Schall Law Firm, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against Symantec
Corporation (“Symantec” or “the Company”) (NASDAQ: SYMC)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Investors who purchased the Company’s shares between May 20, 2017 and
May 10, 2018, inclusive (the “Class Period”), are encouraged to contact
the firm before July 16, 2018.
If you are a shareholder who suffered a loss, click
here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm’s website at www.schallfirm.com,
or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading
statements to the market throughout the class period. Symantec
maintained weak internal controls over financial controls. The Company
reported, “reporting of certain Non-GAAP measures including those that
could impact executive compensation programs” which would lead to
heightened scrutiny of the Company by the SEC. As a result, Symantec
made false and materially misleading public statements throughout the
class period. When the market learned the truth, investors suffered
the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180712005832/en/