29/01/2019 12:07:00

CLASS ACTION UPDATE for MAR, CMCM, APHA and CURO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, Jan. 29, 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.

Marriott International, Inc. (NASDAQGS: MAR)

Class Period: November 9, 2016 - November 29, 2018

Lead Plaintiff Deadline: January 30, 2019

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

Allegations: Marriott International, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) Marriott’s and Starwood’s systems storing their customers’ personal data were not secure; (2) there had been unauthorized access on Starwood’s network since 2014; (3) consequently, the personal data of approximately 500 million Starwood guests and the sensitive personal information of approximately 327 million of those guests may have been exposed to unauthorized parties; and (4) as a result, Marriott’s public statements were materially false and/or misleading at all relevant times.

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

Cheetah Mobile Inc. (NYSE: CMCM)

Class Period: April 21, 2015 - November 27, 2018

Lead Plaintiff Deadline: January 29, 2019

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

Allegations: During the class period, Cheetah Mobile Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Cheetah's apps had undisclosed embedded features which tracked when users downloaded new apps; (ii) Cheetah used this data to inappropriately claim credit for having caused the downloads; (iii) the foregoing features, when discovered, would foreseeably subject the Company's apps to removal from the Google Play store; (iv) accordingly, Cheetah's Class Period revenues were in part the product of improper conduct and thus unsustainable; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more about the Cheetah Mobile Inc. class action contact jlevi@levikorsinsky.com.

Aphria Inc. (NYSE: APHA)

Class Period: July 17, 2018 - December 4, 2018

Lead Plaintiff Deadline: February 4, 2019

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

Allegations: Aphria Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Latin American assets acquired by the Company lacked adequate licenses to operate and were overvalued; (2) the acquisition of the Latin American assets would enrich the Company’s CEO and other insiders at the expense of shareholders; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

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

CURO Group Holdings Corp. (NYSE: CURO)

Class Period: July 31, 2018 - October 24, 2018

Lead Plaintiff Deadline: February 4, 2019

Join the action: https://www.zlk.com/pslra-1/curo-group-holdings-corp-loss-form?wire=3

The complaint alleges that throughout the class period Defendants materially misrepresented to investors the deleterious effect that the up-front loan loss provisioning in connection with a transition of its Canadian inventory to Open-Ended loans was having on the Company’s financial performance and 2018 full-year Company guidance. Because CURO’s Open-End Loans had a materially lower lending yield than the Single-Pay Products, and the portfolio of Open-End Loans was still immature and unseasoned, the up-front loan loss provisioning for these loans was far greater than publicly revealed (and the yield far lower). This caused the Company to materially overstate its 2018 projected financial results, including CURO’s adjusted EBITDA, net revenue and operating earnings.

To learn more about the CURO Group Holdings Corp. 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

250x148_zlk.jpg

Related content
05 Mar - 
Report: Developing Opportunities within Gray Television..
25 Feb - 
New Research Coverage Highlights Starbucks, Cheetah Mob..
31 Jan - 
Investor Expectations to Drive Momentum within Republic..
Del

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Issue of Equity
2
AS VALMIERAS STIKLA ŠĶIEDRA files for legal protection proceedings to ensure sustainable continuation of Group-level operations
3
INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Livent Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
4
Ziyen Inc. Engages Leading FINRA regulated Digital Bank, Prime Trust LLC
5
MODERN HEALTHCARE RECOGNIZES NEVADA LEADER AS ONE OF THE NATION’S 50 MOST INFLUENTIAL U.S. CLINICAL EXECUTIVES

Related stock quotes

Marriott International 132.85 -0.6% Stock price decreasing
Cheetah Mobile Inc Ameri.. 3.690 -1.9% Stock price decreasing

Copyright Berlingske Media 2019  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 June 2019 04:54:08
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20190527.1 - EUROWEB4 - 2019-06-18 05:54:08 - 2019-06-18 04:54:08 - 1000 - Website: OKAY