NEW YORK, July 23, 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.
Ormat Technologies, Inc. (NYSE: ORA ) Class Period: August 8, 2017 to May 15, 2018 Lead Plaintiff Deadline: August 8, 2018
The lawsuit alleges that throughout the class period, Ormat Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) there were errors in the income tax provision primarily relating to Ormat’s valuation allowance based on its ability to utilize foreign tax credits in the U.S. prior to their expiration; (2) Ormat netted certain deferred income tax assets and deferred income tax liabilities across different tax jurisdictions that are not permitted to be netted pursuant to United States generally accepted accounting principles; (3) Ormat’s internal controls over financial reporting were ineffective; (4) Ormat would need to restate its second, third and fourth quarter 2017 financial statements and its full-year 2017 financial statements; and (5) as a result, defendants’ statements about Ormat’s business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times.
Get additional information about the ORA lawsuit: http://www.kleinstocklaw.com/pslra-c/ormat-te...c-2?wire=3 .
Recro Pharma, Inc. (NASDAQ: REPH ) Lead Plaintiff Deadline: July 30, 2018 Class Period: July 31, 2017 - May 23, 2018
Allegations: (1) the Company's lead product, IV meloxicam, lacked supporting clinical data to show sufficient clinical benefits to receive U.S. Food and Drug Administration ("FDA") approval; and (2) as a result, Recro Pharma's public statements were materially false and misleading at all relevant times.
Get additional information: http://www.kleinstocklaw.com/pslra-c/recro-ph...c-2?wire=3 .
Fluor Corporation (NYSE: FLR ) Class Period: August 14, 2013 to May 3, 2018 Lead Plaintiff Deadline: July 24, 2018
During the class period, Fluor Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.
Get additional information about the FLR lawsuit: http://www.kleinstocklaw.com/pslra-c/fluor-co...ion?wire=3 .
National Beverage Corp. (NASDAQ: FIZZ ) Class Period: July 17, 2014 to July 3, 2018 Lead Plaintiff Deadline: September 17, 2018
According to the complaint, National Beverage Corp. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) National Beverage's sales claims and its supposed "proprietary techniques" lacked a verifiable basis; (2) the Company's Chairman and CEO engaged in a pattern of sexual misconduct between 2014 and 2016; and (3) as a result, National Beverage's public statements were materially false and misleading at all relevant times. On May 4, 2017, National Beverage issued a press release stating that it “employs methods that no other company does in this area—VPO (velocity per outlet) and VPC (velocity per capita).” National Beverage asserted that it “utilize[s] two proprietary techniques to magnify these measures and this creates growth never before thought possible.” Then on June 26, 2018 the Wall Street Journal reported that National Beverage had declined to provide the U.S. Securities and Exchange Commission with requested sales figures to clarify their sales claims. Then on July 3, 2018, the Wall Street Journal published an article reporting that two pilots had filed lawsuits alleging that National Beverage's CEO had sexually harassed them.
Get additional information about the FIZZ lawsuit: http://www.kleinstocklaw.com/pslra-c/national...orp?wire=3 .
Newell Brands Inc. (NYSE: NWL ) Class Period: February 6, 2017 to January 24, 2018 Lead Plaintiff Deadline: August 20, 2018
During the class period, Newell Brands Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) the Company’s retail channel was loaded with extremely high levels of unsold Newell product; (ii) contrary to defendants’ representations, the build-up of Newell inventory in the retail channel was due to Company-specific rather than macroeconomic reasons; (iii) 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 (iv) 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 about the NWL lawsuit: http://www.kleinstocklaw.com/pslra-c/newell-b...inc?wire=3 .
P&GE Corporation (NYSE: PCG ) Class Period: April 29, 2015 to June 8, 2018 Lead Plaintiff Deadline: August 13, 2018
The lawsuit alleges P&GE Corporation made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) PG&E had failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; (ii) consequently, PG&E was in violation of state law regulation; (iii) PG&E’s electricity networks would cause numerous wildfires in California; and (iv) as a result of the foregoing, Defendants’ statements about the Company’s business and operations were materially false and misleading at all relevant times.
Get additional information about the PCG lawsuit: http://www.kleinstocklaw.com/pslra-c/pge-corporation?wire=3 .
Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. There is no cost or obligation to you. 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 the webpages provided.
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
