BENSALEM, Pa., Oct. 27, 2022 (GLOBE NEWSWIRE) — The law firm of Howard G. Smith is reminding investors that class action lawsuits have been filed on behalf of the shareholders of the following public companies. Investors have until the deadlines set out below to file a lead plaintiff filing.

Investors who experience losses on their investments are advised to contact the law firm of Howard G. Smith to discuss their legal rights in these class action lawsuits at 888-638-4847 or by email at [email protected].

Opendoor Technologies Inc. (NASDAQ: OPEN)
Class Period: December 21, 2020 – September 16, 2022
Deadline for lead plaintiff: December 6, 2022

The Complaint alleges that throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) the algorithm used by the Company to bid on real estate could not accurately track changing house prices adapt to different market conditions and business cycles; (2) as a result, the Company was exposed to an increased risk of incurring significant and repeated losses due to fluctuations in residential real estate prices; (3) accordingly, Defendants overstated the algorithm’s alleged benefits and competitive advantages; and (4) as a result, the defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacking a reasonable basis at all relevant times.

Block, Inc. (NYSE: Q)
Class Period: November 4, 2021 – April 4, 2022
Deadline for lead plaintiff: December 12, 2022

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company lacked adequate protocols to limit access to confidential customer information; (2) that as a result, a former employee was able to download certain reports from the Company’s subsidiary, Cash App Investing, which contained full client names and brokerage account numbers and…