CLASS ACTION UPDATE for LK, JELD and TVTY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / February 28, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.
Luckin Coffee Inc. (NASDAQ:LK)
LK Lawsuit on behalf of: investors who purchased November 13, 2019 – January 31, 2020
Lead Plaintiff Deadline: April 13, 2020
Join the action: https://www.zlk.com/pslra-1/luckin-coffee-inc-loss-form?wire=3&prid=5543
Allegations: Luckin Coffee Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
To learn more about the Luckin Coffee Inc. class action, contact jlevi@levikorsinsky.com.
Jeld-Wen Holding, Inc. (NYSE:JELD)
JELD Lawsuit on behalf of: investors who purchased January 26, 2017 – October 15, 2018
Lead Plaintiff Deadline: April 20, 2020
Join the action: https://www.zlk.com/pslra-1/jeld-wen-holding-inc-loss-form?wire=3&prid=5543
Allegations: During the class period, Jeld-Wen Holding, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's products, including doors, did not compete against other manufacturers on price, contrary to Jeld-Wen's representations; (2) the market in which the Company sells its doors is not "highly competitive" as the Company claimed; (3) Jeld-Wen's strong margins and anticipated margin growth were not, as the Company claimed, attributed to changes they had made in Jeld-Wen's business operations and strategies; and (4) Jeld-Wen failed to disclose the Company's anti competitive conduct. Because of the foregoing, Defendants' statements about the Company's business, operations and prospects lacked a reasonable basis.
To learn more about the Jeld-Wen Holding, Inc. class action, contact jlevi@levikorsinsky.com.
Tivity Health, Inc. (NASDAQ:TVTY)
TVTY Lawsuit on behalf of: investors who purchased March 8, 2019 – February 19, 2020
Lead Plaintiff Deadline: April 27, 2020
Join the action: https://www.zlk.com/pslra-1/tivity-health-inc-loss-form?wire=3&prid=5543
Allegations: Tivity Health, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (i) following the Nutrisystem Acquisition, Tivity's Nutrition segment faced significant operational challenges; (ii) the foregoing would foreseeably have a significant impact on Tivity's revenues; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
To learn more about the Tivity Health, Inc. class action, contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request 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
Tel: (212) 363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP
ReleaseID: 578351
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