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CLASS ACTION UPDATE for LCI and CHGG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

October 9, 2018

NEW YORK, Oct. 09, 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.

Lannett Company, Inc. (NYSE: LCI) Class Period: February 7, 2018 - August 17, 2018 Lead Plaintiff Deadline: October 26, 2018 Join the action: http://www.zlk.com/pslra-1/lannett-company-inc-loss-form?wire=3

The lawsuit alleges: Lannett Company, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) Lannett faced a substantial risk of the loss of its exclusivity agreement with Jerome Stevens Pharmaceuticals; (2) accordingly, Lannett’s reported revenues were unsustainable; and (3) as a result, Lannett’s public statements were materially false and misleading at all relevant times.

To learn more about the Lannett Company, Inc. class action contact jlevi@levikorsinsky.com.

Chegg, Inc. (NYSE: CHGG) Class Period: July 30, 2018 - September 25, 2018 Lead Plaintiff Deadline: November 26, 2018 Join the action: https://www.zlk.com/pslra-1/chegg-inc-loss-form?wire=3

The lawsuit alleges that, during the class period, Chegg, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate security measures to protect users’ data; (2) the Company lacked the internal controls and procedures to detect unauthorized access to its systems and to its data; (3) as a result, the Company would incur additional expenses and litigation risks; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

To learn more about the Chegg, 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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