The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Henry Schein, Inc. Shareholders and a Lead Plaintiff Deadline of May 7, 2018 (HSIC)
NEW YORK, NY / ACCESSWIRE / May 1,
2018 / The Klein Law Firm announces that a class action
complaint has been filed on behalf of shareholders of Henry Schein, Inc.
(NASDAQ: HSIC) who purchased shares between March 7, 2013 and
February 12, 2018. The action, which was filed
in the United States District Court for the Eastern District of New York,
alleges that the Company violated federal securities laws.
In particular, the complaint alleges
that throughout the Class Period, defendants made materially false and/or
misleading statements and/or failed to disclose that (1) Henry Schein was
engaging in unethical, anti-competitive behavior through agreements with Benco
Dental Supply Company and Patterson Companies, Inc., in violation of United
States antitrust laws; (2) Henry Schein engaged in such behavior, in part, to
help maintain profitability in a consolidating health care industry; (3) these
violations of U.S. antitrust laws would result in heightened scrutiny by the
federal government and a lawsuit filed by the Federal Trade Commission
(“FTC”); (4) Henry Schein failed to maintain adequate internal
controls; and (5) as a result, defendants’ statements about Henry Schein’s
business, operations and prospects were materially false and misleading and/or
lacked a reasonable basis at all relevant times.
Shareholders have until
May 7, 2018 to petition the court for lead
plaintiff status. Your ability to share in any recovery does not require that
you serve as lead plaintiff. You may choose to be an absent class
member.
If you
suffered a loss during the class period and wish to obtain additional
information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or
visit http://www.kleinstocklaw.com/pslra-c/henry-schein-inc?wire=1.
Joseph 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:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
SOURCE:
The Klein Law Firm
ReleaseID: 498166