Glancy Prongay & Murray LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against Shiloh Indus...
2015年11月4日 - 12:30AM
ビジネスワイヤ(英語)
Glancy Prongay & Murray LLP (“GPM”) reminds investors
that a class action complaint has been filed on behalf
of a class of Shiloh Industries Inc. (“Shiloh” or the “Company”)
(Nasdaq: SHLO) investors who purchased shares between March 9, 2015
and September 14, 2015, inclusive (the “Class Period”). Shiloh
investors have until November 20, 2015 to file a
lead plaintiff motion. Shiloh investors with losses over $50,000
are encouraged to contact GPM to discuss their legal rights.
Shiloh manufactures and distributes lightweighting, noise and
vibration solutions to automotive, commercial vehicle and other
industrial markets.
The Complaint alleges that throughout the Class Period,
Defendants made false and/or misleading statements and/or failed to
disclose: (1) that the Company had underreported the cost related
to its manufacturing of products; (2) that the Company engaged
in irregular accounting practices related to surcharges
assessed on steel at the Company’s facility in Wellington, Ohio;
(3) that, as a result, the Company’s earnings and income were
overstated; (4) that the Company lacked adequate internal controls
over financial reporting; and (5) that, as a result of the
foregoing, Defendants’ statements about Shiloh’s business,
operations, and prospects, were false and misleading and/or lacked
a reasonable basis. Upon disclosure of these issues, the Company’s
securities declined sharply in value, thereby damaging
investors.
If you purchased shares of Shiloh during the Class Period you
may move the Court no later than November 20, 2015 to
request appointment as lead plaintiff. If you purchased Shiloh
securities during the Class Period, or if you have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire,
of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California
90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151103006233/en/
Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
Shiloh Industries (NASDAQ:SHLO)
過去 株価チャート
から 6 2024 まで 7 2024
Shiloh Industries (NASDAQ:SHLO)
過去 株価チャート
から 7 2023 まで 7 2024