CLASS ACTION UPDATE for MFGP and FLR: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, July 12, 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; further details about the cases can be found at the links provided.
Micro Focus International plc (NYSE:MFGP)Class Period: September 1, 2017 - March 19, 2018, and/or pursuant to the August 4, 2017 Registration Statement or August 22, 2017 ProspectusLead Plaintiff Deadline: July 23, 2018
According to the complaint, the Registration Statement and Prospectus filed for the Company’s Initial Public Offering contained materially false and misleading information and/or failed to disclose material information, and Micro Focus made materially false and misleading statements and/or failed to disclose material information throughout the class period.
To learn more about the Micro Focus class action go to: http://www.zlk.com/pslra-d/micro-focus-international-plc?wire=3.
Fluor Corporation (NYSE:FLR) Class Period: August 14, 2013 - May 3, 2018Lead Plaintiff Deadline: July 24, 2018
According to the complaint, throughout the Class Period Fluor made false and/or misleading statements and/or failed to disclose that Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; Fluor had improperly estimated the gas-fire projects; as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; Fluor would incur multiple charges impacting quarterly results; and Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.
To learn more about the Fluor class action go to: http://www.zlk.com/pslra-d/fluor-class-action?wire=3.
You have until the lead plaintiff deadlines to request the court appoint 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.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com