29/01/2019 01:00:00

Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of MAR, CMCM, YRCW and DBVT

CEDARHURST, N.Y., Jan. 28, 2019 (GLOBE NEWSWIRE) -- The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No classes have yet been certified in the actions below. Appointment as lead plaintiff is not required to partake in any recovery.

Marriott International, Inc. (NASDAQGS: MAR)

A class action has commenced on behalf of shareholders in Marriott International, Inc. who purchased shares between November 9, 2016 and November 29, 2018. The filed complaint alleges that defendants made materially false and/or misleading statements 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.

Shareholders may find more information at https://kseclaw.com/securities/marriott-international-inc-loss-form/?wire=3

Cheetah Mobile Inc. (NYSE: CMCM)

A class action has commenced on behalf of shareholders in Cheetah Mobile Inc. who purchased shares between April 21, 2015 and November 27, 2018. The filed complaint alleges that defendants 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.

Shareholders may find more information at https://kseclaw.com/securities/cheetah-mobile-inc/?wire=3

YRC Worldwide Inc. (NASDAQGS: YRCW)

A class action has commenced on behalf of shareholders in YRC Worldwide Inc. who purchased shares between March 10, 2014 and December 14, 2018. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) from 2005 to at least 2013, YRC's units systematically overcharged the federal government for freight carrier services; (2) this alleged misconduct caused the Department of Defense to overpay by millions of dollars for shipments that were lighter, and thus cheaper, than the weights for which the government was charged; (3) consequently, this alleged misconduct would subject YRC to enhanced government scrutiny and liabilities, including potentially owing treble damages under the False Claims Act; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://kseclaw.com/securities/yrc-worldwide-inc/?wire=3

DBV Technologies S.A. (NASDAQ: DBVT)

A class action has commenced on behalf of shareholders in DBV Technologies S.A. who purchased shares between February 14, 2018 and December 19, 2018. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) DBV Technologies' Biologics License Application ("BLA") for Viaskin Peanut failed to provide the FDA with sufficient data on manufacturing procedures and quality controls; (2) consequently, DBV Technologies voluntarily withdrew the BLA for Viaskin Peanut; and (3) as a result, defendants' statements about DBV Technologies' business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

Shareholders may find more information at https://kseclaw.com/securities/dbv-technologies-s-a/?wire=3

Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock.

CONTACT:

Kuznicki Law PLLC

Daniel Kuznicki, Esq.

445 Central Avenue, Suite 334

Cedarhurst, NY 11516

Email: dk@kclasslaw.com

Phone: (347) 696-1134

Cell: (347) 690-0692

Fax: (347) 348-0967

KUZNICKI (002).png

Related content
09 Jul - 
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Clai..
09 Jul - 
Jason Bergman Named Chief Customer Officer of YRC World..
08 Jul - 
New Penn Administrative Positions at Lebanon, Pennsylva..
Del

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
ROSEN, A TOP RANKED LAW FIRM, Reminds RCI Hospitality Holdings, Inc. Investors of July 22nd Deadline in Securities Class Action – RICK
2
SolarWinds New APAC Research Shows Insider Threats Rank as Top Cybersecurity Threat Concern
3
ROSEN, A TOP RANKED LAW FIRM, Reminds Community Health Systems, Inc. Investors of Important July 29th Deadline in the Securities Class Action– CYH
4
Black Creek Group Industrial Real Estate Investment Platform to be acquired by Prologis for $3.99 Billion
5
Hagens Berman Reminds MicroStrategy (MSTR) Investors of the Firm’s Investigation of Possible Disclosure Violations

Related stock quotes

YRC Worldwide Inc 3.625 2.4% Stock price increasing
Marriott International 143,93 0.8% Stock price increasing
Cheetah Mobile Inc Ameri.. 3,535 -0.7% Stock price decreasing

Latest news


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.
 
17 July 2019 00:15:52
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20190703.1 - EUROWEB6 - 2019-07-17 01:15:52 - 2019-07-17 00:15:52 - 1000 - Website: OKAY