Business
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SKX, PM, USAT, MGTI and HAS
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SKX, PM, USAT, MGTI and HAS.
About this update from Mgt Capital Investments, Inc.
[{"type":"text","content":"\nNEW YORK, Oct. 24, 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 Skechers U.S.A., Inc. (NYSE: SKX) Class Period: October 20, 2017 to July 19, 2018 Lead Plaintiff Deadline: November 5, 2018 Skechers U.S.A., Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its international sales growth; (3) Skechers' expenses would outgrow sales for the foreseeable future; (4) Skechers' international sales growth was not sustainable without such outgrown expenses; and (5) as a result of the foregoing, Defendants' statements about Skechers' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis. Get additional information about the SKX lawsuit: http://www.kleinstocklaw.com/pslra-1/skechers-u-s-a-inc-loss-submission-form?wire=3 Philip Morris International, Inc.  (NYSE: PM) Class Period: July 26, 2016 to April 18, 2018 Lead Plaintiff Deadline: November 5, 2018 The lawsuit alleges that Philip Morris International, Inc.  made materially false and/or misleading statements and/or failed to disclose that: (1) Philip Morris was experiencing a faster decline in overall cigarette and e-cigarette (or “heated tobacco”) sales volumes during the first quarter of 2018 than investors had been led to believe; (2) Philip Morris’ much-lauded sales initiatives had stalled; (3) Philip Morris was experiencing adverse sales headwinds in key markets; and (4) as a result of the foregoing, defendants’ statements about Philip Morris’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis. Get additional information about the PM lawsuit: http://www.kleinstocklaw.com/pslra-1/philip-morris-international-inc-loss-submission-form?wire=3 USA Technologies, Inc. (NASDAQGM: USAT) Class Period: November 9, 2017 to Septem...