The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of AMPE, NVRO, LCI, CBS, PZZA, SKX, CRON, PM and QRTEA

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Sep 21, 2018
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NEW YORK, Sept. 20, 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.

Ampio Pharmaceuticals, Inc. ( American: AMPE)
Class Period: December 14, 2017 to August 7, 2018
Lead Plaintiff Deadline: October 24, 2018

The complaint alleges that throughout the class period Ampio Pharmaceuticals, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the FDA would find Ampio's AP-003-C Phase 3 clinical trial inadequate and not well-controlled; (2) as a result, Ampio had not successfully completed two pivotal clinical trials for Ampio; (3) consequently, Defendants' public statements were materially false and misleading at all relevant times.

Get additional information about the AMPE lawsuit: http://www.kleinstocklaw.com/pslra-1/ampio-pharmaceuticals-inc-loss-form?wire=3

Nevro Corp. (: NVRO)
Class Period: January 8, 2018 to July 12, 2018
Lead Plaintiff Deadline: October 22, 2018

The lawsuit alleges Nevro Corp. made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) Nevro had engaged in a fraudulent scheme by using protected confidential and proprietary trade secrets and stolen documents from its competitors to develop and enhance the Company's Senza I and Senza II systems; (2) as a result, Nevro's Senza I and Senza II systems were not "novel" or "proprietary;" (3) these practices caused Nevro to be vulnerable to increased litigation expenses and adverse legal and regulatory action; (4) as a result, Nevro's U.S. sales growth was not sustainable; and (5) consequently, defendants' statements about Nevro's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

Get additional information about the NVRO lawsuit: http://www.kleinstocklaw.com/pslra-1/nevro-corp-loss-form?wire=3

Lannett Company, Inc. (: LCI)
Class Period: February 7, 2018 to August 17, 2018
Lead Plaintiff Deadline: October 26, 2018

According to the complaint, Lannett Company, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Lannett faced a substantial risk of the loss of its exclusivity agreement with Jerome Stevens Pharmaceuticals; (2) accordingly, Lannett’s reported revenues were unsustainable; and (3) as a result, Lannett’s public statements were materially false and misleading at all relevant times.

Get additional information about the LCI lawsuit: http://www.kleinstocklaw.com/pslra-1/lannett-company-inc-loss-form?wire=3

CBS Corporation (: CBS)
Class Period: February 14, 2014 to July 27, 2018
Lead Plaintiff Deadline: October 26, 2018

Throughout the class period, CBS Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) CBS executives, including the company’s Chairman and Chief Executive Officer, Leslie “Les” Moonves, had engaged in widespread workplace sexual harassment at CBS; (2) CBS’s enforcement of its own purported policies was inadequate to prevent the foregoing conduct; (3) the foregoing conduct, when revealed, would foreseeably subject CBS to heightened legal liability and impede the ability of key CBS personnel to execute the company’s business strategy; and (4) as a result, CBS’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Get additional information about the CBS lawsuit: http://www.kleinstocklaw.com/pslra-1/cbs-corporation-loss-form?wire=3

Papa John’s International, Inc. ( PZZA)
Class Period: February 25, 2014 to July 19, 2018
Lead Plaintiff Deadline: October 29, 2018

Papa John’s International, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Papa John’s executives, including Defendant John H. Schnatter, had engaged in a pattern of sexual harassment and other inappropriate workplace conduct at the Company; (ii) Papa John’s Code of Ethics and Business Conduct was inadequate to prevent the foregoing misconduct; (iii) the foregoing conduct would foreseeably have a negative impact on Papa John’s business and operations, and expose Papa John’s to reputational harm, heightened regulatory scrutiny, and legal liability; and (iv) as a result, Papa John’s public statements were materially false and misleading at all relevant times.

Get additional information about the PZZA lawsuit: http://www.kleinstocklaw.com/pslra-1/papa-johns-international-inc-loss-form?wire=3

Skechers U.S.A., Inc. (: SKX)
Class Period: October 20, 2017 to July 19, 2018
Lead Plaintiff Deadline: November 5, 2018

Throughout the class period, Skechers U.S.A., Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its international sales growth; (3) Skechers' expenses would outgrow sales for the foreseeable future; (4) Skechers' international sales growth was not sustainable without such outgrown expenses; and (5) as a result of the foregoing, Defendants' statements about Skechers' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

Get additional information about the SKX lawsuit: http://www.kleinstocklaw.com/pslra-1/skechers-u-s-a-inc-loss-submission-form?wire=3

Cronos Group, Inc. (NASDAQGM: CRON)
Class Period: August 21, 2018 to August 30, 2018
Lead Plaintiff Deadline: November 5, 2018

The complaint alleges that throughout the class period Cronos Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the size of Cronos’ distribution agreements with the Canadian provinces was relatively small; and (2) as a result of the foregoing, Defendants’ positive statements about Cronos’ business, operations, and prospects were materially false and/or misleading, and/or lacked a reasonable basis.

On August 30, 2018, Citron Research published an article entitled “Cronos: The Dark Side of Cannabis Space,” alleging, among other things, that the Company has been “deceiving the investing public by purposely not disclosing the size of its distribution agreements with provinces – unlike every other major cannabis player” and that this was because “the agreements are so small that they could never justify the premium investors are paying for the stock.” On this news, Cronos’ share price fell over 28%, to close at $9.12 per share on August 30, 2018.

Get additional information about the CRON lawsuit: http://www.kleinstocklaw.com/pslra-1/cronos-group-inc-loss-submission-form?wire=3

Philip Morris International Inc. (: PM)
Class Period: February 8, 2018 to April 18, 2018
Lead Plaintiff Deadline: October 22, 2018

According to the complaint, Philip Morris allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Philip Morris was experiencing a faster decline in overall cigarette and e-cigarette (or “heated tobacco”) sales volumes during the first quarter of 2018 than investors had been led to believe; (2) Philip Morris’ much-lauded sales initiatives had stalled; (3) Philip Morris was experiencing adverse sales headwinds in key markets; and (4) as a result of the foregoing, defendants’ statements about Philip Morris’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

Get additional information about the PM lawsuit: http://www.kleinstocklaw.com/pslra-1/philip-morris-international-inc-loss-submission-form?wire=3

Qurate Retail Group, Inc. (NASDAQGS: QRTEA)
Class Period: August 5, 2015 to September 7, 2016
Lead Plaintiff Deadline: November 5, 2018

According to the complaint, Qurate allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Qurate was aggressively loosening the credit standards of its Easy-Pay program to attract a large group of new customers; (2) Qurate’s strong sales growth was due to this loose credit policy; (3) accounts receivable associated with this new group of customers posed a high risk of write-off; and (4) consequently, Qurate’s positive statements about its business, operations, and prospects lacked a reasonable basis.

Get additional information about the QRTEA lawsuit: http://www.kleinstocklaw.com/pslra-1/qurate-retail-group-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 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
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

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