Monthly Archives: October 2019

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of MGNX, CC and TEUM

NEW YORK, NY / ACCESSWIRE / October 31, 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.

MacroGenics, Inc. (NASDAQGS:MGNX)

Investors Affected : February 6, 2019 – June 3, 2019

A class action has commenced on behalf of certain shareholders in MacroGenics, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) the Company had conducted the progression-free survival ("PFS") and first interim overall survival ("OS") analyses for the SOPHIA trial by no later than October 10, 2018; (b) the October 2018 PFS analysis showed a 0.9 month improvement in PFS; and (c) the October 2018 OS interim analysis did not produce a statistically significant result and the interim OS Kaplan-Meier curves crossed in several spots (thereby violating the constant hazard assumption) and separated late.

Shareholders may find more information at https://securitiesclasslaw.com/securities/macrogenics-inc-loss-submission-form/?id=4128&from=1

The Chemours Company (NYSE:CC)

Investors Affected : February 16, 2017 – August 1, 2019

A class action has commenced on behalf of certain shareholders in The Chemours Company. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Chemours had not appropriately accounted and accrued reserves for its environmental liabilities; (2) the possibility of costs exceeding accrued amounts was greater than the Company had represented to a point that could be material; (3) the Company's policies, standards and procedures were not properly designed to prevent unreasonable risk of harm to people and the environment (4) Chemours' handling, manufacture, use, and disposal of hazardous substances was not in accordance with applicable environmental laws and regulations; and (5) as a result of these misrepresentations, Chemours shares traded at artificially inflated prices.

Shareholders may find more information at https://securitiesclasslaw.com/securities/the-chemours-company-loss-submission-form/?id=4128&from=1

Pareteum Corporation (NASDAQ:TEUM)

Investors Affected : December 14, 2017 – October 21, 2019

A class action has commenced on behalf of certain shareholders in Pareteum Corporation. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) it was not true that the Company's purported success was the result of hyper-demand for Pareteum's unique products or exceptional service, or the Company's competent management; but, in fact, Defendants had propped up the Company's results by manipulating Pareteum's accounting for revenues, income, and the important Backlog metric; (b) Defendants had materially overstated the Company's profitability by failing to properly account for the Company's results of operations and by artificially inflating the Company's financial results; (c) it was not true that Pareteum contained even the most minimally adequate systems of internal operational or financial controls necessary to assure that Pareteum's reported financial statements were true, accurate, and/or reliable; (d) as a result, it also was not true that the Company's financial statements and reports were prepared in accordance with GAAP and SEC rules; and (e) as a result of the aforementioned adverse conditions, Defendants lacked any reasonable basis to claim that Pareteum was operating according to plan, or that Pareteum could achieve the guidance sponsored and/or endorsed by Defendants.

Shareholders may find more information at https://securitiesclasslaw.com/securities/pareteum-corporation-loss-submission-form/?id=4128&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: 564896

Athlete Chris David Muggler Explains How to Run the 800 Faster

INDIAN TRAIL, NC / ACCESSWIRE / October 31, 2019 / Track and field is one of the most popular school sports for good reason. Not only do participants gain physical strength, agility, and endurance, but they also learn the value of discipline, self-improvement, and setting and achieving personal goals. One of the fundamentals of any track and field event is speed. Whether it's hurdles or short-distance running, speed is key to taking the gold. Chris David Muggler, an Indian Trail, NC, athlete, and coach, has competed in various sports throughout his academic career and beyond. Here, Chris Muggler explains how to improve speed when competing in the 800 meter.

It's important to note, Chris David Muggler said, that the 800 is different in elementary and high school compared to college or pro levels. In grade school, it is typically referred to as mid-distance or middle-distance. In college and pro teams, it's considered a long sprint. The difference in terms, he says, is because the events are approached and evaluated differently depending on the level. This involves the breakdown of the 800 with a focus on speed and endurance in each half of the race, the first 400 m and second 400 m.

Here are Chris Muggler's key tips to increase speed:

Drive your knees up.
This is a tip any runner should know. Pick your knees up so your thighs are parallel to the ground on the lift. You can practice this technique by running in place before taking it to the track. Also, make sure your knees are pointed forward, not bending to the sides, as this can result in a slower time and increase your risk of injury.

Use proper arm technique.
Improve efficiency and aerodynamics by keeping your elbows tucked in and close to your sides. Bend them at 80-100 degrees and keep them in place. Keep them engaged to prevent the arm from swinging across the body.

Maintain good posture.
Keep your chest up and shoulders back. Never slouch. This provides better breathing and slight momentum.

Keep hips straight.
Although the torso should be slanted slightly forward, your hips should remain straight. When you get tired, your body may start to slouch so the hips lean to the side or back, similar to a seated position. It may feel more comfortable, but it will hinder your movement. The more linear your body movements, the less stress you have to overcome to move forward.

In addition to the above tips, Chris David Muggler advises athletes to practice proper nutrition, train regularly, and set and achieve realistic, attainable, time-oriented goals for personal improvement and athletic accomplishment. Recalling his time as a college athlete, Chris Muggler says to "become a student of your sport," study, and avoid procrastinating. Like reviewing materials ahead of time, rather than cramming for a big exam, routine training for track and field events yields the best results.

CONTACT:
Caroline Hunter
Web Presence, LLC
+1 7865519491

SOURCE: Web Presence, LLC

ReleaseID: 564888

Nexxus Rewards Has a Whole New Perspective on Customer Acquisition and Retention

DALLAS, TX / ACCESSWIRE / October 31, 2019 / Getting and keeping new customers is the ongoing challenge of most merchants attempting to stay in business and increase profits over time.

20% of small businesses fail in their first year, 30% fail in year two, and 50% of small businesses fail after five years.

Advertising with upfront payments in hopes of later results has been the primary "Pay-and-Pray" model for getting new customers.

Loyalty marketing has proven to be very successful for all types of businesses by offering special rewards for customer patronage. But small businesses have made little progress beyond the "Buy 10 – Get 1 Free" punch cards.

Nexxus Rewards has a whole new approach to getting and keeping new customers, including many unique and innovative techniques not available anywhere else.

MERCHANTS LOVE IT

RISK-FREE & AFFORDABLE: Merchants pay nothing until after they make the sale, and when they do pay, they name their own price. Merchants offer free shopping dollar percentages based on their profit margins.

ADDITIONAL REVENUE: Merchants can now make money on their customers after they leave their store. Merchants can refer their existing customers to Nexxus Rewards and earn money every time they shop at any Nexxus merchant. They even earn on their customers' referred friends and families; and on those friends' referred friends indefinitely, for a potentially lucrative second stream of income.

CRYPTO PAYMENTS: Merchants will be prepared for the inevitable future of cryptocurrency payments with the eventual ability to accept all the top cryptocurrencies with Nexxus Rewards.

SHOPPERS LOVE IT

SHARED REWARDS: Nexxus Rewards is a shared rewards program that lets shoppers collect and redeem free shopping dollars like cash from any Nexxus merchant.

REFERRAL REWARDS: Shoppers get free shopping dollars for referring others to Nexxus Rewards. Every time one of their personal referrals receives free shopping dollars, they get some too.

DYNAMIC REWARDS: As the Nexxus Rewards network grows locally, nationally, and globally, the value of the free shopping dollars can grow automatically. A shopper may have collected $50 in free shopping dollars that magically grows to $100 all by itself.

CHARITIES LOVE IT

SOCIAL IMPACT: Nexxus Rewards is a community cooperative solution that benefits local charities with funding for their important social causes.

PERPETUAL FUNDING: Charity fundraising is no longer one-time events of carnivals, donation drives and candy sales, but continues automatically in the background forever from shoppers who never stop shopping.

LEVERAGED FUNDING: Charities can leverage the relationships of their general membership. They receive funding from the shopping transactions of their own members; and on their members' referred friends and families; and on those friends' referred friends indefinitely. This organically growing shopper network can expand to thousands of referral levels. Charities can earn money on their entire shopper network to infinity.

A NEW PARADIGM

Nexxus Rewards has shifted the paradigm on how to get and keep new customers in an efficient, effective and socially beneficial way.

For further information, please contact us on:

Company Name: NEXXUSREWARDS.IO
Contact Person: Bob Wood
Email: nexxusrewards@gmail.com
Website: http://www.nexxusrewards.com

SOURCE: NEXXUSREWARDS.IO

ReleaseID: 564880

SHAREHOLDER ALERT: MDP CVET INFY: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / October 31, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Meredith Corporation (NYSE:MDP)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/meredith-corporation-loss-submission-form?prid=4127&wire=1
Lead Plaintiff Deadline: November 5, 2019
Class Period: January 31, 2018 to September 5, 2019

Allegations against MDP include that: (1) the Time, Inc. acquisition was not as profitable as the Company had claimed; (2) the Company would incur additional costs for strategic investments to improve the Time business; (3) as a result, the Company's earnings would be materially and adversely impacted; 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.

Covetrus, Inc. (NASDAQ:CVET)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/covetrus-inc-loss-submission-form?prid=4127&wire=1
Lead Plaintiff Deadline: November 29, 2019
Class Period: February 8, 2019 to August 12, 2019

Allegations against CVET include that: (i) the Company had overstated its capabilities with regard to inventory management and supply chain services; (ii) Covetrus had understated the costs of the integration of Henry Schein's Animal Health Business and VFC, including the timing and nature of those costs; (iii) Covetrus had understated its separation costs from Henry Schein; and (iv) the Company understated the impact on earnings from online competition and alternative distribution channels as well as the impact of the loss of a large customer in North America just prior to the Company's separation from Henry Schein.

Infosys Limited (NYSE:INFY)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/infosys-limited-loss-submission-form?prid=4127&wire=1
Lead Plaintiff Deadline: December 23, 2019
Class Period: July 7, 2018 to October 20, 2019

Allegations against INFY include that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company's finance team to hide information from auditors and the Company's Board of Directors; and (4) as a result of the aforementioned misconduct, Defendants' statements about Infosys's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 564887

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MO, MTCH and RUHN

NEW YORK, NY / ACCESSWIRE / October 31, 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.

Altria Group, Inc. (NYSE:MO)
Class Period: December 20, 2018 to September 24, 2019
Lead Plaintiff Deadline: December 2, 2019

Altria Group, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Altria had conducted insufficient due diligence into JUUL prior to the Company's $12.8 billion investment, or 35% stake, in JUUL; (ii) Altria consequently failed to inform investors, or account for, material risks associated with JUUL's products and marketing practices, and the true value of JUUL and its products; (iii) all of the foregoing, as well as mounting public scrutiny, negative publicity, and governmental pressure on e-vapor products and JUUL made it reasonably likely that Altria's investment in JUUL would have a material negative impact on the Company's reputation and operations; 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 MO: http://www.kleinstocklaw.com/pslra-1/altria-group-inc-loss-submission-form?id=4126&from=1

Match Group, Inc. (NASDAQ:MTCH)
Class Period: August 6, 2019 to September 25, 2019
Lead Plaintiff Deadline: December 2, 2019

The complaint alleges that throughout the class period Match Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company used fake love interest ads to convince customers to buy and upgrade subscriptions; (2) the Company made it difficult and confusing for consumers to cancel their subscriptions; (3) as a result, the Company was reasonably likely to be subject to regulatory scrutiny; (4) the Company lacked adequate disclosure controls and procedures; and (5) 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 MTCH: http://www.kleinstocklaw.com/pslra-1/match-group-inc-loss-submission-form?id=4126&from=1

Ruhnn Holding Limited (NASDAQ:RUHN)
Class Period: all persons or entities who purchased Ruhnn American Depositary Shares pursuant and/or traceable to the Company's April 3, 2019 initial public offering.
Lead Plaintiff Deadline: December 6, 2019

Ruhnn Holding Limited allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) at the time of the initial public offering ("IPO"), the number of Ruhnn's online stores had declined by nearly 40%; (2) at the time of the IPO, the number of Ruhnn's full-service Key Opinion Leaders had declined by nearly 44%; (3) as a result, the Company's net revenues derived from its full-service segment had declined by 46% on a sequential basis; and (3) as a result, defendants' statements about Ruhnn's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in RUHN: http://www.kleinstocklaw.com/pslra-1/ruhnn-holding-limited-loss-submission-form?id=4126&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: 564886

CLASS ACTION UPDATE for FTCH, OLLI and OSTK: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / October 31, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine your eligibility and get free access to our shareholder support tools that provide you with case updates, automated loss calculations and claims recovery assistance, please contact the firm via the links below. There will be no cost or obligation to you.

Farfetch Limited (NYSE:FTCH)

Lawsuit on behalf of: investors who purchased 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.
Lead Plaintiff Deadline : November 18, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/farfetch-loss-form?prid=4125&wire=1

According to the filed complaint, (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.

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

Lawsuit on behalf of: investors who purchased June 6, 2019 – August 28, 2019
Lead Plaintiff Deadline : November 18, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ollies-bargain-outlet-holdings-inc-loss-form?prid=4125&wire=1

According to the filed complaint, during the class period, Ollies Bargain Outlet Holdings, Inc. 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.

Overstock.com, Inc. (NASDAQ:OSTK)

Lawsuit on behalf of: investors who purchased May 9, 2019 – September 23, 2019
Lead Plaintiff Deadline : November 26, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/overstock-com-inc-loss-form?prid=4125&wire=1

According to the filed complaint, during the class period, Overstock.com, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) it was not true that Overstock would be able to support the launch of its tZERO crypto currency with earnings or cash flow from its retail operations and that whatever marginal improvements defendants had made by cutting costs and engineering earnings could not be sustained so as to generate positive EBITDA or cash from operations necessary to support its crypto currency operations; (b) there were extreme additional risks and substantial volatility in the price of Company shares was foreseeable, given defendants' undisclosed plan to offer its tZERO Preferred Share Dividend as a means to squeeze short sellers out of Overstock and to prevent them from holding legitimate positions in the Company; (c) there was a foreseeable likelihood that the Company's ability to accomplish its intended short squeeze would embolden the SEC or even market participants, such as major brokerage houses, to act to prevent this market manipulation; (d) it was not true that Overstock contained adequate systems of internal operational or financial controls, such that Overstock's quarterly reports filed with the SEC were true, accurate or reliable; (e) as a result of the foregoing, it also was not true that the Company's quarterly reports filed with the SEC were prepared in accordance with GAAP ad SEC rules; and (f) as a result of the aforementioned adverse conditions which defendants failed to disclose, defendants lacked any reasonable basis to claim that Overstock was operating according to plan, or that Overstock could achieve guidance sponsored and/or endorsed by defendants.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 564885

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of SNDL, SDC and DOMO

NEW YORK, NY / ACCESSWIRE / October 31, 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.

Sundial Growers Inc. (NASDAQ:SNDL)

Investors Affected : pursuant and/or traceable to the registration statement issued in connection with Sundial's August 1, 2019 initial public stock offering.

A class action has commenced on behalf of certain shareholders in Sundial Growers Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Sundial failed to supply saleable cannabis in line with contractual obligations to Zenabis Global Inc.; (2) due to material quality issues, Zenabis had to return or reject a total of 554 kg of cannabis to Sundial, valued at approximately U.S. $1.9 million (C$2.5 million); and (3) as a result, defendants' statements about Sundial'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/sundial-growers-inc-loss-submission-form/?id=4124&from=1

Smiledirectclub, Inc. (NASDAQ:SDC)

Investors Affected : investors who purchased SmileDirectClub Class A common stock (a) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's September 12, 2019 initial public offering, or (b) during the period from September 8, 2019 through October 2, 2019.

A class action has commenced on behalf of certain shareholders in Smiledirectclub, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) administrative personnel, rather than licensed doctors, provided treatment to the Company's customers and monitored their progress; (2) as a result, the Company's practices did not qualify as teledentistry under applicable standards; (3) as a result, the Company was subject to regulatory scrutiny for the unlicensed practice of dentistry; (4) the efficacy of the Company's treatment was overstated; (5) the Company had concealed these deceptive marketing practices prior to the IPO; and (6) 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://securitiesclasslaw.com/securities/smiledirectclub-inc-loss-submission-form/?id=4124&from=1

Domo, Inc. (NASDAQ:DOMO)

Investors Affected : shareholders who acquired: (a) Domo common stock pursuant and/or traceable to the Company's initial public offering commenced on or around June 29, 2018; or (b) Domo securities between June 28, 2018 and September 5, 2019, both dates inclusive.

A class action has commenced on behalf of certain shareholders in Domo, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Domo was experiencing weakness in its enterprise and international businesses; (ii) Domo's billings growth had dramatically slowed; (iii) all of the foregoing was reasonably likely to have a material negative impact on the Company's financial results; and (iv) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein and the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/domo-inc-loss-submission-form/?id=4124&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: 564884

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fresenius Medical Care AG & Co. KGaA – FMS

NEW YORK, NY / ACCESSWIRE / October 31, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Fresenius Medical Care AG & Co. KGaA ("Fresenius" or the "Company") (NYSE:FMS). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Fresenius 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 February 25, 2014, Fresenius filed its annual report for 2013 with the U.S. Securities and Exchange Commission ("SEC"), disclosing, in part, that "[w]e have received communications alleging certain conduct in certain countries outside the U.S. and Germany that may violate the FCPA [Foreign Corrupt Practices Act] or other anti-bribery laws, and our Audit and Corporate Governance Committee is conducting an internal review with the assistance of independent counsel retained for that purpose."

On February 25, 2015, Fresenius filed its annual report for 2014 with the SEC, disclosing that "[c]onduct has been identified that may result in monetary penalties or other sanctions under the FCPA or other anti-bribery laws. In addition, the Company's ability to conduct business in certain jurisdictions could be negatively impacted."

On February 26, 2018, Fresenius announced that it had "decided to establish a provision in the total amount of EUR 200m in its 2017 annual financial statements with respect to its ongoing settlement negotiations with the U.S. government regarding conduct that may have violated provisions of the U.S. Foreign Corrupt Practices Act."

Following this news, Fresenius's American depositary receipt price fell $1.82 per share, or 3.32%, to close at $52.92 per share on February 27, 2018.

On February 20, 2019, Fresenius filed its annual report for 2018, disclosing, in part, that it had recorded an additional charge of €77 million in 2018 "encompassing estimates for the government's claims for profit disgorgement, penalties, certain legal expenses, and other related costs or asset impairments believed likely to be necessary for full and final resolution, by litigation or settlement, of the claims and issues arising from the investigation."

Then, on March 29, 2019, the U.S. Department of Justice issued a press release announcing that Fresenius had "agreed to pay approximately $231 million to resolve investigations by the Department of Justice and the Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA) in connection with Fresenius's participation in various corrupt schemes to obtain business in multiple foreign countries."

On October 21, 2019, Frankfurt prosecutors confirmed German media reports that Fresenius is under investigation for paying millions of dollars in bribes to doctors and state employees in 17 countries in order to persuade foreign clinics to establish dialysis wards and purchase Fresenius dialysis products. On this news, Fresenius's American depositary receipt price fell $2.03 per share, or 5.93%, to close at $32.21 per share on October 22, 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: 564882

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against PG&E Corporation and Encourages Investors with Losses in Excess of $750,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 31, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against PG&E Corporation ("PG&E" or ''the Company'') (NYSE:PCG) 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 December 11, 2018 and October 11, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before December 24, 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. PG&E's supposedly enhanced protocols for wildfire prevention and safety were not sufficient to solve the very problems they were designed to mitigate. The Company was completely unprepared for rolling power cuts to minimize the risk of wildfires. 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 PG&E, 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.
Sherin Mahdavian, Esq.
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 564891

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Zendesk, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 31, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Zendesk, Inc. ("Zendesk" or "the Company") (NYSE:ZEN) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Zendesk disclosed on October 2, 2019, that it had discovered a data breach that occurred in November 2016 in which unauthorized parties accessed the personal details of 10,000 users with registered accounts. The Company failed to detect and stop this intrusion, in fact, it did not discover the security breach until September 24, 2019. Based on this news, shares of Zendesk fell by about 4%.

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.

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

SOURCE: The Schall Law Firm 

ReleaseID: 564890