NEW YORK, NY / ACCESSWIRE / January 19, 2023 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

SUNL Shareholders Click Here: https://www.zlk.com/pslra-1/sunlight-financial-lawsuit-submission-form?prid=35783&wire=1
LUV Shareholders Click Here: https://www.zlk.com/pslra-1/southwest-airlines-loss-submission-form?prid=35783&wire=1
IBM Shareholders Click Here: https://www.zlk.com/pslra-1/ibm-class-action-submission-form?prid=35783&wire=1

* ADDITIONAL INFORMATION BELOW *

Sunlight Financial Holdings Inc. f/k/a Spartan Acquisition Corp. II (NYSE:SUNL)

SUNL Lawsuit on behalf of: investors who purchased January 25, 2021 - September 28, 2022
Lead Plaintiff Deadline : February 14, 2023
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/sunlight-financial-lawsuit-submission-form?prid=35783&wire=1

According to the filed complaint, during the class period, Sunlight Financial Holdings Inc. f/k/a Spartan Acquisition Corp. II made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective underwriting and risk evaluation with respect to its contractor advance program; (2) Sunlight lacked the oversight and periodic monitoring systems necessary to timely detect bad debt associated with its contractor advance program; (3) the Company lacked effective internal controls over accounting and reporting of non-cash advance receivables; (4) as a result, the Company would be forced to take a non-cash advance receivables impairment charge exceeding $30 million; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Southwest Airlines Co. (NYSE:LUV)

LUV Lawsuit on behalf of: investors who purchased June 13, 2020 - December 31, 2022
Lead Plaintiff Deadline : March 13, 2023
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/southwest-airlines-loss-submission-form?prid=35783&wire=1

According to the filed complaint, during the class period, Southwest Airlines Co. made materially false and/or misleading statements and/or failed to disclose that: (1) Southwest continuously downplayed or ignored the serious issues with the technology it used to schedule flights and crews and how the Company stood to be affected worse than other airlines in the event of inclement weather; and (2) the Company did not discuss how its unique point-to point service and aggressive flight schedule could leave it prone in the event of inclement weather; and (3) as a result, defendants' statements about Southwest's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

International Business Machines Corporation (NYSE:IBM)

IBM Lawsuit on behalf of: investors who purchased January 18, 2018 - October 16, 2018
Lead Plaintiff Deadline : March 14, 2023
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ibm-class-action-submission-form?prid=35783&wire=1

According to the filed complaint, during the class period, International Business Machines Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Strategic Imperatives Revenue growth, CAMSS (the distinct components of 'Cloud,' 'Analytics,' 'Mobile,' 'Security,' and 'Social') and CAMSS Components' revenue growth, and the Company's Segments' revenue growth were artificially inflated as a result of the wrongful reclassification/misclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; and (ii) IBM was materially less successful in growing its Strategic Imperative business, reporting materially higher growth than it actually achieved only by wrongfully reclassifying and misclassifying revenue from non-strategic to strategic thereby reporting publicly materially false Strategic Imperative Revenue.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE : Levi & Korsinsky, LLP