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Ollie's Bargain Outlet Holdings, Inc. (OLLI) Slack Technologies, Inc. (WORK) & Eldorado Resorts, Inc. (ERI) - Class Action- Bronstein, Gewirtz & Grossman, LLC

Friday, 08 November 2019 09:58 AM

Bronstein, Gewirtz and Grossman, LLC

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / November 8, 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. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI)

Class Period: June 6, 2019 - August 28, 2019

Deadline: November 18, 2019
For more info: www.bgandg.com/olli

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements 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, Ollie's public statements were materially false and misleading at all relevant times.

Slack Technologies, Inc. (NYSE: WORK)

Class Period: WORK securities purchased pursuant or traceable to Slack's initial public offering of ordinary shares conducted in June 2019 (the "Class Period").

Deadline: November 18, 2019
For more info: www.bgandg.com/work

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company's Slack Platform was susceptible to recurring service-level disruptions; (2) such disruptions were increasingly likely to occur as the Company scaled its services to a larger user base; (3) the Company provides credits even if a customer was not specifically affected by service-level disruptions; (4) as a result, any service-level disruptions would have a material adverse impact on the Company's financial results; and (4) as a result, Slack's public statements were materially false and misleading at all relevant times.

Eldorado Resorts, Inc. (NASDAQ: ERI)

Class Period: Eldorado securities purchased between March 1, 2019 and September 2, 2019, inclusive (the "Class Period").

Deadline: November 22, 2019
For more info: www.bgandg.com/eri

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) several of the Company's executive officers, including CEO Thomas Reeg, engaged in improper trading with respect to the securities of another publicly-traded company; and (2) as a result, Defendants' statements about Eldorado's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Contact:

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

212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Lawsuits
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