Glancy Prongay & Murray LLP Announces Investigation on Behalf of Nielsen Holdings plc Investors
LOS ANGELES--(BUSINESS WIRE)--Aug 9, 2018--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Nielsen Holdings plc (“Nielsen” or the “Company”) (NYSE: NLSN ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On July 25, 2018, Nielsen announced that James Attwood would assume the role of Executive Chairman of the Board and Mitch Barns, the current CEO, would retire at the end of 2018. This news came at the same time the Company announced poor second quarter results, falling below analysts’ projections. For the second quarter Nielsen reported adjusted earnings per share of $0.20, compared to analysts’ projections for $0.37 per share. The Company also projected that 2018 revenue would decline 1% year over year. On this news, Nielsen’s share price fell more than 25%, thereby injuring investors.
If you purchased Nielsen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005842/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
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PUB: 08/09/2018 07:14 PM/DISC: 08/09/2018 07:14 PM