Investors reminded of November 4 deadline in class action lawsuits against WEBTOON and GitLab

Holzer & Holzer, LLC has announced a deadline of November 4, 2024, for investors to become lead plaintiffs in class action lawsuits against WEBTOON Entertainment Inc. and GitLab Inc. The lawsuits claim that both companies made misleading statements regarding their financial performance. The WEBTOON lawsuit alleges that the company failed to disclose a slowdown in advertising revenue and other financial issues. The GitLab lawsuit claims that the company concealed problems related to its AI development capabilities. Investors who purchased shares of WEBTOON before September 5, 2024, or GitLab between June 6, 2023, and March 4, 2024, and suffered losses are encouraged to seek legal advice.