NEW YORK, NY / ACCESSWIRE / July 18, 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.
Hecla Mining Company (HL)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/hecla-mining-company-loss-submission-form?prid=2475&wire=1.
Lead Plaintiff Deadline: July 23, 2019
Class Period: March 19, 2018 to May 8, 2019
Allegations against HL include that: (a) the Nevada operations were hemorrhaging cash due to a multitude of material problems identified by Defendants during Hecla’s extensive due diligence of the Nevada mines before the Class Period, and (b) as a result of these material problems, Defendants had no reasonable basis for their representations that the Nevada operations would be in a position to have positive or self-funding cash flow.
Teva Pharmaceutical Industries Ltd. (TEVA)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/teva-pharmaceutical-industries-ltd-loss-submission-form?prid=2475&wire=1.
Lead Plaintiff Deadline: August 23, 2019
Class Period: on behalf of all persons or entities who purchased or otherwise acquired Teva American Depositary Shares (“ADS”) between August 4, 2017 and May 10, 2019
Allegations against TEVA include that: (i) contrary to its public denials, Teva had in fact engaged in a vast, industry-wide price-fixing scheme and other collusive misconduct since at least 2012; (ii) Teva was not only a participant, but the company at the heart of the anticompetitive scheme; and (iii) several Teva employees had such deep involvement in the scheme that they would ultimately be named personally as defendants in a sweeping civil enforcement action filed by the AGs of virtually every state in the nation.
Fred's, Inc. (FRED)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/freds-inc-loss-submission-form?prid=2475&wire=1.
Lead Plaintiff Deadline: August 27, 2019
Class Period: December 20, 2016 to June 28, 2017
According to the filed complaint, defendants made numerous materially false and misleading statements concerning the level of regulatory risk faced by the Original Merger and the Revised Merger which would ultimately cause the termination of the Fred’s Asset Purchase Agreement. Specifically, Defendants made false and/or misleading statements: (i) downplaying or disputing contrary reports from journalists signaling regulatory turbulence in closing the merger; (ii) representing that inside knowledge of the FTC gave confidence that the deal would close.
To learn more contact Vincent Wong, Esq. either via email email@example.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.
Vincent Wong, Esq.
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New York, NY 10002
SOURCE: The Law Offices of Vincent Wong
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