NEW YORK, July 11, 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.
Fluor Corporation (NYSE:FLR)
Lead Plaintiff Deadline: July 24, 2018
Class Period: August 14, 2013 to May 3, 2018
Allegations: Fluor made materially false and/or misleading statements or failed to disclose that: Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; Fluor had improperly estimated the gas-fire projects; as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; Fluor would incur multiple charges impacting quarterly results; and Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.
Get additional FLR information: http://www.kleinstocklaw.com/pslra-c/fluor-corporation?wire=3.
Unum Group (NYSE:UNM)
Lead Plaintiff Deadline: August 13, 2018
Class Period: January 31, 2018 to May 2, 2018
Allegations: The Company was experiencing a higher claims incidence for its long-term care business; the Company was experiencing less favorable policy terminations in connection with its long-term care business; as such, the Company’s long-term care business loss ratio would reach the upper 90% range; and as a result of the foregoing, Defendants’ statements about Unum’s business, operations, and prospects, including statements related to the Company’s long-term care reserves and capital management plans, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional UNM information: http://www.kleinstocklaw.com/pslra-c/unum-group?wire=3.
Newell Brands Inc. (NYSE:NWL)
Lead Plaintiff Deadline: August 20, 2018
Class Period: February 6, 2017 to January 24, 2018
Allegations: The Company’s retail channel was loaded with extremely high levels of unsold Newell product; contrary to defendants’ representations, the build-up of Newell inventory in the retail channel was due to Company-specific rather than macroeconomic reasons; as a result of the unusually high levels of unsold inventory in the retail channel, Newell was exposed to a heightened risk that it would experience slower sales growth in future periods; and undisclosed managerial and cultural differences in the legacy Newell and Jarden businesses had created significant discord that was having a material adverse effect on the Company’s operating performance.
Get additional NWL information: http://www.kleinstocklaw.com/pslra-c/newell-brands-inc?wire=3.
Restoration Robotics, Inc. (NASDAQGM:HAIR)
Lead Plaintiff Deadline: August 21, 2018
Class Period: shares purchased pursuant and/or traceable to the Company’s Initial Public Offering between October 12, 2017 and October 16, 2017
Allegations: The complaint alleges that Restoration Robotics negligently issued untrue statements of material facts in, and omitted to state material facts required to be stated from, the Offering Materials issued in connection with the Initial Public Offering. The complaint further alleges that as a result of the materially misleading Offering Materials, the Company’s stock price was artificially inflated at the time of the IPO.
Get additional HAIR information: http://www.kleinstocklaw.com/pslra-c/restoration-robotics-inc-hair?wire=3.
PolarityTE, Inc. (NASDAQ:COOL)
Lead Plaintiff Deadline: August 27, 2018
Class Period: March 31, 2017 to June 22, 2018
Allegations: The Company failed to disclose the true status of Patent #14/954,335 at the time it was acquired by the Company on April 7, 2017 and the months following; the updated status of Patent #14/954,335 after its June 4, 2018 final rejection by the United States Patent Office; and that as a result of the foregoing, PolarityTE's publicly disseminated financial statements were materially false and misleading.
Get additional COOL information: http://www.kleinstocklaw.com/pslra-c/polarityte-inc?wire=3.
Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. There is no cost or obligation to you. If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.