Monthly Archives: September 2019

Tautachrome (OTC: TTCM) Announces Completion of its First Annual Nationwide Augmented Reality Scavenger Hunt “ARk Hunt 2019”

ORO VALLEY, AZ / ACCESSWIRE / September 27, 2019 / Tautachrome, Inc. (OTC:PINK:TTCM) today announced the competition of ARk Hunt 2019, its first annual nationwide augmented reality scavenger hunt.

Augmented Reality Scavenger Hunt Completion

Tautachrome is excited to announce the successful completion of ARk Hunt 2019, its first annual augmented reality scavenger hunt. The event took place in all 50 states across the United States and ran from September 20th to September 27th. Participants were provided clues for locating and collecting augmented reality "ARks" from within the ARknet application.

The event successfully demonstrated the viability and scalability of the ARknet application to a wider audience. We released 3 major updates in advance of the event and 2 more important updates while the event was occurring. All of the releases were stable, and the application infrastructure supported additional users with 100% availability.

As part of the event we also attempted to achieve a GUINNESS WORLD RECORDS™ title for the largest augmented reality scavenger hunt in one week. Although we saw participation in 31 out of 50 states this year, we fell short of achieving the record. We plan on holding the ARk Hunt event again next year to successfully capture the world record! Our operational team is meeting today with GUINNESS WORLD RECORDS™ adjudicator Philip Robertson to validate this 2019 official attempt. Final results for prize winners are being audited and will be announced soon. We look forward to ARk Hunt 2020!

Augmented Reality Scavenger Hunts as an ARknet In-App Product

ARk Hunt 2019 was a great success as much of the development for the event prepared our platform for the future release of public ARks. Our development team was able to live load test the platform and implement large scale deployment of ARks remotely while observing user interactions with the ARks. Additional planning is underway to potentially offer augmented reality scavenger hunts to ARknet users for their own purposes, via in-app purchases. We envision these additional services as an opportunity to drive additional revenue within the ARknet application.

Additional enhancements to the ARknet application will be announced on Monday.

Download ARknet for Android

https://play.google.com/store/apps/details?id=com.honeycombarchive.arknet

Download ARknet for iOS

https://apps.apple.com/us/app/arknet/id1466870072

Additional Tautachrome Statement

Please join the conversation on our KlickZie/ArKnet supporter's telegram group at www.t.me/KlickZie and the ARknet Facebook group at www.facebook.com/groups/2427118534011055/

The company posts important information and updates through tweets from the official company twitter page https://twitter.com/Tautachrome_inc

About Tautachrome, Inc: Tautachrome, Inc. (OTC PINK:TTCM) is an emerging growth company in the Internet applications space. The company has revolutionary patents and patents pending in augmented reality, smart-phone image authentication and imagery-based social networking. The company is leveraging these technologies to develop privacy and security-based applications for global business and personal use.

Forward-Looking Statements: Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, risks of managing growth, governmental regulatory risks, technology development risks, schedule slippage risks, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this paragraph and the risks and other factors detailed in Tautachrome's reports filed with the Securities and Exchange Commission. Tautachrome undertakes no duty to update these forward-looking statements.

Tautachrome, Inc.
+1 520 318 5578

Investor relations
investor@tautachrome.com

Press
Press@tautachrome.com

SOURCE: Tautachrome, Inc

ReleaseID: 561330

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Abeona Therapeutics Inc. – ABEO

NEW YORK, NY / ACCESSWIRE / September 27, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Abeona Therapeutics Inc. ("Abeona" or the "Company") (NASDAQ:ABEO). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Abeona and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 23, 2019, Abeona announced receipt of a clinical hold letter from the U.S. Food and Drug Administration ("FDA"), "clarifying that the FDA will not provide approval for the Company to begin its planned Phase 3 clinical trial for EB-101 until it submits to the FDA additional data points on transport stability of EB-101 to clinical sites."

On this news, Abeona's stock price fell $0.39 per share, or 11.96%, to close at $2.87 per share on September 23, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 561327

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackBerry Limited – BB

NEW YORK, NY / ACCESSWIRE / September 27, 2019 / Pomerantz LLP is investigating claims on behalf of investors of BlackBerry Limited ("BlackBerry") or the "Company") (NYSE:BB). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether BlackBerry and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 24, 2019, BlackBerry issued a press release announcing the Company's financial and operating results for the second quarter of fiscal 2020. BlackBerry reported a net loss for the quarter and revenue that fell short of expectations. In addition, Blackberry cut the top end of its full-year revenue forecast.

On this news, BlackBerry's stock price fell sharply during intraday trading on September 24, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 561326

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Premier, Inc. – PINC

NEW YORK, NY / ACCESSWIRE / September 27, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Premier, Inc. ("Premier" or the "Company") (NASDAQ:PINC). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Premier and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 25, 2019, Spruce Point Capital Management, LLC ("Spruce Point") issued a report about Premier. The Spruce Point report asserted that "due to a unique pre-IPO restructuring agreement, [Premier] is temporarily generating twice the earnings which its business model can sustain organically." Noting that the five- or seven-year contracts between Premier and its "member owner" hospitals were nearing expiration, the Spruce Point further asserted that "with most member owner equity now having vested, hospitals with expiring contracts are far less incented to remain with Premier at sub-market shareback rates" and were likely to opt out rather than renew their contracts, which "would cause Premier to underperform FY22-23 consensus revenue by >26% and EBITDA by >50%." On this news, Premier's stock price fell sharply during intraday trading on September 25, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 561325

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Altria Group, Inc. – MO

NEW YORK, NY / ACCESSWIRE / September 27, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Altria Group, Inc. ("Altria" or the "Company") (NYSE:MO). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Altria and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 24, 2019, post-market, the Financial Times reported that Philip Morris International Inc. had called off talks of a $200 billion merger with Altria likely due to increasing public and governmental scrutiny of vaping and Altria's 35% stake in industry-leading Juul Labs, Inc. ("Juul"). That same day, Juul was announced as the target of another federal investigation. Then, on September 25, 2019, media outlets reported the resignation of Juul's Chief Executive Officer and that Juul would stop all U.S. advertising.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 561322

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Eldorado Resorts, Inc. – ERI

NEW YORK, NY / ACCESSWIRE / September 27, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Eldorado Resorts, Inc. ("Eldorado" or the "Company") (NASDAQ: ERI). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Eldorado and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 3, 2019, Eldorado filed a Form S-4 with the U.S. Securities and Exchange Commission ("SEC") in connection with the proposed merger between Eldorado and Caesars Entertainment Corporation. In the Form S-4, the Company disclosed that several of its officers and directors received subpoenas from the SEC in May 2019 relating to an investigation of trading in the securities of another publicly traded company of which one of Eldorado's directors was also a director. The New York Post subsequently reported that the undisclosed company referenced in the Form S-4 was IRadimed Corp.

On this news, Eldorado's stock price fell $3.09 per share, or 8.02%, to close at $35.42 per share on September 3, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

ReleaseID: 561318

FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of GTT, NTAP and VRAY

CEDARHURST, NY / ACCESSWIRE / September 27, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No classes have yet been certified in the actions below. Appointment as lead plaintiff is not required to partake in any recovery.

GTT Communications, Inc. (NYSE:GTT)

Investors Affected: February 26, 2018 – July 1, 2019

A class action has commenced on behalf of certain shareholders in GTT Communications, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) following GTT's acquisition of Interoute Communications Holdings S.A., there were delays in migrating Interoute's legacy systems and processes into GTT's client management database system; (2) Interoute had made a strategic priority shift to sell cloud services that was a higher percentage of Interoute's sales in the two years leading up to the acquisition; (3) a material percentage of the Interoute sales representatives were not productive at selling GTT's core cloud networking services; (4) GTT was unable to yield as many Interoute salespeople because Interoute had hired many sales people focused on cloud services and allowed underperforming sales representatives to remain at Interoute; and (5) as a result of the foregoing, Defendants' public statements were materially false and/or misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://kclasslaw.com/securities/gtt-communications-inc-loss-submission-form/?id=3744&from=1

NetApp, Inc. (NASDAQGS:NTAP)

Investors Affected: May 22, 2019 – August 1, 2019

A class action has commenced on behalf of certain shareholders in NetApp, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was unable to close large deals within the quarter and that the deals were pushed out to subsequent quarters or downsized; (2) as a result, the Company's revenue would be materially impacted; (3) as a result, the Company would lower its fiscal 2020 guidance; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://kclasslaw.com/securities/netapp-inc-loss-submission-form/?id=3744&from=1

Viewray, Inc. (NASDAQ:VRAY)

Investors Affected: March 15, 2019 – August 8, 2019

A class action has commenced on behalf of certain shareholders in Viewray, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) demand for ViewRay systems had declined due in part to changes being made to Medicare reimbursement approaches first announced in November 2019 that could make purchases of new ViewRay systems less profitable for customers; (b) the Company's reported backlog was overstated due to the inclusion of orders with insufficient surety as to permit for their inclusion in reported backlog; and (c) as a result of the foregoing, defendants' positive statements about ViewRay's business metrics and financial prospects during the Class Period were materially false and misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://kclasslaw.com/securities/viewray-inc-loss-submission-form/?id=3744&from=1

Kuznicki Law PLLC 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:

Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967

SOURCE: Kuznicki Law PLLC

ReleaseID: 561319

Estepona Apartments For Sale Retiring To Spain UK Citizens Report Launched

Marbella, Malaga, real estate agency Andalucia Realty launched a new report on the most important aspects British citizens need to take into consideration when deciding to retire to Spain from the UK.

Marbella, Spain – September 27, 2019 /PressCable/

Andalucia Realty, a real estate agency based in Marbella, Malaga, announced the launch of a new report on retiring to Spain from the UK. The real estate team at Andalucia Realty have over 16 years of experience in the development and marketing of properties on the Costa del Sol.

More information can be found at https://andaluciarealty.com/en/7-tips-for-retiring-to-spain-from-the-uk

Spain has long been a popular destination for many retirees due to its affordable coastal resorts, glorious sunshine, idyllic beaches and delicious cuisine, among others. The newly launched report by Andalucia Realty covers the most important seven aspects one needs to take into consideration before retiring to Spain from the UK.

One of the first things British citizens need to consider is the location of their new home. More precisely, they need to decide whether they want a rustic villa in the mountains with stunning views or they would like a place that is closer to shops, restaurants and medical services.

In addition, Brits should pay attention to the means of transport available, as well as neighborhood benefits. As such, they need to know if their new home is close to public transport or not, and if they will able to enjoy onsite amenities such as a swimming pool, golf course, restaurants and landscaped gardens.

The report also notes that downsizing one’s home in Spain could provide peace of mind and the ability to spoil oneself occasionally. Looking for a single storey villa, bungalow or one with a downstairs bedroom and bathroom would be a very good option.

Finally, the report recommends to choose a home in a community where all the landscaping and pool care is included in the maintenance fee, and to opt for an open plan living, even in a smaller home.

According to the new report, “The warm dry climate eases achy joints and arthritis and sunlight provides a natural daily dose of vitamin D for healthy bones and teeth. With an affordable cost of living, cheap flights back to visit the family and plenty of attractions, why would you want to stay in the UK if you don’t have to?”

Interested parties can find more by visiting the above-mentioned website.

Contact Info:
Name: Laura
Email: Send Email
Organization: Andalucia Realty
Address: Avenida Del Prado, c/ viena Sales Office Andalucia Realty, Marbella, Malaga 29660, Spain
Phone: +34-952-81-47-67
Website: https://andaluciarealty.com/en/

Source: PressCable

Release ID: 88923134

Health and Safety consultants, Rhino Safety, continue to expand…

Award-winning Health and Safety consultants, Rhino Safety, are continuing to expand and have relocated to new premises at the Edwin Foden Centre in Sandbach, Cheshire.

Sandbach, United Kingdom – September 27, 2019 /PressCable/

Multi award-winning Health and Safety Consultants, Rhino Safety, are celebrating their move to larger offices at the Edwin Foden Business Centre in Sandbach.

Since winning their first award for Start Up Business of the Year in 2015, the company has grown quickly with a directly employed team of seven, including four expert Health and Safety consultants.

The expansion into new premises has coincided with their largest ever month’s turnover, and follows their most recent award of Business of the Year (under 25 employees) with the South Cheshire Chamber of Commerce.

Rhino Safety operates nationwide and works with a number of large, multi-site clients as well as SMEs and 3rd-sector organisations in industries from office and retail through to construction, manufacturing and engineering. They are able to take care of all aspects of a business’ health and safety obligations, including training, documentation, ongoing support, risk assessments and fire risk assessments.

Director, Simon Walter, says, “As well as working with some well-known corporations, at Rhino Safety we also enjoy working with small firms who simply can’t justify having their own dedicated Health and Safety team.

What we tend to do with smaller clients is act as their own “mini” Health and Safety department. That’s because with all the new regulations and constant changes to existing ones from the government, small companies simply can’t afford to ignore them. A small mistake could end up costing them a huge amount of money, or even bankrupt the company. It just makes sense for them to outsource all that to us. That way, business owners can relax and get on with what they do best while we take care of all the legislative headaches for them”.

Working with such a wide variety of clients has benefits both to their consultants and clients. As Director, Cate Walter explains, “Many H&S consultants specialise in one industry, but we strongly believe that our experience working with clients in a wide range of fields keeps us at the forefront of H&S developments and aware of all the possible risks, rather than becoming ‘nose-blind’ due to over-specialisation in just one field.

This also benefits our clients because we can provide them with innovative solutions based on our experience from other sectors, and ultimately ensure they are providing safe working environments without threatening their commercial focus.”

The company have also just launched a brand new, turnkey product aimed at low-risk businesses with less than 15 employees: H&S Unlocked.

Simon explains, “These smaller companies are often overlooked by the H&S industry, and the information and materials available to them to manage their H&S are often a scaled-down version of those designed for huge companies with completely different needs…

H&S Unlocked is a one-off cost pack that contains everything these businesses need to be compliant – without any overkill.”

Cate continues, “H&S Unlocked offers these businesses the opportunity to show genuine engagement with their H&S obligations that downloadable templates just don’t provide – and without a huge time or financial commitment. It’s a bespoke solution available at great value for money.”

For more information on Rhino Safety’s services, call 01270 440 341 or go to www.rhinosafety.co.uk

Directions to Rhino Safety can be found here: https://www.google.com/maps?cid=1236746699967618418

Contact Info:
Name: Simon Walter
Email: Send Email
Organization: Rhino Safety
Address: Suite 23, Edwin Foden Business Centre, Moss Ln,, Sandbach, England CW11 3AE, United Kingdom
Phone: +44-1270-440341
Website: https://www.rhinosafety.co.uk/

Source: PressCable

Release ID: 88922330

FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of MMM, FTCH and OLLI

CEDARHURST, NY / ACCESSWIRE / September 27, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No classes have yet been certified in the actions below. Appointment as lead plaintiff is not required to partake in any recovery.

3M Company (NYSE:MMM)

Investors Affected: February 9, 2017 – May 28, 2019

A class action has commenced on behalf of certain shareholders in 3M Company. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) 3M had vast internal evidence dating back decades confirming that polyfluoroalkyl substances ("PFAS") are toxic (which was first publicly revealed in February 2018 by Minnesota's Attorney General); (ii) 3M had a decades-long history of suppressing negative information and/or damaging data about PFAS; and (iii) 3M has legal exposure to state, county, and local governments and individuals around the country as a result of its knowledge and intentional concealment of the toxic harm caused by the use of PFAS.

Shareholders may find more information at https://kclasslaw.com/securities/3m-company-loss-submission-form/?id=3743&from=1

Farfetch Limited (NYSE:FTCH)

Investors Affected : all persons and entities who purchased or otherwise acquired Farfetch Class A ordinary shares between September 21, 2018, and August 8, 2019, inclusive, including those who purchased or otherwise acquired Farfetch Class A ordinary shares pursuant and/or traceable to the registration statement and prospectus issued in connection with Company's September 21, 2018 initial public offering.

A class action has commenced on behalf of certain shareholders in Farfetch Limited . The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company would refuse to reduce merchandise prices to match the rest of the market; (2) this sub-optimal pricing strategy rendered the Company's platform highly susceptible to underpricing by competitors, despite what Defendants touted as a "superior" platform; and (3) as a result, the Company's past and projected Platform Gross Merchandise Value growth rates were foreseeably unsustainable. As a result of the foregoing, Defendants' statements about the Company's business strategy and growth prospects lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://kclasslaw.com/securities/farfetch-loss-submission-form/?id=3743&from=1

Ollies Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

Investors Affected: June 6, 2019 – August 28, 2019

A class action has commenced on behalf of certain shareholders in Ollies Bargain Outlet Holdings, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company suffered a supply chain issue that impacted the initial inventory available at new stores; (2) as a result, the Company lacked sufficient inventory to meet demand at certain store locations; (3) as a result, the Company's comparable store sales were likely to decrease quarter-over-quarter; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://kclasslaw.com/securities/ollies-bargain-outlet-holdings-inc-loss-submission-form/?id=3743&from=1

Kuznicki Law PLLC 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:

Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967

SOURCE: Kuznicki Law PLLC

ReleaseID: 561314