NEW YORK, NY / ACCESSWIRE / December 23, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Twitter, Inc. (NYSE:TWTR)
Class Period: August 6, 2019 to October 23, 2019
Lead Plaintiff Deadline: December 30, 2019

The filed complaint alleges that defendants engaged in a scheme to deceive the market and a course of conduct that artificially inflated Twitter’s common share price and operated as a fraud or deceit on purchasers of Twitter common stock by misrepresenting the Company’s operating condition and future business prospects. The scheme was perpetrated by making positive statements about Twitter’s business while defendants knew, or disregarded with deliberate recklessness, certain adverse facts. When defendants’ prior misrepresentations were disclosed and became apparent to the market, the price of Twitter’s common stock fell precipitously.

Learn about your recoverable losses in TWTR: http://www.kleinstocklaw.com/pslra-1/twitter-inc-loss-submission-form?id=5015&from=1

Under Armour, Inc. (NYSE:UA)
Class Period: August 3, 2016 to November 1, 2019
Lead Plaintiff Deadline: January 6, 2020

During the class period, Under Armour, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Under Armour shifted sales from quarter to quarter to appear healthier, including to keep pace with their long-running year-over-year 20% net revenue growth; (2) undisclosed to the investing public, the Company had been under investigation by and cooperating with the U.S. Department of Justice and U.S. Securities and Exchange Commission since at least July 2017; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Learn about your recoverable losses in UA: http://www.kleinstocklaw.com/pslra-1/under-armour-inc-loss-submission-form?id=5015&from=1

Plantronics, Inc. (NYSE:PLT)
Class Period: July 2, 2018 to November 5, 2019
Lead Plaintiff Deadline: January 13, 2020

The PLT lawsuit alleges that Plantronics, Inc. made materially false and/or misleading statements and/or failed to disclose 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.

Learn about your recoverable losses in PLT: http://www.kleinstocklaw.com/pslra-1/plantronics-inc-loss-submission-form?id=5015&from=1

Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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https://www.accesswire.com/571178/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-TWTR-UA-and-PLT