CLASS ACTION UPDATE for SEE, OLLI, AZZ and REZI: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

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NEW YORK, Nov. 18, 2019 (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.

Sealed Air Corporation SEE
Class Period:
November 5, 2014 - August 6, 2018
Lead Plaintiff Deadline: December 31, 2019
Join the action: https://www.zlk.com/pslra-1/sealed-air-corporation-loss-form?wire=3&prid=4450 

Allegations: Sealed Air Corporation made materially false and/or misleading statements and/or failed to disclose that: (a) Sealed Air had hired its auditor, E&Y, pursuant to a conflicted and improper process and in order to help facilitate defendants' efforts to engage in accounting fraud; (b) Sealed Air's deduction of $1.49 billion in connection with the Settlement was indefensible and done for the improper purpose of artificially inflating the Company's financial results; (c) Sealed Air had artificially inflated its earnings, cash flows, and operating income during the Class Period; (d) as a result of the above, Sealed Air's Class Period financial statements were materially false and misleading and not prepared in conformance with GAAP; and (e) as a result of the above, Sealed Air's statements regarding its financial results, business, and prospects were materially misleading.

To learn more about the Sealed Air Corporation class action contact jlevi@levikorsinsky.com.

Ollies Bargain Outlet Holdings, Inc. OLLI
Class Period:
June 6, 2019 - August 28, 2019
Lead Plaintiff Deadline: November 18, 2019
Join the action: https://www.zlk.com/pslra-1/ollies-bargain-outlet-holdings-inc-loss-form?wire=3&prid=4450 

Allegations: Ollies Bargain Outlet Holdings, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Company suffered a supply chain issue that impacted the initial inventory available at new stores; (2) as a result, the Company lacked sufficient inventory to meet demand at certain store locations; (3) as a result, the Company's comparable store sales were likely to decrease quarter-over-quarter; and (4) 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.

To learn more about the Ollies Bargain Outlet Holdings, Inc. class action contact jlevi@levikorsinsky.com.

Azz, Inc. AZZ
Class Period:
July 3, 2018 - October 8, 2019
Lead Plaintiff Deadline: January 3, 2020
Join the action: https://www.zlk.com/pslra-1/azz-inc-loss-form?wire=3&prid=4450 

Allegations: Azz, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's internal controls over financial reporting were not effective; (2) the Company improperly implemented ASC 606 which resulted in improper revenue reconciliations; 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.

To learn more about the Azz, Inc. class action contact jlevi@levikorsinsky.com.

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Resideo Technologies, Inc. REZI
Class Period:
October 29, 2018 - October 22, 2019
Lead Plaintiff Deadline: January 7, 2020
Join the action: https://www.zlk.com/pslra-1/resideo-technologies-inc-loss-form?wire=3&prid=4450 

Allegations: Resideo Technologies, Inc. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (a) the negative operational effects of the Company's spin-off from Honeywell International Inc. were more substantial and persistent than disclosed and had negatively affected Resideo's product sales, supply chain, and gross margins, putting the Company's FY19 financial forecasts at risk; and (b) as a result of the foregoing, the Company's financial guidance lacked a reasonable basis and the Company was not on track to make its FY19 guidance as claimed.

To learn more about the Resideo Technologies, Inc. class action contact jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint you 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.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 

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