STEM INC REVENUE SOFTWARE

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Until a class is certified, you are not represented by counsel unless you retain one. toll-free at 86 or email or for information on the class action. To join the Stem class action, go to or call Phillip Kim, Esq. When the true details entered the market, the lawsuit claims that investors suffered damages.

STEM INC REVENUE SOFTWARE

Specifically, the offering documents and defendants made false and/or misleading statements and/or failed to disclose that: (1) Legacy Stem suffered from material weaknesses in internal control over financial reporting related to accounting for deferred cost of goods sold and inventory, certain revenue recognition calculations, and internal-use capitalized software calculations (2) the Company had overstated Legacy Stem's and its own post-Merger business and financial prospects (3) Stem's software revenue did not make up 100% of the Company's services revenue (4) Stem had overstated the benefits expected to flow from its AP partnership and (5) as a result, the offering documents and defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.ĭETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. In 2019 alone the firm secured over $438 million for investors. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to serve as lead plaintiff, you must move the Court no later than July 11, 2023. A class action lawsuit has already been filed. WHAT TO DO NEXT: To join the Stem class action, go to or call Phillip Kim, Esq. SO WHAT: If you purchased Stem 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. ('Merger Sub'), and Stem, Inc., ('Legacy Stem') and/or (ii) between Maand February 16, 2023, both dates inclusive (the 'Class Period'), of the important Jlead plaintiff deadline. (NYSE: STEM, STEM.WT, STPK.U): (i) pursuant and/or traceable to the offering documents issued in connection with the merger ('Merger') consummated on Apby and among the Company, STPK Merger Sup Corp. WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers and acquirers of the securities of Stem, Inc.

Stem inc revenue