CLASS ACTION UPDATE for CC, INFY, QUAD and ET: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

11/26/2019, 4:03 PM (Source: GlobeNewswire)

NEW YORK, Nov. 26, 2019 (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.

The Chemours Company (NYSE: CC)
Class Period:
February 16, 2017 - August 1, 2019
Lead Plaintiff Deadline: December 9, 2019
Join the action: https://www.zlk.com/pslra-1/the-chemours-company-loss-form?wire=3&prid=4606 

About the CC lawsuit: Throughout the class period, The Chemours Company allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Chemours had not appropriately accounted and accrued reserves for its environmental liabilities; (2) the possibility of costs exceeding accrued amounts was greater than the Company had represented to a point that could be material; (3) the Company's policies, standards and procedures were not properly designed to prevent unreasonable risk of harm to people and the environment (4) Chemours'  handling, manufacture, use, and disposal of hazardous substances was not in accordance with applicable environmental laws and regulations; and (5) as a result of these misrepresentations, Chemours shares traded at artificially inflated prices.

To learn more about the The Chemours Company class action contact jlevi@levikorsinsky.com.

Infosys Limited (NYSE: INFY)
Class Period:
July 7, 2018 - October 20, 2019
Lead Plaintiff Deadline: December 23, 2019
Join the action: https://www.zlk.com/pslra-1/infosys-limited-loss-form?wire=3&prid=4606 

About the INFY lawsuit: Infosys Limited allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company’s finance team to hide information from auditors and the Company’s Board of Directors; and (4) as a result of the aforementioned misconduct, Defendants’ statements about Infosys’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Infosys Limited class action contact jlevi@levikorsinsky.com.

Quad/Graphics, Inc. (NYSE: QUAD)
Class Period:
February 21, 2018 - October 29, 2019
Lead Plaintiff Deadline: January 6, 2020
Join the action: https://www.zlk.com/pslra-1/quad-graphics-inc-loss-form?wire=3&prid=4606 

About the QUAD lawsuit: Throughout the class period, Quad/Graphics, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s book business in United States was underperforming; (2) as a result, the Company was likely to divest its book business; (3) the Company was unreasonably vulnerable to decreases in market prices; (4) to remain financially flexible while market prices decreased, the Company was likely to cut its quarterly dividend and expand its cost reduction programs; and (5) as a result of the foregoing, positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

To learn more about the Quad/Graphics, Inc. class action contact jlevi@levikorsinsky.com.

Energy Transfer LP (NYSE: ET)
Class Period:
February 25, 2017 - November 11, 2019
Lead Plaintiff Deadline: January 20, 2020
Join the action: https://www.zlk.com/pslra-1/energy-transfer-lp-loss-form?wire=3&prid=4606 

About the ET lawsuit: During the class period, Energy Transfer LP allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Energy Transfer’s permits to conduct the Mariner East pipeline project in Pennsylvania were secured via bribery and/or other improper conduct; (ii) the foregoing misconduct increased the risk that the Partnership and/or certain of its employees would be subject to government and/or regulatory action, thereby depreciating the Partnership’s unit value; and (iii) as a result, the Partnership’s public statements were materially false and misleading at all relevant times.

To learn more about the Energy Transfer LP class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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