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SHAREHOLDER ALERT: ADTN PLT HEXO: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / December 6, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in 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. There will be no obligation or cost to you.

ADTRAN, Inc. (ADTN)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/adtran-inc-loss-submission-form?prid=4766&wire=1
Lead Plaintiff Deadline: December 16, 2019
Class Period: February 28, 2019 to October 9, 2019

Allegations against ADTN include that: (1) there were material weaknesses in the Company’s internal control over financial reporting; (2) as a result, certain E&O reserves had been improperly reported; (3) as a result, the Company’s financial results for certain periods were misstated; (4) there would be a pause in shipments to the Company’s Latin American customer; and (5) 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.

Plantronics, Inc. (PLT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/plantronics-inc-loss-submission-form?prid=4766&wire=1
Lead Plaintiff Deadline: January 13, 2020
Class Period: July 2, 2018 to November 5, 2019

Allegations against PLT include that: (1) the Company had engaged in channel stuffing to artificially boost sales; (2) the Company’s internal control over inventory levels was not effective; (3) the Company had not adequately monitored inventory levels ahead of multiple product launches, where the new models would displace demand for aging products; 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.

HEXO Corp. (HEXO)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/hexo-corp-loss-submission-form?prid=4766&wire=1
Lead Plaintiff Deadline: January 27, 2020
Class Period: January 25, 2019 to November 15, 2019

Allegations against HEXO include that: (1) HEXO’s reported inventory was misstated as the Company was failing to write down or write off obsolete product that no longer had value; (2) HEXO was engaging in channel-stuffing in order to inflate its revenue figures and meet or exceed revenue guidance provided to investors; (3) HEXO was cultivating cannabis at its facility in Niagara, Ontario that was not appropriately licensed by Health Canada; 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.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong



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https://www.accesswire.com/569436/SHAREHOLDER-ALERT-ADTN-PLT-HEXO-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines