The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of LCI, PZZA, SKX and CRON
The Klein Law Firm
Sep. 05, 2018
NEW YORK, Sept. 05, 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.
Lannett Company, Inc. (NYSE: LCI) Class Period: February 7, 2018 to August 17, 2018 Lead Plaintiff Deadline: October 26, 2018
Throughout the class period, Lannett Company, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Lannett faced a substantial risk of the loss of its exclusivity agreement with Jerome Stevens Pharmaceuticals; (2) accordingly, Lannett’s reported revenues were unsustainable; and (3) as a result, Lannett’s public statements were materially false and misleading at all relevant times.
Get additional information about the LCI lawsuit: http://www.kleinstocklaw.com/pslra-1/lannett-company-inc-loss-form?wire=3
Papa John’s International, Inc. (NASDAQ: PZZA) Class Period: February 25, 2014 to July 19, 2018 Lead Plaintiff Deadline: October 29, 2018
The complaint alleges that during the class period Papa John’s International, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Papa John’s executives, including Defendant John H. Schnatter, had engaged in a pattern of sexual harassment and other inappropriate workplace conduct at the Company; (ii) Papa John’s Code of Ethics and Business Conduct was inadequate to prevent the foregoing misconduct; (iii) the foregoing conduct would foreseeably have a negative impact on Papa John’s business and operations, and expose Papa John’s to reputational harm, heightened regulatory scrutiny, and legal liability; and (iv) as a result, Papa John’s public statements were materially false and misleading at all relevant times.
Get additional information about the PZZA lawsuit: http://www.kleinstocklaw.com/pslra-1/papa-johns-international-inc-loss-form?wire=3
Skechers U.S.A., Inc. (NYSE: SKX) Class Period: October 20, 2017 to July 19, 2018 Lead Plaintiff Deadline: November 5, 2018
Skechers U.S.A., Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its international sales growth; (3) Skechers' expenses would outgrow sales for the foreseeable future; (4) Skechers' international sales growth was not sustainable without such outgrown expenses; and (5) as a result of the foregoing, Defendants' statements about Skechers' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional information about the SKX lawsuit: http://www.kleinstocklaw.com/pslra-1/skechers-u-s-a-inc-loss-submission-form?wire=3
Cronos Group, Inc. (NASDAQGM: CRON) Class Period: August 21, 2018 to August 30, 2018 Lead Plaintiff Deadline: November 5, 2018
The complaint alleges that during the class period Cronos Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the size of Cronos’ distribution agreements with the Canadian provinces was relatively small; and (2) as a result of the foregoing, Defendants’ positive statements about Cronos’ business, operations, and prospects were materially false and/or misleading, and/or lacked a reasonable basis. On August 30, 2018, Citron Research published an article entitled “Cronos: The Dark Side of Cannabis Space,” alleging, among other things, that the Company has been “deceiving the investing public by purposely not disclosing the size of its distribution agreements with provinces – unlike every other major cannabis player” and that this was because “the agreements are so small that they could never justify the premium investors are paying for the stock.” On this news, Cronos’ share price fell over 28%, to close at $9.12 per share on August 30, 2018.
Get additional information about the CRON lawsuit: http://www.kleinstocklaw.com/pslra-1/cronos-group-inc-loss-submission-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.