Market Overview

CLASS ACTION UPDATE for TAL, REVG and GOGO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Share:

NEW YORK, July 26, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

TAL Education Group (NYSE:TAL)
Class Period:
April 26, 2018 - June 13, 2018
Lead Plaintiff Deadline: August 17, 2018
Join the action: http://www.zlk.com/pslra-d/tal-education-group?wire=3

Allegations: TAL Education Group made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Company overstated its net income; (2) the Company's net income was deteriorating; and (3) as a result of the foregoing, Defendants' statements about TAL's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

To learn more about the TAL class action contact jlevi@levikorsinsky.com.

REV Group, Inc. (NYSE:REVG)
Class Period:
Pursuant to the January 27, 2017 IPO and between January 27, 2017 and June 7, 2018
Lead Plaintiff Deadline: August 7, 2018
Join the action: http://www.zlk.com/pslra-d/rev-group-inc?wire=3

Allegations: During the class period, REV Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing cost inflation across many of the commodities and services it bought; (2) the Company was experiencing difficulty obtaining the chassis necessary for production; (3) the Company's margins were being negatively impacted by a lower sales of high margin products; (4) the Company did not have "strong visibility into future net sales" to "effectively plan" and manage its backlog of vehicles; (5) the Company's manufacturing operations were not operating efficiently or at a low cost to satisfy customer demand; (6) and 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.

To learn more about the REVG class action contact jlevi@levikorsinsky.com.

Gogo Inc. (NASDAQ:GOGO)
Class Period:
February 27, 2017 - May 7, 2018
Lead Plaintiff Deadline: August 27, 2018
Join the action: http://www.zlk.com/pslra-d/gogo-inc?wire=3

Allegations: Gogo Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Gogo's 2Ku antenna had more reliability issues than the public was led to believe;  (2) Gogo's 2Ku antennas required costly installation and faced costly remediation challenges or required replacement due to deicing fluids from planes infiltrating the 2Ku system, as well as manufacturing and software issues; (3) consequently, Gogo would not be able to meet its previously issued 2018 guidance; and (4) as a result, the company's financial statements were materially false and misleading at all relevant times.

To learn more about the GOGO class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

Primary Logo

View Comments and Join the Discussion!