The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MKL, ASTE, TAP and AVP

NEW YORK, March 12, 2019 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. 

Markel Corporation MKL
Class Period: July 26, 2017 to December 6, 2018
Lead Plaintiff Deadline: March 12, 2019

The complaint alleges that throughout the class period Markel Corporation made materially false and/or misleading statements and/or failed to disclose that: (a) Markel lacked effective reporting controls and was not reporting its financial results in compliance with Generally Accepted Accounting Principles ("GAAP"); (b) the Company's wholly-owned subsidiary Markel CATCo Investment Management Ltd. ("MCIM") was not appropriately recording loss reserves; (c) as a result, MCIM's loss reserves would need to be adjusted and/or restated; (d) these accounting practices would lead to regulatory scrutiny and financial loss to investors; and (e) as a result of the foregoing, defendants' positive statements during the Class Period were materially false and misleading and/or lacked a reasonable basis.

Get additional information about the MKL lawsuit: http://www.kleinstocklaw.com/pslra-1/markel-corporation-loss-submission-form?wire=3

Astec Industries, Inc. ASTE
Class Period: July 26, 2016 to October 22, 2018
Lead Plaintiff Deadline: April 2, 2019

The complaint alleges that throughout the Class Period, defendants made false and misleading statements and/or failed to disclose adverse information regarding Astec's business, operations and prospects, including that its wood pellet plants suffered from significant and costly problems that prevented them from running at their promised production capacity, posing a threat to the Company's pellet plant business, its overall financial performance, and its financial outlook. As a result of this information being withheld from the market, the price of Astec stock was artificially inflated to a high of nearly $70 per share during the Class Period. 

Get additional information about the ASTE lawsuit: http://www.kleinstocklaw.com/pslra-1/astec-industries-inc-loss-submission-form?wire=3

Molson Coors Brewing Company TAP
Class Period: February 14, 2017 to February 12, 2019
Lead Plaintiff Deadline: April 16, 2019

The lawsuit alleges Molson Coors Brewing Company made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) Molson Coors failed to properly reconcile the outside basis deferred income tax liability for Molson Coors' investment in its MillerCoors, LLC partnership; (2) consequently, Molson Coors misreported net income in its consolidated financial statements for the fiscal years ending December 31, 2016 and December 31, 2017, resulting in an overall downward revision to net income; (3) Molson Coors lacked adequate internal controls over financial reporting; and (4) as a result, defendants' statements about Molson Coors' business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Get additional information about the TAP lawsuit: http://www.kleinstocklaw.com/pslra-1/molson-coors-brewing-company-loss-submission-form?wire=3

Avon Products, Inc. AVP
Class Period: August 2, 2016 to August 2, 2017
Lead Plaintiff Deadline: April 15, 2019

In order to inflate its reported revenue and representative growth metric during the Class Period, Avon engaged in an undisclosed scheme whereby it significantly loosened its credit terms in order to recruit new representatives in Brazil, its largest market. Avon did not disclose the changes to its credit terms in Brazil. Avon also failed to increase its allowance for doubtful accounts to account for the changes to its credit terms in Brazil.

Get additional information about the AVP lawsuit: http://www.kleinstocklaw.com/pslra-1/avon-products-inc-loss-submission-form?wire=3

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. There is no cost or obligation to you. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com