SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Stericycle, Inc. and Reminds Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / July 26, 2016 / Khang & Khang LLP (the “Firm”) announces that a class action lawsuit was filed against Stericycle, Inc. (“Stericycle” or the “Company”) (NASDAQ: SRCL, SRCLP). Investors who purchased or otherwise acquired shares between February 7, 2013 and April 28, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the September 12, 2016 lead plaintiff motion deadline.

If you purchased shares of Stericycle during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The complaint alleges that during the Class Period, Stericycle failed to disclose that it engaged in a scheme whereby it routinely raised the rates it charged smaller customers in violation its contracts with those customers. This inflated revenues and growth. On October 22, 2015, the Company announced disappointing growth rates and revenues during the third quarter of 2015. On April 28, 2016, Stericycle disclosed its results for the first quarter of 2016 which were again below expectations. When this news was announced, the Company’s stock price fell significantly.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 442868