NEW YORK, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.
Apogee Enterprises, Inc. (NASDAQGS: APOG)
Class Period: June 28, 2018 - September 17, 2018
Lead Plaintiff Deadline: January 4, 2019
Join the action: https://www.zlk.com/pslra-1/apogee-enterprises-inc-loss-form?wire=3
The lawsuit alleges: Apogee Enterprises, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Apogee lacked the required labor force in place to ramp-up its production; (ii) Apogee was unable to hire, train and retain new employees; (iii) Apogee’s productivity and margins would be negatively impacted; and (iv) as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
To learn more about the Apogee Enterprises, Inc. class action contact jlevi@levikorsinsky.com.
Ryanair Holdings plc (NASDAQ: RYAAY)
Class Period: Purchasers of American Depositary Shares May 30, 2017 - September 28, 2018
Lead Plaintiff Deadline: January 9, 2019
Join the action: https://www.zlk.com/pslra-1/ryanair-holdings-plc-loss-form?wire=3
The lawsuit alleges that, during the class period, Ryanair Holdings plc made materially false and/or misleading statements and/or failed to disclose that: (a) the Company had experienced a breakdown in relations with its employees amidst their growing dissatisfaction with working conditions, lack of benefits, exploitative contracts and management hostility; (b) the Company’s pilots and/or cabin crews had sought union recognition or collectivization in several key markets and employees had internally expressed widespread discontent with the Company’s collective bargaining units; (c) the Company was experiencing elevated and increasing employee turnover, which had resulted in the loss of hundreds of qualified and skilled employees to competitor airlines; (d) the Company’s newly negotiated contracts had not ameliorated employee discontent or “locked away” employee wage growth for three or four years, but rather, defendants were aware that pilot and cabin crew contracts had to be reformulated to significantly increase pay and benefits, comply with local labor laws and provide other worker concessions to enable Ryanair to hire and retain sufficient qualified employees to meet operational targets; (e) because of the aforementioned, the Company was unable to hire sufficient pilots to meet expected demand and was thereby exposed to increased risk of flight cancellations, loss of reputational assets and increased costs from flight disruptions; (f) because of the aforementioned, the Company’s historical operating model and profit growth were not sustainable; and (g) the Company could not meet internal earnings expectations.
To learn more about the Ryanair Holdings plc class action contact jlevi@levikorsinsky.com.
Edison International (NYSE: EIX)
Class Period: February 23, 2016 - November 12, 2018
Lead Plaintiff Deadline: January 15, 2019
Join the action: https://www.zlk.com/pslra-1/edison-international-loss-form?wire=3
The lawsuit alleges: Edison International made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (i) the Company failed to maintain electricity transmission and distribution networks in compliance with safety requirements and regulations promulgated under state law; (ii) consequently, the Company was in violation of state law and regulations; (iii) the Company’s noncompliant electricity networks created a significantly heightened risk of wildfires in California; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
To learn more about the Edison International class action contact jlevi@levikorsinsky.com.
McDermott International, Inc. (NYSE: MDR)
Class Period: January 24, 2018 - October 30, 2018
Lead Plaintiff Deadline: January 15, 2019
Join the action: https://www.zlk.com/pslra-1/mcdermott-international-inc-loss-form?wire=3
The lawsuit 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.
To learn more about the McDermott International, Inc. class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
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New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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