The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TAP, BRS and AVP
Thursday, April 11, 2019 6:00 PM
NEW YORK, NY / ACCESSWIRE / April 11, 2019 / 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.
Molson Coors Brewing Company (NYSE: TAP)
Class Period: February 14, 2017 to February 12, 2019
Lead Plaintiff Deadline: April 16, 2019
The complaint alleges that during the class period Molson Coors Brewing Company made materially false and/or misleading statements and/or failed to disclose that: (1) Molson Coors failed to properly reconcile the outside basis deferred income tax liability for Molson Coors' investment in its MillerCoors, LLC partnership; (2) consequently, Molson Coors misreported net income in its consolidated financial statements for the fiscal years ending December 31, 2016 and December 31, 2017, resulting in an overall downward revision to net income; (3) Molson Coors lacked adequate internal controls over financial reporting; and (4) as a result, defendants' statements about Molson Coors' business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Get additional information about the TAP lawsuit: http://www.kleinstocklaw.com/pslra-1/molson-coors-brewing-company-loss-submission-form?id=1038&from=1
Bristow Group Inc. (NYSE: BRS)
Class Period: February 8, 2018 to February 12, 2019
Lead Plaintiff Deadline: April 15, 2019
Throughout the class period, Bristow Group Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Bristow lacked adequate monitoring processes related to non-financial covenants within its secured financing and lease agreements; (2) Bristow could not reasonably assure compliance with certain non-financial covenants; (3) Bristow was reasonably likely to breach certain agreements; (4) Bristow had understated its short-term debt; (5) the required corrections would materially impact financial statements; (6) there was a material weakness in Bristow’s internal controls over financial reporting; and (7) as a result of the foregoing, defendants' positive statements about Bristow's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Get additional information about the BRS lawsuit: http://www.kleinstocklaw.com/pslra-1/bristow-group-inc-loss-submission-form?id=1038&from=1
Avon Products, Inc. (NYSE: AVP)
Class Period: August 2, 2016 to August 2, 2017
Lead Plaintiff Deadline: April 15, 2019
In order to inflate its reported revenue and representative growth metric during the Class Period, Avon engaged in an undisclosed scheme whereby it significantly loosened its credit terms in order to recruit new representatives in Brazil, its largest market. Avon did not disclose the changes to its credit terms in Brazil. Avon also failed to increase its allowance for doubtful accounts to account for the changes to its credit terms in Brazil.
Get additional information about the AVP lawsuit: http://www.kleinstocklaw.com/pslra-1/avon-products-inc-loss-submission-form?id=1038&from=1
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.
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
SOURCE: The Klein Law Firm