Class Action News


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Class Action News

Levi & Korsinsky Announces Cheetah Mobile Lawsuit; CMCM Class Action

Levi & Korsinsky

December 5, 2018

NEW YORK, December 5, 2018 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of Cheetah Mobile Inc. (“Cheetah Mobile”) (NYSE: CMCM) shareholders who purchased shares between April 26, 2017 and November 27, 2018. You are hereby notified that the Cheetah Mobile lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the CMCM class action go to: https://www.zlk.com/pslra-1/cheetah-mobile-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Cheetah Mobile lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Cheetah Mobile’s apps had undisclosed imbedded features which tracked when users downloaded new apps; (2) Cheetah Mobile used this data to inappropriately claim credit for having caused the downloads; (3) the foregoing features, when discovered, would foreseeably subject Cheetah Mobile’s apps to removal from the Google Play store; (4) accordingly, Cheetah Mobile’s revenues during the relevant period were in part the product of improper conduct and thus unsustainable; and (5) as a result, Cheetah Mobile’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Cheetah Mobile you have until January 29, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces Marriott Lawsuit; MAR Class Action

Levi & Korsinsky

NEW YORK, December 5, 2018 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of Marriott International, Inc. (“Marriott”) (NASDAQGS: MAR) shareholders who purchased shares between November 9, 2016 and November 29, 2018. You are hereby notified that the Marriott lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information about the MAR class action go to: https://www.zlk.com/pslra-1/marriott-international-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The MAR class action alleges that throughout the class period Defendants issued materially false and/ormisleading statements and/or failed to disclose that: (1) Marriott’s and Starwood’s systems storing their customers’ personal data were not secure; (2) there had been unauthorized access on Starwood’s network since 2014; (3) consequently, the personal data of approximately 500 million Starwood guests and the sensitive personal information of approximately 327 million of those guests may have been exposed to unauthorized parties; and (4) as a result, Marriott’s public statements were materially false and/or misleading at all relevant times.

If you suffered a loss in Marriott you have until January 30, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces Ternium Class Action; TX Lawsuit

Levi & Korsinsky

NEW YORK, December 5, 2018 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of Ternium S.A. (“Ternium”) (NYSE: TX) shareholders who purchased shares between May 1, 2014 and November 27, 2018. You are hereby notified that the TX lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information about the TX lawsuit go to: https://www.zlk.com/pslra-1/ternium-s-a-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Ternium class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Defendant Paolo Rocca, Ternium’s Chairman, knew that one of his company’s executives paid cash to government officials from 2009 to 2012 to expedite compensation payments for the sale of Ternium’s Sidor unit; (2) this conduct would lead Rocca to be charged in a graft scheme and subject Ternium, its affiliates, and/or its executives to heightened governmental scrutiny; and (3) as a result, Ternium’s public statements were materially false and/or misleading at all relevant times.

On November 27, 2018, Bloomberg reported that Rocca was indicted for his role in a graft scheme. According to the article, “The judge charged Rocca after the Argentine billionaire testified that one of his company’s executives paid an undisclosed amount of cash to government officials in monthly installments from 2009 to 2012. The officials were allegedly working for then-President Cristina Fernandez de Kirchner’s administration to speed up a compensation payment from Venezuela’s Hugo Chavez for the nationalization of Sidor, a unit that had been seized by Venezuela. Rocca’s group was compensated with $1.95 billion for the unit.”

If you suffered a loss in Ternium you have until January 28, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces the Boeing Class Action; BA Lawsuit

Levi & Korsinsky

November 30, 2018

NEW YORK, November 30, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of The Boeing Company (“Boeing”) (NYSE: BA) shareholders who purchased shares between February 8, 2017 and November 13, 2018. The Boeing class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information about the BA class action go to: https://www.zlk.com/pslra-1/the-boeing-company-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Boeing class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company’s new 737 MAX automated stall-prevention system was susceptible to deadly malfunctions; (ii) Boeing maintained inadequate internal controls to ensure the timely reporting and dissemination of such malfunctions; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On November 12, 2018, The Wall Street Journal published an article entitled “Boeing Withheld Information on 737 Model, According to Safety Experts and Others.”  Citing “safety experts involved in the investigation, as well as midlevel FAA [Federal Aviation Administration] officials,” the article reported that Boeing “withheld information about potential hazards associated with a new flight-control feature suspected of playing a role in last month’s fatal Lion Air jet crash.” Following the publication of the Wall Street Journal article, Boeing’s stock price plummeted from a close of $357.03 on November 12, 2018, to a recent low of $312.32 on November 23, 2018.

If you suffered a loss in Boeing you have until January 28, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


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Class Action News

Levi & Korsinsky Announces the GreenSky Securities Action; GSKY Lawsuit

Levi & Korsinsky

NEW YORK, November 30, 2018 – Levi & Korsinsky, LLP announces a securities action on behalf of GreenSky, Inc. (“GreenSky”) (NASDAQGS: GSKY) shareholders who purchased shares pursuant and/or traceable to the Registration Statement issued in connection with the November 2017 Initial Public Offering. You are hereby notified that a securities lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the GSKY lawsuit go to: https://www.zlk.com/pslra-1/greensky-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The GSKY securities action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: The complaint alleges that the Offering Documents failed to disclose material information and/or misstated material information, including the substantial change in the composition of GreenSky’s merchant business mix and the resulting diminution in transaction-fee revenue. The Initial Public Offering closed on May 29, 2018 with GreenSky having sold 43.7 million shares of Class A common stock at $23.00 per share. On November 6, 2018, GreenSky issued a press release indicating that the Company’s transaction-fee rate was approximately 35 basis points below the rate achieved in the third quarter of 2017. Following this news, shares of GreenSky closed at $9.28 per share on November 6, 2018.

If you suffered a loss in GreenSky you have until January 28, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces the PPDAI Lawsuit; PPDF Class Action

Levi & Korsinsky

NEW YORK, November 30, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of investors who purchased PPDAI Group Inc. (“PPDAI”) (NYSE: PPDF) American Depositary Shares pursuant and/or traceable to the Registration Statement issued in connection with PPDAI’s November 2017 Initial Public Offering. You are hereby notified that the PPDF class action has been commenced in the United States District Court for the Eastern District of New York. To get more information about the PPDAI class action go to: https://www.zlk.com/pslra-1/ppdai-group-inc-ppdf-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The PPDAI lawsuit alleges that the Registration Statement issued in connection with the IPO contained materially false and/or misleading statements and/or failed to disclose material information, including that: (1) PPDAI was engaged in predatory lending practices that saddled subprime borrowers and those with poor or limited credit histories with high interest rate debt they could not repay; (2) many of PPDAI’s customers were using PPDAI-provided loans to repay existing loans they otherwise could not afford to repay, thereby inflating PPDAI’s revenues and active borrower numbers and increasing the likelihood of defaults; (3) PPDAI was experiencing increasing delinquency rates, negatively affecting PPDAI’s reserves; (4) PPDAI’s purported “rapid growth” in the number and amount of loans had materially dropped off; and (5) PPDAI was providing online loans to college students despite a government ban on the practice.

If you suffered a loss in PPDAI you have until January 25, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Files Altice USA Class Action; ATUS Lawsuit

Levi & Korsinsky

November 27, 2018

NEW YORK, November 27, 2018 – Levi & Korsinsky, LLP announces it has commenced the class action lawsuit  Kupfner v. Altice USA, Inc. (1:18-cv-06601)  Altice USA, Inc. (NYSE: ATUS) pursuant and/or traceable to the Company’s initial public offering in June 2017. You are hereby notified that the class action has been commenced in the United States District Court for the Eastern District of New York. To get more information about the ATUS lawsuit go to: https://www.zlk.com/pslra-1/altice-usa-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The ATUS class action alleges that the Offering Documents issued pursuant to the IPO failed to disclose and/or misstated material information, including that: (1) “The Altice Way” proprietary growth model previously developed in Europe and described in the Offering Documents as a means to achieve superior margin performance was falsely touting Altice’s capacity to face already existing highly competitive environments and ever-changing consumer behaviors; (2) Altice was suffering from aggressively growing competition both in Europe and the United States, directly causing negative and decelerating revenue and EBITDA growth and impacting Altice’s market share; (3) specifically, Altice was suffering from mismanaged rate events, regulatory compliance and poorly managed network and customer care both in its France and Portugal segments, thereby impacting its customer base and churn rate; (4) Altice USA could not simply replicate the “The Altice Way” in the U.S.; and (5) as a result, Altice USA’s Offering Documents were materially misleading at all relevant times.

If you suffered a loss in Altice USA you have until January 18, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces MoneyGram Lawsuit; MGI Class Action

Levi & Korsinsky

NEW YORK, November 27, 2018 – Levi & Korsinsky, LLP announces the commencement of a class action on behalf of MoneyGram International, Inc. (“MoneyGram”) (NASDAQGS: MGI) shareholders who purchased shares between February 11, 2014 and November 8, 2018. You are hereby notified that the MGI class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information about the MoneyGram lawsuit, go to: https://www.zlk.com/pslra-1/moneygram-international-inc-loss-form-2 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The MGI lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) MoneyGram was aware for years of high levels of fraud involving its money transfer system; (2) MoneyGram failed to implement appropriate anti-fraud countermeasures, in part, because doing so would adversely impact its revenue; (3) this misconduct would draw scrutiny from the FTC, which had an agreed-upon order requiring MoneyGram to implement a comprehensive anti-fraud program; (4) this misconduct would draw scrutiny from the Department of Justice, which entered into a Deferred Prosecution Agreement concerning MoneyGram’s anti-fraud and anti-money laundering programs; and (5) as a result, defendants’ statements about MoneyGram’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you suffered a loss in MoneyGram you have until January 14, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Announces AQUA Lawsuit; AQUA Class Action

Levi & Korsinsky, LLP

November 13, 2018

NEW YORK, November 8, 2018 – The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Evoqua Water Technologies Corp. (“Evoqua”) (NYSE: AQUA) between November 6, 2017 and October 30, 2018. You are hereby notified that a AQUA class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to: https://www.zlk.com/pslra-1/evoqua-water-technologies-corp-loss-form?wire=3 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. For more information on the AQUA Lawsuit, please contact us today!

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Evoqua failed to successfully integrate its prior acquisitions; (2) Evoqua was experiencing supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project; and (3) as a result, Evoqua’s public statements were materially false and misleading at all relevant times.

 

If you suffered a loss in Evoqua you have until January 7, 2019 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Announces RYAAY Class Action; RYAAY Lawsuit

Levi & Korsinsky, LLP

NEW YORK, November 7, 2018 – The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired American Depositary Shares of Ryanair Holdings plc (“Ryanair”) (NASDAQ: RYAAY) between May 30, 2017 and September 28, 2018. You are hereby notified that a RYAAY class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to: https://www.zlk.com/pslra-1/ryanair-holdings-plc-loss-form?wire=3 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. For more information on the RYAAY Lawsuit, please contact us!

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) the Company had experienced a breakdown in relations with its employees amidst their growing dissatisfaction with working conditions, lack of benefits, exploitative contracts and management hostility; (b) the Company’s pilots and/or cabin crews had sought union recognition or collectivization in several key markets and employees had internally expressed widespread discontent with the Company’s collective bargaining units; (c) the Company was experiencing elevated and increasing employee turnover, which had resulted in the loss of hundreds of qualified and skilled employees to competitor airlines; (d) the Company’s newly negotiated contracts had not ameliorated employee discontent or “locked away” employee wage growth for three or four years, but rather, defendants were aware that pilot and cabin crew contracts had to be reformulated to significantly increase pay and benefits, comply with local labor laws and provide other worker concessions to enable Ryanair to hire and retain sufficient qualified employees to meet operational targets; (e) because of the aforementioned, the Company was unable to hire sufficient pilots to meet expected demand and was thereby exposed to increased risk of flight cancellations, loss of reputational assets and increased costs from flight disruptions; (f) because of the aforementioned, the Company’s historical operating model and profit growth were not sustainable; and (g) the Company could not meet internal earnings expectations.

 

If you suffered a loss in Ryanair you have until January 7, 2019 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Announces TRVN Lawsuit; TRVN Class Action

Levi & Korsinsky, LLP

NEW YORK, November 6, 2018 – The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Trevena, Inc. (“Trevena”) (NASDAQGS: TRVN) between May 2, 2016 and October 9, 2018. You are hereby notified that a TRVN class action lawsuit has been commenced in the United States District Court for the Eastern District of Pennsylvania. To get more information go to: https://www.zlk.com/pslra-1/trevena-inc-loss-form?wire=3 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. For more information on the TRVN Lawsuit, please contact us today!

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) during its meetings with the FDA prior to the start of the Class Period, Trevena had been advised that the FDA did not agree with certain aspects of the design of the Phase III clinical trial of Olinvo, including the proposed dosing, the proposed primary endpoint and the proposed non-inferiority margin for comparing morphine to Olinvo; (b) unless Trevena demonstrated that Olinvo was at least equally effective to morphine in treating post-operative pain in the Phase III clinical trial, the FDA would be unwilling to consider any secondary benefits Olinvo might confer in terms of reduced opioid-related adverse effects (“ORAEs”); (c) the FDA disagreed with how the safety data was being compiled in the Phase II clinical trial; (d) because the FDA did not agree with major tenants of the design of the Phase III clinical trial, it was highly unlikely that the FDA would find the data obtained from that clinical trial sufficient to support Trevena’s NDA; (e) because the Phase III clinical trial data being derived would not likely be deemed sufficient to support the NDA for Olinvo, the Company would not be able to market Olinvo as soon as it was leading the market to expect, if ever; and (f) as a result of the foregoing, the Company was not on track to achieve the commercial sales revenues from Olinvo as soon as Defendants had led the market to expect during the Class Period, if ever.

 

If you suffered a loss in Trevena you have until December 10, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Has Announced A COST Class Action; COST Lawsuit

Levi & Korsinsky, LLP

November 12, 2018

NEW YORK, November 5, 2018 – The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired common stock of Costco Wholesale Corporation (NASDAQGS: COST) between June 6, 2018, and October 25, 2018. You are hereby notified that Levi & Korsinsky has commenced the COST class action, Johnson v. Costco Wholesale Corporation (2:18-cv-01611), in the USDC for the Western District of Washington, Seattle Division. To get more information go tohttps://www.zlk.com/pslra-1/costco-wholesale-corporation-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. For more information on the COST Lawsuit, please contact us today!

The complaint alleges that Costco misrepresented and failed to disclose adverse facts pertaining to the Company’s business, operations, and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants failed to disclose that: (i) Costco lacked effective internal control over financial reporting; (ii) as a result of the foregoing, Defendants’ statements about Costco’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On October 4, 2018, Costco announces that “in its upcoming fiscal 2018 Annual Report on Form 10-K, it expects to report a material weakness in internal control. The weakness relates to general information technology controls in the areas of user access and program change-management over certain information technology systems that support the Company’s financial reporting processes. The access issues relate to the extent of privileges afforded users authorized to access company systems.” Following this news, shares of Costco fell from a close of $231.68 on October 4, 2018, to a close of $218.82 the following day.

If you suffered a loss in Costco you have until January 7, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Announces SYF Lawsuit; SYF Class Action

Levi & Korsinsky, LLP

NEW YORK, November 5, 2018 – The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Synchrony Financial (“Synchrony”) (NYSE: SYF) between October 21, 2016 and November 1, 2018. You are hereby notified that a SYF Class Action Lawsuit has been commenced in the United States District Court for the District of Connecticut. To get more information go to: https://www.zlk.com/pslra-1/synchrony-financial-loss-form?wire=3 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. For more information on the SYF Lawsuit, please contact us today!

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: The complaint alleges that during the Class Period, Synchrony falsely represented that its consistent and disciplined underwriting practices had led to a higher quality loan portfolio than those of its competitors. In truth, Synchrony relaxed its underwriting standards and increasingly offered private-label credit cards to riskier borrowers to sustain growth. The truth about Synchrony’s credit standards began to be revealed on April 28, 2017, when the Company announced disappointing first quarter 2017 earnings driven by poor loan performance. Following this disclosure, the Company represented that it had tightened credit standards, but falsely characterized those underwriting changes as modest. In fact, the Company had made significant modifications to its underwriting policies, but concealed that these modifications were damaging its relationships with its retail partners, including Walmart.

If you suffered a loss in Synchrony you have until January 2, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Class Action News

Levi & Korsinsky Announces Align Technology Class Action; ALGN Lawsuit

Levi & Korsinsky

November 8, 2018

NEW YORK, November 8, 2018 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of Align Technology, Inc. (“Align Technology”) (NASDAQGS: ALGN) shareholders who purchased shares between July 25, 2018 and October 24, 2018. You are hereby notified that the ALGN class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information about the Align Technology lawsuit go to: https://www.zlk.com/pslra-1/align-technology-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The ALGN lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company would offer higher discounts to promote Invisalign; (2) the promotions would materially impact revenue; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

On October 24, 2018, Align Technology issued a press release announcing its Q3 2018 financial results. Therein, the Company disclosed a more than 6% decrease in its Invisalign Average Selling Price (“ASP”). On the same day, the Company also announced that its Chief Marketing Officer would “reduce his responsibilities and transition to a part-time position.” On this news, Align Technology’s share price shares fell $58.76 to close at $232.07 on October 25, 2018, thereby injuring investors.

If you suffered a loss in Align Technology you have until January 4, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces India Globalization Class Action; IGC Lawsuit

Levi & Korsinsky

NEW YORK, November 8, 2018 – Levi & Korsinsky, LLP announces a class action has commenced in the USDC Eastern District of New York on behalf of India Globalization Capital Inc. (“India Globalization”) (NYSE American: IGC) who purchased shares between October 25, 2017 and October 29, 2018. To get more information about the IGC class action go to: https://www.zlk.com/pslra-1/india-globalization-capital-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The IGC lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) India Globalization’s business model was in a state of change in order to lure potential blockchain and cannabis investors; (2) India Globalization had overstated the benefits of its relationships with manufacturers, partners, and distributors in order to inflate the Company’s potential commercial success in the blockchain and cannabis markets; (3) as a result, the NYSE delisted India Globalization’s shares from their exchange; and (4) consequently, Defendants’ statements about India Globalization’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.  On October 29, 2018 India Globalization announced that NYSE Regulation would begin the process of delisting the Company and trading would halt immediately.

If you suffered a loss in India Globalization you have until January 2, 2019 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces Jianpu Technology Lawsuit; JT Class Action

Levi & Korsinsky

November 5, 2018

NEW YORK, November 5, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of holders of American Depositary Shares of Jianpu Technology Inc. (“Jianpu”) (NYSE: JT) who purchased shares pursuant and/or traceable to Jianpu’s initial public offering on or about November 16, 2017. You are hereby notified that the Jianpu lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the JT class action go to: https://www.zlk.com/pslra-1/jianpu-technology-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that the Company’s IPO offering materials contained inaccurate statements of material fact and/or omitted material information required to be disclosed in order to make such statements not misleading, including failure to disclose that the China Banking Regulatory Commission and three other Chinese regulators had issued rules in 2016 requiring peer-to-peer lending companies to appoint qualified banking institutions as custodians and disclose their use of deposits. On November 21, 2017, news outlets reported that China’s Financial Stability and Development Committee (“FSDC”) had issued an urgent notice to provincial governments urging them to suspend regulatory approval of new internet micro-loan companies. Following this news, Jianpu’s shares fell over 38% in three days and closed at $4.90 per share on November 24, 2017.

If you suffered a loss in Jianpu you have until December 24, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


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Class Action News

Levi & Korsinsky Announces Bank OZK Lawsuit; OZK Class ACtion

Levi & Korsinsky

November 2, 2018

NEW YORK, November 2, 2018 – Levi & Korsinsky, LLP announces the commencement of a class action on behalf of all persons or entities who purchased or otherwise acquired securities of Bank OZK (“Bank OZK”) (NASDAQGS: OZK) between February 19, 2016 and October 18, 2018. You are hereby notified that the OZK class action lawsuit has been commenced in the United States District Court for the Eastern District of Arkansas. To get more information about the Bank OZK lawsuit go to: https://www.zlk.com/pslra-1/bank-ozk-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The OZK lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate internal controls to assess credit risk; (2) as a result, certain of the Company’s loans posed an increased risk of loss; (3) certain substandard loans were reasonably likely to lead to charge-offs; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.   On October 18, 2018, the Company reported that it had “incurred combined charge-offs of $45.5 million on two Real Estate Specialties Group credits” that had previously been classified as substandard. On this news, the Company’s share price fell $9.33 per share to close at $25.52 per share on October 19, 2018.

If you suffered a loss in Bank OZK you have until December 26, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Commences Class Action on Behalf of Dycom Industries Shareholders; DY Lawsuit

Levi & Korsinsky

NEW YORK, November 2, 2018 – Levi & Korsinsky has commenced the class action Tung v. Dycom Industries, Inc. (Case No. 9:18-cv-81448-RLR) in the USDC for the Southern District of Florida on behalf of investors who purchased or otherwise acquired common stock of Dycom Industries, Inc. (NYSE: DY) between November 20, 2017 and August 10, 2018. . To get more information about the DY class action go tohttps://www.zlk.com/pslra-1/dycom-industries-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Dycom class action alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) Dycom’s large projects were highly dependent on permitting and tactical considerations, (ii) Dycom was facing great uncertainties related to permitting issues; (iii) said uncertainties would expose Dycom to near-term margin pressure and absorption issues, and (iv) as a result of the foregoing, Defendants’ statements about Dycom’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you suffered a loss in Dycom you have until December 24, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free:  (877) 363-5972

Fax: (212) 363-7171

www.zlk.com

 


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Class Action News

Levi & Korsinsky Announces Honeywell Lawsuit; HON Class Action

Levi & Korsinsky

NEW YORK, November 2, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of shareholders who purchased or otherwise acquired securities of Honeywell International Inc. (“Honeywell”) (NYSE: HON) between February 9, 2018 and October 19, 2018. You are hereby notified that the HON class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information go to: https://www.zlk.com/pslra-1/honeywell-international-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The HON class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Honeywell’s Bendix Friction Materials (“Bendix”) asbestos-related liability was greater than initially reported; (2) the Company maintained improper accounting practices in connection with its Bendix asbestos-related liability; and (3) as a result, Honeywell’s public statements were materially false and misleading at all relevant times.

Honeywell previously owned Bendix, which used asbestos in its brake- and clutch-pad products until 2001; the Company sold Bendix in 2014. On August 23, 2018, Honeywell announced it had “revised its method for reasonably estimating its liability for unasserted Bendix asbestos-related claims by considering the epidemiological projections through 2059 of future incidence of Bendix asbestos-related disease. Using this method, the Company’s Bendix asbestos-related liability is estimated to be $1,693 million as of June 30, 2018. This is $1,083 million higher than the Company’s prior estimation which applied a five-year horizon when estimating the liability for unasserted Bendix asbestos-related claims. The Bendix asbestos-related insurance assets are estimated to be $187 million as of June 30, 2018, which is $65 million higher than the Company’s prior estimate.”

If you suffered a loss in Honeywell you have until December 31, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces StitchFix Lawsuit; SFIX Class Action

Levi & Korsinsky

October 30, 2018

NEW YORK, October 30, 2018 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of all persons or entities who purchased or otherwise acquired securities of Stitch Fix, Inc. (“Stitch Fix”) (NASDAQ: SFIX) between June 8, 2018 and October 1, 2018. You are hereby notified that the SFIX securities class action has been commenced in the United States District Court for the Northern District of California. To get more information about the StitchFix class action go to: https://www.zlk.com/pslra-1/stitch-fix-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The SFIX lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Stitch Fix’s active client growth had slowed to a crawl; (2) Stitch Fix had completely shut down its television advertising campaign for 10 of the 13 weeks in fourth quarter 2018, dramatically decreasing the number of new active client additions; and (3) as a result, the Company’s current business metrics and financial prospects were not as strong as it had led the market to believe during the Class Period.

If you suffered a loss in Stitch Fix you have until December 10, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces Huazhu Lawsuit, HTHT Class Action

Levi & Korsinsky

NEW YORK, October 30, 2018 – Levi & Korsinsky announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of Huazhu Group Ltd (“Huazhu”) (NASDAQ: HTHT) between May 14, 2018 and August 28, 2018. You are hereby notified that the HTHT class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information about the Huazhu lawsuit go to: https://www.zlk.com/pslra-1/huazhu-group-limited-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Huazhu lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate security measures to protect customer information; (2) as a result of the foregoing, the Company would be susceptible to increased litigation risk and higher expenses; (3) as a result of the foregoing, the Company’s goodwill would potentially suffer, leading to lower revenues; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Huazhu you have until December 7, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces AbbVie Lawsuit; ABBV Class Action

Levi & Korsinsky

NEW YORK, October 30, 2018 – Levi & Korsinsky announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of AbbVie Inc. (“AbbVie”) (NYSE: ABBV) between October 25, 2013 and September 18, 2018. You are hereby notified that the ABBV class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information about the AbbVie class action go to: https://www.zlk.com/pslra-1/abbvie-inc-loss-form? or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) AbbVie’s strategy to increase the sales growth of its blockbuster drug, HUMIRA, was through illegal kickbacks and unlawful sales and marketing tactics; (2) such practices would lead to heightened scrutiny by State governments and agencies; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times.

If you suffered a loss in AbbVie you have until November 20, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


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Class Action News

Levi & Korsinsky Announces MGT Capital Class Action, MGTI Lawsuit

Levi & Korsinsky

October 23, 2018

NEW YORK, October 23, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of investors who purchased or otherwise acquired securities of MGT Capital Investments Inc. (“MGT Capital”) (OTCMKTS: MGTI) between October 9, 2015 and September 7, 2018. You are hereby notified that the MGT Capital class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information about the MGTI class action go to: https://www.zlk.com/pslra-1/mgt-capital-investments-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The MGTI lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants were engaged in a pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (2) this illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental scrutiny, including from the SEC; (3) certain of the defendants exercised control over MGT Capital and its management; (4) consequently, the illicit scheme would ultimately cause MGT Capital’s stock to become delisted from NYSE MKT; and (5) as a result, defendants’ statements about MGT Capital’s business and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you suffered a loss in MGT Capital you have until November 27, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


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Class Action News

Levi & Korsinsky Announces the Trevena Class Action, TRVN

Levi & Korsinsky

NEW YORK, October 23, 2018 – Levi & Korsinsky announces a class action on behalf of shareholders who purchased securities of Trevena, Inc. (“Trevena”) (NASDAQGS: TRVN) between May 2, 2016 and October 9, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of Pennsylvania. To get more information about the TRVN class action go to: https://www.zlk.com/pslra-1/trevena-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Trevena class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the U.S. Food and Drug Administration (“FDA”) had not agreed to key elements of the Company’s Phase 3 trial for oliceridine (TRV130); (ii) the FDA was unlikely to approve oliceridine (TRV130) based on the Company’s Phase 3 trial; and (iii) as a result, Trevena’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Trevena you have until December 10, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


FIT Class Action FIT Lawsuit

Class Action News

Levi & Korsinsky Announces the Adient Class Action, ADNT Lawsuit

Levi & Korsinsky

October 9, 2018

NEW YORK, October 9, 2018 – Levi & Korsinsky announces a class action commenced on behalf of shareholders who purchased securities of Adient plc (“Adient”) (NYSE: ADNT) between October 31, 2016 and June 11, 2018. The Adient class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the ADNT class action go to: https://www.zlk.com/pslra-1/adient-plc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The ADNT lawsuit alleges that throughout the Class Period, Defendants made materially false and/or misleading statements. In particular, the complaint alleges that defendants repeatedly stressed to investors that the Company was “solidly on track” to deliver 200-basis-point margin expansion by 2020, which was largely dependent on operational and financial improvements in Adient’s core SS&M business, while unbeknownst to investors, Adient’s core SS&M business faced significant operational problems such that the repeatedly touted 200-basis-point margin expansion was not “on track” at any point during the Class Period. Consequently, Adient stock traded at artificially inflated prices during the Class Period, reaching a high of $85.93 per share.

If you suffered a loss in Adient you have until December 3, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


DY Lawsuit DY Class Action

Class Action News

Levi & Korsinsky Announces Acadia Healthcare Class Action, ACHC Lawsuit

Levi & Korsinsky

NEW YORK, October 9, 2018 – Levi & Korsinsky announces a class action on behalf of shareholders who purchased securities of Acadia Healthcare Company, Inc. (“Acadia Healthcare”) (NASDAQGS: ACHC) between February 23, 2017 and October 24, 2017. The ACHC class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee. To get more information about the Acadia Healthcare class action go to: https://www.zlk.com/pslra-1/acadia-healthcare-company-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The ACHC lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the quality of Acadia’s U.K. operations did not give the Company a “competitive strength” that would drive future growth and profitability; and (2) defendants had no reasonable basis to believe–and did not in fact believe–their positive statements about the Company’s business and financial prospects during the Class Period, including their guidance issued and reaffirmed throughout the Class Period.

If you suffered a loss in Acadia Healthcare you have until December 3, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


DY Lawsuit DY Class Action

Class Action News

Levi & Korsinsky Announces Chegg, Inc. Class Action, CHGG Lawsuit

Levi & Korsinsky

NEW YORK, October 9, 2018 – Levi & Korsinsky announces a class action on behalf of shareholders of Chegg, Inc. (“Chegg”) (NYSE: CHGG) who purchased shares between July 30, 2018 and September 25, 2018. You are hereby notified that the Chegg class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information about the CHGG class action go to: https://www.zlk.com/pslra-1/chegg-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The CHGG lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate security measures to protect users’ data; (2)  the Company lacked the internal controls and procedures to detect unauthorized access to its systems and to its data; (3)  as a result, the Company would incur additional expenses and litigation risks; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

 

If you suffered a loss in Chegg you have until November 26, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


DY Lawsuit DY Class Action

Class Action News

Levi & Korsinsky Announces Campbell Soup Class Action, CPB Lawsuit

Levi & Korsinsky

NEW YORK, October 9, 2018 – Levi & Korsinsky announces a class action on behalf of shareholders who purchased securities of Campbell Soup Company (“Campbell”) (NYSE: CPB) between August 31, 2017 and May 17, 2018. The CPB securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information about the Campbell Soup lawsuit go to: https://www.zlk.com/pslra-1/campbell-soup-company-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The CPB lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the defendants failed to disclose known trends that were negatively impacting the profitability of the Campbell Fresh division; and (2) as a result of the foregoing, the defendants’ positive statements about Campbell’s and the Campbell Fresh division’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Campbell you have until November 27, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


ATUS Lawsuit Altice Class Action

Class Action News

Levi & Korsinsky Announces the HAS Lawsuit; Hasbro Class Action

Levi & Korsinsky

October 8, 2018

NEW YORK, October 8, 2018 – Levi & Korsinsky announces a class action on behalf of Hasbro, Inc. (“Hasbro”) (NASDAQGS: HAS) shareholders who purchased shares between April 24, 2017 and October 23, 2017. You are hereby notified that the HAS class action lawsuit has been commenced in the United States District Court for the District of Rhode Island. To get more information about the Hasbro class action go to: https://www.zlk.com/pslra-1/hasbro-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The HAS complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Hasbro’s relationship with Toys “R” Us was becoming increasingly important to Hasbro’s business, as Toys “R” Us was the primary retail brick-and-mortar toy store in the United States; (2) Toys “R” Us was in far worse financial condition than was being publicly reported and it would have to dramatically scale back its operations or file for bankruptcy and liquidate; and (3) Hasbro was experiencing significant adverse sales issues in the key markets of the United Kingdom and Brazil which were negatively impacting the Company’s efforts to grow sales in those markets.

If you suffered a loss in Hasbro you have until November 27, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


DY Lawsuit DY Class Action

Class Action News

MGTI Lawsuit; Levi & Korsinsky Announces MGT Capital Class Action

Levi & Korsinsky

Levi & Korsinsky announces a class action on behalf of MGT Capital Investments Inc. (“MGT Capital”) (OTCMKTS: MGTI) shareholders who purchased shares between October 9, 2015 and September 7, 2018. You are hereby notified that the MGTI securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information about the MGT class action go to: https://www.zlk.com/pslra-1/mgt-capital-investments-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants were engaged in a pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (2) this illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental scrutiny, including from the SEC; (3) certain of the defendants exercised control over MGT Capital and its management; (4) consequently, the illicit scheme would ultimately cause MGT Capital’s stock to become delisted from NYSE MKT; and (5) as a result, defendants’ statements about MGT Capital’s business and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you suffered a loss in MGT Capital you have until November 27, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


FIT Class Action FIT Lawsuit

Class Action News

Levi & Korsinsky Announces the AbbVie Inc. Class Action; ABBV Lawsuit

Levi & Korsinsky

September 27, 2018

Levi & Korsinsky announces a class action on behalf of AbbVie Inc. (“AbbVie”) (NYSE: ABBV) shareholders who purchased shares between October 25, 2013 and September 18, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information about the ABBV lawsuit go to: https://www.zlk.com/pslra-1/abbvie-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The ABBV complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) AbbVie’s strategy to increase the sales growth of its blockbuster drug, HUMIRA, was through illegal kickbacks and unlawful sales and marketing tactics; (2) such practices would lead to heightened scrutiny by State governments and agencies; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times.

If you suffered a loss in AbbVie you have until November 20, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

 


nlsn class action, Nielsen class action

Class Action News

Levi & Korsinsky Announces Expanded Class Period in Nielsen Holdings Class Action; NLSN Lawsuit

Levi & Korsinsky

Levi & Korsinsky announces the expansion of the class period in a class action on behalf of Nielsen Holdings plc (NYSE: NLSN). The class period now extends to shareholders who purchased shares between February 11, 2016 and July 25, 2018You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information go to: http://www.zlk.com/pslra-d/nielsen-holdings or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Nielsen complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Nielsen’s sales were experiencing a permanent decline due to major budget cuts instituted by the Company’s CPG customers; (2) the Company’s CPG clients were reducing and cancelling Nielsen custom project work in favor of real-time analytical solutions; and (3) as a result, the Company’s positive statements about its business, operations, and financial conditions lacked a reasonable basis.

If you suffered a loss in Nielsen Holdings plc you have until October 9, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


FANH Class Action, FANH Lawsuit, Fanhua Class Action, Fanhua Lawsuit

Class Action News

MCHP Lawsuit; Levi & Korsinsky Announces MCHP Class Action

Levi & Korsinsky, LLP

To: All persons or entities who purchased or otherwise acquired securities of Microchip Technology Inc. (“Microchip”) (NASDAQGS: MCHP) between March 2, 2018 and August 9, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Arizona. For more information on the MCHP Class Action (MCHP Lawsuit), please contact us today!

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Microsemi’s financial performance was underperforming Microchip’s expectations; and (2) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, including positive statements about Microsemi, were materially misleading and/or lacked a reasonable basis.

If you suffered a loss in Microchip you have until November 16, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


USAT class action, USA Technologies lawsuit

Class Action News

USA Technologies Class Action; Levi & Korsinsky Announces USAT Lawsuit

Levi & Korsinsky

September 26, 2018

Levi & Korsinsky announces a class action filed on behalf of shareholders who purchased or otherwise acquired securities of USA Technologies, Inc. (“USA Technologies”) (NASDAQGM: USAT) between November 9, 2017 and September 10, 2018. You are hereby notified that the USAT class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information go to: https://www.zlk.com/pslra-1/usa-technologies-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The USAT complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) USA Technologies’ treatment of contractual arrangements in its financial statements would result in an internal investigation and delay the filing of its annual report for fiscal year 2018; (2) consequently, USA Technologies’ internal controls over financial reporting were weak and deficient; (3) as a result, defendants’ statements about USA Technologies’ business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you suffered a loss in USA Technologies you have until November 13, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


PM class action, Philip Morris class action

Class Action News

Philip Morris Class Action; Levi & Korsinsky Announces PM Lawsuit

Levi & Korsinsky

To: All persons or entities who purchased or otherwise acquired securities of Philip Morris International, Inc.  (“Philip Morris”) (NYSE: PM) between February 8, 2018 and April 18, 2018. You are hereby notified that the Philip Morris class action has been commenced in the United States District Court for the Southern District of New York. To get more information go to: https://www.zlk.com/pslra-1/philip-morris-international-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The PM class action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Philip Morris was experiencing a faster decline in overall cigarette and e-cigarette (or “heated tobacco”) sales volumes during the first quarter of 2018 than investors had been led to believe; (2) Philip Morris’ much-lauded sales initiatives had stalled; (3) Philip Morris was experiencing adverse sales headwinds in key markets; and (4) as a result of the foregoing, defendants’ statements about Philip Morris’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Philip Morris you have until November 5, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com


Sketchers Class Action: Levi & Korsinsky Announces SKX Lawsuit

Class Action News

Sketchers Class Action: Levi & Korsinsky Announces SKX Lawsuit

Levi & Korsinsky, LLP

Levi & Korsinsky, LLP announces that a Sketchers class action lawsuit has commenced on behalf of shareholders of Skechers U.S.A., Inc. (NYSE: SKX).  The SKX lawsuit alleges that Skechers U.S.A., Inc. violated federal securities laws by issuing materially false and/or misleading information and/or failing to disclose material information.

If you suffered a loss in Skechers U.S.A., Inc. you have until November 5, 2018 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.

Please contact us today for more information about the case, or to submit your losses.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


Engility Merger EGL Merger

Class Action News

Opko Class Action; Levi & Korsinsky Announces OPK Lawsuit

Levi & Korsinsky, LLP

To: All persons or entities who purchased or otherwise acquired securities of OPKO Health Inc. (“Opko”) (NASDAQ: OPK) between September 26, 2013 and September 7, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. For more information on the OPK Lawsuit, please contact us today! The Opko Class Action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) OPKO and its Chairman and Chief Executive Officer, Phillip Frost, were engaged in a pump-and-dump scheme with several other individuals and companies in their investments in several penny stocks; (2) this illicit scheme would result in governmental scrutiny including from the SEC; and (3) as a result, defendants’ statements about OPKO’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you suffered a loss in Opko you have until November 13, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Engility Merger EGL Merger

Class Action News

QRTEA Lawsuit: Levi & Korsinsky Announces Qurate Class Action

Levi & Korsinsky, LLP

To: All persons or entities who purchased or otherwise acquired securities of Qurate Retail Group, Inc. (“Qurate”) (NASDAQGS: QRTEA) between August 5, 2015 and September 7, 2016. You are hereby notified that a Qurate class action lawsuit has been commenced in the United States District Court for the District of Colorado. Click here to get more information on the QRTEA Lawsuit, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Qurate was aggressively loosening the credit standards of its Easy-Pay program to attract a large group of new customers; (2) Qurate’s strong sales growth was due to this loose credit policy; (3) accounts receivable associated with this new group of customers posed a high risk of write-off; and (4) consequently, Qurate’s positive statements about its business, operations, and prospects lacked a reasonable basis.

 

If you suffered a loss in Qurate you have until November 5, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Engility Merger EGL Merger

Class Action News

Levi & Korsinsky Named Top Firm For Cryptocurrency Related Cases

Levi & Korsinsky, LLP

September 18, 2018

On September 11, 2018, legal analytics firm Lex Machina released its 2018 Securities Litigation Report presenting findings from analyses of its database including over 15,000 federal securities cases.  The report concluded that 45 federal securities lawsuits involving cryptocurrencies, blockchain technologies and/or Initial Coin Offerings (“ICO”) were filed in the first six months of 2018—triple the number of such cases filed in 2017.  In discussing these findings with The National Law Journal, Laura Hopkins—a legal data expert with Lex Machina—noted that the U.S. Securities and Exchange Commission (“SEC”) was the second most active filer of cryptocurrency related cases, “topped only by the law firm Levi & Korsinsky,” representing investors in more than 30% of these cases.

 

Levi & Korsinsky is at the forefront of cryptocurrency-related litigation.  For instance, the firm has been litigating on behalf of investors in Centra Tech, Inc.’s ICO (“Centra ICO”) since December 13, 2017, Rensel v. Centra Tech, Inc., 17-cv-24500-JLK (S.D. Fla. filed Dec. 13, 2017) (the “Centra Action”).  Notably, the Centra Action was initiated nearly four months prior to the Government’s filing of civil and criminal actions predicated on substantively identical factual allegations and similar legal theories.

 

The firm’s efficient representation of cryptocurrency investors has yielded substantial benefits for such investors.  For example, within just six (6) days of the firm initiating an action on behalf of investors in Paragon Coin, Inc.’s ICO (the “Paragon ICO”), Holland, et al, v. Paragon Coin, Inc., et al, 4:18-cv-00671-JSW (N.D. Cal. filed Jan. 30, 2018), the firm negotiated and secured an on-the-record agreement with defendants pursuant to which defendants agreed to, inter alia, limit their use of cryptocurrencies raised in the Paragon ICO to specific enumerated uses; limit access to these funds to two individual defendants, and ensure any such funds converted to fiat currency would remain under Paragon’s control at a U.S. financial institution.

 

Similarly, the firm’s vigorous litigation of plaintiff’s renewed motion for a temporary restraining order in the Centra Action resulted in Magistrate Andrea M. Simonton’s June 25, 2018 Report and Recommendation (the “Centra R&R”), which has prevented the dissipation of millions of dollars’ worth of Ethereum invested in the Centra ICO.

 

Levi & Korsinsky is leading the charge in this new area and, as a result, the firm has been appointed Lead Counsel or Co-Lead Counsel to serve on behalf of investors in cryptocurrency-related class actions by six different United States District Court Judges.  Moreover, the firm’s prosecution of these cases is assisting courts in defining legal standards in an emerging field of securities litigation.  For instance, Law360’s Expert Analysis of the Centra R&R, “The 1st Judicial Finding That Judicial Tokens are Securities,” published on July 31, 2018, concluded that the Centra Action is one of two cryptocurrency-related securities cases that are “helping to shape a body of law that courts will look to when faced with deciding” whether “tokens sold in the absence of fraud are securities.”

 

The National Law Journal’s article regarding the Lex Machina 2018 Securities Litigation Report is available at the following link: “There’s Been a Rise in Securities Lawsuits Over Cryptocurrencies, and SEC Cases Are Behind It.”

 

Law360’s Expert Analysis of the Centra R&R is available at the following link: “The 1st Judicial Finding That Judicial Tokens are Securities,”

 


Engility Merger EGL Merger

Class Action News

Levi & Korsinsky Named Top Law Firm for Shareholders

Levi & Korsinsky, LLP

September 17, 2018

On September 11, 2018, legal analytics firm Lex Machina released its 2018 Securities Litigation Report presenting findings uncovered by analyses of over its database including over 15,000 securities cases.  Based on these analyses, the report ranked Levi & Korsinsky as the busiest and leading law firm in federal securities cases filed between January 2017 and June 30, 2018, naming them the top Law Firm for Shareholders. More specifically, the report found that during that eighteen-month period, the firm filed an impressive 266 federal securities lawsuits—30% more than the next highest ranked firm.

In reference to Levi & Korsinsky and its newfound leading role in federal securities litigation, Owen Byrd, Lex Machina’s general stated to the New York Law Journal that the firm is “aggressively expanding their practice in plaintiffs-side securities work.”

In a Law360 article published detailing Lex Machina’s findings, it was noted that Levi & Korsinsky is also the “top law firm for shareholders.” Founding Partner, Eduard Korsinsky, told Law360 that the firm’s success stems from its resolute focus on protecting the investing public through securities litigation and unparalleled work ethic: “This is all we do, and we all work hard each and every day to do it better than everyone else.”

Full versions of the Law360 article and New York Law Journal article are available at https://www.law360.com/articles/1080858 and https://www.law.com/newyorklawjournal/2018/09/12/theres-been-a-rise-in-securities-lawsuits-over-cryptocurrencies-and-sec-cases-are-behind-it-389-43337/?LikelyCookieIssue=true, respectively.

For more information about this accomplishment, or to speak with an attorney regarding your securities litigation issues, please contact us today!


Engility Merger EGL Merger

Class Action News

Levi & Korsinsky Announces CBS Corporation Lawsuit, CBS Lawsuit

Levi & Korsinsky

September 14, 2018

NEW YORK, September 14, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of CBS Corporation (NYSE: CBS) shareholders who purchased shares between February 14, 2014 and July 27, 2018. The CBS class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the CBS class action go to: http://www.zlk.com/pslra-1/cbs-corporation-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The CBS lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) CBS executives, including the company’s Chairman and Chief Executive Officer, Leslie “Les” Moonves, had engaged in widespread workplace sexual harassment at CBS; (2) CBS’s enforcement of its own purported policies was inadequate to prevent the foregoing conduct; (3) the foregoing conduct, when revealed, would foreseeably subject CBS to heightened legal liability and impede the ability of key CBS personnel to execute the company’s business strategy; and (4) as a result, CBS’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.

If you suffered a loss in CBS you have until October 26, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


lci class action, lannett class action

Class Action News

Levi & Korsinsky Announces LCI Lawsuit, Lannett Company Class Action

Levi & Korsinsky

September 13, 2018

NEW YORK, September 13, 2018 – Levi & Korsinsky announces a class action commenced on behalf of Lannett Company, Inc. (“Lannett”) (NYSE: LCI) shareholders who purchased shares between February 7, 2018 and August 17, 2018. The Lannet Company class action lawsuit has been commenced in the United States District Court for the Eastern District of Pennsylvania. To get more information about the LCI lawsuit, go to: http://www.zlk.com/pslra-1/lannett-company-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Lannett faced a substantial risk of the loss of its exclusivity agreement with Jerome Stevens Pharmaceuticals; (2) accordingly, Lannett’s reported revenues were unsustainable; and (3) as a result, Lannett’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Lannett you have until October 26, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


nvro lawsuit, Nevro class action

Class Action News

Levi & Korsinsky Announces NVRO Lawsuit, Nevro Class Action Commenced

Levi & Korsinsky

September 7, 2018

NEW YORK, September 7, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of shareholders of Nevro Corp. (NYSE: NVRO) who purchased shares between January 8, 2018 and July 12, 2018. You are hereby notified that the Nevro lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information about the NVRO class action go to: http://www.zlk.com/pslra-1/nevro-corp-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Nevro complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Nevro had engaged in a fraudulent scheme by using protected confidential and proprietary trade secrets and stolen documents from its competitors to develop and enhance the Company’s Senza I and Senza II systems; (2) as a result, Nevro’s Senza I and Senza II systems were not “novel” or “proprietary;” (3) these practices caused Nevro to be vulnerable to increased litigation expenses and adverse legal and regulatory action; (4) as a result, Nevro’s U.S. sales growth was not sustainable; and (5) consequently, defendants’ statements about Nevro’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Nevro you have until October 22, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


ampio lawsuit, ampe lawsuit

Class Action News

Levi & Korsinsky Announces AMPE Lawsuit, Ampio Class Action Commenced

Levi & Korsinsky

NEW YORK, September 7, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of shareholders of Ampio Pharmaceuticals, Inc. (NYSE American: AMPE) who purchased shares between December 14, 2017 and August 7, 2018. The Ampio lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the FDA would find Ampio’s AP-003-C Phase 3 clinical trial inadequate and not well-controlled; (2) as a result, Ampio had not successfully completed two pivotal clinical trials for Ampio; (3) consequently, Defendants’ public statements were materially false and misleading at all relevant times. To get more information about the AMPE lawsuit go to: http://www.zlk.com/pslra-1/ampio-pharmaceuticals-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

If you suffered a loss in Ampio you have until October 24, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


LogMeIn class action, LOGM class action

Class Action News

Levi & Korsinsky Announces LogMeIn Class Action, LOGM Lawsuit

Levi & Korsinsky

September 6, 2018

NEW YORK, September 6, 2018 – by Levi & Korsinsky, LLP announces a class action on behalf of shareholders who purchased securities of LogMeIn, Inc. (“LogMeIn, Inc.”) (NASDAQ: LOGM) between March 1, 2017 and July 26, 2018. To get more information go to: http://www.zlk.com/pslra-d/logmein or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The LogMeIn complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) LogMeIn’s business practices had negatively impacted renewal rates for certain of its services; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Following this news, shares of LogMeIn fell $26.60 to close at $77.85 per share on July 27, 2018.

If you suffered a loss in LogMeIn, Inc. you have until October 19, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 


pinduoduo lawsuit, pdd class action

Class Action News

Levi & Korsinsky Announces Pinduoduo Class Action, PDD Lawsuit

Levi & Korsinsky

NEW YORK, September 6, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of shareholders who purchased shares of Pinduoduo Inc. (“Pinduoduo”) (NASDAQ: PDD) between July 26, 2018 and July 31, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to: http://www.zlk.com/pslra-1/pinduoduo-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Pinduoduo complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Pinduoduo’s controls were ineffective to prevent third-party vendors from selling counterfeit goods on the Company’s online platform; (ii) consequently, Pinduoduo’s revenues and the number of active merchants using its platform were traceable in part to unlawful conduct and thus unsustainable; and (iii) as a result, Pinduoduo’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Pinduoduo you have until October 22, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


atlantia investigation, atasy investigation

Class Action News

Levi & Korsinsky Announces Atlantia Investigation; ATASY Investigation Commences

Levi & Korsinsky

September 5, 2018

Levi & Korsinsky announces it has commenced an investigation of Atlantia S.p.A. (“Atlantia” or “the Company”) (OTCMKTS: ATASY) concerning possible violations of federal securities laws. On August 14, 2018, a motorway bridge operated by Atlantia’s subsidiary Autostrade per L’Italia (“Autostrade”) collapsed, killing 43 people. On August 16, 2018, media outlets reported that the Italian government had opened an investigation into Autostrade. Italy’s Deputy Transport Minister stated that the government was considering revoking Autostrade’s operating concession and imposing a fine of upwards of €150 million on Autostrade. On this news, Atlantia’s American depositary receipt price fell 13.7%, to close at $10.45 on August 16, 2018. For more information


fpi class action expansion, farmland partners class action

Class Action News

FPI Class Action Expands Class Period, Class Action Continues

Levi & Korsinsky

NEW YORK, September 5, 2018 – Levi & Korsinsky, LLP announces the expansion of the class period concerning shareholders of Farmland Partners Inc. (“Farmland Partners Inc.”) (NYSE: FPI). The Farmland class action has been expanded to include FPI shareholders who purchased shares between March 16, 2016 and July 10, 2018.

To get more information go to: http://www.zlk.com/pslra-d/farmland-partners-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The FPI complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Farmland artificially increased revenues by making loans to related-party tenants who round-tripped the cash back to Farmland as rent; (2) as a result, Farmland’s earnings during fiscal year 2017 were materially overstated; (3) the true extent and effect of Farmland’s non-arm’s length transactions; and (4) as a result, Defendants’ statements about the Company’s business, operations and prospects were materially false and misleading and/or lacked reasonable bases at all relevant times.

If you suffered a loss in Farmland Partners Inc. you have until September 10, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


tsla lawsuit tesla lawsuit

Class Action News

Levi & Korsinsky Announces TSLA Lawsuit, Tesla Class Action Commenced

Levi & Korsinsky

NEW YORK, September 5, 2018 – Levi & Korsinsky, LLP announces a class action commenced on behalf of Tesla, Inc. (“Tesla, Inc.”) (NASDAQ: TSLA) shareholders who purchased shares between August 7, 2018 and August 17, 2018. You are hereby notified that the TSLA class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information go to: http://www.zlk.com/pslra-1/tesla-inc-loss-submission-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Tesla complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) that the Defendants had not secured funding for the Going-Private Transaction; (2) that Musk’s statements that the Going-Private Transaction only required shareholder approval were false since the Going-Private Transaction required approval by the Company’s Board of Directors and even the Board was unaware of the funding referred to by Musk; (3) that the status and likelihood of the Going-Private Transaction was misrepresented to the market because financing for it had not been secured and Board approval was required, and (4) as a result of the foregoing, Defendants’ statements about Tesla’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Tesla, Inc. you have until October 9, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


intrexon investigation, xon investigation

Class Action News

Levi & Korsinsky Announces an Investigation of Intrexon Corporation (XON)

Levi & Korsinsky

August 15, 2018

Levi & Korsinsky is investigating Intrexon Corporation (“Intrexon” or “the Company”) (NYSE: XON) concerning possible violations of federal securities laws. On August 9, 2018, Intrexon filed an 8-K announcing that it would restate the unaudited interim consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2018. The restatement is the result of incorrect application of certain aspects of  Accounting Standards Codification Topic 606, Revenue from Contracts with Customers. According to the Company, “these errors have resulted in an overstatement of deferred revenue and accumulated deficit by approximately $67 million as of the adoption date…” Then on August 13, 2018, Intrexon filed an amended and restated 10-Q for the quarter ended March 31, 2018. To obtain additional information about the Intrexon investigation, go tohttp://www.zlk.com/pslra-d/intrexon-corporation-2 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


hologic investigation, HOLX investigation

Class Action News

Levi & Korsinsky Announces Hologic Investigation

Levi & Korsinsky

August 14, 2018

Levi & Korsinsky announces an investigation of Hologic, Inc. (“Hologic” or “the Company”) (NASDAQGS: HOLX) concerning possible violations of federal securities laws. Hologic is the parent company of Cynosure, Inc. On July 30, 2018, the U.S. Food and Drug Administration issued a statement warning against the use of “energy-based devices” to perform vaginal “rejuvenation” and/or cosmetic vaginal procedures and stated it was aware of certain manufacturers inappropriately marketing energy-based devices. The FDA further disclosed it had sent a letter to Cynosure notifying the Company that marketing for its MonaLisa Touch may violate the Federal Food, Drug, and Cosmetic Act. Then on August 13, 2018, Hologic filed an 8-K stating that “Although the FDA did not mention Vitalia in its recent comments or the [MonaLisa Touch] MLT Letter, Cynosure has carefully considered the FDA’s broader concerns and elected to suspend marketing and distribution of Vitalia handpieces and single-use probes until it has confirmed they meet all regulatory requirements for devices in this category. Cynosure is also asking customers to return any Vitalia handpieces and unused probes they have purchased.” Following this news, shares of Hologic fell from a close of $40.66 per share on August 10, 2018, to a close of $39.02 on August 13, 2018.

To obtain additional information about the Hologic investigation, go tohttp://www.zlk.com/pslra-d/hologic-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

 


zn lawsuit, Zion Oil & Gas

Class Action News

Levi & Korsinsky Announces Zion Oil Class Action, ZN Lawsuit

Levi & Korsinsky

August 10, 2018

NEW YORK, August 10, 2018 – Levi & Korsinsky announces a class action on behalf of persons or entities who purchased or otherwise acquired securities of Zion Oil & Gas, Inc. (“Zion”) (NASDAQ: ZION) between March 12, 2018 and July 10, 2018. You are hereby notified that the ZN class action has been commenced in the United States District Court for the Northern District of Texas. To get more information about the Zion Oil lawsuit go to: http://www.zlk.com/pslra-d/zion-oil-gas-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Zion Oil class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Zion was either already or was likely to soon become the subject of an U.S. Securities and Exchange Commission investigation; and (2) as a result, Zion’s public statements were materially false and misleading at all relevant times. On March 27, 2018, Zion issued a statement on Twitter, denying an allegation on the social media platform that there was an SEC investigation of the Company underway. On May 30, 2018, the Company tweeted “There is no SEC investigation into Zion Oil & Gas, Inc.” Then on July 11, 2018, Zion announced it had received a subpoena from the SEC to produce documents as part of a fact-finding inquiry. Following this news, shares of Zion fell 11% to close at $3.56 per share on July 12, 2018.

If you suffered a loss in Zion you have until October 9, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


nlsn lawsuit, nielsen

Class Action News

Levi & Korsinsky Announces NLSN Lawsuit, Nielsen Class Action Commenced

Levi & Korsinsky

NEW YORK, August 10, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of shareholders of Nielsen Holdings plc (“Nielsen”) (NYSE: NLSN) who purchased shares between February 8, 2018 and July 25, 2018. You are hereby notified that the NLSN class action has been commenced in the United States District Court for the Southern District of New York. To get more information about the Nielsen class action go to: http://www.zlk.com/pslra-d/nielsen-holdings or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Nielsen disregarded its readiness for and the true risks of privacy related regulations and policies including the European General Data Protection Regulation (“GDPR”) on its current and future financial and growth prospects; (2) Nielsen’s financial performance was far more dependent on Facebook and other third-party large data set providers than previously disclosed and privacy policy changes affected the scope and terms of access Nielsen would have to third-party data; and (3) access to Facebook and other third-party provider data was becoming increasingly restricted for Nielsen and Nielsen clients.

If you suffered a loss in Nielsen you have until October 9, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


AMPE investigation, Ampio

Class Action News

AMPE Investigation Commences – Levi & Korsinsky Investigating Ampio Pharmaceuticals

Levi & Korsinsky

NEW YORK, August 10, 2018 – Levi & Korsinsky is investigating Ampio Pharmaceuticals, Inc. (“Ampio” or “the Company”) (NYSE American: AMPE) concerning possible violations of federal securities laws. On August 7, 2018, Ampio filed a Form 8-K with the U.S. Securities and Exchange Commission providing an update on the U.S. Food and Drug Administration’s review of the AP-003-A and AP-003-C trials. Ampio disclosed that it had met with the FDA in July and received a response letter, notifying the Company that the AP-003-A study alone “does not appear to provide sufficient evidence of effectiveness to support” its Biologics License Application. Following this news, shares of Ampio were down  more than 78% on intraday trading on August 8, 2018. To obtain additional information about the AMPE investigation, go to:http://www.zlk.com/pslra-d/ampio-pharmaceuticals-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 


atus class action, Altice

Class Action News

Levi & Korsinsky Announces ATUS Class Action

Levi & Korsinsky

NEW YORK, August 10, 2018 –  Levi & Korsinsky, LLP announces a securities action on behalf of all persons or entities who purchased or otherwise acquired Altice USA, Inc. (“Altice”) (NYSE: ATUS) pursuant or traceable to the Company’s Initial Public Offering on or around June  22, 2017. The ATUS class action alleges that the Registration Statement filed for the Company’s Initial Public Offering contained materially false and misleading information and/or failed to disclose material information. In particular, the complaint alleges that the Company’s offering materials repeatedly touted the “competitive strengths” of Altice’s relationship with Altice N.V. when, in fact, Altice N.V. was suffering severe customer attrition in its France and Portugal markets as a result of mismanaged price increases and low-quality customer support.


Levi & Korsinsky Investigates Beneficial Bancorp Merger; BNCL Merger with WSFS

Class Action News

Levi & Korsinsky, LLP Investigates BNCL Merger; Beneficial Bancorp Merger

Levi & Korsinsky, LLP

August 9, 2018

ATTN: All Persons or Entities who purchased Beneficial Bancorp, Inc. (“Beneficial Bancorp” or the “Company”) (NASDAQGM: BNCL) stock prior to August 8, 2018You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the Beneficial Bancorp Merger with WSFS Financial Corporation (“WSFS”) (NASDAQGS: WSFS). Under the terms of the transaction, Beneficial Bancorp shareholders will receive 0.3013 shares of WSFS common stock and $2.93 in cash for each Beneficial Bancorp share they own. Based on the closing price of WSFS stock on August 7, 2018, the transaction has an approximate value of $19.61 per share. To learn more about the BNCL Merger, and your rights, go tohttp://www.zlk.com/mna/beneficial-bancorp-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Beneficial Bancorp merger investigation concerns whether the Board of Beneficial Bancorp breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether WSFS is underpaying for Beneficial Bancorp shares, thus unlawfully harming Beneficial Bancorp shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


Levi & Korsinsky Investigates Beneficial Bancorp Merger; BNCL Merger with WSFS

Class Action News

PPDAI Investigation Commences – Levi & Korsinsky Begins PPDF Investigation

Levi & Korsinsky, LLP

NEW YORK, August 8, 2018 – Levi & Korsinsky announces it has started an investigation of PPDAI Group Inc. (“PPDAI” or “the Company”) (NYSE: PPDF) concerning possible violations of federal securities laws. This investigation concerns whether PPDAI’s filings with the U.S. Securities and Exchange Commission in connection with its Initial Public Offering contained untrue statements or omitted material information regarding PPDAI’s business practices, interest rates on loans made through the Company’s platform, or the quality of loans made through the Company’s platform. To obtain additional information, go tohttp://www.zlk.com/pslra-d/ppdai-group or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Levi & Korsinsky Investigates Beneficial Bancorp Merger; BNCL Merger with WSFS

Class Action News

Levi & Korsinsky, LLP Announces Investigation of Maxar; MAXR Investigation

Levi & Korsinsky, LLP

NEW YORK, August 8, 2018 – Levi & Korsinsky has announced an investigation of Maxar Technologies Ltd. (NYSE: MAXR) concerning possible violations of federal securities laws. On August 7, 2018, Spruce Point Capital Management published a report alleging that Maxar is engaging in a “brazen intangible asset inflation scheme to overstate EBITDA and EPS…” The report further asserted that the Company “amended its post-retirement benefit plan to book one-time gains” in a manner that “was not fully disclosed across its investor communications.” Following this news, shares of Maxar fell from a close of $44.41 per share on August 6, 2018, to a close of $36.69 on August 8, 2018. To obtain additional information on the MAXR Investigation, go to: http://www.zlk.com/pslra-d/maxar-technologiesor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Levi & Korsinsky Investigates Beneficial Bancorp Merger; BNCL Merger with WSFS

Class Action News

Levi & Korsinsky Announces GDS Limited Lawsuit, Class Action Filed

Levi & Korsinsky

August 6, 2018

NEW YORK, August 1, 2018 – Levi & Korsinsky announces a class action on behalf of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) shareholders who purchased shares between November 2, 2016 and July 31, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the GDS Holdings class action go to: http://www.zlk.com/pslra-d/gds-holdings-limited or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The GDS lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that:  (1) the Company has overstated its utilization and occupancy rates; (2) the Company has made acquisitions with related parties at inflated prices; (3) it has used suspect capital and debt raisings despite large off-shore cash reserves; (4) it has adopted unorthodox accounts receivable and payable practices; and (5) that, as a result of the foregoing, Defendant’s statements about GDS’ business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in GDS you have until October 1, 2018 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.


FB lawsuit Facebook class action

Class Action News

Levi & Korsinsky Announces Updated Class in FB Lawsuit

Levi & Korsinsky

NEW YORK, August 6, 2018 – Levi & Korsinsky announces an updated class period in a class action concerning Facebook, Inc. (NASDAQ: FB). The expanded class in the FB class action includes all shareholders who purchased shares between October 1, 2017 and July 26, 2018. To get more information about the FB Lawsuit go to: http://www.zlk.com/pslra-d/facebook-2 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Facebook class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the implementation of the General Data Protection Regulation (“GDPR”), which was adopted by the European Union on or around April 14, 2016, would have a foreseeable and materially negative impact on use of the Platform, revenue growth, and profitability because the informed consent required by the GDPR resulted in many users rejecting Facebook’s privacy policies and/or procedures and exposed a significant number of fake accounts on the platform; (ii) by May 25, 2018, Facebook’s Platform use and revenue growth had already begun to decline as a result of Facebook’s efforts to comply with the GDPR; (iii) the decline in Facebook’s Platform use and the increase in costs as a result of complying with the GDPR had a materially adverse effect on Facebook’s financial health, including its revenue and projected growth; and (iv) as a result, Facebook’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Facebook you have until September 25, 2018 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.

 


latium latx lawsuit

Class Action News

Levi & Korsinsky Announces Latium Lawsuit, Securities Class Action

Levi & Korsinsky

August 2, 2018

NEW YORK, August 2, 2018 – Levi & Korsinsky announces a class action on behalf of investors who purchased or otherwise acquired Latium Network, Inc. (“Latium” or “the Company”) LatiumX (“LATX”) tokens pursuant to Latium’s Initial Coin Offering between July 25, 2017 and March 1, 2018. You are hereby notified that the Latium class action has commenced in the United States District Court for the District of New Jersey. To get more information about the LatiumX class action go to: http://www.zlk.com/pslra-sbm-cc/latium-network-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The LatiumX complaint alleges that Latium violated Sections 12 and 15 of the Securities Act of 1933 by engaging in interstate commerce for the purposes of offering, selling, or delivering unregistered securities.

If you purchased LATX tokens pursuant to the ICO you have until August 13, 2018 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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Class Action News

Levi & Korsinsky Files HMNY Lawsuit; MoviePass Owner Sued

Levi & Korsinsky

NEW YORK, August 2, 2018 – Levi & Korsinsky announces it filed a class action complaint on behalf of investors who purchased or otherwise acquired common stock of Helios and Matheson Analytics Inc. (NASDAQCM: HMNY) between August 15, 2017, and July 26, 2018. The HMNY class action Chang v. Helios and Matheson Analytics Inc. (Case No. 1:18-cv-06965) was filed in the USDC for the Southern District of New York. For more information about the HMNY lawsuit: http://www.zlk.com/pslra-d/helios-and-matheson-analytics-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. 

The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) Helios was touting MoviePass’ valuation and path to profitability; (ii) MoviePass’ business model was not sustainable, (iii) consequently, Helios would run out of cash, (iv) Defendants’ actions were only reducing shareholder value, and (v) as a result of the foregoing, Defendants’ statements about Helios’ business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you suffered a loss in Helios you have until October 1, 2018 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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Class Action News

LogMeIn, Inc. Investigation Commences

Levi & Korsinsky

July 31, 2018

NEW YORK, July 31, 2018 – Levi & Korsinsky announces it has commenced an investigation of LogMeIn, Inc. (“LogMeIn” or “the Company”) (NASDAQ: LOGM) concerning possible violations of federal securities laws. On July 27, 2018, during a conference call with investors, CEO Bill Wagner explained that a “combination of imperfect execution and some hangover effects of last year’s merger with the GoTo business led to disappointing renewal rates.” On this news, shares of LogMeIn fell $26.60 to close at $77.85 per share on July 27, 2018.

To obtain additional information, go tohttp://www.zlk.com/pslra-d/logmein


Class Action News

Papa John’s International, Inc. Investigation Commences

Levi & Korsinsky

Levi & Korsinsky announces it has commenced an investigation of Papa John’s International, Inc. (“Papa John’s” or “the Company”) (NASDAQ: PZZA) concerning possible violations of federal securities laws. On July 11, 2018, Papa John’s announced the resignation of its Chairman of the Board and founder, John Schnatter, following reports that he had used a racial slur during a conference call earlier in the year. Shares of Papa John’s stock have fallen from a close of $50.79 on July 10, 2018, to a recent close of $42.06 on July 30, 2018.

To obtain additional information, go tohttp://www.zlk.com/pslra-d/papa-johns.


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Class Action News

Levi & Korsinsky Announces FB Lawsuit, Securities Class Action Filed

Levi & Korsinsky

NEW YORK, July 31, 2018 – Levi & Korsinsky announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of Facebook, Inc. (“Facebook”) (NASDAQ: FB) between April 26, 2018 and July 25, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information about the FB Lawsuit go to: http://www.zlk.com/pslra-d/facebook-2 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Facebook class action alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the number of daily and monthly active Facebook users was declining; (2) due to unfavorable currency conditions and plans to promote and grow features of Facebook’s social media platform with historically lower levels of monetization,  Facebook anticipated its revenue growth to slow and its operating margins to fall; and (3) as a result, Facebook’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Facebook you have until September 25, 2018 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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Levi & Korsinsky Announces TTPH Lawsuit, Securities Class Action

Levi & Korsinsky

July 30, 2018

NEW YORK, July 30, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH) (1) Pursuant and/or traceable to the July 2017 Secondary Offering and/or (2) between March 8, 2017 and February 13, 2018You are hereby notified that the Tetraphase Pharmaceuticals class action lawsuit has been commenced in the United States District Court for the Southern District of New York . To get more information about the TTPH lawsuit click here: http://www.zlk.com/pslra-d/tetraphase-pharmaceuticals-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Tetraphase Pharmaceuticals Class Action complaint alleges that: (1) Tetraphase was increasing the patient enrollment in its IGNITE3 trial from 1,000 patients to 1,200 patients to meet the trial’s primary endpoints; (2) the enrollment of more patients in the trial indicated that the existing population was inadequate to meet the trial’s primary endpoints; and (3) consequently, Defendants’ statements about Tetraphase’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Tetraphase Pharmaceuticals you have until September 25, 2018 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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Levi & Korsinsky Announces RMTI Lawsuit, Class Action Commences

Levi & Korsinsky

NEW YORK, July 30, 2018 – Levi & Korsinsky announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of Rockwell Medical, Inc. (“Rockwell”) (NASDAQ: RMTI) between March 16, 2018 and June 26, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District court for the Eastern District of New York. To get more information about the RMTI lawsuit go to: http://www.zlk.com/pslra-d/rockwell-medical-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Rockwell was aware that The Centers for Medicare and Medicaid Services will not pursue Rockwell’s proposal for separate reimbursement for the drug Triferic; (2) the estimated reserves in the first quarter 2018 10-Q are misstated; (3) there was a material weakness in Rockwell’s internal controls over financial reporting; (4) consequently, Rockwell’s internal controls over financial reporting were ineffective during the Class Period; (5) Defendant Chioini withheld material information regarding Triferic from Rockwell’s auditor, corporate counsel and five independent directors of the Board; and (6) as a result, Defendants’ statements about the Company’s business, operations and prospects were materially false and misleading and/or lacked reasonable bases at all relevant times.

If you suffered a loss in Rockwell you have until September 25, 2018 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.

 


Class Action News

Helios and Matheson Analytics Inc. Investigation Commences

Levi & Korsinsky

July 27, 2018

Levi & Korsinsky announces an investigation of Helios and Matheson Analytics Inc. (“Helios and Matheson” or “the Company”) (NASDAQ: HMNY) concerning possible violations of federal securities laws. Helios and Matheson is the parent company for MoviePass, a subscription-based movie theater ticketing platform.

On July 27, 2018, shares of Helios and Matheson plummeted after the Company filed a Form 8-K with the U.S. Securities and Exchange Commission acknowledging that an outage of the MoviePass service on July 26, 2018 was due to the Company running out of funds. According to the filing, Helios and Matheson was forced to borrow more than $6 million to resume operations. Following this news, shares of Helios and Matheson were down 59% on intraday trading on July 27, 2018.

To obtain additional information, go to http://www.zlk.com/pslra-d/helios-and-matheson-analytics-inc.


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Class Action News

Danske Bank Investigation Commences

Levi & Korsinsky

July 19, 2018

Levi & Korsinsky announces it has commenced the Danske Bank investigation (OTCMKTS: DNKEY) concerning possible violations of federal securities laws. On December 21, 2017, it was reported that Danske Bank was fined 12.5 million Danish crowns for violating anti-money laundering rules. On July 18, 2018, Danske stated that it intends to waive income generated from suspicious transactions in Estonia. According to a press release, Danske plans to “make the gross income from such transactions available to the benefit of society, for instance through supporting efforts to combat financial crime.” Following this news, Danske Bank shares fell from a close of $15.24 on July 17, 2018, to a close of $13.81 the following day.

To obtain additional information, go tohttp://www.zlk.com/pslra-d/danske-bank or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.


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Levi & Korsinsky Announces FIZZ Lawsuit, Class Action Commences

Levi & Korsinsky

July 18, 2018

NEW YORK, July 18, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of National Beverage Corp. (“National Beverage”) (NASDAQ: FIZZ) between July 17, 2014 and July 3, 2018. You are hereby notified that the FIZZ class action lawsuit has been commenced in the United States District Court for the Southern District of Florida. To get more information about the FIZZ lawsuit click here: http://www.zlk.com/pslra-d/fizz-lawsuit or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) National Beverage’s sales claims and its supposed “proprietary techniques” lacked a verifiable basis; (2) the Company’s Chairman and CEO engaged in a pattern of sexual misconduct between 2014 and 2016; and (3) as a result, National Beverage’s public statements were materially false and misleading at all relevant times.

On May 4, 2017, National Beverage issued a press release stating that it “employs methods that no other company does in this area—VPO (velocity per outlet) and VPC (velocity per capita).”  National Beverage asserted that it “utilize[s] two proprietary techniques to magnify these measures and this creates growth never before thought possible.” Then on June 26, 2018 the Wall Street Journal reported that National Beverage had declined to provide the U.S. Securities and Exchange Commission with requested sales figures to clarify their sales claims. Then on July 3, 2018, the Wall Street Journal published an article reporting that two pilots had filed lawsuits alleging that National Beverage’s CEO had sexually harassed them.

If you suffered a loss in National Beverage you have until September 17, 2018 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.

 


Class Action News

Levi & Korsinsky Announces FPI Lawsuit, Class Action Commences

Levi & Korsinsky

July 17, 2018

NEW YORK, July 17, 2018 – Levi & Korsinsky, LLP announces a class action on behalf of all persons or entities who purchased or otherwise acquired securities of Farmland Partners Inc. (“Farmland”) (NYSE: FPI) between May 9, 2017 and July 10, 2018. You are hereby notified that the Farmland Partners lawsuit has been commenced in the United States District Court for the District of Colorado. To get more information about the FPI lawsuit click here: http://www.zlk.com/pslra-d/farmland-partners-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The FPI class action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Farmland artificially increased its revenues by marking loans to related party tenants; (ii) as a results of the foregoing, Farmland’s Class Period revenues were overstated; and (iii) as a result, Farmland’s public statements were materially false and misleading at all relevant times. On July 11, 2018, Seeking Alpha featured a report alleging that 310% of Farmland’s 2017 earnings could be fabricated. Following this news, shares of Farmland fell from a close of $8.65 on July 10, 2018, to a close of $5.28 the following day.

If you suffered a loss in Farmland you have until September 10, 2018 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

FPI Class Action Investigation Commences

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July 12, 2018

Levi & Korsinsky announces it has commenced an investigation of Farmland Partners Inc. (“Farmland” or “the Company”) (NYSE: FPI) concerning possible violations of federal securities laws. On July 11, 2018, Rota Fortunae published a report alleging that Farmland artificially increased revenues “by making loans to related-party tenants who round-trip the cash back to FPI as rent” and that “30% of [Farmland’s] 2017 earnings could be made-up.” The report further stated that Farmland “neglected to disclose that the majority of its loans have been made to two members of the management team.” On this news, shares of Farmland fell from a close of $8.65 on July 10, 2018 to a close of $5.28 on July 11, 2018. To obtain additional information on the Farmland class action investigation (FPI class action investigation), go tohttp://www.zlk.com/pslra-d/farmland-partners-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


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Class Action News

MRCY Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired common stock of Mercury Systems, Inc. (NASDAQGS: MRCY) between October 24, 2017 and April 24, 2018. You are hereby notified that Levi & Korsinsky has commenced the class action Richmond v. Mercury Systems, Inc. (Case No. 1:18-cv-11434) in the USDC for the District of Massachusetts. To get more information on the Mercury class action (MRCY class action) go tohttp://www.zlk.com/pslra-d/mercury-systems or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) Mercury’s decision to in-source processing was adversely impacting Mercury’s operating margins and free cash-flow generation and conversion; (ii) Mercury’s model was becoming structurally more working capital intensive; (iii) as a result of the foregoing, Mercury’s public statements were materially false and misleading at all relevant times.

 

Specifically, during a December 31, 2017 conference call, Mercury’s CFO stated that the Company expected improvement in its free cash flow for the year. Then on April 24, 2018, Mercury issued a press release noting that its “Free cash flow… was a net outflow of $(2.6) million in the third quarter of fiscal 2018, compared to a net inflow of $11.9 million in the third quarter of fiscal 2017.”

 

If you suffered a loss in Mercury you have until September 10, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 


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Class Action News

MD Class Action Deadline Approaches

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To: All persons or entities who purchased or otherwise acquired securities of MEDNAX, Inc. (“Mednax”) (NYSE: MD) between February 4, 2016 and July 27, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of Florida. To get more information on the Mednax class action (MD class action) go to: http://www.zlk.com/pslra-d/mednax-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s business model was not sustainable; and (2) Mednax’s growth was in fact based upon suppressing physician compensation and enforcing non-compete agreements to deter physician defections. On April 20, 2017, Mednax announced negative financial results for the first quarter of 2017. Then on July 28, 2017, during an earnings call, Mednax announced that the Company failed to complete any acquisitions of anesthesiologist practices during the second quarter and disclosed that any future acquisitions were unlikely. Following this news, shares of Mednax fell from a close of $56.49 on July 27, 2017, to a close of $47.73 per share the following day.

 

If you suffered a loss in Mednax you have until September 10, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


GLCNF class action Glencore Lawsuit Levi & Korsinsky

Class Action News

GLCNF Class Action Deadline Approaches

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To: All persons or entities who purchased or otherwise acquired securities of Glencore plc (“Glencore”) (OTCMKTS: GLCNF, GLNCY) between September 30, 2016 and July 2, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information on the Glencore class action (GLCNF class action) go to: http://www.zlk.com/pslra-d/glencore or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; and (2) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. On May 18, 2018, Bloomberg reported that the U.K.’s Serious Fraud Office was preparing to open a formal bribery investigation into Glencore. Then on July 3, 2018, Glencore disclosed that the U.S. Department of Justice issued its subsidiary a subpoena to produce documents and other records in connection with its compliance with U.S. money laundering statutes and the Foreign Corrupt Practices Act.

 

If you suffered a loss in Glencore you have until September 7, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Class Action News

SBGL Class Action Deadline Approaches

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July 10, 2018

To: All persons or entities who purchased or otherwise acquired securities of Sibanye Gold Limited (“Sibanye”) (NYSE: SBGL) between April 7, 2017 and June 26, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information on the Sibanye class action (SBGL class action) go to: http://www.zlk.com/pslra-d/sibanye-gold-limited or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Sibanye’s safety protocols were inadequate to prevent a high rate of worker death; (ii) Sibanye’s mining supervisors routinely forced Company employees to work in unsafe and unlawful conditions; (iii) the foregoing issues would foreseeably subject Sibanye to heightened regulatory oversight; and (iv) as a result, Sibanye’s public statements were materially false and misleading at all relevant times.

 

If you suffered a loss in Sibanye you have until August 27, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Class Action News

ACAD Class Action Investigation Commences

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July 9, 2018

Levi & Korsinsky announces it has commenced an investigation of ACADIA Pharmaceuticals Inc. (“ACADIA” or “the Company”) (NASDAQGS: ACAD) concerning possible violations of federal securities laws. On April 9, 2018, ACADIA stock fell after CNN issued a report stating that “Physicians, medical researchers and other experts told CNN that they worried that the drug [NUPLAZID] had been approved too quickly, based on too little evidence that it was safe or effective.” On April 10, 2018, the Food and Drug Administration stated it would continue to monitor reports of adverse events. Then on July 9, 2018, a report was published by The Southern Investigative Reporting Foundation alleging that ACADIA’s “pursuit of regulatory approval is best described as ‘loophole-centric’.” To obtain additional information on the ACADIA class action investigation (ACAD class action investigation), go tohttp://www.zlk.com/pslra-d/acadia-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


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Class Action News

GOGO Class Action Lawsuit Deadline Approaches

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June 28, 2018

To: All persons or entities who purchased or otherwise acquired securities of Gogo Inc. (“Gogo”) (NASDAQ: GOGO) between February 27, 2017 and May 7, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information on the  go to: http://www.zlk.com/pslra-d/gogo-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Gogo’s 2Ku antenna had more reliability issues than the public was led to believe; (2) Gogo’s 2Ku antennas required costly installation and faced costly remediation challenges or required replacement due to deicing fluids from planes infiltrating the 2Ku system, as well as manufacturing and software issues; (3) consequently, Gogo would not be able to meet its previously issued 2018 guidance; and (4) as a result, the company’s financial statements were materially false and misleading at all relevant times.

 

If you suffered a loss in Gogo you have until August 27, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Class Action News

EDR Class Action Lawsuit Deadline Approaches

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June 26, 2018

To: All Persons or Entities who purchased EdR (“EdR” or the “Company”) (NYSE: EDR) stock prior to June 25, 2018You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of EdR to Greystar Student Housing Growth and Income Fund, LP for $41.50 in cash per share. To learn more about the EDR class action lawsuit and your rights, go tohttp://www.zlk.com/mna/edr or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of EdR breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Greystar is underpaying for EdR shares, thus unlawfully harming EdR shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


HAIR class action lawsuit Levi & Korsinsky

Class Action News

HAIR Class Action Lawsuit Deadline Approaches

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To: All persons or entities who purchased or otherwise acquired securities of Restoration Robotics, Inc. (“Restoration Robotics”) (NASDAQGM: HAIR) pursuant to the initial public offering commenced on October 12, 2017 and closed on October 16, 2017. You are hereby notified that the securities class action lawsuit Guerrini v. Restoration Robotics, Inc. (5:18-cv-03712) has been commenced in the United States District Court for the Northern District of California, San Jose Division. To get more information on the Restoration Robotics class action lawsuit (HAIR class action lawsuit), go to: http://www.zlk.com/pslra-d/restoration-robotics-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that Restoration Robotics negligently issued untrue statements of material facts in, and omitted to state material facts required to be stated from, the Offering Materials issued in connection with the Initial Public Offering. The complaint further alleges that as a result of the materially misleading Offering Materials, the Company’s stock price was artificially inflated at the time of the IPO.

 

At the time of the IPO, Restoration Robotics sold 3,897,910 shares at a price of $7.00 per share. Since the IPO, however, Restoration Robotics stock has fallen substantially, with a recent close of $2.69 per share on June 22, 2018.

 

If you suffered a loss in Restoration Robotics you have until August 21, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

TAL Education Class Action Lawsuit Deadline Approaches

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June 22, 2018

To: All persons or entities who purchased or otherwise acquired securities of TAL Education Group (“TAL Education”) (NYSE: TAL) between April 26, 2018 and June 13, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the TAL Education lawsuit (TAL lawsuit) go to: http://www.zlk.com/pslra-d/tal-education-group or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Tal Education class action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company overstated its net income; (2) the Company’s net income was deteriorating; and (3) as a result of the foregoing, Defendants’ statements about TAL’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

 

On June 13, 2018, Muddy Waters website published a report alleging that TAL has been fraudulently overstating its profits since at least the fiscal year 2016. On this news, shares of TAL Education fell from a close of $45.65 on June 12, 2018, to a close of $38.74 on June 15, 2018.

 

If you suffered a loss in TAL Education you have until August 17, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Cloud With Me lawsuit Levi & Korsinsky

Class Action News

Cloud With Me Lawsuit, ICO Class Action Deadline Approaches

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June 20, 2018

To: All persons or entities who purchased or otherwise acquired Cloud Tokens (“CLD Tokens”) pursuant to Cloud With Me Ltd.’s Initial Coin Offering which began on approximately July 25, 2017 and was ongoing as of June 19, 2018. You are hereby notified that Levi & Korsinsky has commenced the action Balestra v. Cloud With Me Ltd. (Case 2:18-cv-00804-LPL) in the United States District Court for the Western District of Pennsylvania. To get more information on the Cloud With Me Lawsuit go to: http://www.zlk.com/pslra-sbm-cc/cloudwithme or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Cloud With Me class action complaint alleges that Cloud With Me violated Sections 12(a)(1) and 15(a) of the Securities Act of 1933, by engaging in interstate commerce for the purposes of offering, selling, or delivering unregistered securities. The complaint alleges that the CLD Tokens constitute securities by virtue of defendants’ assertions that the CLD Token would increase in value as it became the “standard currency” for the Company’s yet-to-be-created decentralized cloud network as well as the continuous focus in Cloud With Me’s marketing campaigns on the “significant liquidity” CLD Token would have as it became listed on multiple virtual currency exchanges.

 

If you purchased CLD Tokens pursuant to the ICO you have until August 20, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

Esperion Class Action Lawsuit Deadline Approaches

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June 19, 2018

Anyone who purchased or otherwise acquired shares of Esperion Therapeutics, Inc. (“Esperion”) (NASDAQ: ESPR) between February 22, 2017 and May 1, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of Michigan. To find out more on the Esperion class action lawsuit (ESPR class action lawsuit), go to: http://www.zlk.com/pslra-d/esperion-therapeutics or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Esperion’s cholesterol-lowering medication, bempedoic acid, entailed serious undisclosed safety risks, including death; and (ii) as a result of the foregoing, Esperion’s public statements were materially false and misleading at all relevant times. On May 2, 2018, Esperion announced results from its second Phase 3 study for its cholesterol-lowering medication bempedoic acid. Esperion reported that while the trial met the primary endpoint of safety and tolerability and the key efficacy endpoint, there were 13 deaths in the treatment group compared to only two in the control group. On this news, Esperion’s share price fell from a close of $70.50 per share on May 1, 2018, to a close of $45.75 per share the following day.

 

If you suffered a loss in Esperion you have until July 6, 2018 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.

 

For more information on the Esperion lawsuit (ESPR lawsuit), contact levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


TAL class action investigation Levi & Korsinsky

Class Action News

TAL Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of TAL Education Group (“TAL Education” or “the Company”) (NYSE: TAL) concerning possible violations of federal securities laws. On June 13, 2018, Muddy Waters website published a report alleging that TAL has been fraudulently overstating its profits since at least the fiscal year 2016. On this news, shares of TAL Eduation fell from a close of $45.65 on June 12, 2018, to a recent close of $38.74 on June 15, 2018. To obtain additional information on the TAL Education class action investigation (TAL class action investigation), go tohttp://www.zlk.com/pslra-d/tal-education-group or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


FAT class action investigation Levi & Korsinsky

Class Action News

FAT Class Action Investigation

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Levi & Korsinsky announces it has commenced an investigation of FAT Brands Inc. (“FAT Brands” or the “Company”) (NASDAQCM: FAT) concerning possible violations of federal securities laws. The investigation concerns whether the Company issued false and/or misleading statements and/or failed to disclose material information to investors in its Registration Statement issued pertaining to the Company’s October 23, 2017 Initial Public Offering. To obtain additional information on the FAT Brands class action investigation (FAT class action investigation), go tohttp://www.zlk.com/pslra-d/fat-brands or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


COBZ merger Levi & Korsinsky

Class Action News

COBZ Merger Investigation

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To: All Persons or Entities who purchased CoBiz Financial Inc. (“CoBiz” or the “Company”) (NASDAQGS: COBZ) stock prior to June 18, 2018You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the CoBiz merger. CoBiz will be sold to BOK Financial Corporation (NASDAQGS: BOKF). Under the terms of the transaction, CoBiz shareholders will receive 0.17 shares of BOK stock and $5.70 in cash for each share of CoBiz stock they own. Based on the closing price of BOK Financial Corporation on June 15, 2018, this represents a value of approximately $23.02 per share. To learn more about the COBZ merger investigation and your rights, go tohttp://www.zlk.com/mna/cobiz-financial-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of CoBiz breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether BOK Financial is underpaying for CoBiz shares, thus unlawfully harming CoBiz shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


ORA class action Levi & Korsinsky

Class Action News

ORA Class Action Deadline Approaches

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June 18, 2018

To: All persons or entities who purchased or otherwise acquired securities of Ormat Technologies, Inc. (“Ormat Technologies”) (NASDAQ: ORA) between August 8, 2017 and May 15, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Nevada. To get more information on the Ormat Technologies class action lawsuit (ORA class action lawsuit) go to: http://www.zlk.com/pslra-d/ormat-technologies-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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DB class action Levi & Korsinsky

Class Action News

DB Class Action Deadline Approaching

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June 15, 2018

To: All persons or entities who purchased or otherwise acquired securities of Deutsche Bank Aktiengesellschaft (“Deutsche Bank”) (NYSE: DB) between March 20, 2017 and March 30, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the Deutsche Bank class action lawsuit (DB class action) go to: http://www.zlk.com/pslra-d/deutsche-bank-aktiengesellschaft or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Deutsche Bank’s internal control environment and infrastructure were materially weak and deficient; and (2) as a result, Deutsche Bank’s statements about the Company’s business and operations were materially false and misleading at all relevant times.

 

On May 31, 2018, The Wall Street Journal reported that the U.S. Federal Reserve had designated Deutsche Bank’s U.S. business as being in a “trouble condition,” citing concerns about “its controls around measuring financial exposure to clients and valuing collateral that backed loans.” It was also reported that the Federal Deposit Insurance Corporation (“FDIC”) added Deutsche Bank’s FDIC-insured subsidiary, Deutsche Bank Trust Company Americas, to a list of “problem banks” which are at-risk. On this news, Deutsche Bank’s share price fell $0.49 or over 4% to close at $11.08 on May 31, 2018.

 

If you suffered a loss in Deutsche Bank you have until August 6, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


QCOM class action Levi & Korsinsky

Class Action News

QCOM Class Action Lawsuit Deadline Approaches

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To: All persons or entities who purchased or otherwise acquired securities of QUALCOMM Incorporated (“Qualcomm”) (NASDAQ: QCOM) between January 31, 2018 and March 12, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of California. To get more information on the Qualcomm class action lawsuit (QCOM class action lawsuit) go to: http://www.zlk.com/pslra-d/qualcomm-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Qualcomm had secretly filed a unilateral notice with CFIUS in order to frustrate Broadcom’s attempt to acquire the Company; and (2) investors suffered damages as a result of defendants’ wrongful acts and omissions. On March 5, 2018, Broadcom announced that Qualcomm had filed a voluntary request for The Committee on Foreign Investment in the United States to initiate an investigation into Broadcom’s actions. Broadcom referred to this as a “blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom’s independent director nominees.”

 

If you suffered a loss in Qualcomm you have until August 7, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


FLKS class action investigation Levi & Korsinsky

Class Action News

FLKS Class Action Investigation

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Levi & Korsinsky announces it has commenced an investigation of Flex Pharma, Inc. (“Flex Pharma” or “the Company”) (NASDAQGM: FLKS) concerning possible violations of federal securities laws. On June 13, 2018, Flex Pharma announced it would cease its “ongoing Phase 2 clinical trial investigations of FLX-787 in amyotrphic lateral sclerosis and Charcot-Marie-Tooth due to oral tolerability concerns observed in a subset of patients…” The Company also announced a restructuring plan that includes reducing its workforce by approximately 60 percent. Following this news, shares of Flex Pharma fell from a close of $4.18 per share on June 12, 2018, to a close of $1.04 per share on June 13, 2018. To obtain additional information on the Flex Pharma class action investigation (FLKS class action investigation), go tohttp://www.zlk.com/pslra-d/flex-pharma-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

 


PCG Class Action Levi & Korsinsky

Class Action News

PCG Class Action Lawsuit Commences

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June 13, 2018

To: All persons or entities who purchased or otherwise acquired common stock of PG&E Corporation (NYSE: PCG) between April 29, 2015, and June 8, 2018. You are hereby notified that Levi & Korsinsky has commenced the class action Weston v. PG&E Corporation, et al. (Case No. 3:18-cv-03509) in the USDC for the Northern District of California. To get more information on the PG&E class action lawsuit (PCG class action lawsuit) go tohttp://www.zlk.com/pslra-d/pge-corporation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The PG&E lawsuit complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) PG&E had failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; (ii) consequently, PG&E was in violation of state law regulation; (iii) PG&E’s electricity networks would cause numerous wildfires in California; and (iv) as a result of the foregoing, Defendants’ statements about the Company’s business and operations were materially false and misleading at all relevant times.

 

On June 9, 2018, Bloomberg published an article entitled “PG&E May Face Criminal Charges After Probe of Deadly Wildfires.” The article reported, in part, that following an investigation into the causes of California wildfires in October 2017, California’s fire agency “found evidence of alleged violations of law by PG&E in connection with” the fires.

 

If you suffered a loss in PG&E Corporation you have until August 13, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

Fluor Class Action Lawsuit Filed by Levi & Korsinsky

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June 12, 2018

Anyone who purchased shares of Fluor Corporation (NYSE: FLR) from August 14, 2013 to May 3, 2018: you are hereby notified that Levi & Korsinsky has filed the class action Chun v. Fluor Corporation (Case No. 3:18-cv-01338-S) in the USDC for the Northern District of Texas. To find out more info about the Fluor class action lawsuit (FLR class action lawsuit) click herehttp://www.zlk.com/pslra-d/fluor-class-action or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Fluor class action lawsuit complaint alleges that during the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) Fluor’s bidding process for projects related to the construction of gas-fired power plants was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.

 

If you suffered a loss in Fluor you have until July 24, 2018 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.

 

For more information on the Fluor lawsuit (FLR lawsuit), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 


QCOM class action investigation Levi & Korsinsky

Class Action News

QCOM Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of QUALCOMM Incorporated (“Qualcomm” or “the Company”) (NASDAQGS: QCOM) concerning possible violations of federal securities laws. In 2017, Broadcom Limited began making a series of unsolicited proposals to acquire all outstanding Qualcomm shares. Then on March 5, 2018, Broadcom announced that  Qualcomm had filed a voluntary request for The Committee on Foreign Investment in the United States to initiate an investigation into Broadcom’s actions. Broadcom referred to this as a “blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom’s independent director nominees.” To obtain additional information on the Qualcomm class action investigation (QCOM class action investigation), go tohttp://www.zlk.com/pslra-d/qualcomm-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


REPH class action Levi & Korsinsky

Class Action News

REPH Class Action Lawsuit Commences

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June 8, 2018

To: All persons or entities who purchased or otherwise acquired securities of Recro Pharma, Inc. (“Recro Pharma”) (NASDAQ: REPH) between July 31, 2017 and May 23, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of Pennsylvania. To get more information on the Recro Pharma class action lawsuit (REPH class action lawsuit) go to: http://www.zlk.com/pslra-d/recro-pharma-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that:  (i) the Company’s lead product, IV meloxicam, lacked supporting clinical data to show sufficient clinical benefits to receive U.S. Food and Drug Administration (“FDA”) approval; and (ii) as a result, Recro Pharma’s public statements were materially false and misleading at all relevant times. On May 24, 2018, Recro Pharma announced that the FDA had declined to approve its New Drug Application (“NDA”) for IV meloxicam. In its Complete Response Letter, the FDA stated that the drug’s analgesic effects did not meet FDA expectations and raised questions related to chemistry, manufacturing and controls data.

 

If you suffered a loss in Recro Pharma you have until July 30, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


DB class action investigation Levi & Korsinsky

Class Action News

DB Class Action Investigation

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Levi & Korsinsky announces it has commenced an investigation of Deutsche Bank Aktiengesellschaft (“Deutsche Bank” or “the Company”) (NYSE: DB) concerning possible violations of federal securities laws. On May 31, 2018, The Wall Street Journal reported that the U.S. Federal Reserve had designated Deutsche Bank’s U.S. business as being in a “trouble condition,” citing concerns about “its controls around measuring financial exposure to clients and valuing collateral that backed loans.” It was also reported that the Federal Deposit Insurance Corporation (“FDIC”) added Deutsche Bank’s FDIC-insured subsidiary, Deutsche Bank Trust Company Americas, to a list of “problem banks” which are at-risk. On this news, Deutsche Bank’s share price fell $0.49 or over 4% to close at $11.08 on May 31, 2018. To obtain additional information on the Deutsche Bank class action investigation (DB Class Action Investigation), go tohttp://www.zlk.com/pslra-d/deutsche-bank-aktiengesellschaft or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


REVG class action investigation Levi & Korsinsky

Class Action News

REVG Class Action Investigation Commences

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June 7, 2018

Levi & Korsinsky announces it has commenced an investigation of REV Group, Inc. (“REV” or “the Company”) (NYSE: REVG) concerning possible violations of federal securities laws. On or about January 17, 2017, REV sold 12,500,000 million shares of stock in its initial public stock offering (the “IPO”) for $22 per share. Then in October 2017, a secondary offering of 10,000,000 shares of common stock by certain selling stockholders was sold at the public offering price of $27.25 per share. On June 6, 2018, REV reported net sales for the second quarter 2018 of $608.9 million. Adjusted net income for the second quarter 2018 was $15.6 million, a decline of 17.9 percent, compared to $19.0 million, or $0.29 per diluted share in the second quarter 2017. These results fell short of Wall Street expectations. Following this news, shares of REV were down more than 21% on intraday trading on June 7, 2018. To obtain additional information on the REV class action investigation (REVG class action investigation), go tohttp://www.zlk.com/pslra-d/rev-group-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

ANW Class Action Lawsuit Commences

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June 6, 2018

To: All persons or entities who purchased or otherwise acquired common stock of Aegean Marine Petroleum Network Inc. (NYSE: ANW) between April 28, 2016, and June 4, 2018. You are hereby notified that Levi & Korsinsky has commenced the class action Simco v. Aegean Marine Petroleum Network Inc. (Case No. 1:18-cv-04993) in the USDC for the Southern District of New York. To get more informationon the Aegean Marine class action lawsuit (ANW class action lawsuit) go tohttp://www.zlk.com/pslra-d/aegean-marine-class-action or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) Aegean had improperly accounted for an approximate $200 million of accounts receivable as of December 31, 2017; (ii) Aegean failed to maintain effective internal control over financial reporting; and (iii) as a result of the foregoing, Defendants’ statements about Aegean’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

 

On June 4, 2018, Aegean filed a Form 6-K announcing that “approximately $200 million of accounts receivable owed to the Company at December 31, 2017 will need to be written off.” Per the 6-K, certain “transactions that gave rise to the accounts receivable… may have been, in full or in part, without economic substance and improperly accounted for…”

 

If you suffered a loss in Aegean you have until August 6, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


ANW class action investigation Levi & Korsinsky

Class Action News

ANW Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Aegean Marine Petroleum Network Inc. (“Aegean Marine” or “the Company”) (NYSE: ANW) concerning possible violations of federal securities laws. On May 22, 2018, Aegean Marine issued a Form 6-K announcing an internal review of its financial reporting. Then on June 4, 2018, Aegean Marine filed another Form 6-K announcing preliminary findings from the review, including that “approximately $200 million of accounts receivable at December 31, 2017 will need to be written off.” Per the 6-K, certain “transactions that gave rise to the accounts receivable… may have been, in full or in part, without economic substance and improperly accounted for in contravention of the Company’s normal policies and procedures.” Following this news, shares of Aegean Marine were down 66.96% on intraday trading on June 5, 2018. To obtain additional information on the Aegean Marine class action invetigation (ANW class action investigation), go tohttp://www.zlk.com/pslra-d/aegean-marine-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

 


PRTA class action Levi & Korsinsky

Class Action News

PRTA Class Action Lawsuit Commences

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June 1, 2018

To: All persons or entities who purchased or otherwise acquired securities of Prothena Corporation (“Prothena”) (NASDAQ: PRTA) between October 15, 2015 and April 20, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information on the Prothena class action lawsuit (PRTA class action lawsuit) go to: http://www.zlk.com/pslra-d/prothena-corporation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) relevant trial data showed that Prothena’s antibody NEOD001, designed to treat amyloid light chain amyloidosis (“AL amyloidosis”), was not an effective treatment; (2) the Company made misleading comparisons of NEOD001’s “best response” rates against certain prior studies; and (3) the Company touted Prothena’s ongoing Phase 1/2 study of NEOD001 as providing a strong basis for late-stage Phase 2b and Phase 3 studies of NEOD001, even though the full Phase 1/2 study data demonstrated that NEOD001 was not an effective treatment.

 

On October 15, 2015, Prothena announced its late-stage Phase 2b “PRONTO” study and expansion of its Phase 1/2 clinical trial for the antibody NEOD001. On April 23, 2018, Prothena announced it was ending development of NEOD001 after its Phase 2b PRONTO trial failed to reach either its primary or secondary endpoints. Following this news, shares of Prothena fell from a close of $36.84 on April 20, 2018, to a close of $11.50 per share on April 23, 2018.

 

If you suffered a loss in Prothena you have until July 16, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


REPH class action investigation Levi & Korsinsky

Class Action News

REPH Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Recro Pharma, Inc. (“Recro” or “the Company”) (NASDAQCM: REPH) concerning possible violations of federal securities laws. On May 24, 2018, Recro revealed that the U.S. Food & Drug Administration (the “FDA”) had declined to approve Recro’s New Drug Application for the non-opioid pain relief treatment IV meloxicam. The FDA stated in its Complete Response Letter that the drug’s analgesic effects did not meet its expectations and raised questions related to certain data included in the NDA. Following this news, Recro stock fell 54.7% to close at $5.63 per share on May 24, 2018. To obtain additional information on the Recro class action lawsuit (REPH class action lawsuit), go tohttp://www.zlk.com/pslra-d/recro-pharma-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Recro investigation (REPH investigation) Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


MFGP class action Levi & Korsinsky

Class Action News

MFGP Class Action Lawsuit Commences

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May 31, 2018

To: All persons or entities who purchased or otherwise acquired securities of Micro Focus International plc (“Micro Focus “) (NYSE: MFGP) (1) between September 1, 2017 and March 19, 2018, and/or (2) pursuant to the August 4, 2017 Registration Statement or August 22, 2017 Prospectus. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the Micro Focus class action lawsuit (MFGP class action lawsuit) go to: http://www.zlk.com/pslra-d/micro-focus-international-plc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that the Registration Statement and Prospectus filed for the Company’s Initial Public Offering contained materially false and misleading information and/or failed to disclose material information, and that Micro Focus made materially false and misleading statements and/or failed to disclose material information throughout the class period.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


PPG class action Levi & Korsinsky

Class Action News

PPG Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of PPG Industries, Inc. (“PPG”) (NYSE: PPG) between April 24, 2017 and May 10, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information on the PPG class action lawsuit go to: http://www.zlk.com/pslra-d/ppg or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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RMTI class action investigation

Class Action News

RMTI Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Rockwell Medical, Inc. (“Rockwell” or “the Company”) (NASDAQGM: RMTI) concerning possible violations of federal securities laws. On May 22, 2018, Rockwell announced that its President and Chief Executive Officer, Robert Chioini, had been terminated. The following day, two Form 8-Ks were filed by the Company, the first of which denied the firing had occurred. The second 8-K stated that Chioini had been terminated, and that due to the filing of an unauthorized 8-K by Chioini and CFO Thomas Klema, the Board had voted to remove Klema from his roles at the Company. In a press release issued May 24, 2018, the Company stated that Chioini was terminated following “a thorough review of the business” and the determination that “Mr. Chioini lacked key attributes necessary to oversee the growth and long-term success of the Company…” To obtain additional information on the Rockwell class action investigation (RMTI class action investigation), go tohttp://www.zlk.com/pslra-d/rockwell-medical-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

FLR Class Action Lawsuit Filed by Levi & Korsinsky

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May 29, 2018

To: All persons or entities who purchased or otherwise acquired common stock of Fluor Corporation (NYSE: FLR) between August 14, 2013 and May 3, 2018. You are hereby notified that Levi & Korsinsky has commenced the class action Chun v. Fluor Corporation (Case No. 3:18-cv-01338-S) in the USDC for the Northern District of Texas. To get more information on the Fluor class action lawsuit (FLR class action lawsuit) go tohttp://www.zlk.com/pslra-d/fluor-class-action or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Fluor class action lawsuit complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.

 

If you suffered a loss in Fluor you have until July 24, 2018 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.

 

For more information on the Fluor lawsuit (FLR lawsuit), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 


KLIC class action Levi & Korsinsky

Class Action News

KLIC Class Action Lawsuit Commences

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May 22, 2018

To: All persons or entities who purchased or otherwise acquired securities of Kulicke and Soffa Industries, Inc. (“Kulicke and Soffa”) (NASDAQ: KLIC) between November 16, 2017 and May 10, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Central District of California. To get more information on the Kulicke and Soffa class action lawsuit (KLIC class action lawsuit) go to: http://www.zlk.com/pslra-d/kulicke-and-soffa-industries-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Kulicke and Soffa lawsuit complaint (KLIC lawsuit complaint) alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Kulicke and Soffa Industries, Inc.’s consolidated financial statements for the fiscal year ending September 30, 2017 could no longer be relied upon due to misstated warranty accruals; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

 

On May 10, 2018, Kulicke and Soffa issued a press release disclosing it will not file its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission in a timely manner. The Company stated it had “learned of certain unauthorized transactions by a senior finance employee of the Company” and begun an investigation with the assistance of outside advisors. Kulicke and Soffa has also discovered “that certain warranty accruals in prior periods had been accounted for incorrectly and therefore misstated.”

 

If you suffered a loss in Kulicke and Soffa you have until July 10, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


ORA class action investigation, Levi & Korsinsky

Class Action News

ORA Class Action Investigation Commences

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May 18, 2018

Levi & Korsinsky announces it has commenced an investigation of Ormat Technologies, Inc. (“Ormat” or “the Company”) (NYSE: ORA) concerning possible violations of federal securities laws. On May 11, 2018, Ormat filed a 10-Q disclosing the discovery of “an error in the Company’s financial statement presentation of deferred income tax liabilities” which would affect the Company’s balance sheets in previous periods. Then on May 16, 2018, Ormat announced that investors should no longer rely on its previously issued financial statements for the second, third and fourth quarter of 2017 and full-year 2017. To obtain additional information on the Ormat class action investigation (ORA class action investigation), go tohttp://www.zlk.com/pslra-d/ormat-technologies-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Ormat investigation (ORA investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

INWK Class Action Lawsuit Commences

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May 17, 2018

To: All persons or entities who purchased or otherwise acquired securities of InnerWorkings, Inc. (“InnerWorkings”) (NASDAQ: INWK) between August 11, 2015 and May 7, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information on the InnerWorkings class action lawsuit (INWK class action lawsuit) go to: http://www.zlk.com/pslra-d/innerworkings-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The InnerWorkings class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) InnerWorkings’ financial statements for the fiscal years ending December 31, 2015, 2016, and 2017, as well as all interim periods, contained errors that required restating; and (ii) as a result, InnerWorkings’ public statements were materially false and misleading at all relevant times. On May 7, 2018, InnerWorkings issued a Form 8-K announcing non-reliance on previous financial statements for 2015, 2016, and 2017. The Company also announced it would postpone the release of its first quarter 2018 financial result and conference call due to the errors in its historical financial statements.

 

If you suffered a loss in InnerWorkings you have until July 9, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


PRTA class action investigaiton Levi & Korsinsky

Class Action News

PRTA Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Prothena Corporation (“Prothena” or “the Company”) (NASDAQGS: PRTA) concerning possible violations of federal securities laws. On October 15, 2015, Prothena announced its late-stage Phase 2b “PRONTO” study and expansion of its Phase 1/2 clinical trial for the antibody NEOD001. On April 23, 2018, Prothena announced it was ending development of NEOD001 after its Phase 2b PRONTO trial failed to reach either its primary or secondary endpoints. Following this news, shares of Prothena fell from a close of $36.84 on April 20, 2018, to a close of $11.50 per share on April 23, 2018. To obtain additional information on the Prothena class action investigation (PRTA class action investigation), go tohttp://www.zlk.com/pslra-d/prothena-corporation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Prothena investigation (PRTA investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


ESPR class action Levi & Korsinsky

Class Action News

ESPR Class Action Lawsuit Commences

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May 16, 2018

To: All persons or entities who purchased or otherwise acquired securities of Esperion Therapeutics, Inc. (“Esperion”) (NASDAQ: ESPR) between February 22, 2017 and May 1, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of Michigan. To get more information on the Esperion class action lawsuit (ESPR class action lawsuit), go to: http://www.zlk.com/pslra-d/esperion-therapeutics or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Esperion’s cholesterol-lowering medication, bempedoic acid, entailed serious undisclosed safety risks, including death; and (ii) as a result of the foregoing, Esperion’s public statements were materially false and misleading at all relevant times. On May 2, 2018, Esperion announced results from its second Phase 3 study for its cholesterol-lowering medication bempedoic acid. Esperion reported that while the trial met the primary endpoint of safety and tolerability and the key efficacy endpoint, there were 13 deaths in the treatment group compared to only two in the control group. On this news, Esperion’s share price fell from a close of $70.50 per share on May 1, 2018, to a close of $45.75 per share the following day.

 

If you suffered a loss in Esperion you have until July 6, 2018 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.

 

For more information on the Esperion lawsuit (ESPR lawsuit), contact levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Paragon Coin lead counsel Levi & Korsinsky

Class Action News

Levi & Korsinsky appointed Lead Counsel in Class Action Against Paragon Coin, Inc.

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On May 10, 2018, United States District Court Judge Jeffrey S. White appointed Levi & Korsinsky, LLP to serve as Lead Counsel in the Paragon Coin class action lawsuit, entitled Davy v. Paragon Coin, Inc., et al. 4:18-cv-00671-JSW (N.D. Cal.). The Paragon Coin class action alleges that Paragon Coin, a cryptocurrency startup, violated securities laws by not registering its initial coin offering with the U.S. Securities and Exchange Commission. The firm looks forward to representing those investors alleged to have been harmed by this conduct and achieving a positive result in this lawsuit on their behalf.
Levi & Korsinsky has been at the forefront of cryptocurrency-related securities litigation, including representing shareholders who suffered losses as a result of securities laws violations related to initial coin offerings and the issuance of unregistered securities, as well the issuance of misleading information to investors. On April 11, 2018 the firm was appointed Co-Lead in Rensel v. Centra Tech, Inc., 17-cv-24500-JLK (S.D. Fla. Apr. 11, 2018), representing investors allegedly misled by certain assertions made by Centra Tech and spokespersons hired by the company.
For more information about the Paragon Coin lawsuit, please contact Levi & Korsinsky attorneys Eduard Korsinsky, Rosemary M. Rivas, Donald J. Enright and John A. Carriel.

ABAX class action investigation Levi & Korsinsky

Class Action News

ABAX Class Action Investigation Commences

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To: All Persons or Entities who purchased Abaxis, Inc. (“Abaxis” or the “Company”) (NASDAQ: ABAX) stock prior to May 16, 2018You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Abaxis to Zoetis Inc. (NYSE: ZTS) for $83 per share. To learn more about the Abaxis class action investigation and your rights, go tohttp://www.zlk.com/mna/abaxis-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of Abaxis breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Zoetis Inc. is underpaying for Abaxis shares, thus unlawfully harming Abaxis shareholders.

Fro more information on the ABAX class action investigation, contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


FLEX class action Levi & Korsinsky

Class Action News

FLEX Class Action Commences

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May 15, 2018

To: All persons or entities who purchased or otherwise acquired securities of Flex Ltd. (“Flex”) (NASDAQ: FLEX) between January 26, 2017 and April 26, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information on the Flex class action lawsuit, go to: http://www.zlk.com/pslra-d/flex-ltd-2 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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MOH class action Levi & Korsinsky

Class Action News

MOH Class Action Lawsuit Commences

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May 14, 2018

To: All persons or entities who purchased or otherwise acquired securities of Molina Healthcare, Inc. (“Molina Healthcare, Inc.”) (NYSE: MOH) between October 31, 2014 and August 2, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information on the Molina class action lawsuit, go to: http://www.zlk.com/pslra-d/molina-healthcare-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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PPG class action investigation Levi & Korsinsky

Class Action News

PPG Class Action Investigation Commences

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May 11, 2018

Levi & Korsinsky announces it has commenced an investigation of PPG Industries, Inc. (“PPG” or “the Company”) (NYSE: PPG) concerning possible violations of federal securities laws. On April 19, 2018, PPG issued a press release disclosing it had received a report concerning possible violations of its accounting policies and the identification of approximately $1.4 million of expenses that should have been accrued in the first quarter. Then on May 10, 2018, PPG announced that certain previously issued financial statements could no longer be relied upon. As part of the investigation, the Company also determined that “certain improper accounting entries were made by certain employees at the direction of the Company’s former vice president and controller,” whose employment was terminated. To obtain additional information on the PPG class action investigation, go tohttp://www.zlk.com/pslra-d/ppg-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the PPG investigation, contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


FLR class action investigation Levi & Korsinsky

Class Action News

FLR Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Fluor Corporation (“Fluor” or “the Company”) (NYSE: FLR) concerning possible violations of federal securities laws. On May 3, 2018, Fluor issued a press release announcing its first quarter 2018 financial results, disclosing an after-tax charge of approximately $96 million for forecast revision on a gas-fired power project. The Company revised its 2018 guidance for Earnings Per Share to a range of $2.10 to $2.50 per diluted share. Following this news, shares of Fluor fell more than 22% to close at $45.76 per share on May 4, 2018. To obtain additional information on the Fluor class action investigation (FLR class action investigation), go tohttp://www.zlk.com/pslra-d/fluor-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


UNM class action investigation Levi & Korsinsky

Class Action News

UNM Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Unum Group (“Unum” or “the Company”) (NYSE: UNM) concerning possible violations of federal securities laws. On May 1, 2018, Unum issued a press release announcing its first quarter 2018 financial results, disclosing that “The interest adjusted loss ratio for the long-term care line of business was 96.6 percent in the first quarter of 2018, compared to the 88.6 percent in the first quarter of 2017, due primarily to higher claims incidence.” To obtain additional information on the Unum class action investigation (UNM class action investigation), go tohttp://www.zlk.com/pslra-d/unum-group or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


SYMC class action investigation Levi & Korsinsky

Class Action News

SYMC Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Symantec Corp. (“Symantec” or “the Company”) (NASDAQGS: SYMC) concerning possible violations of federal securities laws. On May 10, 2018, Symantec announced the commencement of an internal investigation “in connection with concerns raised by a former employee.” Following this news, shares of Symantec were down more than 19% during extended hours trading. To obtain additional information on the Symantec class action investigation (SYMC class action investigation), go tohttp://www.zlk.com/pslra-d/symantec-corp or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Symantec investigation (SYMC investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


KLIC class action investigation Levi & Korsinsky

Class Action News

KLIC Class Action Lawsuit Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Kulicke and Soffa Industries, Inc. (“Kulicke and Soffa” or “the Company”) (NASDAQGS: KLIC) concerning possible violations of federal securities laws. On May 10, 2018, Kulicke and Soffa issued a press release disclosing it will not file its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission in a timely manner. The Company stated it had “learned of certain unauthorized transactions by a senior finance employee of the Company” and has begun an investigation with the assistance of outside advisors. Kulicke and Soffa has also discovered “that certain warranty accruals in prior periods had been accounted for incorrectly and therefore misstated.” To obtain additional information on the Kulicke and Soffa class action investigation (KLIC class action investigation), go tohttp://www.zlk.com/pslra-d/kulicke-and-soffa-industries-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

LC Class Action Lawsuit Commences

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May 10, 2018

To: All persons or entities who purchased or otherwise acquired securities of LendingClub Corporation (“LendingClub”) (NYSE: LC) between February 28, 2015 and April 25, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information on the LendingClub class action lawsuit, (LC class action lawsuit) go to: http://www.zlk.com/pslra-d/lendingclub-lc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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GSUM class action Levi & Korsinsky

Class Action News

GSUM Class Action Lawsuit Commences

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May 4, 2018

To: All persons or entities who purchased or otherwise acquired securities of Gridsum Holding Inc. (“Gridsum”) (NASDAQ: GSUM). You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the Gridsum class action lawsuit (GSUM class action lawsuit) go to: http://www.zlk.com/pslra-d/gridsum-holding-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Rosemary M. Rivas Levi & Korsinsky

Class Action News

Levi & Korsinsky Partner Receives CLAY Award

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May 2, 2018

Levi & Korsinsky, LLP Partner Rosemary M. Rivas  honored on March 20, 2018 by the California Daily Journal with a California Lawyer Attorney of the Year (CLAY) Award based on her work in In re: Volkswagen “Clean Diesel” MDL, which resulted in unprecedented settlements exceeding $14 billion dollars.  The CLAY awards are given annually to outstanding California practitioners “whose extraordinary work and cases had a major impact on the law.”

The Daily Journal wrote that the Volkswagen litigation “involved a world-renowned auto company mired in scandal, a third-party technology company that helped orchestrate one of the largest regulation-evading fraud schemes in history, and thousands of consumers and car dealerships stuck with defective vehicles they could not drive without violating the law.” More than 95 percent of Class members participated in the buyback/repair programs as a result of the case and more than $9 billion in payments have been made.

Congratulations to Rosemary M. Rivas for her outstanding work on the Volkswagen litigation.


MIC class action Levi & Korsinsky

Class Action News

MIC Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Macquarie Infrastructure Corporation (“Macquarie”) (NYSE: MIC) between February 22, 2016 and February 21, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the Macquarie class action lawsuit (MIC class action lawsuit) go to: http://www.zlk.com/pslra-d/macquarie-infrastructure-corporation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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EDGE class action lawsuit Levi & Korsinsky

Class Action News

EDGE Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Edge Therapeutics, Inc. (“Edge Therapeutics”) (NASDAQ: EDGE) between December 29, 2017 and March 27, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information on the Edge Therapeutics class action (EDGE class action lawsuit), go to: http://www.zlk.com/pslra-d/edge-therapeutics-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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SPB class action investigation Levi & Korsinsky

Class Action News

SPB Class Action Investigation Commences

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May 1, 2018

Levi & Korsinsky announces it has commenced an investigation of Spectrum Brands Holdings, Inc. (“Spectrum” or “the Company”) (NYSE: SPB) concerning possible violations of federal securities laws. On April 26, 2018, Spectrum issued a press release disclosing disappointing second quarter 2018 results, and that the Company had lowered its fiscal year 2018 adjusted EBITDA guidance from $657-$674 million to $600-$617. In the same release, Spectrum announced that Executive Chairman David M. Maura was named Chief Executive Officer, effective immediately. Maura stated that the Company faced “challenges related to our two greenfield manufacturing and distribution projects.” To obtain additional information on the Spectrum class action investigation (SPB class action investigation), go tohttp://www.zlk.com/pslra-d/spectrum-brands-holdings-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Spectrum investigation (SPB investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Flex class action investigation Levi & Korsinsky

Class Action News

Flex Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Flex Ltd. (“Flex” or “the Company”) (NASDAQGS: FLEX) concerning possible violations of federal securities laws. On April 26, 2018, Flex issued a press release disclosing allegations by a former employee that the Company “improperly accounted for obligations in a customer contract and certain related reserves.” The Company further announced that its Audit Committee was undertaking an investigation of the matter “with the assistance of independent outside counsel.” To obtain additional information on the Flex class action investigation, go tohttp://www.zlk.com/pslra-d/flex-ltd or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Flex investigation, contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


LYV class action Levi & Korsinsky

Class Action News

LYV Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Live Nation Entertainment, Inc. (“Live Nation”) (NYSE: LYV) between February 23, 2017 and March 30, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Central District of California. To get more information on the Live Nation class action lawsuit (LYV class action lawsuit), go to: http://www.zlk.com/pslra-d/live-nation-class-action or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Switch class action investigation Levi & Korsinsky

Class Action News

SWCH Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Switch, Inc. (“Switch” or “the Company”) (NYSE: SWCH) concerning possible violations of federal securities laws. The investigation concerns whether the Company’s filings with the U.S. Securities and Exchange Commission in connection with its October 2017 initial public offering (the “IPO”) contained untrue statements of material facts or omitted material information. To obtain additional information on the Switch class action investigation (SWCH class action investigation), go tohttp://www.zlk.com/pslra-d/switch-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

For more information on the Switch investigation (SWCH investigation), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Class Action News

ALGT Class Action Lawsuit Commences

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April 30, 2018

To: All persons or entities who purchased or otherwise acquired securities of Allegiant Travel Company (“Allegiant”) (NASDAQ: ALGT) between June 8, 2015 and April 13, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information on the Allegiant class action lawsuit (ALGT class action lawsuit), go to: http://www.zlk.com/pslra-d/allegiant-travel-company or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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MYGN class action lawsuit Levi & Korsinsky

Class Action News

MYGN Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Myriad Genetics, Inc. (“Myriad”) (NASDAQ: MYGN) between August 13, 2014 and March 12, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Utah. To get more information on the Myriad Genetics class action lawsuit (MYGN class action lawsuit), go to: http://www.zlk.com/pslra-d/myriad-genetics-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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SCAS 50 2017 Levi & Korsinsky

Class Action News

Levi & Korsinsky Named in the SCAS 50 2017

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April 26, 2018

Levi & Korsinsky is proud to once again be named in the ISS Securities Class Action Services (SCAS) Top 50 report for the year 2017, creating millions of dollars in value for our clients nationwide and continuing its long history of obtaining precedent setting decisions. The SCAS 50 lists the top 50 plaintiffs’ law firms ranked by the total dollar value of final securities class action settlements occurring in 2017 in which the law firm served as lead or co-lead counsel.

 

Per the report: “For calendar 2017, ISS Securities Class Action Services LLC (“SCAS”) recorded 162 approved securities class action settlements within North America. Collectively, 2017 delivered $2.1 billion in settlement funds for distribution, a marked decrease from the $7 billion recovered in 2016 and the lowest yearly total since the early 2000’s. However, new cases filed in 2017 were significantly higher than the previous year. Underscoring the year-over-year ebb and flow in the value of North American class action settlements, a sizeable $3.5 billion in settlement funds has thus far been announced in 2018. In fact, one U.S. settlement announced in early 2018, Petrobras, ranks among the top five securities class action recoveries of all time.

 

Of the 162 settlements tracked by SCAS in 2017, 113 cases had results with monetary shareholder recoveries. The SCAS Top 50 analysis shows just one plaintiffs’ law firm surpassed the $500 million threshold, while 11 law firms surpassed the $100 million mark. Of the 113 approved settlements, 76 settlements were alleged violations of Rule 10b-5 of the Securities and Exchange Act of 1934 (Employment of Manipulative and Deceptive Practices) and 31 settlements were alleged violations of the Securities Act of 1933 (Civil Liabilities on Account of False Registration Statement). In addition, a total of 35 cases pertain to Initial Public Offering (IPO) and Public Offering actions, while 13 relate to violation of Generally Accepted Accounting Principles (GAAP). Finally, Merger and Acquisition (M&A) and Insider Trading (IT) show a total of 12 and four settlements, respectively. To be clear, securities class action cases, and settlements, can have multiple allegations and thus these totals surpass the total number of approved settlements.”

Click Here to view the SCAS’ Top 50 for 2017.


Mercury Systems class action investigation Levi & Korsinsky

Class Action News

Mercury Systems Class Action Investigation Commences

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April 25, 2018

Levi & Korsinsky announces it has commenced an investigation of Mercury Systems, Inc. (“Mercury Systems” or “the Company”) (NASDAQGS: MRCY) concerning possible violations of federal securities laws. On April 24, 2018, after the market closed, Mercury Systems released its Q3 2018 financial results. The next day, Mercury Systems shares were down more than 9% on intraday trading. To obtain additional information on the Mercury Systems class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Aceto class action Levi & Korsinsky

Class Action News

Aceto Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired common stock of Aceto Corporation (NASDAQGS: ACET) between August 25, 2017 and April 18, 2018. You are hereby notified that Levi & Korsinsky has commenced the class action Mulligan v. Aceto Corporation (Case No. 9:18-cv-02425) in the USDC for the Eastern District of New York. To get more information on the Aceto class action go tohttp://www.zlk.com/pslra-d/aceto-corporation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Edge Therapeutics class action investigation Levi & Korsinsky

Class Action News

Edge Therapeutics Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Edge Therapeutics, Inc. (“Edge Therapeutics” or “the Company”) (NASDAQGS: EDGE) concerning possible violations of federal securities laws. On March 28, 2018, Edge Therapeutics disclosed “that a pre-specified interim analysis on data from the Day 90 visit of the first 210 subjects randomized and treated in the Phase 3 NEWTON 2 study of EG-1962 demonstrated a low probability of achieving a statistically-significant difference compared to the standard of care in the study’s primary endpoint, if the study is fully enrolled.” As a result, the Data Monitoring Committee “recommended that the study be stopped based on its conclusion that the study has a low probability of meeting its primary endpoint.” Based on the DMC recommendation, Edge Therapeutics decided to discontinue the Phase 3 NEWTON 2 study. Upon this news, shares of Edge Therapeutics fell from a close of $15.59 on March 27, 2018, to a close of $1.31 per share on March 28, 2018. To obtain additional information on the Edge Therapeutics class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Macquarie class action investigation Levi & Korsinsky

Class Action News

Macquarie Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Macquarie Infrastructure Corporation (“Macquarie” or “the Company”) (NYSE: MIC) concerning possible violations of federal securities laws. On February 21, 2018, Macquarie announced it would slash its dividend and that it had lost International-Matex Tank Terminals (“IMTT”) contracts. During a conference call on February 22, 2018, CEO Christopher Frost said “a number of customers terminated contracts for a significant amount of 6 oil capacity at IMTT’s facility in St. Rose. Not only did they terminate those contracts, in some cases, they shut down their operations and exited the industry. Many of these firms have been long term customers of IMTT.”  Shares of Macquarie fell from a close of $63.62 on February 21, 2018, to a close of $37.41 on February 22, 2018. To obtain additional information on the Macquarie class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

 


Gridsum class action Levi & Korsinsky

Class Action News

Gridsum Class Action Investigation Commences

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April 23, 2018

Levi & Korsinsky announces it has commenced an investigation of Gridsum Holding Inc. (“Gridsum” or “the Company”) (NASDAQGS: GSUM) concerning possible violations of federal securities laws. On April 23, 2018, Gridsum filed a press release announcing its audit report for the Company’s financial statements for the year ended December 31, 2016 should no longer be relied upon. According to the release, the Company’s auditor had determined the presence of “certain issues” relating to “revenue recognition, cash flow, cost, expense items, and their underlying documentation.” Upon this news, shares of Gridsum were down more than 41% on intraday trading on April 23, 2018. To obtain additional information on the Gridsum class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Aceto class action investigation Levi & Korsinsky

Class Action News

Aceto Class Action Investigation Commences

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April 19, 2018

Levi & Korsinsky announces it has commenced an investigation of Aceto Corporation (“Aceto” or “the Company”) (NASDAQGS: ACET) concerning possible violations of federal securities laws. On April 18, 2018, Aceto issued a press release announcing that “the financial guidance issued on February 1, 2018, should no longer be relied upon.” The Company also announced that it anticipates recording “non-cash intangible asset impairment charges, including goodwill, in the range of $230 million to $260 million on certain currently marketed and pipeline generic products as a result of continued intense competitive and pricing pressures.” Following this news, shares of Aceto were down more than 63% on intraday trading on April 19, 2018. To obtain additional information on the Aceto class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Overstock.com class action Levi & Korsinky

Class Action News

Overstock.com Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Overstock.com, Inc. (“Overstock”) (NASDAQ: OSTK) between August 3, 2017 and March 26, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Utah. To get more information on the Overstock.com class action lawsuit go to: http://www.zlk.com/pslra-d/overstock-com-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Synacor class action Levi & Korsinky

Class Action News

Synacor Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Synacor, Inc. (“Synacor”) (NASDAQ: SYNC) between May 4, 2016 and March 15, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of New York. To get more information on the Synacor class action lawsuit go to: http://www.zlk.com/pslra-d/synacor-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Colony Northstar class action Levi & Korsinsky

Class Action News

Colony Northstar Class Action Lawsuit Commences

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April 18, 2018

To: All persons or entities who purchased or otherwise acquired securities of Colony NorthStar, Inc. (“Colony NorthStar”) (NYSE: CLNS) between February 28, 2017 and March 1, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information on the Colony Northstar class action lawsuit go to: http://www.zlk.com/pslra-d/colony-northstar-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Ericsson class action lawsuit Levi & Korsinsky

Class Action News

Ericsson Class Action Lawsuit Commences

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All persons or entities who purchased or otherwise acquired securities of Telefonaktiebolaget LM Ericsson (“Ericsson”) (NASDAQ: ERIC) between April 8, 2013 and July 17, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the Ericsson class action lawsuit go to: http://www.zlk.com/pslra-d/telefonaktiebolaget-lm-ericsson, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Synacor class action investigation Levi & Korsinsky

Class Action News

Synacor Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Synacor, Inc. (“Synacor” or “the Company”) (NASDAQGM: SYNC) concerning possible violations of federal securities laws. On May 4, 2016, Synacor announced it had secured a three-year contract with AT&T Inc. to host web and mobile services. On August 9, 2017, Synacor issued a press release announcing that “The joint AT&T-Synacor team has made the strategic decision to prioritize portal engagement right now over monetization.” In the press release, Synacor CEO Himesh Bhise was quoted as stating that “a significant portion of the revenue that we were expecting in Q3 and Q4 this year is delayed to 2018, and we are adjusting our financial guidance for 2017 accordingly.” Then on March 15, 2018, the Company held a conference call during which Bhise noted that given the focus on engagement, “in the last three quarters of 2017, we generated approximately $25 million in revenue from AT&T” and that “Clearly, this forecast is below the $100 million annual revenue target that AT&T and Synacor announced when we first discussed the portal contract…”. Following this news, shares of Synacor fell more than 14% to close at $1.75 on March 16, 2018. To obtain additional information on the Synacor class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit zlk.com.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Overstock.com class action investigation Levi & Korsinsky

Class Action News

Overstock.com Class Action Investigation Commences

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Levi & Korsinsky announces it has commenced an investigation of Overstock.com, Inc. (“Overstock” or “the Company”) (NASADAQGM: OSTK) concerning possible violations of federal securities laws. On March 1, 2018, Overstock announced that the Securities and Exchange Commission (“SEC”) had requested information about its initial coin offering. Then, on March 15, 2018, the Company stated that “the investigation could result in a delay of the tZero security token offering, negative publicity for tZero or us, and may have a material adverse effect on us or on the current and future business ventures of tZero.” Overstock also disclosed that the SEC was conducting an examination of advisers at tZERO. To obtain additional information on the Overstock.com class action investigation, contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit zlk.com.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.


Longfin class action Levi & Korsinsky

Class Action News

Longfin Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Longfin Corp. (“Longfin”) (NASDAQ: LFIN) between December 13, 2017 and April 2, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the Longfin class action lawsuit go to: http://www.zlk.com/pslra-d/longfin-corp, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Longfin class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Longfin had material weaknesses in its operations and internal controls that hindered the Company’s profitability; (ii) Longfin did not meet the requirements for inclusion in Russell indices; and (iii) as a result of the foregoing, the Defendants’ public statements were materially false and misleading at all relevant times.

 

If you suffered a loss in Longfin you have until June 4, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


TrueCar class action Levi & Korsinsky

Class Action News

TrueCar Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of TrueCar, Inc. (“TrueCar”) (NASDAQ: TRUE) between February 16, 2017 and November 6, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information on the TrueCar class action lawsuit go to: http://www.zlk.com/pslra-d/truecar-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Patterson Companies class action Levi & Korsinsky

Class Action News

Patterson Companies Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Patterson Companies, Inc. (“Patterson”) (NASDAQ: PDCO) between June 26, 2015 and February 28, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Minnesota. To get more information on the Patterson Companies class action lawsuit go to: http://www.zlk.com/pslra-d/patterson-companies-inc-2, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Patterson Companies class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Defendants were engaged in a fraudulent and illegal price-fixing conspiracy; (2) the Company’s revenue and earnings were fraudulently inflated by the illegal scheme; (3) the scheme was aimed at prohibiting sales to, and price negotiations by, group purchasing organizations (“GPOs”) that represented small and independent dental practices; (4) as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

 

If you suffered a loss in Patterson you have until May 29, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


Celgene class action lawsuit Levi & Korsinsky

Class Action News

Celgene Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Celgene Corporation (“Celgene”) (NASDAQ: CELG) between January 12, 2015 and February 27, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information on the Celgene class action lawsuit, go to: http://www.zlk.com/pslra-d/celgene-corporation, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Celgene class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1)  the trials for GED-0301 suffered from fatal design defects, such that GED-0301 had failed to demonstrate meaningful clinical efficacy; (3) the growth of Otezla sales had dramatically slowed during Celgene’s third fiscal quarter of 2017; and (4) the clinical and nonclinical pharmacology data in Celgene’s new drug application (“NDA”) for Ozanimod were insufficient to permit a complete review by the FDA, which resulted in the FDA issuing a refusal to file letter to Celgene regarding the NDA.

 

If you suffered a loss in Celgene you have until May 29, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 


Solid Biosciences Class Action Lawsuit Levi & Korsinsky

Class Action News

Solid Biosciences Class Action Commences

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To: All persons or entities who purchased or otherwise acquired securities of Solid Biosciences Inc. (“Solid Biosciences”) (NASDAQ: SLDB) pursuant to the January 25, 2018 initial public offering and/or between January 25, 2018 and March 14, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Massachusetts. To get more information on the Solid Biosciences class action go to: http://www.zlk.com/pslra-d/solid-biosciences-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Solid Biosciences class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Solid Bioscience’s lead drug candidate, SGT-001, had a high likelihood of causing adverse events in patients; (2) the company misled investors regarding the toxicity of SGT-001; and (3) consequently, defendants’ statements in the Registration Statement regarding Solid Biosciences’ business, operations, and prospects were materially false and/or misleading.

 

If you suffered a loss in Solid Biosciences you have until May 29, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Facebook Class Action Lawsuit Commences

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April 17, 2018

To: All persons or entities who purchased or otherwise acquired securities of Facebook, Inc. (“FB”) (NASDAQ: FB) between February 3, 2017 and March 19, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information on the Facebook class action lawsuit go to: http://www.zlk.com/pslra-d/facebook-inc-3, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Facebook class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Facebook violated its own purported data privacy policies by allowing third parties to access the personal data of millions of Facebook users without the users’ consent; (ii) discovery of the foregoing conduct would foreseeably subject the Company to heightened regulatory scrutiny; and (iii) as a result, Facebook’s public statements were materially false and misleading at all relevant times.

 

If you suffered a loss in FB you have until May 21, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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A10 Networks Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of A10 Networks, Inc. (“A10”) (NYSE: ATEN) between February 9, 2016 and January 30, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information on the A10 Networks class action lawsuit go to: http://www.zlk.com/pslra-d/a10-networks-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The A10 Networks class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) A10 had issues with its internal controls that required an Audit Committee investigation; (2) A10’s revenues since the fourth quarter of 2015 were false due to improper revenue recognition, which prompted an investigation by the Company’s Audit Committee; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

 

If you suffered a loss in A10 you have until May 21, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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CEMEX Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) between August 14, 2014 and March 13, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the CEMEX class action lawsuit go to: http://www.zlk.com/pslra-d/cemex, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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BRF S.A. Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of BRF S.A. (“BRF”) (NYSE: BRFS) between April 4, 2013 and March 2, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information on the BRF S.A. class action lawsuit go to: http://www.zlk.com/pslra-d/brf-s-a, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Foot Locker Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Foot Locker, Inc. (“Foot Locker”) (NYSE: FL) between August 19, 2016 and August 17, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information about the Foot Locker class action go to: http://www.zlk.com/pslra-d/foot-locker-incor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Foot Locker class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Foot Locker’s vendors were transitioning to selling through various online retailers, diminishing the utility of Foot Locker’s large number of brick and mortar stores and the value of its exclusivity relationships with those vendors; (2) competition with online retailers had increased the pricing competition Foot Locker faced while also materially lowering the demand at Foot Locker stores; and (3) as a result of defendants’ failure to disclose this information, Foot Locker stock was artificially inflated to a high of $79.20 per share during the Class Period, while executives were able to sell over 192,000 shares of their personally held Foot Locker stock at artificially inflated prices.

 

If you suffered a loss in Foot Locker you have until May 8, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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WageWorks Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of WageWorks, Inc. (“WageWorks”) (NYSE: WAGE) between May 6, 2016 and March 1, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information about the WageWorks class action go to: http://www.zlk.com/pslra-d/wageworks-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The WageWorks class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) there were material weaknesses in WageWorks’ systems of internal controls and that its practices and controls were ineffective; (2) WageWorks failed to adequately manage and assess risk relating to certain complex transactions, including certain government contracts; (3) WageWorks improperly recognized revenue thereby inflating its earnings and related financial metrics; and (4) as a result, WageWorks’ financial statements were materially false and misleading at all relevant times.

 

If you suffered a loss in WageWorks you have until May 8, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Akorn Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Akorn, Inc. (“Akorn”) (NASDAQ: AKRX) between March 1, 2017 and February 26, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Illinois. To get more information about the Akorn class action lawsuit go to: http://www.zlk.com/pslra-d/akorn-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Akorn class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s failure to comply with FDA data integrity requirements would jeopardize Fresenius’ acquisition of the Company; (2) the Company lacked effective internal controls over financial reporting; and (3) as a result, the Company’s financial statements were materially false and misleading at all relevant times.

 

If you suffered a loss in Akorn you have until May 7, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Henry Schein Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Henry Schein, Inc. (“Henry Schein”) (NASDAQ: HSIC) between March 7, 2013 and February 12, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information about the Henry Schein class action lawsuit go to: http://www.zlk.com/pslra-d/henry-schein-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Henry Schein class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Henry Schein was engaging in unethical, anti-competitive behavior through agreements with Benco Dental Supply Company and Patterson Companies, Inc., in violation of United States antitrust laws; (2) Henry Schein engaged in such behavior, in part, to help maintain profitability in a consolidating health care industry; (3) these violations of U.S. antitrust laws would result in heightened scrutiny by the federal government and a lawsuit filed by the Federal Trade Commission (“FTC”); (4) Henry Schein failed to maintain adequate internal controls; and (5) as a result, defendants’ statements about Henry Schein’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

 

If you suffered a loss in Henry Schein you have until May 7, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


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Atlas Financial Holdings Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Atlas Financial Holdings, Inc. (“Atlas Financial”) (NASDAQ: AFH) between March 13, 2017 and March 2, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information about the Atlas Financial Holdings class action go to: http://www.zlk.com/pslra-d/atlas-financial-holdings-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Atlas Financial class action lawsuit complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to employ internal controls to ensure appropriate accounting practices; including, but not limited to, the calculation of certain loss reserves; (2) as a result, the Company’s internal controls over financial reporting were materially weak; (3) as a result the Company’s financial statements were inaccurate and misleading; and (4) as a result of the foregoing, Defendants’ statements about Atlas Financial’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

 

If you suffered a loss in Atlas Financial you have until May 4, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 


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Grupo Televisa Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Grupo Televisa S.A.B. (“Grupo Televisa”) (NYSE: TV) between April 11, 2013 and January 25, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the Grupo Televisa class action lawsuit, go to: http://www.zlk.com/pslra-d/grupo-televisa-s-a-b or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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Ulta Beauty Class Action Lawsuit Commences

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To: All persons or entities who purchased or otherwise acquired securities of Ulta Beauty, Inc. (“Ulta Beauty”) (NASDAQ: ULTA) between March 30, 2016 and February 23, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. To get more information about the Ulta Beauty class action lawsuit go to: http://www.zlk.com/pslra-d/ulta-beauty-inc, or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Ulta Beauty class action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company was engaged in the widespread practice of repackaging returned cosmetics and re-shelving them alongside unblemished products to sell at full retail price; and (ii) that as a result of the foregoing, Ulta Beauty’s public statements were materially false and misleading at all relevant times. On February 23, 2018, CBS News published a story on the alleged restocking practice, citing a former employee who alleged that managers pressured store employees to clean and repackage returned cosmetics “to keep the dollar amount for damaged or returned goods down.”

 

If you suffered a loss in Ulta Beauty you have until May 1, 2018 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.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.