The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of GLNCY, GLCNF, TAL and UNM
The Klein Law Firm
Aug. 07, 2018
NEW YORK, Aug. 07, 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.
Glencore plc (OTCMKTS:GLNCY, GLCNF) Class Period: September 30, 2016 to July 2, 2018 Lead Plaintiff Deadline: September 7, 2018
The complaint alleges that throughout the class period Glencore plc made materially false and/or misleading statements and/or failed to disclose that: (i) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; and (ii) as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.
On May 18, 2018, Bloomberg reported that the U.K.'s Serious Fraud Office was preparing to open a formal bribery investigation into Glencore. Then on July 3, 2018, Glencore disclosed that the U.S. Department of Justice issued its subsidiary a subpoena to produce documents and other records in connection with its compliance with U.S. money laundering statutes and the Foreign Corrupt Practices Act.
Get additional information about the GLNCY, GLCNF lawsuit: http://www.kleinstocklaw.com/pslra-c/glencore-plc?wire=3
TAL Education Group (NYSE:TAL) Class Period: April 26, 2018 to June 13, 2018 Lead Plaintiff Deadline: August 17, 2018
The complaint alleges that during the class period TAL Education Group made materially false and/or misleading statements and/or failed to disclose that: (1) the Company overstated its net income; (2) the Company's net income was deteriorating; and (3) as a result of the foregoing, Defendants' statements about TAL's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional information about the TAL lawsuit: http://www.kleinstocklaw.com/pslra-c/tal-education-group?wire=3
Unum Group (NYSE:UNM) Class Period: October 27, 2016 to May 1, 2018 Lead Plaintiff Deadline: August 13, 2018
According to the complaint, Unum Group allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) the Company was experiencing a higher claims incidence for its long-term care business; (ii) the Company was experiencing less favorable policy terminations in connection with its long-term care business; (iii) the Company had grossly miscalculated the actuarial assumptions underlying its long-term care business; (iv) premium price hikes could not sustainably offset increasing losses related to the Company’s long-term care business; (v) the Company was subject to a much greater risk of catastrophic losses and major reserve charges than represented to investors; and (vi) as a result of the foregoing, the Company would not be able to maintain its long-term care interest adjusted loss ratio in the 85% to 90% range.
Get additional information about the UNM lawsuit: http://www.kleinstocklaw.com/pslra-c/unum-group?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.