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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MGTI, ACHC, JT, HTHT and ATUS

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MGTI, ACHC, JT, HTHT and ATUS.

articleMgt Capital Investments, Inc.November 26, 20184/company/mgt-capital-investments-inc/news/the-klein-law-firm-reminds-investors-of-class-actions-on-behalf-of-shareholders-of-mgti-achc-jt-htht-and-atus
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MGTI, ACHC, JT, HTHT and ATUS

About this update from Mgt Capital Investments, Inc.

[{"type":"text","content":"\nNEW YORK, Nov. 26, 2018 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of 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.      \n MGT Capital Investments Inc. (OTCMKTS: MGTI) Class Period: October 9, 2015 to September 7, 2018 Lead Plaintiff Deadline: November 27, 2018 MGT Capital Investments Inc. allegedly made materially false and/or misleading statements 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. Get additional information about the MGTI lawsuit: http://www.kleinstocklaw.com/pslra-1/mgt-capital-investments-inc-loss-submission-form?wire=3 Acadia Healthcare Company, Inc. (NASDAQGS: ACHC) Class Period: February 23, 2017 to October 24, 2017 Lead Plaintiff Deadline: December 3, 2018 According to the complaint, Acadia Healthcare Company, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the quality of Acadia’s U.K. operations did not give the Company a “competitive strength” that would drive future growth and profitability; and (2) defendants had no reasonable basis to believe--and did not in fact believe--their ...

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