The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TVTY, MGPI and BBBY
NEW YORK, NY / ACCESSWIRE / April 20, 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.
Tivity Health, Inc. (TVTY)
Class Period: March 8, 2019 to February 19, 2020
Lead Plaintiff Deadline: April 27, 2020
According to the complaint, Tivity Health, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) following the Nutrisystem Acquisition, Tivity's Nutrition segment faced significant operational challenges; (ii) the foregoing would foreseeably have a significant impact on Tivity's revenues; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in TVTY: http://www.kleinstocklaw.com/pslra-1/tivity-health-inc-loss-submission-form?id=6086&from=1
MGP Ingredients, Inc. (MGPI)
Class Period: August 2, 2018 to February 25, 2020
Lead Plaintiff Deadline: April 28, 2020
The complaint alleges that throughout the class period MGP Ingredients, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) MGP had not completed any significant sales of its four-year-old aged whiskey inventory; (b) the Company had been unable to sell its aged whiskey at the price premium represented to investors; (c) a glut of aged whiskey inventory and shifts in consumer behavior had lowered the value of the Company's aged whiskey inventory and materially impaired its ability to negotiate significant sales on favorable contract terms; and (d) in light of the foregoing, the Company's FY19 financial forecast lacked a reasonable basis and was materially misleading.
Learn about your recoverable losses in MGPI: http://www.kleinstocklaw.com/pslra-1/mgp-ingredients-inc-loss-submission-form?id=6086&from=1
Bed Bath & Beyond Inc. (BBBY)
Class Period: October 2, 2019 to February 11, 2020
Lead Plaintiff Deadline: June 15, 2020
The BBBY lawsuit alleges that Bed Bath & Beyond Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) due to "aggressive disposition of inventory," the Company lacked sufficient inventory in key categories to support holiday sales; (2) the Company's internal control over inventory levels and financial reporting was not effective; (3) as a result of the foregoing, the Company was likely to experience reduced sales; 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 BBBY: http://www.kleinstocklaw.com/pslra-1/bed-bath-beyond-inc-loss-submission-form?id=6086&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.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
SOURCE: The Klein Law Firm
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https://www.accesswire.com/585898/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-TVTY-MGPI-and-BBBY
