08/03/2019 15:00:00

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of W, GSM, BRS and CAG

NEW YORK, March 08, 2019 (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.

Wayfair Inc. (NYSE: W)

Class Period: Class A shares between August 2, 2018 and October 31, 2018

Lead Plaintiff Deadline: March 11, 2019

Throughout the class period, Wayfair Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Wayfair had been experiencing significantly diminished demand for its online product offerings and had significantly increased advertising spending to grow sales; (2) Wayfair, which was already more than one-third of the way into 3Q18 when it announced its 2Q18 results on August 2, 2018, had already dramatically increased advertising spending for 3Q18; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

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

Ferroglobe PLC (NASDAQ: GSM)

Class Period: August 21, 2018 to November 26, 2018

Lead Plaintiff Deadline: March 25, 2019

The lawsuit alleges that throughout the class period, Ferroglobe PLC made materially false and/or misleading statements and/or failed to disclose that: (1) there was excess supply of the Company’s products; (2) demand for the Company’s products was declining; (3) as a result, the pricing of the Company’s products would be materially impacted; and (4) 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.

Get additional information about the GSM lawsuit: https://www.kleinstocklaw.com/pslra-1/ferroglobe-plc-loss-submission-form?wire=3

Bristow Group Inc. (NYSE: BRS)

Class Period: February 8, 2018 to February 12, 2019

Lead Plaintiff Deadline: April 15, 2019

The complaint alleges that during the class period Bristow Group Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Bristow lacked adequate monitoring processes related to non-financial covenants within its secured financing and lease agreements; (2) Bristow could not reasonably assure compliance with certain non-financial covenants; (3) Bristow was reasonably likely to breach certain agreements; (4) Bristow had understated its short-term debt; (5) the required corrections would materially impact financial statements; (6) there was a material weakness in Bristow’s internal controls over financial reporting; and (7) as a result of the foregoing, defendants’ positive statements about Bristow’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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

Conagra Brands, Inc. (NYSE: CAG)

Class Period: Pursuant to the SPO on or about October 9, 2018 and/or between June 27, 2018 and December 19, 2018

Lead Plaintiff Deadline: April 23, 2019

The complaint alleges that defendants failed to disclose material information, including that (i) Conagra inadequately performed proper due diligence in connection with the acquisition of Pinnacle; (ii) the performance of Pinnacle’s three leading brands was not deteriorating due to intensified competition, but to self-inflicted subpar innovation and executional missteps; (iii) Pinnacle’s business was performing so poorly that it had resorted to pushing promotional deals to retailers in an effort to boost sales; and (iv) as a result of the foregoing, Defendant’s public statements were materially false and/or misleading and/or lacked a reasonable basis when made. 

Get additional information about the CAG lawsuit: https://www.kleinstocklaw.com/pslra-1/conagra-brands-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 J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. 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:

J. 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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