[ad_1]
NEW ORLEANS, March 15, 2019 (GLOBE NEWSWIRE) – ClaimsFiler, a FREE Shareholder Information Service, reminds investors that they have April 29, 2019 to file claims of principal plaintiffs in a securities claim against Stamps.com, Inc. (NasdaqGS: STMP), if they purchased the shares of the Company between May 3, 2017 and February 21, 2019, inclusive ( the "Group Period"). This action is pending before the United States District Court of the Central District of California.
Get help
Investors at Stamps.com should visit us at https://www.claimsfiler.com/cases/view-stampscom-inc-securities-litigation-1 or call (844) 367-9658 for free. The lawyers of Kahn Swick & Foti, LLC are available to discuss your legal options.
About the trial
Stamps.com and some of its officers are accused of failing to disclose material information during the Clbad Period in violation of federal securities laws.
On February 21, 2019, the Company announced its financial results for the fourth quarter and fiscal year 2018, also revealing the end of its shipping partnership with US Postal Service, a vital relationship that represents approximately 87% of the Company's sales figure, and this turnover for 2019. is expected to decline by 5.4%.
On this news, the price of Stamps.com shares has fallen.
The case is Grabisch v. Stamps.com, Inc.19-cv-01497.
About ClaimsFiler
ClaimsFiler has only one mission: to serve as a source of information to help retail investors recover their share of billions of dollars from clbad action lawsuits. On ClaimsFiler.com, investors can: (1) register for free to access information and settlement websites related to various clbad actions in securities so that they can submit in a timely manner their own. claims; (2) upload their portfolio transaction data to be informed of securities cases in which they may have a financial interest; and (3) send inquiries to Kahn Swick & Foti, LLC for a free evaluation of the business.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
Source link
