Top-News
Donnerstag,
15.12.2016 15:30
von
PR Newswire
| Aufrufe: 55
SUPREME INDUSTRIES INVESTOR REMINDER: Hagens Berman Reminds Investors in Supreme Industries Inc. of Lead Plaintiff Deadline
Ein Kohlekraftwerk (Symbolbild).
© Danicek/ iStock / Getty Images Plus / Getty Images
PR Newswire
SAN FRANCISCO, Dec. 15, 2016
SAN FRANCISCO, Dec. 15, 2016 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP reminds investors in Supreme Industries Inc. (NYSE: STS) that the Lead Plaintiff deadline in the pending securities class action lawsuit is January 3, 2017.
If you purchased or otherwise acquired securities of Supreme Industries between July 22, 2016 and October 21, 2016 and suffered over $50,000 in losses, or have relevant information to the investigation, contact Hagens Berman Sobol Shapiro LLP. For more information visit:
or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing STS@hbsslaw.com.
On July 22, 2016 Supreme Industries explained that its 2016 third quarter order backlog "is going to settle more towards the way it looked Q3 last year."
However, on October 21, 2016, the Company announced the backlog "was $58.1 million, which was down from the $74.4 million in order backlog at the end of last year's same quarter." This news drove the price of Supreme Industries shares down by nearly 24% to close at $13.68 per share that day.
Supreme Industries' share price fell another 17% on October 24, 2016 in response to Cliffside Research's report highlighting heavy insider selling leading up to disclosures of the Q3 backlog weakness: "Heavy insider selling in STS is a canary in the coalmine that should not be ignored."
"The insider trading strongly suggests STS management knew the Q3 2016 backlog would be significantly lower than reported for Q3 2015," said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Supreme Industries should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email STS@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. Read the Firm's Securities Newsletter, and visit the blog. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/supreme-industries-investor-reminder-hagens-berman-reminds-investors-in-supreme-industries-inc-of-lead-plaintiff-deadline-300378613.html
SOURCE Hagens Berman Sobol Shapiro LLP
Werbung
Mehr Nachrichten zur Supreme Industries A Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)
-1
Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink.
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.
