NEW YORK, NY / ACCESSWIRE / May 13, 2020 / 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.
Servicemaster Global Holdings, Inc. (NYSE: SERV)
Class Period: February 26, 2019 - November 4, 2019
Lead Plaintiff Deadline: June 9, 2020
The complaint alleges that during the class period Servicemaster Global Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) ServiceMaster had failed to properly inspect and treat for Formosan termite activity; (b) as a result thereof, the Company was and continued to experience a material adverse trend of costly litigation from injured customers which was not disclosed to investors; (c) in an unsuccessful attempt to mitigate this trend, Defendants had been taking remedial measures since at least 2018, including drastically raising prices for termite treatments in Mobile, Alabama to deter contract renewals; and (d) as a result of the foregoing, ServiceMaster's financial results were reasonably likely to be impacted, and would continue to impact the Company into 2020.
Learn about your recoverable losses in SERV: http://www.kleinstocklaw.com/pslra-1/servicemaster-global-holdings-inc-loss-submission-form?id=6466&from=1
Bed Bath & Beyond Inc. (NASDAQ: BBBY)
Class Period: October 2, 2019 - February 11, 2020
Lead Plaintiff Deadline: June 15, 2020
Throughout the class period, Bed Bath & Beyond Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) due to "aggressive disposition of inventory," the Company lacked sufficient inventory in key categories to support holiday sales; (2) the Company's internal control over inventory levels and financial reporting was not effective; (3) as a result of the foregoing, the Company was likely to experience reduced sales; 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 BBBY: http://www.kleinstocklaw.com/pslra-1/bed-bath-beyond-inc-loss-submission-form?id=6466&from=1
iQIYI, Inc. (NASDAQ: IQ)
Class Period: March 29, 2018 - April 7, 2020
Lead Plaintiff Deadline: June 15, 2020
During the class period, iQIYI, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) iQIYI inflated its revenue figures; (2) iQIYI inflated its user numbers; (3) iQIYI inflated its expenses to cover up other fraud; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in IQ: http://www.kleinstocklaw.com/pslra-1/iqiyi-inc-loss-submission-form?id=6466&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
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
SOURCE: The Klein Law Firm
View source version on accesswire.com:
https://www.accesswire.com/589660/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-SERV-BBBY-and-IQ
