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CLASS ACTION UPDATE for PPC, FE and GNUS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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·4 min read
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NEW YORK, NY / ACCESSWIRE / September 2, 2020 -/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. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

PPC Shareholders Click Here: https://www.zlk.com/pslra-1/pilgrims-pride-corporation-information-request-form?prid=9001&wire=1
FE Shareholders Click Here: https://www.zlk.com/pslra-1/firstenergy-corp-loss-submission-form?prid=9001&wire=1
GNUS Shareholders Click Here: https://www.zlk.com/pslra-1/genius-brands-international-inc-information-request-form?prid=9001&wire=1

* ADDITIONAL INFORMATION BELOW *

Pilgrim's Pride Corporation (NASDAQ: PPC)

PPC Lawsuit on behalf of: investors who purchased February 9, 2017 - June 3, 2020
Lead Plaintiff Deadline : September 4, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/pilgrims-pride-corporation-information-request-form?prid=9001&wire=1

According to the filed complaint, during the class period, Pilgrim's Pride Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the Company and its executives had participated in an illegal antitrust conspiracy to fix prices and rig bids from at least as early as 2012 and continuing through at least early 2017; (2) the Company received competitive advantages, which persisted during the Class Period, from its anticompetitive conduct; and (3) as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.

FirstEnergy Corp. (NYSE: FE)

FE Lawsuit on behalf of: investors who purchased February 21, 2017 - July 21, 2020
Lead Plaintiff Deadline : September 28, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/firstenergy-corp-loss-submission-form?prid=9001&wire=1

According to the filed complaint, during the class period, FirstEnergy Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) the legislative "solutions" that defendants claimed would resolve problems with the Company's nuclear facilities were centered on an illicit campaign to corrupt high-profile state legislators and thus secure legislation favoring the FirstEnergy; (2) over roughly three years, FirstEnergy and its affiliates funneled more than $60 million to prominent state politicians and lobbyists, including Ohio Speaker Larry Householder, in order to secure the passage of Ohio House Bill 6, which provided a $1.3 billion ratepayer-funded bailout to keep the Company's failing nuclear facilities in operation; (3) defendants falsely represented that they were complying with state and federal laws and regulations regarding regulatory matters throughout the Class Period, exposing the Company and its investors to the extreme risks of reputational, legal, and financial harm; (4) as a result of defendants' false statements and omissions, FirstEnergy insiders were able to sell more than $17 million worth of their FirstEnergy shares at artificially inflated prices.

Genius Brands International, Inc (NASDAQ: GNUS)

GNUS Lawsuit on behalf of: investors who purchased March 17, 2020 - July 5, 2020
Lead Plaintiff Deadline : October 19, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/genius-brands-international-inc-information-request-form?prid=9001&wire=1

According to the Genius Brands lawsuit defendants made false and/or misleading statements and/or failed to disclose material information regarding: (i) Nickelodeon's purported broadcast expansion of Genius's Rainbow Rangers cartoon; (ii) subscription fees for the Kartoon Channel!; and (iii) the Company's growth potential and overall prospects as a company.

You have until the lead plaintiff deadlines to request that 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 nationally recognized 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.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/604468/CLASS-ACTION-UPDATE-for-PPC-FE-and-GNUS-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders