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NEW YORK, February 17, 2019 (GLOBE NEWSWIRE) – Levi & Korsinsky, LLP announces that clbad actions have been commenced on behalf of the shareholders of the following publicly traded companies. Shareholders interested in performing the duties of lead plaintiff have until the time limits for filing a motion with the court are presented. For more details on these cases, see the links provided. There is no cost or obligation for you.
Arlo Technologies, Inc. (NYSE: ARLO)
Clbad period: Investors who have purchased shares pursuant to the Company's Registration Statement and Prospectus issued in connection with the Initial Public Offering of August 3, 2018
Deadline for the principal applicant: March 25, 2019
Join the action: https://www.zlk.com/pslra-1/arlo-technologies-inc-loss-form?wire=3
The complaint filed alleges that the registration statement contained false and / or misleading statements and / or failed to disclose that: (i) there was a defect or quality issue with the new battery designed by Arlo for its Ultra camera; (ii) this quality problem and / or defect with the Ultra battery could lead to a delay in delivery of the Arlo Ultra product; (iii) such a delay in delivery jeopardized Arlo's chances of launching the Ultra product in time for the crucial holiday season; (iv) such a shipment period would allow Arlo's competitors to take advantage of the missed launch of the Ultra product, thereby increasing their own market share; (v) Arlo consumers had problems with battery depletion and other battery issues in connection with recent firmware updates; (vi) As a result of the foregoing, Arlo's fourth quarter results for 2018 and its consumer base would be affected; and (vii) accordingly, Arlo's registration statement was materially false and misleading at all relevant times.
To find out more about the Arlo Technologies, Inc. clbad action [email protected].
DBV Technologies S.A. (NASDAQ: DBVT)
Clbad period: February 14, 2018 – December 19, 2018
Deadline for the principal applicant: March 18, 2019
Join the action: https://www.zlk.com/pslra-1/dbv-technologies-s-a-loss-form?wire=3
Regarding the lawsuit: During the entire period of the lawsuit, DBV Technologies SA allegedly made false and / or misleading statements and / or failed to disclose the following: (1) DBV Technologies' organic product license application ("BLA") for Viaskin Peanut to FDA with sufficient data on manufacturing procedures and quality controls; (2) therefore, DBV Technologies voluntarily removed the BLA from Viaskin Peanut; and (3) as a result, the defendants 'statements regarding DBV Technologies' activities, activities and prospects were materially false and / or misleading and / or lacking a reasonable basis at all relevant times.
To find out more about the DBV Technologies S.A. clbad action [email protected].
Micron Technology Inc. (NASDAQGS: MU)
Clbad period: September 26, 2017 – November 19, 2018
Deadline for the principal applicant: March 25, 2019
Join the action: https://www.zlk.com/pslra-1/micron-technology-inc-loss-form?wire=3
Regarding the lawsuit: During the Clbad Period, Micron Technology Inc. allegedly made false and / or misleading statements and / or failed to disclose that: (1) the Company had engaged in anti-competitive behavior, including artificially limiting the growth of DRAM supply; (2) these anti-competitive efforts were reasonably likely to lead to a regulatory review; (3) the Company's anticompetitive efforts have artificially improved its operating parameters; (4) as a result, the Company's financial performance, including operating revenues, was overestimated; and (5) as a result of the foregoing, the Respondents' positive statements regarding the Company's business, operations and prospects were very misleading and / or unfounded.
To find out more about the Micron Technology Inc. clbad action [email protected].
ProShares Short VIX Short Term Terminations (NYSEArca: SVXY)
Clbad period: Investors of the short-term ProShares Short VIX Futures ETF under the registration statement of May 15, 2017 and / or between May 15, 2017 and February 5, 2018
Deadline for the principal applicant: April 1, 2019
Join the action: https://www.zlk.com/pslra-1/proshares-short-vix-short-term-futures-loss-form?wire=3
About the lawsuit: Throughout the recourse period, ProShares Short VIX Futures in the short term would have made substantially false and / or misleading statements and / or failed to disclose the following: According to the complaint contained in the return and during the recourse and misrepresentation period and / or failed to disclose adverse information regarding the risks of an investment in the Fund. In particular, the registration statement did not indicate that the Fund was threatened with catastrophic losses due to the defective design of the Fund, the low volatility environment and the acute liquidity risks that existed during the recourse period. In addition, during the Clbad Period, the Defendants made similar false and misleading statements in numerous financial reports and draft prospectuses and registration statements filed with the SEC.
To find out more about the ProShares Short VIX Futures Short Term clbad action [email protected].
You have until the deadline of the principal applicant to ask the court to appoint you as the principal applicant. Your ability to participate in any recovery does not require you to act as the principal applicant.
Levi & Korsinsky is a national law firm with offices in New York, California, Connecticut and Washington, DC His lawyers have extensive experience and experience in investor representation in securities litigation and have recovered hundreds of millions of dollars for the injured shareholders. Public Prosecutor. Previous results do not guarantee similar results.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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