CLASS ACTION UPDATE for GSM, VALE, MHLD and BRS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, Feb. 26, 2019 (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.
Ferroglobe PLC (NASDAQ: GSM) Class Period: August 21, 2018 - November 26, 2018 Lead Plaintiff Deadline: March 25, 2019 Join the action: https://www.zlk.com/pslra-1/ferroglobe-plc-loss-form?wire=3
About the lawsuit: During the class period, Ferroglobe PLC allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) there was excess supply of the Company’s products; (2) demand for the Company’s products was declining; (3) as a result, the pricing of the Company’s products would be materially impacted; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
To learn more about the Ferroglobe PLC class action contact firstname.lastname@example.org.
Vale S.A. (NYSE: VALE) Class Period: April 11, 2017 - January 28, 2019 Lead Plaintiff Deadline: March 29, 2019 Join the action: https://www.zlk.com/pslra-1/vale-s-a-loss-form?wire=3
About the lawsuit: Vale S.A. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Vale had failed to adequately assess the risk and damage potential of a dam breach at its Feijão iron ore mine especially in light of its experience in 2015; (ii) Vale’s programs to mitigate health and safety incidents were inadequate; (iii) Defendants filed to disclose that Vale’s auditor was not independent, as required under Brazilian mining law; (iv) Defendants failed to disclose that an internal report commissioned by Vale in 2018 to assess the stability of the tailings dam raised concerns over its drainage and monitoring systems; (v) Defendants failed to disclose the existence of information that the dam was at risk of “liquefaction,” the same issue that led to the 2015 collapse of the Samarco dam; and (vi) as a result, Vale’s public statements were materially false and misleading at all relevant times.
To learn more about the Vale S.A. class action contact email@example.com.
Maiden Holdings, Ltd. (NASDAQGS: MHLD) Class Period: March 4, 2014 - November 9, 2018 Lead Plaintiff Deadline: April 12, 2019 Join the action: https://www.zlk.com/pslra-1/maiden-holdings-ltd-loss-form?wire=3
The complaint alleges that during the Class Period, defendants misrepresented the quality and nature of Maiden’s underwriting and risk management policies and practices and the risks of its reinsurance portfolio. In particular, defendants misleadingly claimed that they were subjecting AmTrust’s insurance portfolio to robust analysis and cross-checks to ensure that the Company had appropriately priced the risk of reinsuring AmTrust’s insurance portfolio. In truth, the Company had failed to employ sufficient underwriting and risk management protocols and had largely abdicated its responsibility to ensure that its AmTrust Reinsurance segment priced policies commensurate with the risk assumed by the Company.
To learn more about the Maiden Holdings, Ltd. class action contact firstname.lastname@example.org.
Bristow Group Inc. (NYSE: BRS) Class Period: February 8, 2018 - February 12, 2019 Lead Plaintiff Deadline: April 15, 2019 Join the action: https://www.zlk.com/pslra-1/bristow-group-inc-loss-form?wire=3
About the lawsuit: Bristow Group Inc. allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (1) Bristow lacked adequate monitoring processes related to non-financial covenants within its secured financing and lease agreements; (2) Bristow could not reasonably assure compliance with certain non-financial covenants; (3) Bristow was reasonably likely to breach certain agreements; (4) Bristow had understated its short-term debt; (5) the required corrections would materially impact financial statements; (6) there was a material weakness in Bristow’s internal controls over financial reporting; and (7) as a result of the foregoing, defendants’ positive statements about Bristow’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
To learn more about the Bristow Group Inc. class action contact email@example.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 firstname.lastname@example.org Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com