17/02/2017 16:00:56

VSTO INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Vista Outdoor, Inc. and a Lead Plaintiff Deadline of March 27, 2017

Related content
23 Mar - 
DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Rem..
21 Mar - 
VSTO INVESTOR ALERT: The Law Offices of Vincent Wong Re..
09 Mar - 
Vista Outdoor Investor Deadline Reminder: Hagens Berman..

NEW YORK, Feb. 17, 2017 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of Utah on behalf of investors who purchased Vista Outdoor, Inc. (NYSE:VSTO) securities between August 11, 2016, and January 13, 2017.

Click here to learn about the case: http://www.wongesq.com/pslra/vista-outdoor-inc. There is no cost or obligation to you.

According to the complaint, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (1) that Vista was experiencing an acceleration in the softening of the retail environment and an acceleration in its own promotional activity; (2) that, as such, Vista Outdoor was experiencing both revenue and gross margin declines; (3) that, as a result of the foregoing, the Company would have to begin the impairment assessment for its Outdoor Products segment’s reporting units in the third quarter of 2017, rather than with the preparation of the Company’s fiscal year 2017 (“FY17”) annual financial statements; and (4) that, as a result, the Company would have to recognize an impairment charge in the range of $400 million to $450 million.

If you suffered a loss in Vista Outdoor you have until March 27, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/vista-outdoor-inc.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights.  Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   

Vincent Wong, Esq.

39 East Broadway

Suite 304

New York, NY 10002

Tel. 212.425.1140

Fax. 866.699.3880

E-Mail: vw@wongesq.com

Primary Logo

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

Alliance Trust PLC : Net Asset Value(s)

28/03/2017 13:55:21
ALLIANCE TRUST PLC                                    At the close of business on Monday 27 March 2017: The Company's NAV per ordinary share, valued on a bid price basis with Debt at Par, was -       excluding income, 714.6p -       including income, 720.4p  The Company's NAV per ordinary share, valued on a bid price basis with Debt at Fair Value, was -       excluding income..

HSBC Bank Plc : Form 8.5 (EPT/RI) - Redrow PLC

28/03/2017 10:41:26
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offe..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
VivoPower International PLC Announces Substantial Completion and Partial Sale of 43 MW Solar Project in North Carolina
2
BIC : LAUNCH OF BIC SHAVE CLUB, THE FIRST ONLINE SUBSCRIPTION SERVICE WITH A BIC REFILLABLE SHAVER FOR MEN
3
Ericsson presents focused business strategy
4
Ericsson simplifies organization and names Executive Team
5
Signal Announces First Enterprise-Wide Customer Identity Solution

Related stock quotes

Vista Outdoor Inc 19.99 -1.4% Stock price decreasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
29 March 2017 02:17:35
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170324.2 - EUROWEB7 - 2017-03-29 03:17:35 - 2017-03-29 02:17:35 - 1000 - Website: OKAY