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SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Revlon, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Wednesday, 20 March 2019 02:05 PM

The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / March 20, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Revlon, Inc. ("Revlon" or "the Company") (NYSE: REV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The Schall Law Firm, Wednesday, March 20, 2019, Press release picture

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Revlon admitted on March 18, 2019 that it would be unable to file its Annual Report for the fiscal year ending on December 31, 2018, in a timely manner. The Company disclosed that the "principal reason for the delay is the recent identification of a material weakness" related to the implementation of an enterprise resource planning system. Based on this news, shares fell almost 7% on March 19, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

Contact:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
310-301-3335
Cell: 424-303-1964
[email protected]
www.schallfirm.com

SOURCE: The Schall Law Firm

Topic:
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