UPCOMING DEADLINES: The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NWL, PRTA, PPG, DB, ANW, and REVG
NEW YORK, July 06, 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.
Newell Brands Inc. (NYSE:NWL) Lead Plaintiff Deadline: August 20, 2018 Class Period: February 6, 2017 - January 24, 2018
Allegations: The Company’s retail channel was loaded with extremely high levels of unsold Newell product; contrary to defendants’ representations, the build-up of Newell inventory in the retail channel was due to Company-specific rather than macroeconomic reasons; as a result of the unusually high levels of unsold inventory in the retail channel, Newell was exposed to a heightened risk that it would experience slower sales growth in future periods; and undisclosed managerial and cultural differences in the legacy Newell and Jarden businesses had created significant discord that was having a material adverse effect on the Company’s operating performance.
Get additional information: http://www.kleinstocklaw.com/pslra-c/newell-brands-inc?wire=3.
Prothena Corporation (NASDAQ:PRTA)Lead Plaintiff Deadline: July 16, 2018Class Period: October 15, 2015 - April 20, 2018
Allegations: Prothena made materially false and/or misleading statements or failed to disclose that: relevant trial data showed that Prothena’s antibody NEOD001, designed to treat amyloid light chain amyloidosis (“AL amyloidosis”), was not an effective treatment; the Company made misleading comparisons of NEOD001’s “best response” rates against certain prior studies; and the Company touted Prothena’s ongoing Phase 1/2 study of NEOD001 as providing a strong basis for late-stage Phase 2b and Phase 3 studies of NEOD001, even though the full Phase 1/2 study data demonstrated that NEOD001 was not an effective treatment.
Get additional information: http://www.kleinstocklaw.com/pslra-c/prothena-corporation-2?wire=3.
PPG Industries, Inc. (NYSE:PPG) Lead Plaintiff Deadline: July 19, 2018 Class Period: April 24, 2017 - May 10, 2018
Allegations: PPG’s consolidated financial statements for the year ended December 31, 2017 and quarterly financial statements for 2017 contained improper accounting entries and could not be relied upon; PPG failed to maintain adequate internal controls; and as a result, defendants’ public statements were materially false and misleading at all relevant times.
Get additional information: http://www.kleinstocklaw.com/pslra-c/ppg-industries-inc-2?wire=3.
Deutsche Bank Aktiengesellschaft (NYSE:DB) Lead Plaintiff Deadline: August 6, 2018 Class Period: March 20, 2017 - March 30, 2018
Allegations: Deutsche Bank made materially false and/or misleading statements or failed to disclose that: Deutsche Bank’s internal control environment and infrastructure were materially weak and deficient; and as a result, Deutsche Bank’s statements about the Company’s business and operations were materially false and misleading at all relevant times.
Get additional information: http://www.kleinstocklaw.com/pslra-c/deutsche-bank-aktiengesellschaft-2?wire=3.
Aegean Marine Petroleum Network Inc. (NYSE:ANW)Lead Plaintiff Deadline: August 6, 2018 Class Period: April 28, 2016 - June 4, 2018
Allegations: Aegean had improperly accounted for an approximate $200 million of accounts receivable as of December 31, 2017; Aegean failed to maintain effective internal control over financial reporting; and as a result of the foregoing, Defendants’ statements about Aegean’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Get additional information: http://www.kleinstocklaw.com/pslra-c/aegean-marine-petroleum-network-inc?wire=3.
REV Group, Inc. (NYSE:REVG)Lead Plaintiff Deadline: August 7, 2018 Class Period: (1) pursuant to the initial public offering on or around January 27, 2017 and/or (2) January 27, 2017 - June 7, 2018
Allegations: the Company was experiencing cost inflation across many of the commodities and services it bought; the Company was experiencing difficulty obtaining the chassis necessary for production; the Company’s margins were being negatively impacted by a lower sales of high margin products; the Company did not have “strong visibility into future net sales” to “effectively plan” and manage its backlog of vehicles; the Company’s manufacturing operations were not operating efficiently or at a low cost to satisfy customer demand; and as a result of the foregoing, Defendants’ statements about REV’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional information: http://www.kleinstocklaw.com/pslra-c/rev-group-inc?wire=3.
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.