Monthly Archives: August 2019

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of VNTR, NFLX and VAL

NEW YORK, NY / ACCESSWIRE / August 27, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Venator Materials PLC (NYSE:VNTR)
Class Period: (a) between August 2, 2017 and October 29, 2018, inclusive; (b) in or traceable to the Company’s initial public offering conducted on or around August 3, 2017; and (c) in or traceable to the Company’s secondary public offering conducted on or around December 4, 2017.
Lead Plaintiff Deadline: September 30, 2019

The complaint alleges that during the class period Venator Materials PLC made materially false and/or misleading statements and/or failed to disclose that: (a) the fire damage at the Pori facility was far more extensive than disclosed to investors, rendering the facility beyond repair; (b) the true cost of the Pori facility fire exceeded $1 billion, hundreds of millions of dollars beyond the limits of the Company’s insurance policy; (c) the Company was paying rebuilding premiums, and thereby incurring tens of millions of dollars in additional costs, in a futile attempt to expedite the rehabilitation process; (d) Venator had lost, essentially without prospect of rehabilitation, 80% of the production capacity of the Pori facility, and thus lost a substantial portion of one of its largest revenue producing assets; and (e) the Company’s reported annual Titanium Dioxide production capacity had been inflated by approximately 104,000 metric tons, or 15%.

Learn about your recoverable losses in VNTR: http://www.kleinstocklaw.com/pslra-1/venator-materials-plc-loss-submission-form?id=3211&from=1

Netflix, Inc. (NASDAQGS:NFLX)
Class Period: April 17, 2019 to July 17, 2019
Lead Plaintiff Deadline: September 20, 2019

According to the complaint, Netflix, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Netflix would not be able to gain its expected target number of new subscribers in the second quarter of 2019; (2) Netflix would also lose subscribers from the United States in the second quarter of 2019; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in NFLX: http://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form?id=3211&from=1

Valaris plc (NYSE:VAL)
Class Period: April 11, 2019 to July 31, 2019
Lead Plaintiff Deadline: October 21, 2019

The complaint alleges Valaris plc made materially false and/or misleading statements and/or failed to disclose that: (i) the Company was plagued by a weak ultra-deepwater segment, massive cash usage, and significant negative cash flow; (ii) the foregoing was reasonably likely to have a material negative impact on the Company’s second quarter 2019 results; (iii) the merger leading to Valaris’s establishment could not deliver on its touted benefits; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in VAL: http://www.kleinstocklaw.com/pslra-1/valaris-plc-loss-submission-form?id=3211&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 557635

DEADLINE NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carbonite, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 27, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Carbonite, Inc. (“Carbonite” or “the Company”) (NASDAQ:CARB) 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 securities between February 7, 2019 and July 25, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before September 30, 2019.

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

We also encourage you to contact Brian Schall 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. Carbonite’s Server Backup VM Edition product suffered from deep quality flaws and poor technology. The Company received many negative reviews of the product from its customers. The product was so flawed that it acted as a “disruptive” factor amongst Carbonite’s sales force, constraining salespeople from closing several large deals in fiscal year 2019. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Carbonite, investors suffered damages.

Join the case to recover your losses.

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.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 557629

INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Abiomed, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 27, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Abiomed, Inc. (“Abiomed” or “the Company”) (NASDAQ:ABMD) 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 January 31, 2019 and July 31, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before October 7, 2019.

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

We also encourage you to contact Brian Schall 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. Abiomed suffered from declining revenue growth. The Company failed to develop a sufficient plan to rebuild its revenue growth. The Company did not have good prospects to increase its revenue growth over the next several fiscal quarters, leaving it likely to be forced to revise down its fiscal year 2020 guidance. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Abiomed, investors suffered damages.

Join the case to recover your losses.

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.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 557628

NMS Consulting Announces Launch of Data Privacy and Cybersecurity Practice Group

BEVERLY HILLS, CA / ACCESSWIRE / August 27, 2019 / NMS Consulting, Inc. (”NMS”) is pleased to announce the launch of a new dedicated Data Privacy and Cybersecurity Practice Group (“DPCS-Group”). The new DPCS-Group will focus on providing consulting services related to cybersecurity and data privacy risk and compliance, including with the new California Consumer Protection Act (“CCPA”) bill which will go into effect January 1, 2020.

The DPCS-Group will be comprised of experienced NMS consultants supporting clients in both the United States and Europe. Anna S. Park will lead the DPCS-Group. Ms. Park is a seasoned data privacy attorney and has represented clients in the business and financial services sector. She has frequently advised clients in the area of regulatory compliance, including consulting on operational best practices related to the General Data Privacy Regulation (“GDPR”) and has spoken on steps businesses should take now to make sure they are in compliance with the CCPA before the January 1 effective date and the enforcement date six months later. In addition, Ms. Park’s background as a commercial litigator provides valuable insight on assessing and mitigating for risk that companies may face under the CCPA’s new private right of action.

Ms. Park commented, “Businesses look to face substantial risk related to potential litigation and also enforcement by the AG if they don’t take the necessary steps to adhere to the new regulation. Businesses have their plates full with the task of actually running the business and compliance can be the last thing on their mind. Our job here at NMS is to make their compliance our priority. Our catered initial risk assessment will provide businesses with a roadmap so they have a clear view of their compliance state and what steps they can take to reduce their enforcement vulnerabilities. With NMS, businesses can be confident that their compliance needs are met so their business needs are not interrupted. ”

Starting January 1, 2020, the CCPA will apply to any for-profit business entity which does business in California, collects California consumers’ personal data, and meets one of the following descriptions;

Has annual gross revenues in excess of $25 million;
Possesses the personal information of 50,000 or more consumers, households, or devices; or
Earns more than half of its annual revenue from selling consumers’ personal information.

The CCPA has a broad reach and businesses should conduct an initial assessment to determine whether the law affects them and in what capacity to avoid litigation and fines. In addition, due to the law’s breath, scope and nuances, even if a business believes it is exempt under the CCPA they should conduct an assessment to document and demonstrate this exemption to the regulators.

About NMS Consulting

NMS Consulting is a global strategic advisory firm focused on delivering client solutions across three business units: management consulting, corporate advisory and strategic communications. The firm provides strategic counsel to private and public companies, governments, philanthropic organizations and the individuals who lead them.

For more information, please visit www.nmsconsulting.com.

Media Contact:

Lili Swanson, Senior Consultant
+1.310.855.0020
info@nmsconsulting.com

SOURCE: NMS Consulting, Inc.

ReleaseID: 557617

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Valaris plc and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 27, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Valaris plc (“Valaris” or “the Company”) (NYSE:VAL) 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 11, 2019 and July 31, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

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

We also encourage you to contact Brian Schall 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. Valaris suffered from serious weakness in its ultra-deepwater segment, heavy cash expenditures, and negative cash flow. These negative factors were likely to impact the Company’s second quarter 2019 results. The merger that resulted in the creation of Valaris had no ability to deliver on its promises of efficiencies and improvements. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Valaris, investors suffered damages.

Join the case to recover your losses.

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.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 557621

IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Venator Materials PLC and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 27, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Venator Materials PLC (“Venator” or “the Company”) (NYSE:VNTR) 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 securities between August 2, 2017 and October 29, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before September 30, 2019.

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

We also encourage you to contact Brian Schall 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. Venator’s Pori facility suffered a fire that damaged the property much worse than was disclosed to investors, leaving it beyond repair. The cost of the fire exceeded $1 billion, far beyond the limits of the Company’s insurance policy. The Company incurred massive fees in a futile effort to expedite repairs to the facility. Venator lost about 80% of the production capacity of the Pori facility. At the same time, the Company’s reported annual Titanium Dioxide production capacity had been inflated by about 15%. The Company paid over $600 million in restructuring charges and expenses associated with the closure and replacement of the Pori facility. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Venator, investors suffered damages.

Join the case to recover your losses.

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.
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 557620

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of DBD, CTST and MNK

NEW YORK, NY / ACCESSWIRE / August 27, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Diebold Nixdorf, Incorporated (NYSE:DBD)
Class Period: February 14, 2017 to August 1, 2018
Lead Plaintiff Deadline: September 3, 2019

The complaint alleges that throughout the class period Diebold Nixdorf, Incorporated made materially false and/or misleading statements and/or failed to disclose that: (1) as a result of the Wincor acquisition and related integration, the Company was less focused on its core business; (2) the Company expected certain customers would not renew their service contracts (i.e. contract runoff); (3) the Company was not adequately prepared to staff service technicians; (4) as a result of the expected contract runoff, the Company would suffer a shortage of adequately trained service technicians; (5) as a result, the Company would suffer margin pressure in its services segment; (6) as a result of the foregoing, the Company would lose market share; and (7) 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.

Learn about your recoverable losses in DBD: http://www.kleinstocklaw.com/pslra-1/diebold-nixdorf-incorporated-loss-submission-form?id=3210&from=1

CannTrust Holdings Inc. (NYSE:CTST)
Class Period: November 14, 2018 to July 12, 2019
Lead Plaintiff Deadline: September 9, 2019

According to filed complaints, CannTrust Holdings Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was growing cannabis in its Pelham greenhouse while applications for regulatory approval were still pending; (2) the Company’s Pelham greenhouse did not comply with certain regulations; (3) as a result, the Company was reasonably likely to face an inventory hold by Health Canada until the Pelham facility becomes compliant with applicable regulations; (4) as a result, the Company’s customers would face shortages and would likely seek product from CannTrust’s competitors; and (5) 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.

Learn about your recoverable losses in CTST: http://www.kleinstocklaw.com/pslra-1/canntrust-holdings-inc-loss-submission-form?id=3210&from=1

Mallinckrodt Public Limited Company (NYSE:MNK)
Class Period: February 28, 2018 to July 16, 2019
Lead Plaintiff Deadline: September 24, 2019

During the class period, Mallinckrodt Public Limited Company allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Acthar posed significant safety concerns that rendered it a non-viable treatment for ALS; (ii) accordingly, Mallinckrodt overstated the viability of Acthar as an ALS treatment; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in MNK: http://www.kleinstocklaw.com/pslra-1/mallinckrodt-public-limited-company-loss-submission-form?id=3210&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 557619

INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Granite Construction Incorporated and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 27, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Granite Construction Incorporated (“Granite” or “the Company”) (NYSE:GVA) 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 October 26, 2018 and August 1, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before October 14, 2019.

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

We also encourage you to contact Brian Schall 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. Granite took on various risks associated with bids for heavy civil joint venture projects between 2012 and 2014. The distribution of risk between the Company and the joint venture project partners was unbalanced to the point of being “untenable.” Based on the imbalance of risk, the Company was likely to incur both additional project costs and dispute costs. Based on the facts the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Granite, investors suffered damages.

Join the case to recover your losses.

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.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 557618

NJ Ayuk in Billions at Play Explains How Energy Underpins the African Dream

JOHANNESBURG, SOUTH AFRICA / ACCESSWIRE / August 27, 2019 / African economies are undergoing a transformative period. The energy sector, in particular, holds great potential to revitalize African economies and empower the growth and development. This, is a subject NJ Ayuk dives into in great detail in his sophomore book, Billions at Play: The Future of African Energy and Doing Deals.

Now available for pre-order on Amazon, Billions at Play tells us how energy can work better for Africans.

With a foreword by OPEC Secretary General Mohammad Sanusi Barkindo, Billions at Play sets out to answer the questions: How did Africa get here and what comes next? How do African countries and societies get the most value from their resources? What exactly can African leaders do to put their countries on a sustainable, profitable path? And how can all parties win in Africa’s energy deals of the coming decades?

In a straightforward approach, the Executive Chairman of the African Energy Chamber outlines the fortunes and misfortunes in Africa’s petroleum industry and presents to us that Africa can learn from itself to build competitive economies. In particular, he proposes that:
“If African governments, businesses, and organizations manage Africa’s oil and gas revenues wisely, we can make meaningful changes across the continent.”

Using his experience and knowledge of the global energy sector, Ayuk challenges key players to be more active in developing their resources and local content skills, and encourages decision-makers to put Africa’s people at the center of economic growth plans.

Making the case for the petroleum industry having the power to support and transform emerging economies, he unpacks key issues including what and how Africa can learn from itself, the role of natural gas in Africa’s energy future, effective and sustainable investment strategies, strategic oil and gas revenue management and, the role of women in the African petroleum sector.

The latter he insists is vital in the success of Africa’s oil and gas sector.

He asserts that the low number of women represented in the global energy sector is an opportunity missed. “I believe this is unacceptable, short-sighted, and, frankly a real stumbling block to African countries that want to realize the full socio-economic benefits that a thriving oil and gas industry can provide.”

Ayuk says that, “Africans are more than capable of making our continent successful.” However, global participation in the African energy landscape can produce greater benefits. Speaking on U.S.-Africa relations specifically, he stresses that Africa needs companies that are willing to share knowledge, technology and best practices, and businesses that are willing to form positive relationships in areas where they work.

In his foreword, H.E. Barkindo describes Ayuk as a dreamer who has “taken the time to develop a detailed roadmap for realizing that dream” and prompts people all over the world to take the time to read Billions at Play in order to “play a part in making his dream of petroleum-fueled economic growth, stability and improved quality of life happen for Africa.”

Billions at Play: The Future of African Energy and Doing Deals is now available for pre-order on Amazon. Order your copy today.

https://www.amazon.co.uk/dp/1913136345/ref=cm_sw_r_wa_apa_i_mF1yDbB4BV0D6

Download Images: https://bit.ly/2MEFExd, https://bit.ly/2MI2nZi
Link to video: https://www.youtube.com/watch?v=xe_7fEuecfE

Follow us at:

Twitter: @BillionsAtPlay
Facebook: @BillionsAtPlay
Instagram:@billionsatplay

Media Contact:
Mickael Vogel
Director of Strategy
E: mickael.vogel@centurionlg.com C: +27 78 558 7045 T: +27 11 245 5900

SOURCE: African Energy Chamber

ReleaseID: 557616

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Pluralsight, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 27, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Pluralsight, Inc. (“Pluralsight” or “the Company”) (NASDAQ:PS) 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 August 2, 2018 and July 31, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before October 15, 2019.

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

We also encourage you to contact Brian Schall 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. Pluralsight failed to execute on its sales strategies, which impacted its billing to customers. The Company also suffered from delays in hiring and training an effective salesforce to meet its financial projections. Pluralsight fell behind in onboarding new sales reps, which compounded the execution problems already plaguing the organization. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Pluralsight, investors suffered damages.

Join the case to recover your losses.

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
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com
Brian Schall, Esq.,
Rina Restaino, Esq.,
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 557626