NEW
YORK, Sept. 12, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of
KeyCorp.
Shareholders who purchased shares of KEY during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/key-loss-submission-form/?id=47571&from=4
CLASS PERIOD: February 27,
2020 to June 9, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) Key
downplayed concerns with its liquidity while overstating the
effectiveness of its long-term liquidity strategy; (ii) Key
overstated its projected net interest income ("NII") for the second
quarter and full year of 2023, as well as related positive NII
drivers, while downplaying negative NII drivers; (iii) as a result,
Key was likely to negatively revise its previously issued NII
guidance; (iv) all the foregoing, once revealed, was likely to
negatively impact Key's business, financial results, and
reputation; and (v) as a result, defendants' public statements were
materially false and/or misleading at all relevant times.
DEADLINE: October 3, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/key-loss-submission-form/?id=47571&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of KEY during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is October 3, 2023. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
