html
SOURCE Rosen Law Firm, Pennsylvania