12/10/2018 18:00:00

CLASS ACTION UPDATE for QRTEA, HAS and CHGG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, Oct. 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 and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Qurate Retail Group, Inc. (NASDAQGS: QRTEA)

Class Period: August 5, 2015 - September 7, 2016

Lead Plaintiff Deadline: November 5, 2018

Join the action: https://www.zlk.com/pslra-1/qurate-retail-group-inc-loss-form?wire=3

About the lawsuit: Throughout the class period, Qurate Retail Group, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Qurate was aggressively loosening the credit standards of its Easy-Pay program to attract a large group of new customers; (2) Qurate’s strong sales growth was due to this loose credit policy; (3) accounts receivable associated with this new group of customers posed a high risk of write-off; and (4) consequently, Qurate’s positive statements about its business, operations, and prospects lacked a reasonable basis.

To learn more about the Qurate Retail Group, Inc. class action contact jlevi@levikorsinsky.com.

Hasbro, Inc. (NASDAQGS: HAS)

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

Lead Plaintiff Deadline: November 27, 2018

Join the action: https://www.zlk.com/pslra-1/hasbro-inc-loss-form?wire=3

About the lawsuit: Hasbro, Inc. allegedly made materially false and/or misleading statements during the class period 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.

To learn more about the Hasbro, Inc. class action contact jlevi@levikorsinsky.com.

Chegg, Inc. (NYSE: CHGG)

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

Lead Plaintiff Deadline: November 26, 2018

Join the action: https://www.zlk.com/pslra-1/chegg-inc-loss-form?wire=3

About the lawsuit: Chegg, Inc. allegedly 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.

To learn more about the Chegg, 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, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com

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