NEW YORK, NY / ACCESSWIRE / June 29, 2018 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Ormat Technologies, Inc. (NYSE: ORA) between August 8, 2017 and May 15, 2018, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Ormat investors under the federal securities laws.

To join the Ormat class action, go to http://pawarlawgroup.com/cases/ormat-technologies-inc/ or call Vik Pawar toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) there were errors in the income tax provision primarily relating to Ormat’s valuation allowance based on its ability to utilize foreign tax credits in the U.S. prior to their expiration; (2) Ormat netted certain deferred income tax assets and deferred income tax liabilities across different tax jurisdictions that are not permitted to be netted pursuant to the United States generally accepted accounting principles; (3) Ormat’s internal controls over financial reporting were ineffective; (4) Ormat would need to restate its second, third and fourth quarter 2017 financial statements and its full-year 2017 financial statements; and (5) as a result, defendants’ statements about Ormat’s business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2018. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/ormat-technologies-inc/ to join the class action. You may also contact Vik Pawar of Pawar Law Group toll-free at 888-589-9804 or via email at vik@pawarlawgroup.com.

Pawar Law Group represents from around the world.

CONTACT:

Vik Pawar, Esq.
Pawar Law Group P.C
20 Vesey Street Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Toll-Free: 888-589-9804
Fax: (212) -571-0938

SOURCE: Pawar Law Group

ReleaseID: 504206

NEW YORK, NY / ACCESSWIRE / June 29, 2018 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of China Auto Logistics Inc. (NASDAQ: CALI) from March 28, 2017 through April 13, 2018, both dates inclusive (“Class Period”). The lawsuit seeks to recover damages for China Auto investors under the federal securities laws.

To join the China Auto class action, go to http://pawarlawgroup.com/cases/china-auto-logistics-inc/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) China Auto failed to maintain adequate internal controls over identifying and reporting certain relationships and related transactions; and (2) as a result, defendants’ public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 6, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/china-auto-logistics-inc/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar of Pawar Law Group toll free at 888-589-9804 or via email at vik@pawarlawgroup.com.

Pawar Law Group represents investors from around the world.

Vik Pawar, Esq.
Pawar Law Group P.C
20 Vesey Street Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Toll Free: 888-589-9804
Fax: (212) -571-0938
vik@pawarlawgroup.com
www.pawarlawgroup.com

SOURCE: Pawar Law Group

ReleaseID: 504207

NEW YORK, NY / ACCESSWIRE / June 29, 2018 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of PPG Industries, Inc. (NYSE: PPG) from April 24, 2017 through May 10, 2018, both dates inclusive (“Class Period”). The lawsuit seeks to recover damages for PPG investors under the federal securities laws.

To join the PPG class action, go to http://pawarlawgroup.com/cases/ppg-industries-inc/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) PPG’s consolidated financial statements for the year ended December 31, 2017 and the quarterly financial statements of 2017 contained improper accounting entries and could no longer be relied upon; (2) PPG failed to maintain adequate internal controls; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/ppg-industries-inc/ to join the class action. You may also contact Vik Pawar of Pawar Law Group toll free at 888-589-9804 or via email at vik@pawarlawgroup.com.

CONTACT:

Vik Pawar, Esq.
Pawar Law Group P.C
20 Vesey Street Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Toll Free: 888-589-9804
Fax: (212) -571-0938

SOURCE: Pawar Law Group

ReleaseID: 504208

NEW YORK, NY / ACCESSWIRE / June 29, 2018 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of PG&E Corporation (NYSE: PCG) from April 29, 2015 through June 8, 2018, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for PG&E investors under the federal securities laws.

To join the PG&E class action, go to http://pawarlawgroup.com/cases/pge-corporation/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) PG&E had failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; (2) consequently, PG&E was in violation of state law regulation; (3) PG&E’s electricity networks would cause numerous wildfires in California; and (4) as a result, defendants’ statements about PG&E’s business and operations were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 13, 2018. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/pge-corporation/ to join the class action. You may also contact Vik Pawar of Pawar Law Group toll-free at 888-589-9804 or via email at vik@pawarlawgroup.com.

Pawar Law Group represents investors from around the world.

Vik Pawar, Esq.
Pawar Law Group P.C
20 Vesey Street Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Toll-Free: 888-589-9804
Fax: (212) -571-0938

SOURCE: Pawar Law Group

ReleaseID: 504205

LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / TheSchall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of InnerWorkings, Inc. (“InnerWorkings” or the “Company”) (NASDAQ: INWK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On May 7, 2018, Innerworkings announced that it was “postponing the release of its first quarter 2018 financial results and conference call due to errors in its historical financial statements identified during the course of its first quarter financial reporting close process.” At the same time, the company announced, “will be restating its financial statements for the years ended December 31, 2017, 2016, and 2015, and all interim periods within those years.” Based on these announcements, shares of Innerworkings stock fell substantially during after-hours trading on May 7, 2018, and have continued to fall throughout the day on May 8, 2018.

If you are a shareholder who suffered a loss, click here toparticipate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email atbrian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.

SOURCE: The Schall Law Firm

ReleaseID: 504200

LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Unum Group (“Unum” or the “Company”) (NYSE: UNM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On May 1, 2018, Unum issued a press release titled, “Unum Group& Reports First Quarter 2018 Results,” which included the fact that the loss ratio for the Company’s long-term care division was 96.6% in the first quarter of 2018, as opposed to 88.6% for the first quarter of 2017. On May 2, 2018, Unum’s Chief Financial Officer, John F. McGarry, stated, “benefits experience this quarter was driven by new claim incidence that ran much higher than expected,” adding that “the higher loss ratio this quarter was negatively impacted by a lower level of policy terminations.” McGarry also said, “we continue to experience a high level of volatility in this line and expect it will continue in the future.” Based on the press release and subsequent call, Unum’s share price fell 16.95%, or $8.12 per share, to close at $39.78 on May 2, 2018.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.

SOURCE: The Schall Law Firm

ReleaseID: 504197

LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Kulicke and Soffa Industries, Inc. (” Kulicke and Soffa” or ”the Company”) (NASDAQ: KLIC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between November 16, 2017, and May 10, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before July 10, 2018.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, Kulicke and Soffa made false and misleading statements to the marketplace. The Company’s consolidated financial statements for the fiscal year ending September 30, 2017, were not reliable due to misstated warranty accruals. As a result, the Company’s financial statements were materially false and misleading throughout the class period and did not accurately reflect the results of business operations and the financial health of Kulicke and Soffa. According to the lawsuit, when accurate information about the Company became apparent in the market, investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
Sherin Mahdavian, Esq.,
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 504201

LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Flex Ltd. (“Flex” or the “Company”) (NASDAQ: FLEX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On April 26, 2018, Flex released its fourth quarter and March 31, 2018, end of year financial results. As part of its release, Flex stated that the “Audit Committee of the Company’s Board of Directors, with the assistance of independent outside counsel, is undertaking an independent investigation of allegations made by an employee including that the Company improperly accounted for obligations in a customer contract and certain related reserves. The independent outside counsel also notified the San Francisco office of the Securities and Exchange Commission of the allegations and that it will report the findings of the independent investigation upon its conclusion.”

Before the market opened on April 27, 2018, MarketWatch reported that Flex shares “plunged 19% toward a 1 1/2-year low early Friday, to pace all the premarket decliners, after the contract manufacturer missed profit expectations, provided a downbeat outlook and said it was investigating allegations of improper accounting.”

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
Schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 504195

LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against PPG Industries, Inc. (”PPG” or ”the Company”) (NYSE: PPG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between April 24, 2017 and May 10, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before July 19, 2018.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, PPG made false and misleading statements to the marketplace. It states that the Company’s consolidated financial statements for the year ending December 31, 2017, and the quarterly statements of 2017 all contained improper accounting entries and could not be relied upon by the investing public. PPG also failed to sustain appropriate internal controls. As a result, the Company’s financial statements were materially false and misleading throughout the class period and did not accurately reflect the results of business operations and the financial health of PPG. According to the lawsuit, when accurate information about PPG became apparent in the market, investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 504198

LOS ANGELES, CA / ACCESSWIRE / June 29, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Flex Pharma, Inc. (“Flex Pharma” or ”the Company”) (NASDAQ: FLKS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between November 6, 2017, and June 12, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before August 20, 2018.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market throughout the class period. Flex Pharma was overly optimistic regarding the approval chance and viability of FLX-787, its potential product for the treatment of ALS and CMT. This resulted in the Company making materially false and misleading public statements. When the market learned the true details about Flex Pharma, investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
Sherin Mahdavian, Esq.,
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 504196