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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of STMP, CTL and MWA

Monday, 29 April 2019 10:50 AM

The Klein Law Firm

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / April 29, 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.

Stamps.com Inc. (NASDAQ: STMP)
Class Period: May 3, 2017 to February 21, 2019
Lead Plaintiff Deadline: April 29, 2019

The lawsuit alleges Stamps.com Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) the Company's financial results depended on the manipulation of a USPS program that cost USPS an estimated $235 million per year; and (ii) as a result, the Company's business was unsustainable and its financial results were highly misleading.

Get additional information about the STMP lawsuit: http://www.kleinstocklaw.com/pslra-1/stamps-com-inc-loss-submission-form?id=1297&from=1.

CenturyLink, Inc. (NYSE: CTL)
Class Period: May 10, 2018 to March 4, 2019
Lead Plaintiff Deadline: May 6, 2019

The complaint alleges that during the class period CenturyLink, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) CenturyLink had undisclosed material weaknesses in its internal controls over revenue recording processes and the procedures for measuring fair value of assets and liabilities assumed in connection with its Level 3 Communications, Inc. acquisition; (2) consequently, CenturyLink would delay the filing of its Form 10-K for the fiscal year ended December 31, 2018 despite initially reporting those financial results in a press release dated February 13, 2019; and (3) as a result, CenturyLink's public statements were materially false and misleading at all relevant times.

Get additional information about the CTL lawsuit: http://www.kleinstocklaw.com/pslra-1/centurylink-inc-loss-submission-form?id=1297&from=1.

Mueller Water Products, Inc. (NYSE: MWA)
Class Period: May 9, 2016 to August 6, 2018
Lead Plaintiff Deadline: June 10, 2019

The lawsuit alleges Mueller Water Products, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (1) the Company lacked adequate testing for product quality; (2) certain products with radio components were susceptible to fail prematurely; (3) as a result, the Company was reasonably likely to incur increased expenses, including warranty costs; (4) these costs would materially impact the Company's financial statements; (5) the Company lacked adequate internal controls over warranty costs and estimates; and (6) 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 MWA lawsuit: http://www.kleinstocklaw.com/pslra-1/mueller-water-products-inc-loss-submission-form?id=1297&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.

CONTACT:

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

Topic:
Lawsuits
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