IRVINE, CA / ACCESSWIRE / September 28, 2016 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Tokai Pharmaceuticals, Inc. (“Tokai” or the “Company”) (Nasdaq: TKAI). Investors who purchased or otherwise acquired shares between June 24, 2015 and July 25, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the September 30, 2016 lead plaintiff motion deadline.

If you purchased shares of Tokai during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The complaint alleges that during the Class Period, Tokai made false and misleading statements and/or failed to disclose that: there were significant structural problems with the trial design for its Phase 3 galeterone study, ARMOR3-SV; that ARMOR3-SV was unlikely to succeed in meeting its primary endpoint; the commercialization of galeterone was less likely than investors were led to believe; and as a result of the above, the Company’s statements about its business, operations, and prospects were false and misleading at all relevant times.

If you want to learn more about this lawsuit, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 446166

IRVINE, CA / ACCESSWIRE / September 28, 2016 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Concordia International Corp. (“Concordia” or the “Company”) (Nasdaq: CXRX). Investors, who purchased or otherwise acquired shares between November 12, 2015 and August 12, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the October 14, 2016 lead plaintiff motion deadline.

If you purchased shares of Concordia during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The complaint alleges that during the Class Period, Concordia made false and misleading statements and/or failed to disclose: that Concordia was facing increased market competition against its drug Donnatal and other products; that the Company’s financial results would suffer and thus it would be forced to suspend its dividend; and that as a result of the above, Concordia’s statements about its business, operations and prospects were false and misleading and/or lacked a reasonable basis. On August 12, 2016, Concordia announced that it would lower its 2016 guidance due to unexpected competition and current foreign exchange rates. The Company also announced that CFO Adrian de Saldanha was leaving and that the Board unanimously agreed to suspend the Company’s quarterly dividend. When this news was announced, the stock price of Concordia dropped, which caused investors harm.

If you wish to learn more about this lawsuit, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 446163

IRVINE, CA / ACCESSWIRE / September 28, 2016 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit was filed against Northern Oil and Gas, Inc. (“Northern Oil” or the “Company”) (NYSE MKT: NOG). Investors who purchased or otherwise acquired shares between March 1, 2013 and August 15, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the October 17, 2016 lead plaintiff motion deadline.

If you purchased shares of Northern Oil during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The complaint alleges that during the Class Period, Northern Oil made false and misleading statements and/or failed to disclose: that Northern Oil’s compliance policies with respect to Securities and Exchange Commission (“SEC”) regulations and the Company’s Code of Business Conduct and Ethics were inadequate to detect and/or prevent misconduct by its officers; that Northern Oil’s CEO Michael Reger engaged in illegal stock manipulation during his tenure at Northern Oil; that Mr. Reger was thus unfit to serve as the Company’s CEO; and as a result of the above, Northern Oil’s public statements were materially false and misleading at all relevant times. On August 16, 2016, the Company fired Mr. Reger as CEO after he disclosed that he received an SEC notice of intent to bring enforcement action against him. When this information was disclosed to the public, the stock price of Northern Oil fell, thus causing investors harm.

If you wish to learn more about this lawsuit, or if you have questions regarding this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 446162

LOS ANGELES, CA / ACCESSWIRE / September 28, 2016 / Lundin Law PC (the “Firm”) announces a class action lawsuit was filed against SunPower Corporation (“SunPower” or the “Company”) (Nasdaq: SPWR) concerning possible violations of federal securities laws between February 17, 2016 and August 9, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the October 17, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The complaint alleges that through the Class Period, SunPower made false and misleading statements and/or failed to disclose: that many of the Company’s customers were adopting a longer-term timeline for project completion; that the Company’s near-term economic returns were deteriorating due to aggressive PPA pricing by new market entrants; that market disruption in the YieldCo environment was affecting SunPower’s assumptions related to monetizing deferred profits; that demand for the Company’s products was significantly declining; that the Company would implement a manufacturing realignment that would result in significant restructuring charges; that the Company’s fiscal year 2016 guidance was overstated; and as a result of the above, SunPower’s statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding the rights of shareholders.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 446161

LOS ANGELES, CA / ACCESSWIRE / September 28, 2016 / Lundin Law PC (the “Firm”) announces the filing of a class action lawsuit against Power Solutions International, Inc. (“PSI” or the “Company”) (Nasdaq: PSIX) concerning possible violations of federal securities laws between May 8, 2015 and August 15, 2016 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the October 21, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The complaint alleges that during the Class Period, PSI made false and misleading statements and/or failed to disclose that: PSI inappropriately recognized revenue for certain transactions; that the Company lacked adequate internal controls over financial reporting; and that as a result of the above, PSI’s public statements were materially false and misleading at all relevant times. On August 15, 2016, the Company announced that it would delay filing its Form 10-Q for the quarter ending June 30, 2016 because its financial statements were incomplete due to possible problems with certain transactions involving revenue recognition. When this information emerged to the public, PSI’s stock price fell, which caused investors harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 446160

NEW YORK, NY / ACCESSWIRE / September 28, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Twitter, Inc. (“Twitter”) (NYSE: TWTR) between February 6, 2015 and July 28, 2016. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Northern District of California. To get more information go to:

http://www.zlk.com/pslra/twitter-inc

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.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 concealed adverse facts they knew or deliberately disregarded, including: (a) that by early 2015, daily active users (“DAUs”) had replaced the timeline views metric as the primary user engagement metric tracked internally by Twitter management; (b) that the trend in user engagement growth was flat or declining; (c) that new product initiatives were not having a meaningful impact on Monthly Active Users (“MAUs”) or user engagement; (d) that Twitter’s stated “acceleration [in MAU growth]” was the result of low-quality MAU growth, and (e) that defendants lacked a basis for their previously issued projections of approximately 20% MAU growth and 550 million MAUs in the immediate term. As a result of defendants’ false statements and/or omissions, Twitter stock traded at artificially inflated prices during the Class Period, reaching a high of $52.87 per share.

If you suffered a loss in Twitter you have until November 15, 2016 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, New Jersey, 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.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 446159

NEW YORK, NY / ACCESSWIRE / September 28, 2016 / Levi & Korsinsky announces it has commenced an investigation of Advaxis, Inc. (NASDAQ: ADXS) concerning possible breaches of fiduciary duty by the board of directors of the company.

The investigation concerns the grant of an aggregate of 1,567,595 stock options to the Compensation Committee and to the executive officers and directors of Advaxis, Inc. in 2015. In particular, we are investigating whether there was an improper granting of “spring-loaded” stock options, as well as excessive and unfair compensation received by non-employee Board members.To obtain additional information, go to:

http://zlk.9nl.com/advaxis

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, 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.

CONTACT:

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 446158

RADNOR, PA / ACCESSWIRE / September 28, 2016 / Kessler Topaz Meltzer & Check, LLP reminds The Hain Celestial Group, Inc. (NASDAQ: HAIN) (“Hain” or the “Company”) investors that a class action lawsuit has been filed on behalf of purchasers of the Company’s securities between November 5, 2015 and August 16, 2016, inclusive (the “Class Period”).

DEADLINE REMINDER: Hain shareholders who purchased their securities during the Class Period may, no later than October 17, 2016, petition the Court to be appointed as a lead plaintiff representative of the class. For additional information please visit https://www.ktmc.com/new-cases/hain-celestial-group-inc#join.

Shareholders who wish to discuss their legal rights or interests with respect to this action are encouraged to contact Kessler Topaz Meltzer & Check (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 – 7706 or (610) 667 – 7706, or via e-mail at info@ktmc.com.

Hain manufactures, markets, distributes and sells organic and natural food and products. Founded in 1993, the Company sells its products in approximately 70 countries worldwide.

The shareholder class action complaint alleges that Hain and certain of its executive officers made a series of false and misleading statements and/or failed to disclose material adverse information to investors during the Class Period, including the following: (1) that the Company lacked adequate controls over financial reporting; (2) that the Company failed to correctly account for revenue associated with concessions granted to certain distributors in the United States; and (3) as a result of the foregoing, Hain’s public statements were materially false and misleading at all relevant times.

On August 15, 2016, Hain announced that it was delaying the release of its Fourth Quarter and Fiscal 2016 financial results, and that it expected to experience a delay in the filing of its Annual Report, after identifying “concessions that were granted to certain distributors in the United States.” The Company further announced that it was “evaluating whether the revenue associated with those concessions was accounted for in the correct period and is also currently evaluating its internal control over financial reporting.” Additionally, the Company disclosed that it did not expect to achieve its previously announced guidance for Fiscal 2016.

Following this news, shares of the Company’s stock declined $14.05 per share, or over 26%, to close on August 16, 2016 at $39.35 per share, on unusually heavy trading volume.

Hain shareholders may, no later than October 17, 2016, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. For additional information please visit https://www.ktmc.com/new-cases/hain-celestial-group-inc#join.

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Darren J. Check, Esq.
D. Seamus Kaskela, Esq.
Adrienne O. Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(888) 299-7706
(610) 667-7706
info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP

ReleaseID: 445597