MONDAY DEADLINE REMINDER: The Schall Law Firm Announces the

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
23
MONDAY DEADLINE REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Welbilt, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, Feb. 08, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Welbilt, Inc. (“Welbilt” or “the Company”) (NYSE: WBT ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's shares between February 24, 2017 and November 2, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before February 11, 2019.           

If you are a shareholder who suffered a loss, click here to participate .

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at  www.schallfirm.com , or by email at  brian@schallfirm.com .

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Welbilt failed to maintain effective controls on financial reporting. The Company made errors related to the tax basis of foreign subsidiaries, and treatment of those subsidiary’s intangible assets. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Welbilt, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm Brian Schall, Esq., Sherin Mahdavian, Esq., www.schallfirm.com 310-301-3335 424-303-1964 info@schallfirm.com

SOURCE:

The Schall Law Firm

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Havoc, CSBC Partner for Autonomous Maritime Future

Updated Category News Views 7

A Strategic Move Across the Pacific Well, folks, in an era where the seas aren't just blue but powered by tech-backed autonomy, here's a new chapter—the kind that doesn't just hint at innovation, it screams it. Havoc, that crafty leader in all things autonomous, inked a game-changing deal with Taiwan's shipbuilding behemoth, CSBC Corporation. They're not just building...

Continue Reading
Fermi's Founder Pushes for Board Overhaul: What's Next?

Updated Category News Views 2

Fermi's Roller Coaster: A Founder’s Stand Seems like Fermi Inc. is on a wild ride through the business landscape, and it's giving shareholders more whiplash than satisfaction these days. Toby Neugebauer, co-founder of Fermi and the loudest voice in the room, is feeling like his company is facing some serious turbulence and seems determined not to sit idly by as it hits...

Continue Reading
USFCR Wins 2026 Award for Federal Contracting Services

Updated Category News Views 7

Award-Winning Federal Contracting Strategies News from Clearwater, Florida: US Federal Contractor Registration (USFCR) just bagged the 2026 nod from Gov Business Review as the Federal Contracting Services of the Year. Now that's a feather in the cap worth talking about. This isn't some hallway compliment, folks. It's a signal that they've nailed how to get businesses...

Continue Reading
DCM Services Teams with AKUVO to Boost Estate Recoveries

Updated Category News Views 2

Revolutionizing Estate Recovery Practices Here's the scoop: DCM Services (DCMS), that big shot in estate account resolution, is hooking up with AKUVO to shake up how credit unions handle estate recoveries. This alliance is a clear nod to modernizing a process stuck in the past. Let’s face it, handling decedent and probate accounts is no cakewalk, and traditional methods...

Continue Reading
SES Sells to AFC Industries: A Strategic M&A Move

Updated Category News Views 7

Nashville's Notable Deal in Industrial Supply On a muggy September day in Nashville, XLCS Partners announced it was at the helm of a noteworthy transaction—the sale of Signature Engineered Solutions (SES) to AFC Industries. Now, this isn't just another corporate shuffle; it's a calculated move in the gritty world of fastening and engineered solutions. The Nitty-Gritty...

Continue Reading
Veteran Marketer Joins The Wisory's Advisory Board

Updated Category News Views 5

Tyrrell Schmidt Joins The Wisory's Board Out of the blue, The Wisory has snatched Tyrrell Schmidt right off the retirement bench. This doesn't seem like just another board seating; it smells like a calculated power play. Schmidt, fresh from her heavyweight stint as Global CMO at TD Bank, adds a spicy dose of marketing prowess to The Wisory's already loaded Advisory Board....

Continue Reading
Flex Dental Solutions Adds BNPL, Surcharging to FlexPayments

Updated Category News Views 7

Diving into Dental Finances: A New Moneymaker? It's about time someone shook up the dental payment scene, and Flex Dental Solutions seems to be the one doing it. They rolled out some intriguing new features for their FlexPayments platform aimed squarely at dental practices using Open Dental. What we're seeing here is their attempt to bridge a couple of financial headaches...

Continue Reading
Bitwise Pulls Plug on Dogecoin ETF Amid Market Risks

Updated Category News Views 8

Bitwise Ditches Dogecoin ETF: End of a Speculative Era Who knew that a digital asset inspired by an internet meme would get a platform on Wall Street? Well, Bitwise did. They rallied behind Dogecoin, launching the Bitwise Dogecoin ETF, ticker BWOW. But as of September 10, 2026, the fund's journey is coming to an end with liquidation just around the corner. What Sparked...

Continue Reading
World Fire Congress 2026 Champions Global Fire Safety

Updated Category News Views 7

Rethinking Fire Safety with a Global Mindset The 2026 World Fire Congress wrapped up in London, signaling a big shift in how we tackle fire safety. Over 60 nations were represented, and they all walked away singing the same tune: if we’re going to handle these ever-mounting fire risks, we have to lean on each other a lot more. Next stop on this crusade? The flashy city...

Continue Reading
CrossCountry Mortgage Boosts Loan Limits, Flexibility for 2027

Updated Category News Views 27

Trailblazing in the Mortgage Game Well, what do we have here? CrossCountry Mortgage, the big cheese of retail mortgage lenders, is cranking up their conforming loan limits to a hefty $845,000. They're jumping the gun on the Federal Housing Finance Agency's official 2027 announcement. It's a classic move—proactive, bold, and a bit of a gamble, if you ask me. They’re...

Continue Reading

Top 5 Most Recently Viewed Articles

DEVIL-DOG® Dungarees Celebrates Major Charity Milestone

Updated Category News Views 79

DEVIL-DOG® Dungarees Reaches Charitable Milestone DEVIL-DOG® Dungarees, a brand known for its vintage-inspired men's lifestyle apparel, has proudly reached a significant milestone by donating a total of $175,000 to the Wounded Warrior Project (WWP) since 2019. In its latest commitment, the brand has contributed $25,000 to support the organization and honor its mission,...

Continue Reading
In-Depth Look at Equinor ASA's Recent Share Buyback Program

Updated Category News Views 623

Understanding Equinor ASA's Share Buyback Program Equinor ASA is actively involved in its share buyback program, showing a strong commitment to increasing shareholder value. Currently in its third tranche for the year, this program highlights the company’s solid financial health and strategic planning within the energy sector. The third tranche is set to take place from...

Continue Reading
McLean & Company Enhances HR Strategies with New Reports

Updated Category News Views 67

Transforming HR with New Benchmark Reports McLean & Company, a global HR research and advisory firm, has introduced new benchmark reports centered on essential aspects influencing the new hire and exit stages of the employee lifecycle. These insightful reports are crafted to equip HR leaders with valuable data that reveal trends affecting talent acquisition and retention...

Continue Reading
Binance Empowers Law Enforcement in the Cybercrime Battle

Updated Category News Views 165

Binance Drives Collaboration to Enhance Cybercrime Response In a groundbreaking initiative held recently, Binance, the leading blockchain ecosystem and owner of the largest cryptocurrency exchange globally, has marked a significant step forward in combating cybercrime. Together with Gulf Binance Co., Ltd., they successfully organized the first cross-regional law...

Continue Reading
Explore Panasonic's New Ultra-Telephoto Zoom Lens Release

Updated Category News Views 152

Panasonic Unveils the LUMIX S 100-500mm F5-7.1 O.I.S. Lens Panasonic has made an exciting announcement regarding its photographic equipment. The new LUMIX S 100-500mm F5-7.1 O.I.S. lens marks a significant addition to their popular LUMIX S Series lineup. This lens is notable as the first ultra-telephoto zoom lens of its kind, boasting remarkable specifications and...

Continue Reading