SproutNews logo

CLASS ACTION UPDATE for SSL, TVTY and ALGN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / March 16, 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. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

SSL Shareholders Click Here: https://www.zlk.com/pslra-1/sasol-limited-loss-form?prid=5706&wire=1
TVTY Shareholders Click Here: https://www.zlk.com/pslra-1/tivity-health-inc-loss-form?prid=5706&wire=1
ALGN Shareholders Click Here: https://www.zlk.com/pslra-1/align-technology-inc-loss-form-2?prid=5706&wire=1

* ADDITIONAL INFORMATION BELOW *

Sasol Limited (NYSE:SSL)

SSL Lawsuit on behalf of: investors who purchased March 10, 2015 – January 13, 2020
Lead Plaintiff Deadline: April 6, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/sasol-limited-loss-form?prid=5706&wire=1

According to the filed complaint, during the class period, Sasol Limited made materially false and/or misleading statements and/or failed to disclose that: (i) Sasol had conducted insufficient due diligence into, and failed to account for multiple issues with, the Lake Charles Chemicals Project ("LCCP"), as well as the true cost of the project; (ii) construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (iii) these issues were exacerbated by Sasol's top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project's oversight; (iv) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

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
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/tivity-health-inc-loss-form?prid=5706&wire=1

According to the filed complaint, during the class period, Tivity Health, Inc. made materially false and/or misleading statements 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.

Align Technology, Inc. (NASDAQ:ALGN)

ALGN Lawsuit on behalf of: investors who purchased April 24, 2019 – July 24, 2019
Lead Plaintiff Deadline: May 1, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/align-technology-inc-loss-form-2?prid=5706&wire=1

According to the filed complaint, during the class period, Align Technology, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Align was then experiencing a significant decline in demand for its products in the important Chinese market; (b) Chinese consumer sentiment towards the Company was deteriorating; and (c) as a result of the foregoing, Defendants' positive statements about Align and its businesses were lacking in a reasonable basis.

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 nationally recognized 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: 581054

Go Top