SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Class Action Against THE ADT CORPORATION and Its Board of Directors and a Lead Plaintiff Deadline of June 27, 2014 -- ADT

NEW YORK, April 29, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Florida on behalf of shareholders who purchased The ADT Corporation ("ADT" or the "Company") (NYSE: ADT ) stock between November 27, 2012 and January 29, 2014 (the "Class Period").

Click here to learn more: http://zlk.9nl.com/adt-adt or call: 877-363-5972.

The complaint alleges that throughout the Class Period, defendants issued false and misleading statements concerning the Company's financial condition and business prospects for fiscal 2013 and 2014. In truth, ADT was experiencing reduced demand outside of its ADT Pulse brand, accelerating churn rate and attrition, and increased advertising and service costs, which all impacted its recurring revenue, margins, and earnings. On November 25, 2013, the Company announced in a press release that ADT planned to repurchase the majority of board member Keith A. Meister and Corvex Management LP's ADT common stock at an above-market price of $44.01 per share. In response, ADT's stock price dropped almost 10% to $40.85 per share. On January 30, 2014, the Company issued another press release announcing extremely disappointing first quarter 2014 results. Once again the Company's stock price fell nearly 17% from $37.81 per share to $31.40 per share.

If you suffered a loss in ADT you have until June 27, 2014 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/adt-adt .

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

24X Partners with Standard Chartered for Crypto Leap

Updated Category News Views 37

24X Steps Up the Game with Crypto Addition You gotta give it to 24X—they're not just twiddling their thumbs in the background. These folks in Bermuda have snagged another feather in their cap by expanding their partnership with heavyweight Standard Chartered, bringing Bitcoin and Ethereum into the mix. We're talking big moves here as 24X becomes the first to offer...

Continue Reading
Blurry Vision Explained: Beyond Just a Lens Issue

Updated Category News Views 69

Why Your Vision Might Be Blurry: It's Not Always Simple Dr. Spencer Franz isn’t just another face behind an optometry chart. He’s tackling a topic as blurry as it is relatable—your vision. You'd think a simple tweak of your glasses script might do the trick, but surprise, surprise, vision issues are sneakier than that. Changes in prescriptions are a dime a dozen,...

Continue Reading
Securitize's Bold Move: Venturing into Asset-backed Lending

Updated Category News Views 106

Jumping into the Big League Securitize Corp. is shaking things up with its latest strategic move to acquire River One, an asset-backed financing firm. Now, this ain't just another run-of-the-mill acquisition to throw in the pile—it positions Securitize to plunge into the massive $6 trillion private asset-backed finance market. That's the kind of hefty expansion that...

Continue Reading
Netcapital Faces Legal Storm: Class Action Alert

Updated Category News Views 48

Litigation Clouds Hover Over Netcapital Every seasoned investor knows, when there's smoke, there's usually fire lurking somewhere. And boy, oh boy, is Netcapital Inc. (NASDAQ: NCPL) currently engulfed in quite a storm of controversy. This isn't your run-of-the-mill market hiccup — we're talking about a full-blown class action lawsuit sailing through the courts, with...

Continue Reading
Bright Start 529 Nails 8th Gold Rating: A Game Changer

Updated Category News Views 42

Gold Again: The Bright Start 529 Legacy Shining brightly for the eighth consecutive time, Illinois' Bright Start 529 College Savings Plan has snagged yet another Gold rating from Morningstar. That's no small feat folks, especially in a landscape where nine Gold ratings grace the entire roster of 529 plans in the country. Illinois' treasure chest plan under Treasurer...

Continue Reading
Mesh Security Bolsters Team with Five Cybersecurity Experts

Updated Category News Views 238

New Blood in Cybersecurity: Mesh's Strategic Moves Ever felt like the cybersecurity world is in a constant game of catch-up? You're not wrong. In today's digital battleground, companies don't just need more tools—they need collective wisdom to bind it all together. And it seems like Mesh Security just caught onto that notion, stacking their deck with five new...

Continue Reading
Inventor Unveils Compact Energy Converter Design

Updated Category News Views 109

A Fresh Spark in Energy Conversion Every now and then, something comes along in the energy space that makes you scratch your head and think, "Why didn't someone cook this up sooner?" Today's head-turner is the STACK COOLER, HEATER AND GENERATOR I AND II, dreamed up by a forward-thinking inventor from Shiocton, Wisconsin. What sets this contraption apart, you ask? Well,...

Continue Reading
VLS Environmental Earns 2026 Top Workplaces Nod

Updated Category News Views 36

Employees Speak, VLS Listens There's nothing quite like a company that knows how to tune in to its crew, and VLS Environmental Solutions has hit the jackpot on this front. Getting crowned as one of the Top Workplaces for 2026 by the Houston Chronicle ain't a small feat—this one comes from the heart of VLS's 1,500-strong team, shouting their cheerleading chants through...

Continue Reading
CMC's CFO Shift: Kenji Hashimoto Steps In

Updated Category News Views 7

CMC's Strategic Financial Transition In the sometimes wild world of business, changes at the top can send ripples through an organization like a hammer strike on a steel pipe. CMC, known for its construction solutions, has announced just such a change with its chief financial officer. Paul Lawrence, the financial hand on the tiller since 2019, is hopping off the boat come...

Continue Reading
Wendy C. Wilson Earns Inner Circle Pinnacle Honor

Updated Category News Views 175

Leadership Recognized: Wendy C. Wilson's Impact Some folks know their way around the trenches of corporate battle, and Wendy C. Wilson is one of them. Known for her grit and savvy, she now takes a coveted spot in The Inner Circle of Excellence as a Pinnacle Professional Member. This title isn't just for show—it's a hat tip to her powerhouse contributions as a speaker on...

Continue Reading

Top 5 Most Recently Viewed Articles

Important Class Action Information for James Hardie Investors

Updated Category News Views 195

Understanding the Class Action for James Hardie Industries In recent developments, investors in James Hardie Industries plc (NYSE: JHX) should be aware of a class action lawsuit that could impact their investment choices significantly. The company, recognized for offering top-tier exterior home products, has faced allegations that could raise concerns among stockholders....

Continue Reading
Pharmaceutical Filtration Market Forecast to Reach $20.97 Billion

Updated Category News Views 140

Overview of Pharmaceutical Filtration Market Trends The pharmaceutical filtration market is witnessing remarkable growth, projected to reach approximately USD 20.97 billion by 2029 from USD 13.31 billion in 2024. The robust expansion of the pharmaceutical industry, coupled with heightened research and development investments in biopharmaceuticals, are key contributors to...

Continue Reading
Sysmex Advances Lab Tech with New XR-Series Launch

Updated Category News Views 35

Sysmex Unveils the XR-Series Revolution Nailing down efficiency and speed in the lab scene ain't no walk in the park, and that's where Sysmex America steps in with their spanking new XR-Series. Fast, reliable, and efficient results are all wrapped up in this cutting-edge hematology solution. From high-complexity labs to the behind-the-scenes details, Sysmex ain't holding...

Continue Reading
Eagles' Potential Upset: Big Game Stats Revealed

Updated Category News Views 203

Insightful Big Game Statistics Unveiled As the excitement surrounding this year's Big Game builds, fans and bettors eagerly anticipate insights about the matchup. GamblingSites.com has compiled a compelling set of statistics that may indicate whether the Philadelphia Eagles can pull off an unexpected victory. This analysis covers significant trends in betting, historical...

Continue Reading
Lucid Diagnostics Secures $15.3 Million to Fuel Cancer Prevention

Updated Category News Views 113

Lucid Diagnostics Completes $15.3 Million Offering Lucid Diagnostics Inc. (NASDAQ: LUCD), a key player in cancer prevention medical diagnostics, has successfully closed its registered direct offering, raising a substantial $15.3 million in gross proceeds. This strategic move is part of Lucid's ongoing efforts to enhance its offerings and expand its influence in the...

Continue Reading