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FINAL DEADLINE MONDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Plantronics, Inc. and Encourages Investors with Losses in Excess of $50,000 to Contact the Firm

Friday, 10 January 2020 06:45 PM

The Schall Law Firm

Topic:
Lawsuits

LOS ANGELES, CA / ACCESSWIRE / January 10, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Plantronics, Inc. ("Plantronics" or "the Company") (NYSE:PLT) 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, Friday, January 10, 2020, Press release picture

Investors who purchased the Company's securities between July 2, 2018 and November 5, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 13, 2020.

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

We also encourage you to contact Brian Schall 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.

According to the Complaint, the Company made false and misleading statements to the market. Plantronics engaged in channel stuffing to artificially increase its sales figures. The Company failed to maintain appropriate internal controls on inventory. Plantronics failed to monitor inventory levels before the introduction of new product models which would lower demand for older stock. Based on these facts, the Company's public statements throughout the class period were false and materially misleading. When the market learned the truth about Plantronics, investors suffered damages.

Join the case to recover your losses.

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:

Brian Schall, Esq.,
[email protected]
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964

SOURCE: The Schall Law Firm

Topic:
Lawsuits
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