{"success":true,"data":{"pressRelease":{"id":"30092","rtpr_id":"nGNX2RXdPD","ticker":"ALIT","exchange":"NYSE","all_tickers":["ALIT","CHOW","GO"],"title":"DEADLINE ALERT for CHOW, GO, and ALIT: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders","author":"Globe Newswire","published_at":"2026-05-11T16:24:00.096Z","article_body":"LOS ANGELES, May 11, 2026 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz\n(https://www.globenewswire.com/Tracker?data=QgTDOZTJ1H6LuZ5DFBSi0SsTU4H6uYcNOSkzUvcS4nljL-Ep6yZblmsLK-AnHz9cpl8SANoYMB4jYYqo5slN2SQ-FWFxWUNqCepOcPgZ9Z4AQTBbkT-bLEsO86z6NhIR)\nreminds investors that class action lawsuits have been filed on behalf of\nshareholders of the following publicly-traded companies.  Investors have\nuntil the deadlines listed below to file a lead plaintiff motion.\n\nInvestors suffering losses on their investments are encouraged to contact The\nLaw Offices of Frank R. Cruz to discuss their legal rights in these class\nactions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.\n\nChowChow Cloud International Holdings Limited (NYSE: CHOW\n(https://www.globenewswire.com/Tracker?data=TqwIQbkXg9BWMGHPKcuI9sVmZmBkKPr5fMa7pQ5jl3_NInFCgN0L6cBqkVhax8By7ZEu7cciTpZS0m_QVBcKoTHuNduKBpwVznnFeevb1Vg=))\nClass Period: September 16, 2025 -m December 10, 2025\nLead Plaintiff Deadline: May 12, 2026\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors that: (1) CHOW was the subject of a market manipulation and\nfraudulent promotion scheme involving social-media based misinformation and\nimpersonators posing as financial professionals; (2) CHOW’s public\nstatements and risk disclosures omitted any mention of the realized risk of\nfraudulent trading or market manipulation used to drive the Company’s stock\nprice; (3) that, as a result, CHOW securities were at unique risk of a\nsustained suspension in trading by NYSE American and severe volatility-induced\ndecline; (4) that the sole underwriter on the IPO, Tiger Securities, had been\nfined and censured by the Financial Industry Regulatory Authority\n(“FINRA”) in April 2025 for failing to have a reasonable system in place\nto identify potentially suspicious deposits of low-priced securities; and (5)\nas a result, Defendants’ positive statements about the Company’s business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis at all relevant times.\n\nIf you are a ChowChow shareholder who suffered a loss, click here\n(https://www.globenewswire.com/Tracker?data=t1CYlcfGQQl9B5x8XVdiC51dx_lmbR0lT2h6ERkBqamMMN52cYnN61O9SyC9vy5R6AffgBkJ82yv-fkW4dL246yrSyqAQqkthU6HHeGRuUClp1xqCVCwsS4JI9yxyE3cCG80h-bbH9mkaiuyfDsMYA==)\nto participate.\n\nGrocery Outlet Holding Corp. (NASDAQ: GO\n(https://www.globenewswire.com/Tracker?data=8WKl1IOr-H5hb8w1hcfxaV2HZEhH_NbDJyuW0nG36QaGvZyzIq8UXIxeUFldWr9pxGyhMK0NUv_Dqh5Pu-ttZg==))\nClass Period: August 5, 2025 – March 4, 2026\nLead Plaintiff Deadline: May 15, 2026\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors: (1) the Company had “expanded too quickly” into new stores; (2)\nthe Company’s purportedly strong financial and operational growth was being\nartificially supported by excessive rapid store expansion; (3) as a result,\nthe Company was unable to achieve the sustainable growth required to meet its\npreviously set guidance; (4) the Company’s Restructuring Plan would require\nfurther Optimization to achieve its operational goals, including significant\nstore closures and asset write-downs; and (5) that, as a result of the\nforegoing, Defendants’ positive statements about the Company’s business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nIf you are a Grocery Outlet shareholder who suffered a loss, click here\n(https://www.globenewswire.com/Tracker?data=t1CYlcfGQQl9B5x8XVdiC0Xpf3JMXCxKuU-9Jp3K7uXXQyFKvGcLh1DHK6QsLfyGw1bySXPo6n-pnDkbPfGJqY7w606hmoJ1q-zm8kXM-JTUacfMQ9gYm684317-H2aA)\nto participate.\n\nAlight, Inc. (“Alight” or the “Company”) (NYSE: ALIT\n(https://www.globenewswire.com/Tracker?data=qA5ljCM84LK5FPnH8FrrQbv9TL0HkyGurj2m0E8XpY8rvWGOBTIuvRolUYhyCZoB9XO8EqgkIz8xP43tnLa_5fLZe25CEFx84mzn7OodP_c=))\nClass Period: November 12, 2024 – February 18, 2026\nLead Plaintiff Deadline: May 12, 2026\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors that: (1) Alight’s optimistic reports of growth, cost cutting\nmeasures, strong pipeline, and far-reaching visibility fell short of reality;\n(2) the Company’s sales team was not equipped execute in accordance with its\nmanagement’s expectations; and (3) as a result, Defendants’ positive\nstatements about the Company’s business, operations, and prospects were\nmaterially misleading and/or lacked a reasonable basis at all relevant times.\n\nIf you are an Alight shareholder who suffered a loss, click here\n(https://www.globenewswire.com/Tracker?data=t1CYlcfGQQl9B5x8XVdiC_-SfKm36FFL8jkwAKIJyf5V_vBrfOLdvk9sN_tdC1Oda_iKJCc49FrL3zXzftq1pte8aj6WY8m727nzjqnFDjc=)\nto participate.\n\nFollow us for updates on Twitter: twitter.com/FRC_LAW\n(https://www.globenewswire.com/Tracker?data=xZUFTS-vmap2DsZn-WsTSYI24NMo5Cfn4SATR7nrdK4ultG0cXe14qazySYGWShspqtB6CxMJcBYlg5lrKjp0eiZq3eZ_Te0OKFUhv2nWI8=).\n\nTo be a member of these class actions, you need not take any action at this\ntime; you may retain counsel of your choice or take no action and remain an\nabsent member of the class action. If you wish to learn more about these\nclass actions, or if you have any questions concerning this announcement or\nyour rights or interests with respect to these matters, please contact Frank\nR. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite\n1100, Los Angeles, California 90067 at 310-914-5007, by email to\ninfo@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com.   If\nyou inquire by email please include your mailing address, telephone number,\nand number of shares purchased.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\nContacts\n\nThe Law Offices of Frank R. Cruz, Los Angeles\nFrank R. Cruz, 310-914-5007\nfcruz@frankcruzlaw.com\nwww.frankcruzlaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/778ea178-25d1-48a3-9141-a162814899d4)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2RXdPD","title":"DEADLINE ALERT for CHOW, GO, and ALIT: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders","author":"Globe Newswire","ticker":"ALIT","created":"2026-05-11T16:24:00.096Z","tickers":["ALIT","CHOW","GO"],"exchange":"NYSE","article_body":"LOS ANGELES, May 11, 2026 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz\n(https://www.globenewswire.com/Tracker?data=QgTDOZTJ1H6LuZ5DFBSi0SsTU4H6uYcNOSkzUvcS4nljL-Ep6yZblmsLK-AnHz9cpl8SANoYMB4jYYqo5slN2SQ-FWFxWUNqCepOcPgZ9Z4AQTBbkT-bLEsO86z6NhIR)\nreminds investors that class action lawsuits have been filed on behalf of\nshareholders of the following publicly-traded companies.  Investors have\nuntil the deadlines listed below to file a lead plaintiff motion.\n\nInvestors suffering losses on their investments are encouraged to contact The\nLaw Offices of Frank R. Cruz to discuss their legal rights in these class\nactions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.\n\nChowChow Cloud International Holdings Limited (NYSE: CHOW\n(https://www.globenewswire.com/Tracker?data=TqwIQbkXg9BWMGHPKcuI9sVmZmBkKPr5fMa7pQ5jl3_NInFCgN0L6cBqkVhax8By7ZEu7cciTpZS0m_QVBcKoTHuNduKBpwVznnFeevb1Vg=))\nClass Period: September 16, 2025 -m December 10, 2025\nLead Plaintiff Deadline: May 12, 2026\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors that: (1) CHOW was the subject of a market manipulation and\nfraudulent promotion scheme involving social-media based misinformation and\nimpersonators posing as financial professionals; (2) CHOW’s public\nstatements and risk disclosures omitted any mention of the realized risk of\nfraudulent trading or market manipulation used to drive the Company’s stock\nprice; (3) that, as a result, CHOW securities were at unique risk of a\nsustained suspension in trading by NYSE American and severe volatility-induced\ndecline; (4) that the sole underwriter on the IPO, Tiger Securities, had been\nfined and censured by the Financial Industry Regulatory Authority\n(“FINRA”) in April 2025 for failing to have a reasonable system in place\nto identify potentially suspicious deposits of low-priced securities; and (5)\nas a result, Defendants’ positive statements about the Company’s business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis at all relevant times.\n\nIf you are a ChowChow shareholder who suffered a loss, click here\n(https://www.globenewswire.com/Tracker?data=t1CYlcfGQQl9B5x8XVdiC51dx_lmbR0lT2h6ERkBqamMMN52cYnN61O9SyC9vy5R6AffgBkJ82yv-fkW4dL246yrSyqAQqkthU6HHeGRuUClp1xqCVCwsS4JI9yxyE3cCG80h-bbH9mkaiuyfDsMYA==)\nto participate.\n\nGrocery Outlet Holding Corp. (NASDAQ: GO\n(https://www.globenewswire.com/Tracker?data=8WKl1IOr-H5hb8w1hcfxaV2HZEhH_NbDJyuW0nG36QaGvZyzIq8UXIxeUFldWr9pxGyhMK0NUv_Dqh5Pu-ttZg==))\nClass Period: August 5, 2025 – March 4, 2026\nLead Plaintiff Deadline: May 15, 2026\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors: (1) the Company had “expanded too quickly” into new stores; (2)\nthe Company’s purportedly strong financial and operational growth was being\nartificially supported by excessive rapid store expansion; (3) as a result,\nthe Company was unable to achieve the sustainable growth required to meet its\npreviously set guidance; (4) the Company’s Restructuring Plan would require\nfurther Optimization to achieve its operational goals, including significant\nstore closures and asset write-downs; and (5) that, as a result of the\nforegoing, Defendants’ positive statements about the Company’s business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nIf you are a Grocery Outlet shareholder who suffered a loss, click here\n(https://www.globenewswire.com/Tracker?data=t1CYlcfGQQl9B5x8XVdiC0Xpf3JMXCxKuU-9Jp3K7uXXQyFKvGcLh1DHK6QsLfyGw1bySXPo6n-pnDkbPfGJqY7w606hmoJ1q-zm8kXM-JTUacfMQ9gYm684317-H2aA)\nto participate.\n\nAlight, Inc. (“Alight” or the “Company”) (NYSE: ALIT\n(https://www.globenewswire.com/Tracker?data=qA5ljCM84LK5FPnH8FrrQbv9TL0HkyGurj2m0E8XpY8rvWGOBTIuvRolUYhyCZoB9XO8EqgkIz8xP43tnLa_5fLZe25CEFx84mzn7OodP_c=))\nClass Period: November 12, 2024 – February 18, 2026\nLead Plaintiff Deadline: May 12, 2026\n\nThe complaint filed in this class action alleges that throughout the Class\nPeriod, Defendants made materially false and/or misleading statements, as well\nas failed to disclose material adverse facts about the Company’s business,\noperations, and prospects. Specifically, Defendants failed to disclose to\ninvestors that: (1) Alight’s optimistic reports of growth, cost cutting\nmeasures, strong pipeline, and far-reaching visibility fell short of reality;\n(2) the Company’s sales team was not equipped execute in accordance with its\nmanagement’s expectations; and (3) as a result, Defendants’ positive\nstatements about the Company’s business, operations, and prospects were\nmaterially misleading and/or lacked a reasonable basis at all relevant times.\n\nIf you are an Alight shareholder who suffered a loss, click here\n(https://www.globenewswire.com/Tracker?data=t1CYlcfGQQl9B5x8XVdiC_-SfKm36FFL8jkwAKIJyf5V_vBrfOLdvk9sN_tdC1Oda_iKJCc49FrL3zXzftq1pte8aj6WY8m727nzjqnFDjc=)\nto participate.\n\nFollow us for updates on Twitter: twitter.com/FRC_LAW\n(https://www.globenewswire.com/Tracker?data=xZUFTS-vmap2DsZn-WsTSYI24NMo5Cfn4SATR7nrdK4ultG0cXe14qazySYGWShspqtB6CxMJcBYlg5lrKjp0eiZq3eZ_Te0OKFUhv2nWI8=).\n\nTo be a member of these class actions, you need not take any action at this\ntime; you may retain counsel of your choice or take no action and remain an\nabsent member of the class action. If you wish to learn more about these\nclass actions, or if you have any questions concerning this announcement or\nyour rights or interests with respect to these matters, please contact Frank\nR. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite\n1100, Los Angeles, California 90067 at 310-914-5007, by email to\ninfo@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com.   If\nyou inquire by email please include your mailing address, telephone number,\nand number of shares purchased.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\nContacts\n\nThe Law Offices of Frank R. Cruz, Los Angeles\nFrank R. Cruz, 310-914-5007\nfcruz@frankcruzlaw.com\nwww.frankcruzlaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/778ea178-25d1-48a3-9141-a162814899d4)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-11T16:24:00.140042035Z","server_sent_at_ms":1778516640140},"received_at":"2026-05-11T16:24:00.201Z","source_url":null},"analysis":{"id":"22284","press_release_id":"30092","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"legal_litigation","narrative":"The Law Offices of Frank R. Cruz issued a solicitation reminding investors of a class action against Alight regarding the period between Nov 12, 2024, and Feb 18, 2026.\n\nThe complaint alleges that Alight made false statements about growth and cost-cutting, claiming the sales team was unequipped to meet expectations.\n\nInvestors have until May 12, 2026, to seek lead plaintiff status; this is a law-firm advertisement, not a company disclosure.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"","namedEntities":{"people":[{"name":"Frank R. Cruz","role":"Attorney"}],"products":[],"companies":[{"name":"Alight, Inc.","ticker":"ALIT"},{"name":"The Law Offices of Frank R. 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Cruz issued a solicitation reminding investors of a class action against Alight regarding the period between Nov 12, 2024, and Feb 18, 2026.\n\nThe complaint alleges that Alight made false statements about growth and cost-cutting, claiming the sales team was unequipped to meet expectations.\n\nInvestors have until May 12, 2026, to seek lead plaintiff status; this is a law-firm advertisement, not a company disclosure.","key_figures":{},"named_entities":{"people":[{"name":"Frank R. Cruz","role":"Attorney"}],"products":[],"companies":[{"name":"Alight, Inc.","ticker":"ALIT"},{"name":"The Law Offices of Frank R. 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