The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PSMT, JMIA, CBL and EQT

NEW YORK, July 09, 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.        

PriceSmart, Inc. PSMT
Class Period: October 26, 2017 to October 25, 2018
Lead Plaintiff Deadline: July 22, 2019

The lawsuit alleges PriceSmart, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) the Company's omni-channel business strategy had failed to reach key operating goals; (2) the Company's South America distribution strategy had failed to realize key cost saving goals; (3) the Company had invested Trinidad and Tobago dollars into certificates of deposits with financial institutions; (4) that these investments had been improperly classified as cash and cash equivalents; (5) the relevant corrections would materially impact financial statements; (6) there was a material weakness in the Company's internal controls over financial reporting; (7) increasing competition negatively impacted the Company's revenue and profitability; and (8) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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

Jumia Technologies AG JMIA
Class Period: Purchasers of American Depositary Shares between April 12, 2019 and May 9, 2019
Lead Plaintiff Deadline: July 15, 2019

During the class period, Jumia Technologies AG allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) Jumia had materially overstated its active customers and active merchants; (b) Jumia's representations about its orders, order cancellations, undelivered orders and returned orders lacked a sufficient factual basis and materially overstated the Company's sales; (c) Jumia failed to sufficiently disclose related party transactions; and (d) Jumia's financial statements were presented in violation of applicable accounting standards.

Get additional information about the JMIA lawsuit: http://www.kleinstocklaw.com/pslra-1/jumia-technologies-ag-loss-submission-form?wire=3 

CBL & Associates Properties, Inc CBL
Class Period: July 29, 2014 to March 26, 2019
Lead Plaintiff Deadline: July 16, 2019

According to the complaint, CBL & Associates Properties, Inc allegedly made materially false and/or misleading statements and/or failed to disclose that: the Company was the target of a class action suit that could result in tens of millions or even hundreds of millions of dollars in liability.  The Complaint further alleges that Defendants completely ignored their disclosure obligation, motivated by a desire to avoid bad publicity surrounding their dishonest nature and their dishonest conduct.  When the truth was revealed, CBL shares materially declined in price, injuring the class.

Get additional information about the CBL lawsuit: http://www.kleinstocklaw.com/pslra-1/cbl-associates-properties-inc-loss-submission-form?wire=3 

EQT Corporation EQT
Class Period: June 19, 2017 to October 24, 2018
Lead Plaintiff Deadline: August 26, 2019

The lawsuit alleges that throughout the class period, EQT Corporation made materially false and/or misleading statements and/or failed to disclose that:  (1) land acquired by the Rice Energy merger was not contiguous with the Company's previously held acreage, which reduced the purported synergy benefits; (2) the purported longer lateral wells were not feasible because of intervening third-party parcels or prior drilling by EQT, Rice, or third parties; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Get additional information about the EQT lawsuit: http://www.kleinstocklaw.com/pslra-1/eqt-corporation-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