The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NLSN, TSLA, LOGM and PDD
NEW YORK, Aug. 26, 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.
Nielsen Holdings plc (NYSE: NLSN) Class Period: February 8, 2018 to July 25, 2018 Lead Plaintiff Deadline: October 9, 2018
Get additional information about the NLSN lawsuit: http://www.kleinstocklaw.com/pslra-c/nielsen-holdings-plc?wire=3
Tesla, Inc. (NASDAQ: TSLA) Class Period: Purchasers of shares between August 7, 2018 and August 14, 2018 and/or who had open short positions or put options for Tesla as of August 7, 2018 or August 8, 2018 Lead Plaintiff Deadline: October 9, 2018
The lawsuit alleges that Tesla, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) that the Defendants had not secured funding for the Going-Private Transaction; (2) that Musk’s statements that the Going-Private Transaction only required shareholder approval were false since the Going-Private Transaction required approval by the Company’s Board of Directors and even the Board was unaware of the funding referred to by Musk; (3) that the status and likelihood of the Going-Private Transaction was misrepresented to the market because financing for it had not been secured and Board approval was required, and (4) as a result of the foregoing, Defendants’ statements about Tesla’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional information about the TSLA lawsuit: http://www.kleinstocklaw.com/pslra-1/tesla-inc-submission-form?wire=3
LogMeIn, Inc. (NASDAQ: LOGM) Class Period: March 1, 2017 to July 26, 2018 Lead Plaintiff Deadline: October 19, 2018
According to the complaint, LogMeIn, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) LogMeIn’s business practices had negatively impacted renewal rates for certain of its services; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Following this news, shares of LogMeIn fell $26.60 to close at $77.85 per share on July 27, 2018.
Get additional information about the LOGM lawsuit: http://www.kleinstocklaw.com/pslra-c/logmein-inc?wire=3
Pinduoduo Inc. (NASDAQ: PDD) Class Period: Pursuant to the July 26, 2018 initial public offering Lead Plaintiff Deadline: October 22, 2018
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose that: (i) Pinduoduo’s controls were ineffective to prevent third-party vendors from selling counterfeit goods on the Company’s online platform; (ii) consequently, Pinduoduo’s revenues and the number of active merchants using its platform were traceable in part to unlawful conduct and thus unsustainable; and (iii) as a result, Pinduoduo’s public statements were materially false and misleading at all relevant times.
Get additional information about the PDD lawsuit: http://www.kleinstocklaw.com/pslra-1/pinduoduo-inc-loss-form?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.