AP NEWS

CLASS ACTION UPDATE for APOG, DY and SYF: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

November 30, 2018

NEW YORK, Nov. 30, 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.

Apogee Enterprises, Inc. (NASDAQGS: APOG) Class Period: June 28, 2018 - September 17, 2018 Lead Plaintiff Deadline: January 4, 2019 Join the action: https://www.zlk.com/pslra-1/apogee-enterprises-inc-loss-form?wire=3

About the lawsuit: Apogee Enterprises, Inc. allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (i) Apogee lacked the required labor force in place to ramp-up its production; (ii) Apogee was unable to hire, train and retain new employees; (iii) Apogee’s productivity and margins would be negatively impacted; and (iv) as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

To learn more about the Apogee Enterprises, Inc. class action contact jlevi@levikorsinsky.com.

Dycom Industries, Inc. (NYSE: DY) Class Period: November 20, 2017 - August 10, 2018 Lead Plaintiff Deadline: December 24, 2018 Join the action: https://www.zlk.com/pslra-1/dycom-industries-inc-loss-form?wire=3

About the lawsuit: During the class period, Dycom Industries, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Dycom’s large projects were highly dependent on permitting and tactical considerations, (ii) Dycom was facing great uncertainties related to permitting issues; (iii) said uncertainties would expose Dycom to near-term margin pressure and absorption issues, and (iv) as a result of the foregoing, Defendants’ statements about Dycom’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

To learn more about the Dycom Industries, Inc. class action contact jlevi@levikorsinsky.com.

Synchrony Financial (NYSE: SYF) Class Period: October 21, 2016 - November 1, 2018 Lead Plaintiff Deadline: January 2, 2019 Join the action: https://www.zlk.com/pslra-1/synchrony-financial-loss-form?wire=3

The complaint alleges that during the Class Period, Synchrony falsely represented that its consistent and disciplined underwriting practices had led to a higher quality loan portfolio than those of its competitors. In truth, Synchrony relaxed its underwriting standards and increasingly offered private-label credit cards to riskier borrowers to sustain growth. The truth about Synchrony’s credit standards began to be revealed on April 28, 2017, when the Company announced disappointing first quarter 2017 earnings driven by poor loan performance. Following this disclosure, the Company represented that it had tightened credit standards, but falsely characterized those underwriting changes as modest. In fact, the Company had made significant modifications to its underwriting policies, but concealed that these modifications were damaging its relationships with its retail partners, including Walmart.

To learn more about the Synchrony Financial 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) 363-7171www.zlk.com

AP RADIO
Update hourly