AP NEWS

CLASS ACTION UPDATE for ALGN, AQUA, EIX and MDR: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

December 23, 2018

NEW YORK, Dec. 23, 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.

Align Technology, Inc. (NASDAQGS: ALGN) Class Period: April 25, 2018 - October 24, 2018 Lead Plaintiff Deadline: January 4, 2019 Join the action: https://www.zlk.com/pslra-1/align-technology-inc-loss-form?wire=3

About the lawsuit: Throughout the class period, Align Technology, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) at the beginning of the year the Company changed its North American Advantage Customer Loyalty Program by extending the discount qualification period from quarterly to semi-annual and created additional incentive tiers which was intended to, and did, result in “higher overall discounts” for its doctor customers and substantial reduction of the average sales price (ASP); (2) in Q3 the Company initiated a new Invisalign product promotion that resulted in substantial reduction of its ASP; (3) the promotions and discounts would materially impact net income as a result of reduced profit margins; 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 Align Technology, Inc. class action contact jlevi@levikorsinsky.com.

Evoqua Water Technologies Corp. (NYSE: AQUA) Class Period: November 6, 2017 - October 30, 2018 Lead Plaintiff Deadline: January 7, 2019 Join the action: https://www.zlk.com/pslra-1/evoqua-water-technologies-corp-loss-form?wire=3

About the lawsuit: During the class period, Evoqua Water Technologies Corp. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Evoqua failed to successfully integrate its prior acquisitions; (2) Evoqua was experiencing supply chain disruptions influenced by tariffs and an extended delay on a large aquatics project; and (3) as a result, Evoqua’s public statements were materially false and misleading at all relevant times.

To learn more about the Evoqua Water Technologies Corp. class action contact jlevi@levikorsinsky.com.

Edison International (NYSE: EIX) Class Period: February 23, 2016 - November 12, 2018 Lead Plaintiff Deadline: January 15, 2019 Join the action: https://www.zlk.com/pslra-1/edison-international-loss-form?wire=3

About the lawsuit: Edison International allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (i) the Company failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; (ii) consequently, the Company was in violation of state law and regulations; (iii) the Company’s noncompliant electricity networks created a significantly heightened risk of wildfires in California; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

To learn more about the Edison International class action contact jlevi@levikorsinsky.com.

McDermott International, Inc. (NYSE: MDR) Class Period: January 24, 2018 - October 30, 2018 Lead Plaintiff Deadline: January 15, 2019 Join the action: https://www.zlk.com/pslra-1/mcdermott-international-inc-loss-form?wire=3

About the lawsuit: Throughout the class period, McDermott International, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was facing strong headwinds and would fail to meet revenue and earnings estimates; (2) there were material problems with the integration of the CB&I business; (3) certain CB&I projects were reasonably likely to incur higher costs; (4) as a result, the fair value of these CB&I projects would be materially impacted; and (5) 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 McDermott International, Inc. 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) 363-7171 www.zlk.com

AP RADIO
Update hourly