07/10/2018 16:15:00

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TRCO CHGG MGTI HAS CPB and ACHC

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NEW YORK, Oct. 07, 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.

Tribune Media Company (NYSE: TRCO)

Class Period: November 29, 2017 to July 16, 2018

Lead Plaintiff Deadline: November 13, 2018

The lawsuit alleges that Tribune made materially false and/or misleading statements and/or failed to disclose that: (1) Sinclair Broadcasting Group, Inc., which had agreed to merge with Tribune, was refusing to divest itself of television stations in certain markets necessary in order to secure regulatory approval; and (2) Sinclair was taking the position that it was not legally or contractually obligated to complete the identified divestitures to ensure regulatory approval.

Get additional information about the TRCO lawsuit: https://www.kleinstocklaw.com/pslra-1/tribune-media-company-loss-submission-form?wire=3

Chegg, Inc. (NYSE: CHGG)

Class Period: July 30, 2018 to September 25, 2018

Lead Plaintiff Deadline: November 26, 2018

The lawsuit alleges that Chegg, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked adequate security measures to protect users’ data; (2)  the Company lacked the internal controls and procedures to detect unauthorized access to its systems and to its data; (3)  as a result, the Company would incur additional expenses and litigation risks; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

Get additional information about the CHGG lawsuit: https://www.kleinstocklaw.com/pslra-1/chegg-inc-loss-submission-form?wire=3

MGT Capital Investments Inc. (OTCMKTS: MGTI)

Class Period: October 9, 2015 to September 7, 2018

Lead Plaintiff Deadline: November 27, 2018

The lawsuit alleges that MGT Capital made materially false and/or misleading statements and/or failed to disclose that: (1) defendants were engaged in a pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (2) this illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental scrutiny, including from the SEC; (3) certain of the defendants exercised control over MGT Capital and its management; (4) consequently, the illicit scheme would ultimately cause MGT Capital’s stock to become delisted from NYSE MKT; and (5) as a result, defendants’ statements about MGT Capital’s business and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Get additional information about the MGTI lawsuit: https://www.kleinstocklaw.com/pslra-1/mgt-capital-investments-inc-loss-submission-form?wire=3

Hasbro, Inc. (NASDAQGS: HAS)

Class Period: April 24, 2017 to October 23, 2017

Lead Plaintiff Deadline: November 27, 2018

The lawsuit alleges that Hasbro made materially false and/or misleading statements and/or failed to disclose that: (1) Hasbro’s relationship with Toys “R” Us was becoming increasingly important to Hasbro’s business, as Toys “R” Us was the primary retail brick-and-mortar toy store in the United States; (2) Toys “R” Us was in far worse financial condition than was being publicly reported and it would have to dramatically scale back its operations or file for bankruptcy and liquidate; and (3) Hasbro was experiencing significant adverse sales issues in the key markets of the United Kingdom and Brazil which were negatively impacting the Company’s efforts to grow sales in those markets.

Get additional information about the HAS lawsuit: https://www.kleinstocklaw.com/pslra-1/hasbro-inc-loss-submission-form?wire=3

Campbell Soup Company (NYSE: CPB)

Class Period: August 31, 2017 to May 17, 2018

Lead Plaintiff Deadline: November 27, 2018

The lawsuit alleges that Campbell made materially false and/or misleading statements and/or failed to disclose that: (1) the defendants failed to disclose known trends that were negatively impacting the profitability of the Campbell Fresh division; and (2) as a result of the foregoing, the defendants' positive statements about Campbell's and the Campbell Fresh division's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

Get additional information about the CPB lawsuit: https://www.kleinstocklaw.com/pslra-1/campbell-soup-company-loss-submission-form?wire=3

Acadia Healthcare Company, Inc. (NASDAQGS: ACHC)

Class Period: February 23, 2017 to October 24, 2017

Lead Plaintiff Deadline: December 3, 2018

The lawsuit alleges that Acadia made materially false and/or misleading statements and/or failed to disclose that: (1) the quality of Acadia’s U.K. operations did not give the Company a “competitive strength” that would drive future growth and profitability; and (2) defendants had no reasonable basis to believe--and did not in fact believe--their positive statements about the Company’s business and financial prospects during the Class Period, including their guidance issued and reaffirmed throughout the Class Period.

Get additional information about the ACHC lawsuit: https://www.kleinstocklaw.com/pslra-1/acadia-healthcare-company-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.

CONTACT:

Joseph Klein, Esq.

Empire State Building

350 Fifth Avenue

59th Floor

New York, NY 10118

jk@kleinstocklaw.com

Telephone: (212) 616-4899

Fax: (347) 558-9665

www.kleinstocklaw.com

Klein NEW logo black transparent.png

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