Market Overview

Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of REV Group, Inc. Investors

Share:

Law Offices of Howard G. Smith announces that a class action lawsuit has
been filed on behalf of investors that purchased REV Group, Inc. ("REV"
or the "Company") (NYSE: REVG)
securities: (1) pursuant and/or traceable to the Company's registration
statement and prospectus issued in connection with the Company's initial
public offering on or about January 27, 2017; or (2) between January
27, 2017 and June 7, 2018
, inclusive (the "Class Period"). REV
investors have until August 7, 2018 to file a lead plaintiff
motion.

Investors that suffered losses on their REV investments are encouraged
to contact the Law Offices of Howard G. Smith to discuss their legal
rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

The complaint filed in this class action alleges that throughout the
Class Period and/or in the Company's offering documents, Defendants made
materially false and/or misleading statements, as well as failed to
disclose material adverse facts about the Company's business,
operations, and prospects. Specifically, Defendants failed to disclose:
(1) that the Company was experiencing cost inflation across many of the
commodities and services it bought; (2) that the Company was
experiencing difficulty obtaining the chassis necessary for production;
(3) that the Company's margins were being negatively impacted by a lower
sales of high margin products, including custom fire apparatus, large
commercial buses, and Class A RVs; (4) that the Company did not have
"strong visibility into future net sales" to "effectively plan" and
manage its backlog of vehicles; (5) that the Company's manufacturing
operations were not operating efficiently or at a low cost to satisfy
customer demand; and (6) that, as a result of the foregoing, Defendants'
statements about REV's business, operations, and prospects, were
materially false and/or misleading and/or lacked a reasonable basis.

If you purchased securities in the IPO or during the Class Period, 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 Howard G. Smith, Esquire, of
Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888)
638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

View Comments and Join the Discussion!