26/04/2019 03:00:00

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Stamps.com, Syneos, Weight Watchers, and Mattel and Encourages Investors to Contact the Firm

NEW YORK, April 25, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Stamps.com Inc., Syneos Health, Inc., Weight Watchers International, Inc., and Mattel, Inc.  Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff.  Additional information about each case can be found at the link provided.

Stamps.com Inc. (NASDAQ: STMP)

Class Period: May 3, 2017 - February 21, 2019

Lead Plaintiff Deadline: April 29, 2019

The complaint alleges that throughout the class period defendants violated provisions of the Securities Exchange Act of 1934 by issuing false and misleading statements to investors, including in filings with the U.S. Securities and Exchange Commission.  Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the company’s financial results depended on the manipulation of a USPS program that cost USPS an estimated $235 million per year; and (ii) as a result, the company’s business was unsustainable and its financial results were misleading.

To learn more about the Stamps.com class action go to: https://bespc.com/stmp/.

Syneos Health, Inc. (NASDAQ: SYNH)

Class Period: May 10, 2017 - February 27, 2019

Lead Plaintiff Deadline: April 30, 2019

The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) Syneos Health’s internal control over financial reporting was inadequate; (2) concerns regarding Syneos Health’s internal control over financial reporting would result in heightened regulatory scrutiny and an SEC investigation into the company’s revenue accounting policies, internal controls and related matters; and (3) as a result, defendants’ statements about Syneos Health’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Syneos class action go to: https://bespc.com/synh/.

Weight Watchers International, Inc. (NASDAQ: WTW)

Class Period: May 4, 2018 - February 26, 2019

Lead Plaintiff Deadline: May 3, 2019

The complaint alleges that throughout the class period defendants made false and misleading statements and/or failed to disclose adverse information regarding Weight Watchers’ business, operations and prospects.  Specifically, the complaint alleges that defendants failed to disclose that Weight Watchers was experiencing diminished subscriber demand attributable to the onslaught of new competing smartphone fitness apps, meal-delivery services, and other tech advances that were driving down Weight Watchers’ new subscriber growth and its subscriber retention rates; that diminished subscriber growth, when coupled with a much larger number of fourth quarter subscription lapses than Weight Watchers typically experienced, made it highly unlikely that the company would retain four million subscribers by the end of 2018; that Weight Watchers was not on track to grow its subscriber count to five million or to drive annual revenues to more than $2 billion by the end of 2020; and that a decreased subscriber count would result in decreased revenues and profits.

To learn more about the Weight Watchers class action go to: https://bespc.com/wtw/.

Mattel, Inc. (NASDAQ: MAT)

Class Period: February 7, 2019 - February 15, 2019

Lead Plaintiff Deadline: May 6, 2019

The complaint alleges that throughout the class period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects.  Specifically the complaint alleges that defendants failed to disclose to investors that: (1) demand for the company’s products, including Barbie and Hot Wheels, was declining; (2) the company had an excess of product supply; 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 Mattel class action go to: https://bespc.com/mat/.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation.  For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes. 

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com

www.bespc.com

BES_Mark.jpg

Related content
09 Aug - 
Mattel Investigated for Securities Fraud by Block & Lev..
23 May - 
Bragar Eagel & Squire, P.C. is Investigating Certain Of..
06 May - 
MAT, CNDT & SPB - Bronstein, Gewirtz & Grossman, LLC Re..
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
UPDATE - Yoko Ono and John Lennon Educational Tour Bus “Imagine A City With No Gun Violence!”
2
Translate Bio Announces Pricing of Public Offering of Common Stock
3
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SAExploration Holdings, Inc. - SAEX
4
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Pluralsight, Inc. - PS
5
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Nektar Therapeutics - NKTR

Related stock quotes

Mattel Inc 11.24 -2.9% Stock price decreasing
Stamps.com Inc 73.31 -3.4% 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.
 
18 September 2019 17:25:53
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20190829.2 - EUROWEB3 - 2019-09-18 18:25:53 - 2019-09-18 17:25:53 - 1000 - Website: OKAY