ALERT: Rosen Law Firm Reminds Shiloh Industries Inc. Investors of Important November 20, 2015 Deadline in Class Action Filed ...
2015年11月18日 - 2:47AM
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Shiloh Industries Inc. (NASDAQ:SHLO) securities from
March 9, 2015 through September 14, 2015, all dates inclusive (the
“Class Period”) of the important November 20, 2015 lead plaintiff
deadline in the class action filed by the firm. The lawsuit seeks
to recover damages for Shiloh investors under the federal
securities laws.
To join the Shiloh class action, go to the firm’s
website at http://www.rosenlegal.com/cases-714.html or call Phillip
Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
According to the lawsuit, throughout the Class
Period defendants issued materially false and misleading statements
to investors and/or failed to disclose that: (1) Shiloh had
underreported the cost related to its manufacturing of products;
(2) Shiloh engaged in irregular accounting practices related to
surcharges assessed on steel at its facility in Wellington, Ohio;
(3) as a result, Shiloh’s earnings and income were overstated; (4)
Shiloh lacked adequate internal controls over financial reporting;
and (5) 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. When the true details
entered the market, the lawsuit claims that investors suffered
damages.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than November 20, 2015. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://www.rosenlegal.com/cases-714.html or to discuss
your rights or interests regarding this class action, please
contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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