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Class Action Reminder RVLT, YRIV & ZIV Bronstein, Gewirtz & Grossman, LLC

Thursday, 28 February 2019 10:11 AM

Bronstein, Gewirtz and Grossman, LLC

NEW YORK, NY / ACCESSWIRE / February 28, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Revolution Lighting Technologies, Inc. (NASDAQ: RVLT)
Class Period: March 14, 2014, - November 14, 2018
Lead Plaintiff Deadline: April 1, 2019
For more info: www.bgandg.com/rvlt

The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose that: (1) that the Company was improperly recognizing revenue for certain transactions; (2) that, as a result, the Company's financial statements were misstated; (3) that the Company lacked adequate internal controls over financial reporting; (4) that, as a result, Company would be subject to regulatory scrutiny and incur substantial costs; and (5) that, 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.

Yangtze River Port & Logistics Limited (NASDAQ: YRIV)
Class Period: February 2, 2016 - December 5, 2018
Lead Plaintiff Deadline: March 4, 2019
For more info: www.bgandg.com/yriv

The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose that: (1) Yangtze's purported lease of the Wuhan Yangtze River Newport Logistics Center, the company's main asset, was a fabrication; (2) Yangtze's only operating subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd., was declared insolvent in China due to a number of default judgments against it; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

VelocityShares Daily Inverse VIX Medium Term Exchange Traded Notes (NASDAQ: ZIV)
Class Period: June 30, 2017 - February 5, 2018
Lead Plaintiff Deadline: April 5, 2019
For more info: www.bgandg.com/ziv

The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose that: (1) the inverse ETNs was not appropriate for managing daily trading risks; (2) Credit Suisse had designed the ZIV to fail under certain market conditions; (3) Credit Suisse had offered and sold more inverse ETNs than the market could bear which would enable Credit Suisse to cause the collapse of the inverse ETNs

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Advertorial
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