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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TGTX, HAS, ACHC and ADNT
Globe Newswire 9-Oct-2018 3:16 PM
NEW YORK, Oct. 09, 2018 (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.
TG Therapeutics, Inc. (NASDAQCM: TGTX) Class Period: June 4, 2018 to September 25, 2018 Lead Plaintiff Deadline: December 3, 2018
The lawsuit alleges that throughout the class period, TG Therapeutics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) TG was involved in cleaning the data collected in the UNITY-CLL Trial; and as a result, was able to gain an understanding as to the efficacy of the combination therapy; (2) as a result of that data cleaning, TG knew the UNITY-CLL Trial had failed to meet its stated goal and as a result, the Company would not be able to seek accelerated approval; and (3) given that the UNITY-CLL Trial had failed to meet its stated goal, it was highly unlikely that the combination therapy would meet its primary endpoint of increased progression free survival.
Hasbro, Inc. (NASDAQ:HAS) Class Period: April 24, 2017 to October 23, 2017 Lead Plaintiff Deadline: November 27, 2018
The lawsuit alleges Hasbro, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period 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.
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Class Period: February 23, 2017 to October 24, 2017 Lead Plaintiff Deadline: December 3, 2018
The complaint alleges that during the class period Acadia Healthcare Company, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the quality of Acadia's U.K. operations did not give the Company a "competitive strength" that would drive future growth and profitability; and (2) defendants had no reasonable basis to believe--and did not in fact believe--their positive statements about the Company's business and financial prospects during the Class Period, including their guidance issued and reaffirmed throughout the Class Period.
Adient plc (NYSE:ADNT) Class Period: October 31, 2016 to June 11, 2018 Lead Plaintiff Deadline: December 3, 2018
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements. In particular, the complaint alleges that defendants repeatedly stressed to investors that the Company was "solidly on track" to deliver 200-basis-point margin expansion by 2020, which was largely dependent on operational and financial improvements in Adient's core SS&M business, while unbeknownst to investors, Adient's core SS&M business faced significant operational problems such that the repeatedly touted 200-basis-point margin expansion was not "on track" at any point during the Class Period. Consequently, Adient stock traded at artificially inflated prices during the Class Period, reaching a high of $85.93 per share.
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 Joseph Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
Joseph 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: Joseph 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
