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CLASS ACTION UPDATE for REAL, INFY, QUAD and FCAU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Wednesday, 04 December 2019 12:00 PM

Levi & Korsinsky LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / December 4, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

The RealReal, Inc. (NASDAQ:REAL)
REAL Lawsuit on behalf of:
investors who purchased all persons and entities who purchased RealReal common stock pursuant and/or traceable to the Company's registration statement issued in connection with the Company's June 27, 2019 initial public offering.
Lead Plaintiff Deadline: January 24, 2020
Join the action: https://www.zlk.com/pslra-1/the-realreal-inc-loss-form?wire=3&prid=4720

Allegations: The RealReal, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's employees received little training on how to spot fake items; (2) the Company's strict quotas on its employees exacerbated product authentication issues; (3) consequently, the potential for counterfeit or mislabeled items to make it through Company's authentication process was higher than disclosed; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the The RealReal, Inc. class action, contact [email protected].

Infosys Limited (NYSE:INFY)
INFY Lawsuit on behalf of:
investors who purchased July 7, 2018 - October 20, 2019
Lead Plaintiff Deadline: December 23, 2019
Join the action: https://www.zlk.com/pslra-1/infosys-limited-loss-form?wire=3&prid=4720

Allegations: Infosys Limited made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Company improperly recognized revenues to inflate short-term profits; (2) Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals to avoid accounting scrutiny; (3) management pressured the Company's finance team to hide information from auditors and the Company's Board of Directors; and (4) as a result of the aforementioned misconduct, Defendants' statements about Infosys's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Infosys Limited class action, contact [email protected].

Quad/Graphics, Inc. (NYSE:QUAD)
QUAD Lawsuit on behalf of:
investors who purchased February 21, 2018 - October 29, 2019
Lead Plaintiff Deadline: January 6, 2020
Join the action: https://www.zlk.com/pslra-1/quad-graphics-inc-loss-form?wire=3&prid=4720

Allegations: Quad/Graphics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's book business in United States was underperforming; (2) as a result, the Company was likely to divest its book business; (3) the Company was unreasonably vulnerable to decreases in market prices; (4) to remain financially flexible while market prices decreased, the Company was likely to cut its quarterly dividend and expand its cost reduction programs; and (5) as a result of the foregoing, positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

To learn more about the Quad/Graphics, Inc. class action, contact [email protected].

Fiat Chrysler Automobiles N.V. (NYSE: FCAU)
FCAU Lawsuit on behalf of:
investors who purchased February 26, 2016 - November 20, 2019
Lead Plaintiff Deadline: January 31, 2020
Join the action: https://www.zlk.com/pslra-1/fiat-chrysler-automobiles-n-v-loss-form?wire=3&prid=4720

Allegations: Fiat Chrysler Automobiles N.V. made materially false and/or misleading statements throughout the class period and/or failed to disclose that: (1) the Company employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) as a result, Defendants' statements about Fiat's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Fiat Chrysler Automobiles N.V. class action, contact [email protected].

You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

[email protected]

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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