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CLASS ACTION UPDATE for TRCO, USAT and MCHP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

November 6, 2018

NEW YORK, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Tribune Media Company (NYSE: TRCO)Class Period: November 29, 2017 - July 16, 2018Lead Plaintiff Deadline: November 13, 2018Join the action: https://www.zlk.com/pslra-1/tribune-media-company-loss-form?wire=3

Allegations: Tribune Media Company made materially false and/or misleading statements and/or failed to disclose that: (1) Sinclair Broadcasting Group, Inc., which had agreed to merge with Tribune, was refusing to divest itself of television stations in certain markets necessary in order to secure regulatory approval; and (2) Sinclair was taking the position that it was not legally or contractually obligated to complete the identified divestitures to ensure regulatory approval.

To learn more about the Tribune Media Company class action contact jlevi@levikorsinsky.com.

USA Technologies, Inc. (NASDAQGM: USAT)Class Period: November 9, 2017 - September 11, 2018Lead Plaintiff Deadline: November 13, 2018Join the action: https://www.zlk.com/pslra-1/usa-technologies-inc-loss-form?wire=3

Allegations: USA Technologies, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) USA Technologies’ treatment of contractual arrangements in its financial statements would result in an internal investigation and delay the filing of its annual report for fiscal year 2018; (2) consequently, USA Technologies’ internal controls over financial reporting were weak and deficient; (3) as a result, defendants’ statements about USA Technologies’ business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the USA Technologies, Inc. class action contact jlevi@levikorsinsky.com.

Microchip Technology Inc. (NASDAQGS: MCHP)Class Period: March 2, 2018 - August 9, 2018Lead Plaintiff Deadline: November 16, 2018Join the action: https://www.zlk.com/pslra-1/microchip-technology-inc-loss-form?wire=3

Allegations: During the class period, Microchip Technology Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Microsemi’s financial performance was underperforming Microchip’s expectations; and (2) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, including positive statements about Microsemi, were materially misleading and/or lacked a reasonable basis.

To learn more about the Microchip Technology Inc. class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.55 Broadway, 10th FloorNew York, NY 10006 jlevi@levikorsinsky.com Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com

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