The Klein Law Firm Reminds Investors of Class Acti
Post# of 301275
NEW YORK, Aug. 01, 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.
Mercury Systems, Inc. (NASDAQGS: MRCY) Class Period: October 24, 2017 to April 24, 2018 Lead Plaintiff Deadline: September 10, 2018
During the class period, Mercury Systems, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Mercury’s decision to in-source processing was adversely impacting Mercury’s operating margins and free cash-flow generation and conversion; (ii) Mercury’s model was becoming structurally more working capital intensive; (iii) as a result of the foregoing, Mercury’s public statements were materially false and misleading at all relevant times.
Get additional information about the MRCY lawsuit: http://www.kleinstocklaw.com/pslra-c/mercury-systems?wire=3
REV Group, Inc. (NYSE: REVG) Class Period: Pursuant to the January 27, 2017 IPO and between January 27, 2017 and June 7, 2018 Lead Plaintiff Deadline: August 7, 2018
The lawsuit alleges that throughout the class period, REV Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing cost inflation across many of the commodities and services it bought; (2) the Company was experiencing difficulty obtaining the chassis necessary for production; (3) the Company’s margins were being negatively impacted by a lower sales of high margin products; (4) the Company did not have “strong visibility into future net sales” to “effectively plan” and manage its backlog of vehicles; (5) the Company’s manufacturing operations were not operating efficiently or at a low cost to satisfy customer demand; (6) and as a result of the foregoing, Defendants’ statements about REV’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional information about the REVG lawsuit: http://www.kleinstocklaw.com/pslra-c/rev-group-inc?wire=3
Glencore plc (OTCMKTS: GLCNF, GLNCY) Class Period: September 30, 2016 to July 2, 2018 Lead Plaintiff Deadline: September 7, 2018
The complaint alleges that during the class period Glencore plc made materially false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; (2) and as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times. On May 18, 2018, Bloomberg reported that the U.K.’s Serious Fraud Office was preparing to open a formal bribery investigation into Glencore. Then on July 3, 2018, Glencore disclosed that the U.S. Department of Justice issued its subsidiary a subpoena to produce documents and other records in connection with its compliance with U.S. money laundering statutes and the Foreign Corrupt Practices Act.
Get additional information about the GLCNFG, GLNCY lawsuit: http://www.kleinstocklaw.com/pslra-c/glencore-plc?wire=3
Farmland Partners Inc. (NYSE: FPI) Class Period: May 9, 2017 to July 10, 2018 Lead Plaintiff Deadline: September 10, 2018
Farmland Partners Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Farmland artificially increased its revenues by marking loans to related party tenants; (ii) as a results of the foregoing, Farmland's Class Period revenues were overstated; and (iii) as a result, Farmland's public statements were materially false and misleading at all relevant times.
Get additional information about the FPI lawsuit: http://www.kleinstocklaw.com/pslra-c/farmland...inc?wire=3
Gogo Inc. (NASDAQ: GOGO) Class Period: February 27, 2017 to May 7, 2018 Lead Plaintiff Deadline: August 27, 2018
The complaint alleges Gogo Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Gogo’s 2Ku antenna had more reliability issues than the public was led to believe; (2) 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; (3) consequently, Gogo would not be able to meet its previously issued 2018 guidance; and (4) as a result, the company’s financial statements were materially false and misleading at all relevant times.
Get additional information about the GOGO lawsuit: http://www.kleinstocklaw.com/pslra-c/gogo-inc?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