Levi & Korsinsky announces the commencement of a class action lawsuit in the United States District Court for the District of New Jersey on behalf of shareholders of Platinum Pari-Mutuel Holdings Inc. (OTCMKTS : PPMH) who purchased shares between July 12, 2016 and February 15, 2017.
The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: 1) Platinum Pari-Mutuel’s press releases and financial information lacked veracity; (2) Platinum Pari-Mutuel’s disclosure controls and procedures were inadequate; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
If you suffered a loss in Platinum Pari-Mutuel Holdings Inc. you have until May 2, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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