NEW YORK, NY / ACCESSWIRE / July 10, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Ryder System, Inc. (NYSE:R)
Class Period: July 23, 2015 - February 13, 2020
Lead Plaintiff Deadline: July 20, 2020
The complaint alleges that during the class period Ryder System, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Ryder's financial results were inflated as a result of the Company's practice of overstating the residual values of the vehicles in its fleet; (2) there was no reasonable basis to believe that Ryder would sell its used vehicles for the amounts that it had assigned to them; (3) Ryder's residual values for its fleet of vehicles exceeded the expected future values that would be realized upon the sale of those vehicles; and (4) 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.
Learn about your recoverable losses in R: http://www.kleinstocklaw.com/pslra-1/ryder-system-inc-loss-submission-form?id=7876&from=1
Enphase Energy, Inc. (ENPH)
Class Period: February 26, 2019 - June 17, 2020
Lead Plaintiff Deadline: August 17, 2020
The ENPH lawsuit alleges that Enphase Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) its revenues, both U.S. and international, were inflated; (2) the Company engaged in improper deferred revenue accounting practices; (3) the Company’s reported base points expansion in gross margins were overstated; and (4) as a result of the foregoing, Defendants’ public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in ENPH: http://www.kleinstocklaw.com/pslra-1/enphase-energy-inc-loss-submission-form?id=7876&from=1
Brookdale Senior Living Inc. (BKD)
Class Period: August 10, 2016 - April 29, 2020
Lead Plaintiff Deadline: August 24, 2020
The complaint alleges that throughout the class period Brookdale Senior Living Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Brookdale’s financial performance was sustained by, among other things, the Company’s purposeful understaffing of its senior living communities; (ii) the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company’s financial results and reputation; (iii) as a result, the Company’s financial results were unsustainable; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in BKD: http://www.kleinstocklaw.com/pslra-1/brookdale-senior-living-inc-loss-submission-form?id=7876&from=1
Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. 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.
SOURCE: The Klein Law Firm
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