NEW YORK, July 02, 2018 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
TAL Education Group (NYSE: TAL ) Lead Plaintiff Deadline: August 17, 2018 Class Period: April 26, 2018 and June 13, 2018
Allegations: the Company overstated its net income; the Company's net income was deteriorating; and as a result of the foregoing, Defendants' statements about TAL's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis. On June 13, 2018, Muddy Waters website published a report alleging that TAL has been fraudulently overstating its profits since at least the fiscal year 2016. On this news, shares of TAL Education fell from a close of $45.65 on June 12, 2018, to a close of $38.74 on June 15, 2018.
Get additional information: http://www.kleinstocklaw.com/pslra-c/prothena...n-2?wire=3 .
Newell Brands Inc. (NYSE: NWL ) Lead Plaintiff Deadline: August 20, 2018 Class Period: February 6, 2017 and January 24, 2018
Allegations: The Company’s retail channel was loaded with extremely high levels of unsold Newell product; contrary to defendants’ representations, the build-up of Newell inventory in the retail channel was due to Company-specific rather than macroeconomic reasons; as a result of the unusually high levels of unsold inventory in the retail channel, Newell was exposed to a heightened risk that it would experience slower sales growth in future periods; and undisclosed managerial and cultural differences in the legacy Newell and Jarden businesses had created significant discord that was having a material adverse effect on the Company’s operating performance.
Get additional information: http://www.kleinstocklaw.com/pslra-c/newell-b...inc?wire=3 .
Flex Pharma, Inc. (NASDAQ: FLKS ) Lead Plaintiff Deadline: August 20, 2018 Class Period: November 6, 2017 and June 12, 2018
Allegations: The Company overstated the viability and approval prospects for its product candidate FLX-787 for the treatment of amyotrophic lateral sclerosis and Charcot-Marie-Tooth disease; and as a result, Flex Pharma's public statements were materially false and misleading at all relevant times.
Get additional information: http://www.kleinstocklaw.com/pslra-c/flex-pharma-inc?wire=3 .
Restoration Robotics, Inc. (NASDAQGM:HAIR) Lead Plaintiff Deadline: August 21, 2018 Class Period: purchased shares pursuant and/or traceable to the Company’s Initial Public Offering between October 12, 2017 and October 16, 2017
Allegations: The complaint alleges that Restoration Robotics negligently issued untrue statements of material facts in, and omitted to state material facts required to be stated from, the Offering Materials issued in connection with the Initial Public Offering. The complaint further alleges that as a result of the materially misleading Offering Materials, the Company’s stock price was artificially inflated at the time of the IPO.
Get additional information: http://www.kleinstocklaw.com/pslra-c/restorat...air?wire=3 .
Gogo Inc. (NASDAQ: GOGO ) Lead Plaintiff Deadline: August 27, 2018 Class Period: February 27, 2017 and May 7, 2018
Allegations: Gogo’s 2Ku antenna had more reliability issues than the public was led to believe; Gogo’s 2Ku antennas required costly installation and faced costly remediation challenges or required replacement due to deicing fluids from planes infiltrating the 2Ku system, as well as manufacturing and software issues; consequently, Gogo would not be able to meet its previously issued 2018 guidance; and as a result, the company’s financial statements were materially false and misleading at all relevant times.
Get additional information: http://www.kleinstocklaw.com/pslra-c/gogo-inc?wire=3 .
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 jk@kleinstocklaw.com Telephone: (212) 616-4899 Fax: (347) 558-9665 www.kleinstocklaw.com
