Monthly Archives: July 2019

ROSEN, A LEADING LAW FIRM: Announces Securities Class Action Lawsuit Against FedEx Corporation Seeking Recovery of Investor Losses- FDX

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of FedEx Corporation (NYSE: FDX) from September 19, 2017 through December 18, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for FedEx investors under the federal securities laws.

To join the FedEx class action, go to http://www.rosenlegal.com/cases-register-1613.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) TNT Express N.V.’s (“TNT”) overall package volume growth was slowing as TNT’s large customers permanently took their business to competitors after its June 2017 cyberattack (the “Cyberattack”); (2) as a result of the customer attrition, TNT was experiencing an increased shift in product mix from higher-margin parcel services to lower-margin freight services; (3) the anticipated costs and timeframe to integrate and restore the TNT network were significantly larger and longer than disclosed; (4) FedEx was not on track to achieve TNT synergy targets; and (5) as a result of these undisclosed negative trends and cost issues, FedEx’s positive statements about TNT’s recovery from the Cyberattack, integration into FedEx’s legacy operations, customer mix, customer service levels, profitability, and prospects lacked a reasonable basis. 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 26, 2019. 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://www.rosenlegal.com/cases-register-1613.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

ReleaseID: 553562

ROSEN, A LEADING FIRM, Announces a Securities Class Action Lawsuit Against Anheuser-Busch InBev SA/NV; Encourages Investors with Over $100K in Losses to Contact the Firm – BUD

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Anheuser-Busch InBev SA/NV (NYSE: BUD) from March 1, 2018 through October 24, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Anheuser-Busch investors under the federal securities laws.

To join the Anheuser-Busch class action, go to http://www.rosenlegal.com/cases-register-1607.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants’ cost cutting measures had largely run their course; (2) the devaluation of key emerging market currencies and input cost inflation was having a material adverse effect on Anheuser-Busch’s margins, EBITDA and profitability; (3) Anheuser-Busch had been experiencing less than expected growth and profits in certain key markets; (4) Anheuser-Busch was not going to be able to maintain its then current dividend and still meet its deleveraging targets; (5) Anheuser-Busch was at risk of having its credit ratings downgraded; (6) as a result, defendants lacked a reasonable basis for their positive statement2s about the Company’s dividend growth, its cost synergies, its liquidity, and defendants’ then current efforts to deleverage Anheuser-Busch’s balance sheet; (7) the liquidity and working capital disclosures in filings Anheuser-Busch made with the SEC were materially false and misleading; (8) the risk factor disclosures in filings Anheuser-Busch made with the SEC were materially false and misleading; (9) the representations about Anheuser-Busch’s disclosure controls in filings the Company made with the SEC were materially false and misleading; (10) the certifications issued by Defendants Carlos Brito and Felipe Dutra regarding Anheuser-Busch’s disclosure controls and internal controls over financial reporting were materially false and misleading; and (11) based on the foregoing, defendants lacked a reasonable basis for their positive statements about Anheuser-Busch’s then-current business operations and future financial prospects. 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 20, 2019. 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://www.rosenlegal.com/cases-register-1607.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

SOURCE: Rosen Law Firm PA

ReleaseID: 553561

Amalgamated Bank to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / July 29, 2019 / Amalgamated Bank (NASDAQ: AMAL) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 29, 2019 at 10:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/C-FD7B70D8445A3

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 553570

Experts Believe Senior Housing is the Next Industry in Line for Disruption

SANTA BARBARA, CA / ACCESSWIRE / July 26, 2019 / As industry after industry is disrupted by technological innovations, shifts in demographics, and new modes of thinking, experts gathered at the Senior Living Innovation Forum (SLIF) and declared that senior housing is now reckoning with a disruption of its own. An invitation-only event, SLIF took place in Santa Barbara, California on June 24 and 25 and included executives from the nation’s top senior living providers. The topic on everyone’s lips was what the future holds for senior living. While opinions differed on the details, the general consensus was that major changes are happening. As Charles Turner, CEO at Invidia for Seniors and moderator of the SLIF keynote panel discussion, puts it, “Disruption is here. Tectonic shifts are affecting our industry that we are not prepared for.”

Among those in attendance at the event were Paul Griffin III, President and CEO of Griffin Living, and John C. Terando, Griffin Living’s SVP, Western States. Both have been active in developing and operating senior living communities since Griffin Living’s inception in 2009 and both felt that what they heard at SLIF validated what they are seeing in the current senior living market place. John Terando explains, “As Baby Boomers enter the senior living market, they have a differing perspective as to what they require compared to their parents. They want more intergenerational and purpose-driven interactions within the community. They want continuing education opportunities. Larger living spaces with more amenities that allow for more choices are becoming the norm for successful senior communities.”

One of the highlights of SLIF was a presentation by Marriott’s Lionel Sussman that discussed activating a space’s lobby, meaning making the lobby an activity space as opposed to a space that people simply pass through. Paul Griffin states, “Lionel’s talk confirmed our efforts to ‘activate the lobby’ so we can use that space flexibly to provide multiple activities as opposed to the first formal lobby we first designed that looks beautiful but doesn’t get fully used.” Paul continues, “For Griffin Living, it’s all about creating spaces that inspire purpose-focused living. Senior living providers need to develop spaces and activities that have a sense of purpose behind them be it small ones, like looking forward to the next family dinner provided by us, or bigger ones, like developing friends and social connections that bring greater meaning and fulfillment to their new home and community.”

John Terando summed up the feeling of many at the conference saying, “We don’t want to be obsolete the day we open a community, so we’re committed to not doing the same repetitive thing the industry has been doing for years. One of the most direct and impactful takeaways from the Senior Living Innovation Forum was a well-timed quote of Bill Gates delivered by Bob Kramer, founder of N.I.C., and used to drive home his point about innovation and change. ‘We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.’ We don’t want to be lulled into not listening and anticipating the big changes coming in our industry.”

Corporate Headquarters
24005 Ventura Blvd,
Calabasas, CA 91302,
(818) 965-7400
Griffinliving.com

SOURCE: Web Presence, LLC

ReleaseID: 553537

DEADLINE ALERT – Bloom Energy Corporation (BE) – Bronstein, Gewirtz & Grossman, LLC Announces Class Action and Lead Deadline: July 29, 2019

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Bloom securities pursuant or traceable to the Form S-1 Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with Bloom Energy’s July 2018 initial public stock offering (the “IPO” or “Offering”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/be.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933.

In July 2018, Bloom commenced the IPO, issuing approximately 18 million shares of its common stock to the investing public at $15.00 per share, all pursuant to the Registration Statement.

The complaint alleges that the Registration Statement was materially misleading as it failed to disclose known events and trends that were severely affecting the Company’s business and that made investment in Bloom significantly riskier than presented in the Registration Statement. Specifically, the complaint alleges that the Registration Statement failed to disclose that the Company was experiencing material construction delays. These construction delays would cause system deployments (or “acceptances” as Defendants referred to them) to fall significantly below even the low end of the Company’s previously announced guidance.

While the Registration Statement purported to warn of risks that “may arise,” which could materially affect the Company, in actuality these material negative events were already occurring. As a result, the representations and purported risk disclosures were allegedly false and misleading because, by the time of the IPO, construction delays had already impacted or would soon impact Bloom’s ability to deliver acceptances in line with its guidance.

On Monday, November 5, 2018, Bloom shocked the market when it announced its disappointing acceptances for the third quarter of fiscal year 2018 results and provided acceptance guidance for the fourth quarter significantly below analysts’ expectations. In particular, the Company reported that it only achieved 206 acceptances, materially below its guidance number of 215 to 235 acceptances. In addition, the Company announced guidance for the fourth quarter of acceptances between 225 and 275. In contrast, analysts at JP Morgan had estimated 333 acceptances in the fourth quarter.

The price of Bloom stock fell precipitously, closing as low as $9.21 per share, almost 40% below the IPO price and remains below the IPO price to this date.

If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/be or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Bloom you have until July 29, 2019 to request that the Court appoint you as lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 552737

LEADING ROSEN LAW FIRM, Announces Securities Class Action Lawsuit Against Zuora, Inc. Seeking Recovery of Investor Losses- ZUO

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Zuora, Inc. (NYSE: ZUO) from April 12, 2018 through May 30, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Zuora investors under the federal securities laws.

To join the Zuora class action, go http://www.rosenlegal.com/cases-register-1603.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Zuora would focus on implementing RevPro for new customers ahead of the deadline to comply with accounting standard ASC 606; (2) Zuora lacked adequate resources to integrate RevPro with the core business; (3) Zuora would focus on RevPro integration a year after the acquisition closed; (4) delays in integrating RevPro would materially impact the business; (5) the market for RevPro was limited to customers seeking to implement new accounting standards such as ASC 606; (6) after the deadline for ASC 606 compliance passed, demand for RevPro was reasonably likely to decline; and (7) as a result of the foregoing, defendants’ positive statements about Zuora’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 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, 2019. 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://www.rosenlegal.com/cases-register-1603.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

SOURCE: Rosen Law Firm PA

ReleaseID: 553560

LEADING ROSEN LAW FIRM: Announces Securities Class Action Lawsuit Against Ascena Retail Group, Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm – ASNA

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Ascena Retail Group, Inc. (NASDAQ: ASNA) from September 16, 2015 through June 8, 2017, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Ascena investors under the federal securities laws.

To join the Ascena class action, go to http://www.rosenlegal.com/cases-register-1601.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company’s acquisition of ANN, Inc., the parent company of Ann Taylor and LOFT, was a complete disaster for the Company as ANN’s operations were in far worse condition than had been represented to the public; (2) to mask the true condition of ANN, Defendants improperly delayed recognizing an impairment charge to the value of ANN’s goodwill and, as a result, Ascena’s reported income and assets were materially overstated and the Company’s financial results were not prepared in conformity with GAAP; (3) many of the brands acquired in the ANN acquisition were in steep decline and were also materially overvalued on Ascena’s Class Period financial statement; and (4) defendants’ positive statements about Ascena’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 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 6, 2019. 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://www.rosenlegal.com/cases-register-1601.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

SOURCE: Rosen Law Firm PA

ReleaseID: 553558

ROSEN, A LEADING FIRM, Reminds Sunlands Technology Group Investors of Important Deadline in Securities Class Action Lawsuit; Encourages Investors with Over $100K in Losses to Contact the Firm – STG

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sunlands Technology Group pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Sunlands’s March 2018 initial public stock offering (the “IPO” or the “Offering”) of the important August 26, 2019 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for Sunlands investors under the federal securities laws.

To join the Sunlands class action, go to http://www.rosenlegal.com/cases-register-1598.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Sunlands’s student enrollment was declining; (2) Sunlands’s gross billings were declining; (3) Sunlands’s marketing tactics were not as robust as described in the Registration Statement; and (4) as a result, defendants’ statements about Sunlands’s business, operations, and prospects were materially false and 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.

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 26, 2019. 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://www.rosenlegal.com/cases-register-1598.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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Contact Information:

SOURCE: Rosen Law Firm PA

ReleaseID: 553557

ROSEN, A LEADING FIRM, Reminds Investors of Eros International PLC of Important August 20th Deadline in Securities Class Action Commenced by the Firm – EROS

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Eros International PLC (NYSE: EROS) from July 28, 2017 through June 5, 2019, inclusive (the “Class Period”) of the important August 20, 2019 lead plaintiff deadline in the securities class action filed by the firm. The lawsuit seeks to recover damages for Eros investors under the federal securities laws.

To join the Eros class action, go to http://www.rosenlegal.com/cases-register-1597.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Eros and its executives engaged in a scheme to use related-party transactions to fabricate receivables that they reported in Eros’s public financial disclosures; (2) because of this scheme, Eros’s financial position was weaker than what the Company disclosed; (3) consequently, the Company’s Indian subsidiary, Eros International Media Ltd, missed loan payments and had its credit downgraded; and (4) due to the foregoing, defendants’ statements about Eros’s receivables, business, operations, and prospects, were materially false and 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.

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 20, 2019. 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://www.rosenlegal.com/cases-register-1597.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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Contact Information:

SOURCE: Rosen Law Firm PA

ReleaseID: 553556

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of STG, TEVA and OMCL

NEW YORK, NY / ACCESSWIRE / July 26, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Sunlands Technology Group (NYSE: STG)

Investors Affected : shareholders of Sunlands Technology Group who purchased shares pursuant and/or traceable to Sunlands’ March 2018 initial public stock offering.

A class action has commenced on behalf of certain shareholders in Sunlands Technology Group. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Sunlands’ student enrollment was declining; (2) Sunlands’ gross billings were declining; (3) Sunlands’ marketing tactics were not as robust as described in the Registration Statement; and (4) as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/sunlands-technology-group-loss-submission-form/?id=2619&from=1

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA)

Investors Affected : on behalf of all persons or entities who purchased or otherwise acquired Teva American Depositary Shares (“ADS”) between August 4, 2017 and May 10, 2019

A class action has commenced on behalf of certain shareholders in Teva Pharmaceutical Industries Ltd. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) contrary to its public denials, Teva had in fact engaged in a vast, industry-wide price-fixing scheme and other collusive misconduct since at least 2012; (ii) Teva was not only a participant, but the company at the heart of the anticompetitive scheme; and (iii) several Teva employees had such deep involvement in the scheme that they would ultimately be named personally as defendants in a sweeping civil enforcement action filed by the AGs of virtually every state in the nation.

Shareholders may find more information at https://securitiesclasslaw.com/securities/teva-pharmaceutical-industries-ltd-loss-submission-form/?id=2619&from=1

Omnicell, Inc. (NASDAQGS: OMCL)

Investors Affected : October 25, 2018 – July 11, 2019

A class action has commenced on behalf of certain shareholders in Omnicell, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company recognized revenue for certain transactions before fulfilling its performance obligations; (2) the Company engaged in improper accounting practices to meet revenue targets; (3) the Company experienced weaker demand for new product lines than it had previously projected; (4) as a result, the Company would be required to write-off certain inventory; (5) the Company misclassified certain expenses as capitalized expenditures; and (6) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/omnicell-inc-loss-submission-form/?id=2619&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm

ReleaseID: 553552