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ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Butterfly Network, Inc. f/k/a Longview Acquisition Corp. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – BFLY

NEW YORK, Feb. 28, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Butterfly Network, Inc. f/k/a Longview Acquisition Corp. (NYSE: BFLY) (a) between February 16, 2021 and November 15, 2021, both dates inclusive (the "Class Period"), and/or (b) all holders of Butterfly common stock as of the record date for the special meeting of shareholders held on February 12, 2021 to consider approval of the merger between Longview and Butterfly (the "Merger") and entitled to vote on the Merger, of the important April 18, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Butterfly securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Butterfly class action, go to https://rosenlegal.com/submit–form/?case_id=3602 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 18, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Proxy was negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing its preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Proxy and defendants made false and/or misleading statements and/or failed to disclose that: (1) Butterfly had overstated its post–Merger business and financial prospects; (2) notwithstanding the ongoing COVID–19 pandemic, Butterfly's financial projections failed to take into account the pandemic's broad consequences, which included healthcare logistical challenges, and medical personnel fatigue; (3) accordingly, Butterfly's gross margin levels and revenue projections were less sustainable than the Company had represented; (4) all the foregoing was reasonably likely to have a material negative impact on Butterfly's business and financial condition; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Butterfly action, go to https://rosenlegal.com/submit–form/?case_id=3602 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8492966)

Legit Security Announces Free Risk Assessment to Help Organizations Secure Themselves From Escalating Software Supply Chain Attacks

PALO ALTO, Calif., Feb. 28, 2022 (GLOBE NEWSWIRE) — Legit Security, a cyber security company with an enterprise SaaS platform to secure an organization's software supply chain, today announced a free Rapid Risk Assessment to help organizations proactively mitigate the risk of crippling software supply chain cyberattacks in the wake of Russia's invasion of Ukraine. The free risk assessment can provide organizations with immediate insight into vulnerabilities across their software supply chain environment as well as guidance on where to optimally place security resources and tools to mitigate future attacks. Qualifying organizations can obtain the free assessment at Legit Security's website: info.legitsecurity.com/rapid–risk–assessment.

Software supply chain attacks infiltrate an organization's internal software development supply chain and introduce vulnerabilities and backdoors within the organization's software, which are then passed on to unsuspecting customers making them vulnerable with a powerful and dangerous multiplier effect. Since the devastating SolarWinds attack in 2020, software supply chain attacks have increased 3x to 6x per year based on analysis from multiple government, industry and security vendor sources. The specter of further escalation of these attacks is anticipated in the wake of Russia's recent military invasion, including warnings to U.S. companies from government agencies such as the Cyber Security & Infrastructure Agency to "adopt a heightened posture when it comes to cybersecurity and protecting their most critical assets" and for companies to put their "shields up".

"Software supply chain cyberattacks can be extremely disruptive, and we want to help organizations become more resilient against these attacks," said Roni Fuchs, CEO of Legit Security. "Unfortunately, there's not enough best practice information and security tooling available freely in the market to help against this relatively new attack vector. After seeing the increase in frequency and severity of cyber–attacks related to Russia's invasion of Ukraine, we decided to step up and offer a free risk assessment to do our part to help."

The no–cost Rapid Risk Assessment uses Legit Security's SaaS–based security platform to conduct automated discovery and analysis of an organization's software supply chain environment to identify vulnerabilities, misconfigurations and security incidents. This automated scan analyzes the software delivery pipelines for gaps and leaks, the security posture of systems and infrastructure deployed within those pipelines, and the people and their security hygiene as they operate within it. Risk assessments are implemented in minutes via an agentless connection and the assessment is non–invasive with no changes or impact to existing development tools and workflows. Typical assessments take between a few minutes to two hours to complete, depending upon the environment size. More information on the full range of use cases available in the Legit Security platform and a list of Frequently Asked Questions are available on the company's website.

"Improving cyber defenses and staying alert to cyberattacks is now part of the business landscape, whether you are concerned about state–sponsored attacks, common cybercriminals or poor security hygiene," said Liav Caspi, Chief Technology Officer, Legit Security. "You can't protect what you can't see and unfortunately most organizations today do not have a handle on their own software supply chain environment. Regardless of an organization's current security maturity, we can help boost their awareness of current gaps and help them mitigate those risks much faster and easier than without an assessment. If every organization is more resilient to attacks, the chance of wide–ranging business and societal disruption goes down significantly."

For more information, visit legitsecurity.com.

About Legit Security
Legit Security protects software supply chains from attack by automatically discovering and securing the pipelines, infrastructure, code and people so that businesses can stay safe while releasing software fast. Legit provides an easy to implement SaaS platform that supports both cloud and on–premises resources and combines automated discovery and analysis capabilities with hundreds of security policies developed by industry experts with real–world SDLC security experience. This integrated platform keeps your software factory secure and provides continuous assurance that your applications are released without vulnerabilities.

Media Contact
Tony Keller
OutVox
tkeller@outvox.com


GLOBENEWSWIRE (Distribution ID 8493569)