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CLASS ACTION REMINDERS for FND, LTHM, and PSMT: Hagens Berman Reminds Investors of Class Actions on Behalf of Shareholders

Published: 2019-07-09 00:03:00 ET

SAN FRANCISCO, July 8, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP reminds FND, LTHM, and PSMT investors that class action lawsuits have commenced on behalf of investors against the following public companies and lead plaintiff filing deadlines are approaching.

Floor & Decor Holdings, Inc. (NYSE: FND)Class Period: May 23, 2018 - August 1, 2018Lead Plaintiff Deadline: July 19, 2019Date Filed: May 20, 2019Phone: 510-725-3000Email:FND@hbsslaw.com For more information: https://www.hbsslaw.com/cases/FND

According to the complaint, Defendants misled investors by misrepresenting and concealing declining sales trends that would ultimately result in the reduction of its fiscal 2018 sales and adjusted earnings per share guidance.

"We're focused on investors' losses and the extent to which Defendants may have misled investors about the Company's asset quality and capital sufficiency," said Hagens Berman partner Reed Kathrein.

Livent Corporation (NYSE: LTHM)Class Period: October 7, 2018 - May 22, 2019Lead Plaintiff Deadline: July 22, 2019Date Filed: May 22, 2019Phone: 510-725-3000Email:LTHM@hbsslaw.com For more information: https://www.hbsslaw.com/cases/LTHM

According to the complaint, Defendants misrepresented and concealed (1) the termination of a supply contract with Nemaska Lithium Inc., and (2) fulfillment of customer contracts using alternative vendors would adversely affect Livent's revenues and profit margins.

"We're focused on investors' losses and the extent to which Defendants' IPO- and post-IPO statements about the Company's business may have misled investors," said Hagens Berman partner Reed Kathrein.

PriceSmart, Inc. (NASDAQ: PSMT)Class Period: October 26, 2017 - October 25, 2018Lead Plaintiff Deadline: July 22, 2019Date Filed: May 22, 2019Phone: 510-725-3000Email:PSMT@hbsslaw.com For more information: https://www.hbsslaw.com/cases/PSMT

According to the complaint, Defendants misled investors by concealing material weaknesses in PriceSmart's internal controls over financial reporting. More specifically, Defendants admittedly overstated the Company's cash and cash equivalent balances during the three, six and nine month periods ended November 30, 2017, February 28, 2018, and May 31, 2018.

"We're focused on investors' losses, management's statements about PriceSmart's immediate sources of liquidity, circumstances surrounding the CEO's abrupt departure during October 2018, and whether investors may have been misled," said Hagens Berman partner Reed Kathrein.

Whistleblowers: Persons with non-public information should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

About Hagens BermanHagens Berman is law firm with nine offices in eight cities around the country and eighty attorneys representing investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:Reed Kathrein, 510-725-3000

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SOURCE Hagens Berman Sobol Shapiro LLP

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.