Globe Newswire 6-Dec-2018 4:16 PM
NEW YORK, Dec. 06, 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.
Stitch Fix, Inc. (NASDAQ:SFIX)
Class Period: June 8, 2018 to October 1, 2018
Lead Plaintiff Deadline: December 10, 2018
The complaint alleges that during the class period Stitch Fix, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Stitch Fix's active client growth had slowed to a crawl; (2) Stitch Fix had completely shut down its television advertising campaign for 10 of the 13 weeks in fourth quarter 2018, dramatically decreasing the number of new active client additions; and (3) as a result, the Company's current business metrics and financial prospects were not as strong as it had led the market to believe during the Class Period.
Get additional information about the SFIX lawsuit: http://www.kleinstocklaw.com/pslra-1/stitch-fix-inc-loss-submission-form?wire=3
Dycom Industries, Inc. (NYSE:DY)
Class Period: November 20, 2017 to August 10, 2018
Lead Plaintiff Deadline: December 24, 2018
Throughout the class period, Dycom Industries, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Dycom's large projects were highly dependent on permitting and tactical considerations, (ii) Dycom was facing great uncertainties related to permitting issues; (iii) said uncertainties would expose Dycom to near-term margin pressure and absorption issues, and (iv) as a result of the foregoing, Defendants' statements about Dycom's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Get additional information about the DY lawsuit: http://www.kleinstocklaw.com/pslra-1/loss-submission-form-2?wire=3
GreenSky, Inc. (NASDAQ:GSKY)
Class Period: Class A common shareholders who purchased shares pursuant to the IPO on or around May 23, 2018
Lead Plaintiff Deadline: January 28, 2019
The complaint alleges that the Offering Documents failed to disclose material information and/or misstated material information, including the substantial change in the composition of GreenSky's merchant business mix and the resulting diminution in transaction-fee revenue. The Initial Public Offering closed on May 29, 2018 with GreenSky having sold 43.7 million shares of Class A common stock at $23.00 per share. On November 6, 2018, GreenSky issued a press release indicating that the Company's transaction-fee rate was approximately 35 basis points below the rate achieved in the third quarter of 2017. Following this news, shares of GreenSky closed at $9.28 per share on November 6, 2018.
Get additional information about the GSKY lawsuit: http://www.kleinstocklaw.com/pslra-1/greensky-inc-loss-submission-form?wire=3
McDermott International, Inc. (NYSE:MDR)
Class Period: January 24, 2018 to October 30, 2018
Lead Plaintiff Deadline: January 15, 2019
The complaint alleges that during the class period McDermott International, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was facing strong headwinds and would fail to meet revenue and earnings estimates; (2) there were material problems with the integration of the CB&I business; (3) certain CB&I projects were reasonably likely to incur higher costs; (4) as a result, the fair value of these CB&I projects would be materially impacted; and (5) 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 MDR lawsuit: http://www.kleinstocklaw.com/pslra-1/mcdermott-international-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.
J. Klein, Esq.
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New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
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