Market Overview

ADT 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess of $100,000 Of Deadline in Class Action Lawsuit Against ADT, Inc. - ADT

Share:

ClaimsFiler, a FREE shareholder information service, reminds investors
that they have only until July 20, 2018 to file lead plaintiff
applications in a securities class action lawsuit against ADT, Inc.
(NYSE:ADT). Investor losses must relate to purchases of the Company's
shares pursuant to its January 2018 initial public offering (the "IPO").
This action is pending in the United States District Court for the
Southern District of Florida.

Get Help

ADT investors should visit us at https://www.claimsfiler.com/cases/new-york-se-adt
or call to speak to our claim center toll-free at (844) 367-9658.

About the Lawsuit

On March 15, 2018, ADT disclosed disappointing 4Q2017 and FY 2017
financial results, specifically "net income of $638 million, up from
negative $85 million last year, and diluted earnings per share of $0.99
versus $(0.13) in the prior year" (however, net income included a $690M
government tax benefit), and "[e]xcluding special items" diluted EPS of
$(0.06) versus $(0.07) from the same period last year, much lower than
analysts' estimates.

On this news, the price of ADT's shares plummeted.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to
help retail investors recover their share of billions of dollars from
securities class action settlements. ClaimsFiler's team of experts
monitor the securities class action landscape and cull information from
a variety of sources to ensure comprehensive coverage across a broad
range of financial instruments.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

View Comments and Join the Discussion!