INVESTOR ALERT: FSCT and MHK: Bronstein, Gewirtz & Grossman LLC Reminds Shareholders With Losses Exceeding $100K of Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / January 29, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can 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. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Forescout Technologies, Inc. (NASDAQ:FSCT)

Class Period: February 7, 2019 – October 9, 2019

Deadline: March 2, 2020
For more info: www.bgandg.com/fsct

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Forescout was experiencing significant volatility with respect to large deals and issues related to the timing and execution of deals in the Company's pipeline, especially in Europe, the Middle East, and Africa; (2) the foregoing was reasonably likely to have a material negative impact on the Company's financial results; and (3) as a result, the Company's public statements were materially false and misleading at all relevant times.

Mohawk Industries, Inc. (NASDAQ:MHK)

Class Period: April 28, 2017 – July 25, 2019

Deadline: March 3, 2020
For more info: www.bgandg.com/mhk

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Mohawk's sales growth and the demand for its conventional flooring products; (2) the Company falsely assured stockholders about its increasing accounts receivable and inventory levels during the Class Period by falsely attributing those increases to external factors like rising raw material costs and inflation; and (3) consequently, Mohawk stock traded at artificially inflated prices during the Class Period.

Contact:

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

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 573957