Monthly Archives: November 2019

LEGAL INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – CARO, TECD, CBPX

NEW YORK, NY / ACCESSWIRE / November 29, 2019 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:

Carolina Financial Corporation (NASDAQ:CARO)

The investigation concerns whether Carolina Financial and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Carolina Financial to United Bankshares, Inc. If you are a Carolina Financial shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/carolina-financial-corporation-caro-stock-merger-united-bankshares/.

Tech Data Corporation (NASDAQ:TECD)

The investigation concerns whether Tech Data and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Tech Data to an affiliate of funds managed by affiliates of Apollo Global Management, Inc. for $145.00 per share. If you are a Tech Data shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/tech-data-corporation-tecd-stock-merger-apollo/.

Continental Building Products, Inc. (NYSE:CBPX)

The investigation concerns whether Continental Building and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Continental Building to Compagnie de Saint-Gobain S.A. for $37.00 per share. If you are a Continental Building shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/continental-building-products-inc-cbpx-stock-merger-saint-gobain/.

On behalf of shareholders of these companies, Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLP

ReleaseID: 568524

LEGAL INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – CARB, WLH, AYR

NEW YORK, NY / ACCESSWIRE / November 29, 2019 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:

Carbonite, Inc. (NASDAQ:CARB)

The investigation concerns whether Carbonite and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Carbonite to OpenText for $23.00 per share. If you are a Carbonite shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/carbonite-inc-carb-stock-merger-opentext/.

William Lyon Homes (NYSE:WLH)

The investigation concerns whether William Lyon and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of William Lyon to Taylor Morrison Home Corporation. If you are a William Lyon shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/william-lyon-homes-wlh-stock-merger-taylor-morrison/.

Aircastle Limited (NYSE:AYR)

The investigation concerns whether Aircastle and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Aircastle to affiliates of Marubeni Corporation and Mizuho Leasing Company, Limited for $32.00 per share. If you are an Aircastle shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/aircastle-limited-ayr-stock-merger-marubeni-mizuho/.

On behalf of shareholders of these companies, Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLP

ReleaseID: 568525

INVESTOR ALERT: Monteverde & Associates PC Reminds Investors of an Ongoing Inquiry Regarding the Transaction

NEW YORK, NY / ACCESSWIRE / November 29, 2019 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating:

Innophos Holdings, Inc (NASDAQ:IPHS) ("Innophos") related to its sale to Iris Parent LLC ("Iris"). Under the terms of the Agreement, each share of Innophos common stock will be converted into the right to receive $32.00 in cash per share of Innophos common stock owned. Click here for more information: https://www.monteverdelaw.com/case/innophos-holdings-inc. It is free and there is no cost or obligation to you.
Liberty Property Trust (NYSE:LPT) in regards to its sale to Prologis, Inc. Under the terms of the Merger Agreement, Liberty Property shareholders will have the right to receive 0.675 shares of Prologis common stock for each Liberty Property common stock owned. Click here for more information: https://www.monteverdelaw.com/case/liberty-property-trust. It is free and there is no cost or obligation to you.
IBERIABANK Corporation (NASDAQ:IBKC) related to its sale to First Horizon National Corporation. Under the terms of the merger agreement, each share of IBKC common stock will be converted into the right to receive 4.584 shares of First Horizon common stock for each IBKC common stock owned. Click here for more information: https://www.monteverdelaw.com/case/iberiabank-corporation. It is free and there is no cost or obligation to you.
 

 

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019 an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.

If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:

Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2019 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC

ReleaseID: 568522

Kat Florence – A Moment with the Celebrity Designer Working with the World’s Largest Gemstones

Celebrity designer Kat Florence works with world's rarest and largest gemstones

BERLIN, GERMANY / ACCESSWIRE / November 29, 2019 / With a Master's degree in Education and Science, Ms. Florence intrigued with a new way of teaching developed in Italy called the Reggio Emilia Approach, an innovative and artistic educational philosophy, which creates dynamic environments for children to explore, Kat took a position working side by side with one of the founding members in the bustling city of Bangkok. Ms. Florence continued for 10 years to educate teachers and guide children through this dynamic approach to learning.

While in Bangkok, Kat started designing jewelry and working with precious metals like platinum and gold. Although growing up in the wild landscape of Canada and with her degree in Science, she recognized the innate desire to take care and frame the rarest gemstones in the world. She started to search for Mother Nature's Art, the rarest natural precious gemstones.

After multiple attempts trying to break into the gemstone world, Kat Florence learned about an opportunity to work with the renowned Gem Hunter Don Kogen during the famous Game of Stones show for Discovery Channel.

Don Kogen's introduction to the world's rarest gemstones teamed up with Kat's natural talent and the brand Kat Florence was born.

Kat Florence Masterpieces, distributed in 5 continents, are collected by the world's greatest jewelry connoisseurs. While constantly breaking records at auctions, Kat Florence jewelry is regularly seen on red carpets, as well as at the most luxurious events.

Kat Florence's approach to crafting and designing Jewelry is based on her philosophy to treasure the gifts from Mother Nature. Her motivation lies in creating a new level of luxury where the stone narrates the design at the highest level of craftmanship. As rare jewels are always passed down to the next generation, each piece will always represent a moment in time, a moment to be treasured.

A natural philanthropist, Kat Florence has donated to charities all over the world while also giving back to the countries where her gemstones come from. Nepal, which was hit hard by a massive earthquake propelled Kat Florence to take action and personally get involved. She decided to build a school in the devastated area of Nepal that today educates 600 children a year.

Kat Florence even with all her development and her hundreds of thousands of followers regardless of recognition, still today chooses to directly speak with each client and personally answers all her social media correspondence.

Contact:

Rosalita Life for Kat Florence
Rosalita Griesbach
Email: media@katflorence.com

SOURCE: Rosalita Life

ReleaseID: 568521

Findit Features Member Palmetto Harmony Black Friday Sale

ATLANTA, GA / ACCESSWIRE / November 29, 2019 / Findit, Inc. (OTC PINK:FDIT) owner of Findit.com, a full service social networking content management platform which provides online marketing services, is featuring Findit member Palmetto Harmony for their Black Friday Blowout Sale for holiday shopping gift ideas.

The holidays are now in full swing and Findit wants to bring our members and non-members great online shopping deals for the holidays.

Today we are featuring Palmetto Harmony for their amazing sale.

This sale is underway so shoppers can get the benefits now. Imagine having your shopping done, before Thanksgiving weekend is over. With some great gift ideas offered at Palmetto Harmony it could be.

Palmetto Harmony is a member on Findit and utilizes our full-service content management platform that includes our online marketing services.

Palmetto is offering 30% OFF PLUS FREE SHIPPING Through December 2nd, 2019

Findt.com is a full-service social networking content management online marketing website with services that enhance anyone's online web presence.

Palmetto Harmony offers a wide variety of hemp related products for your skin and other topical uses. Check out their line of skin care facial products which would make anyone smile who receives this great gift.

You can follow Palmetto Harmony on their Findit page at Findit.com/cbd-hemp-oil-topical-cream.

You can begin your shopping a Palmetto Harmony and enjoy great savings of 30% off and Free Shipping now.

Here is our pick of the week from Palmetto Harmony

Findit focuses on reaching the target demographics for each of our members in an effort to heighten brand awareness of their services and in some cases, their extensive product lines.

About Findit, Inc.

Findit, Inc., owns Findit.com which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit to appear in Findit search. The site is an open platform that provides access to Google, Yahoo, Bing and other search engines access to its content posted to Findit so it can be indexed in these search engines as well. Findit provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit Search results. Findit provides an option for anyone to submit URLs that they want indexed in Findit search result, along with posting status updates through Findit Right Now. Status Updates posted in Findit can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit can be shared to other social and bookmarking sites by members and non-members. Findit provides Real Estate Agents the ability to create their own Findit Site where they can pull in their listing and others through their IDX account. Findit, Inc., is focused on the development of monetized Internet-based web products that can provide an increase in brand awareness of our members. Findit, Inc., trades under the stock symbol FDIT on the OTCPinksheets.

Safe Harbor:

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Findit, Inc. to differ materially from those implied or expressed.

CONTACT:

Clark St. Amant
404-443-3224

SOURCE: Findit

ReleaseID: 568520

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of REAL, AZZ and ACB

NEW YORK, NY / ACCESSWIRE / November 29, 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.

The RealReal, Inc. (NASDAQ:REAL)
Class Period: all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company's registration statement issued in connection with the Company's June 27, 2019 initial public offering.
Lead Plaintiff Deadline: January 24, 2020

According to the complaint, The RealReal, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's employees received little training on how to spot fake items; (2) the Company's strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through Company's authentication process was higher than disclosed; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in REAL: http://www.kleinstocklaw.com/pslra-1/the-realreal-inc-loss-submission-form?id=4651&from=1

Azz, Inc. (NYSE:AZZ)
Class Period: July 3, 2018 to October 8, 2019
Lead Plaintiff Deadline: January 3, 2020

The AZZ lawsuit alleges Azz, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) the Company's internal controls over financial reporting were not effective; (2) the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations; and (3) 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 AZZ: http://www.kleinstocklaw.com/pslra-1/azz-inc-loss-submission-form?id=4651&from=1

Aurora Cannabis Inc. (NYSE:ACB)
Class Period: September 11, 2019 to November 14, 2019
Lead Plaintiff Deadline: January 21, 2020

The ACB lawsuit alleges that Aurora Cannabis Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) as opposed to the Company's representations, Aurora's revenue would decline in its first quarter of fiscal 2020 ended September 30, 2019; (2) the Company would halt construction on its Aurora Nordic 2 and Aurora Sun facilities; and (3) as a result, Defendants' statements about its 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 ACB: http://www.kleinstocklaw.com/pslra-1/aurora-cannabis-inc-loss-submission-form?id=4651&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: 568513

CLASS ACTION UPDATE for CC, TEUM and IRBT: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / November 29, 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.

The Chemours Company (NYSE:CC)

CC Lawsuit on behalf of: investors who purchased February 16, 2017 – August 1, 2019
Lead Plaintiff Deadline : December 9, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/the-chemours-company-loss-form?prid=4650&wire=1

According to the filed complaint, during the class period, The Chemours Company 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.

Pareteum Corporation (NASDAQ:TEUM)

TEUM Lawsuit on behalf of: investors who purchased December 14, 2017 – October 21, 2019
Lead Plaintiff Deadline : December 23, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/pareteum-corporation-loss-form?prid=4650&wire=1

According to the filed complaint, during the class period, Pareteum Corporation 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.

iRobot Corporation (NASDAQ:IRBT)

IRBT Lawsuit on behalf of: investors who purchased November 21, 2016 – October 22, 2019
Lead Plaintiff Deadline : December 23, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/irobot-corporation-loss-form?prid=4650&wire=1

The filed complaint alleges that defendants misrepresented the reason for iRobot's acquisitions of Tokyo-based Sales on Demand Corporation and privately-held Robopolis SAS, which was to control the Company's largest distributors so that defendants could inflate sales and revenue figures by stuffing the channel. Defendants further misled investors by repeatedly telling them throughout the Class Period that the Company was seeing continued double-digit revenue growth, and by attributing the growth to increased demand for the Roomba vacuums, when in reality defendants were engaging in channel-stuffing to artificially boost sales. Defendants also misstated that the Company's channel inventory levels had not changed and would not change dramatically from quarter to quarter or year over year, when in fact iRobot was deliberately stuffing the channel in order to claim false revenue growth.

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: 568512

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of DOMO, YJ and ET

NEW YORK, NY / ACCESSWIRE / November 29, 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.

Domo, Inc. (NASDAQ:DOMO)
Class Period: 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.
Lead Plaintiff Deadline: December 16, 2019

The complaint alleges that during the class period Domo, Inc. 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.

Learn about your recoverable losses in DOMO: http://www.kleinstocklaw.com/pslra-1/domo-inc-loss-submission-form?id=4654&from=1

Yunji Inc. (NASDAQ:YJ)
Class Period: on behalf of shareholders who purchased or otherwise acquired Yunji American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's May 2019 initial public offering.
Lead Plaintiff Deadline: January 13, 2020

The YJ lawsuit alleges that Yunji Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was shifting certain of its sales to its marketplace platform; (2) this supply chain restructuring was likely to disrupt Yunji's relationships with suppliers; (3) this supply chain restructuring was likely to have an adverse impact on the Company's financial results; 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.

Learn about your recoverable losses in YJ: http://www.kleinstocklaw.com/pslra-1/yunji-inc-loss-submission-form?id=4654&from=1

Energy Transfer LP (NYSE:ET)
Class Period: February 25, 2017 to November 11, 2019
Lead Plaintiff Deadline: January 20, 2020

The ET lawsuit alleges that throughout the class period, Energy Transfer LP made materially false and/or misleading statements and/or failed to disclose that: (i) Energy Transfer's permits to conduct the Mariner East pipeline project in Pennsylvania were secured via bribery and/or other improper conduct; (ii) the foregoing misconduct increased the risk that the Partnership and/or certain of its employees would be subject to government and/or regulatory action, thereby depreciating the Partnership's unit value; and (iii) as a result, the Partnership's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in ET: http://www.kleinstocklaw.com/pslra-1/energy-transfer-lp-loss-submission-form?id=4654&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: 568516

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of DBX, SDC and INFY

NEW YORK, NY / ACCESSWIRE / November 29, 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.

Dropbox, Inc. (NASDAQGS:DBX)
Class Period: on behalf of all persons who purchased Dropbox Class A common stock pursuant or traceable to the registration statement issued in connection with the Company’s March 23, 2018 initial public offering.
Lead Plaintiff Deadline: December 3, 2019

The DBX lawsuit alleges that Dropbox, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Dropbox had materially overstated its ability to monetize its user base; (2) Dropbox was facing worsening revenue trends, which were negatively impacting the Company at the time of the initial public offering ("IPO"); (3) Dropbox was tracking below its internal revenue and monetization targets at the time of the IPO; and (4) as a result, defendants’ statements about Dropbox’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 DBX: http://www.kleinstocklaw.com/pslra-1/dropbox-inc-loss-submission-form?id=4653&from=1

Smiledirectclub, Inc. (NASDAQ:SDC)
Class Period: 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.
Lead Plaintiff Deadline: December 2, 2019

According to the complaint, Smiledirectclub, Inc. allegedly 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.

Learn about your recoverable losses in SDC: http://www.kleinstocklaw.com/pslra-1/smiledirectclub-inc-loss-submission-form?id=4653&from=1

Infosys Limited (NYSE:INFY)
Class Period: July 7, 2018 to October 20, 2019
Lead Plaintiff Deadline: December 23, 2019

During the class period, Infosys Limited allegedly made materially false and/or misleading statements and/or failed to disclose 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.

Learn about your recoverable losses in INFY: http://www.kleinstocklaw.com/pslra-1/infosys-limited-loss-submission-form?id=4653&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: 568515

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SEE, ADTN and CVET

NEW YORK, NY / ACCESSWIRE / November 29, 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.

Sealed Air Corporation (NYSE:SEE)
Class Period: November 5, 2014 to August 6, 2018
Lead Plaintiff Deadline: December 31, 2019

The SEE lawsuit alleges that throughout the class period, Sealed Air Corporation made materially false and/or misleading statements and/or failed to disclose that: (a) Sealed Air had hired its auditor, E&Y, pursuant to a conflicted and improper process and in order to help facilitate defendants' efforts to engage in accounting fraud; (b) Sealed Air's deduction of $1.49 billion in connection with the Settlement was indefensible and done for the improper purpose of artificially inflating the Company's financial results; (c) Sealed Air had artificially inflated its earnings, cash flows, and operating income during the Class Period; (d) as a result of the above, Sealed Air's Class Period financial statements were materially false and misleading and not prepared in conformance with GAAP; and (e) as a result of the above, Sealed Air's statements regarding its financial results, business, and prospects were materially misleading.

Learn about your recoverable losses in SEE: http://www.kleinstocklaw.com/pslra-1/sealed-air-corporation-loss-submission-form?id=4652&from=1

ADTRAN, Inc. (NASDAQ:ADTN)
Class Period: February 28, 2019 to October 9, 2019
Lead Plaintiff Deadline: December 16, 2019

ADTRAN, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) there were material weaknesses in the Company's internal control over financial reporting; (2) as a result, certain E&O reserves had been improperly reported; (3) as a result, the Company's financial results for certain periods were misstated; (4) there would be a pause in shipments to the Company's Latin American customer; 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 ADTN: http://www.kleinstocklaw.com/pslra-1/adtran-inc-loss-submission-form?id=4652&from=1

Covetrus, Inc. (NASDAQ:CVET)
Class Period: February 8, 2019 to August 12, 2019
Lead Plaintiff Deadline: November 29, 2019

The CVET lawsuit alleges that Covetrus, Inc. made materially false and/or misleading statements and/or failed to disclose 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.

Learn about your recoverable losses in CVET: http://www.kleinstocklaw.com/pslra-1/covetrus-inc-loss-submission-form?id=4652&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

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