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CLASS ACTION UPDATE for MGTI, ADNT and HTHT: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
CLASS ACTION UPDATE for MGTI, ADNT and HTHT: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\nNEW YORK, Oct. 15, 2018 (GLOBE NEWSWIRE) -- 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 and further details about the cases can be found at the links provided. There is no cost or obligation to you.\n MGT Capital Investments Inc. (OTCMKTS: MGTI) Class Period: October 9, 2015 - September 7, 2018 Lead Plaintiff Deadline: November 27, 2018 Join the action: https://www.zlk.com/pslra-1/mgt-capital-investments-inc-loss-form?wire=3 Allegations: MGT Capital Investments Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) Defendants were engaged in an illegal pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (2) the \"Scheme Defendants\"--Defendants Ladd, Honig, Stetson, Brauser, O’Rourke, and Groussman--had a history of engaging in illegal conduct in connection with the purchase and sale of securities; (3) the Scheme Defendants were a “group”, pursuant to Section 13 of the Exchange Act; (4) the Scheme Defendants exercised control over the Company; (5) the Company’s acquisition of D-Vasive Inc. was part of Defendants’ illegal pump-and-dump scheme to artificially inflate MGT Capital’s stock price; (6) Defendants’ illicit scheme caused MGT Capital to make false and misleading statements, which would result in governmental and regulatory scrutiny; (7) the scheme would result in the delisting of MGT Capital’s stock from NYSE MKT; and (8) as a result, Defendants’ statements about MGT Capital’s business and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. To learn more about the MGT Capital Investments Inc. class action contact [email protected]. Adient plc (NYSE: ADNT) Class Period: October 31, 2016 - June 11, 2018 Lead Plaintiff Deadline: December 3, 2018 Join the action: https://www.zlk.com/pslra-1/adient-plc-loss-form?wire=3 The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements. In particular, the complaint alleges that defendants repeatedly stressed to inv...