CLASS ACTION UPDATE for STMP, WTW, SYNH and CTL: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, March 07, 2019 (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.
Stamps.com Inc. (NASDAQ: STMP) Class Period: May 3, 2017 - February 21, 2019 Lead Plaintiff Deadline: April 29, 2019 Join the action: https://www.zlk.com/pslra-1/stamps-com-inc-loss-form?wire=3
Allegations: Stamps.com Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company’s financial results depended on the manipulation of a USPS program that cost USPS an estimated $235 million per year; and (ii) as a result, the Company’s business was unsustainable and its financial results were highly misleading.
To learn more about the Stamps.com Inc. class action contact email@example.com.
Weight Watchers International, Inc. (NASDAQ: WTW) Class Period: May 4, 2018 - February 26, 2019 Lead Plaintiff Deadline: May 3, 2019 Join the action: https://www.zlk.com/pslra-1/weight-watchers-international-inc-loss-form?wire=3
Allegations: Weight Watchers International, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (a) Weight Watchers was experiencing diminished subscriber demand attributable due to the onslaught of new competing smartphone fitness apps, meal-delivery services, and other tech advances was driving down Weight Watchers’ new subscriber growth and its subscriber retention rates; (b) diminished subscriber growth, when coupled with the much larger number of fourth quarter subscription lapses that Weight Watchers typically experiences, made it highly unlikely that the Company would retain four million subscribers by the end of 2018; (c) Weight Watchers was not on track to grow its subscriber count to five million or to drive annual revenues to more than $2 billion by the end-of-2020; (d) a decreased subscriber count would result in decreased revenues and profits; and (e) as a result, Defendants’ statements about Weight Watchers’ business metrics and financial prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
To learn more about the Weight Watchers International, Inc. class action contact firstname.lastname@example.org.
Syneos Health, Inc. (NASDAQ: SYNH) Class Period: May 10, 2017 - February 27, 2019 Lead Plaintiff Deadline: April 30, 2019 Join the action: https://www.zlk.com/pslra-1/syneos-health-inc-loss-form?wire=3
Allegations: Syneos Health, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Syneos Health’s internal control over financial reporting was inadequate; (2) concerns regarding Syneos Health’s internal control over financial reporting would result in heightened regulatory scrutiny and an SEC investigation into the company’s revenue accounting policies, internal controls and related matters; and (3) as a result, defendants’ statements about Syneos Health’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.
To learn more about the Syneos Health, Inc. class action contact email@example.com.
CenturyLink, Inc. (NYSE: CTL) Class Period: May 10, 2018 - March 4, 2019 Lead Plaintiff Deadline: May 6, 2019 Join the action: https://www.zlk.com/pslra-1/centurylink-inc-loss-form?wire=3
Allegations: CenturyLink, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) CenturyLink had undisclosed material weaknesses in its internal controls over revenue recording processes and the procedures for measuring fair value of assets and liabilities assumed in connection with its Level 3 Communications, Inc. acquisition; (2) consequently, CenturyLink would delay the filing of its Form 10-K for the fiscal year ended December 31, 2018 despite initially reporting those financial results in a press release dated February 13, 2019; and (3) as a result, CenturyLink’s public statements were materially false and misleading at all relevant times.
To learn more about the CenturyLink, Inc. class action contact firstname.lastname@example.org.
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 email@example.com Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com