NEW YORK, July 15, 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.
Newell Brands Inc. (:NWL)
Lead Plaintiff Deadline: August 20, 2018
Class Period: February 6, 2017 to January 24, 2018
Allegations: The Company’s retail channel was loaded with extremely high levels of unsold Newell product; contrary to defendants’ representations, the build-up of Newell inventory in the retail channel was due to Company-specific rather than macroeconomic reasons; as a result of the unusually high levels of unsold inventory in the retail channel, Newell was exposed to a heightened risk that it would experience slower sales growth in future periods; and undisclosed managerial and cultural differences in the legacy Newell and Jarden businesses had created significant discord that was having a material adverse effect on the Company’s operating performance.
Get additional information about NWL: http://www.kleinstocklaw.com/pslra-c/newell-brands-inc?wire=3.
Flex Pharma, Inc. (FLKS, Financial)
Lead Plaintiff Deadline: August 20, 2018
Class Period: November 6, 2017 to June 12, 2018
Allegations: The Company overstated the viability and approval prospects for its product candidate FLX-787 for the treatment of amyotrophic lateral sclerosis and Charcot-Marie-Tooth disease; and as a result, Flex Pharma's public statements were materially false and misleading at all relevant times.
Get additional information about FLKS: http://www.kleinstocklaw.com/pslra-c/flex-pharma-inc?wire=3.
Micro Focus International plc (:MFGP)
Lead Plaintiff Deadline: July 23, 2018
Class Period: September 1, 2017 to March 19, 2018, and August 4, 2017 or August 22, 2017
Allegations: The Registration Statement and Prospectus filed for the Company’s Initial Public Offering contained materially false and misleading information and/or failed to disclose material information, and Micro Focus made materially false and misleading statements and/or failed to disclose material information throughout the class period.
Get additional information about MFGP: http://www.kleinstocklaw.com/pslra-c/micro-focus-international-plc?wire=3.
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
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
