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CLASS ACTION UPDATE for BDX, MGPI and VMW: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Wednesday, 01 April 2020 05:45 PM

Levi & Korsinsky LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / April 1, 2020 / 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.

Becton Dickinson & Company (NYSE:BDX)
BDX Lawsuit on behalf of:
investors who purchased November 5, 2019 - February 5, 2020
Lead Plaintiff Deadline: April 27, 2020
Join the action: https://www.zlk.com/pslra-1/becton-dickinson-company-loss-form?wire=3&prid=5882

About the BDX lawsuit: Throughout the class period, Becton Dickinson & Company allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) certain of Becton's Alaris infusion pumps experienced software errors and alarm prioritization issues; (2) as a result, the Company was investing in remediation efforts to address these product issues, rather than a software upgrade to "make enhancements;" (3) the Company was reasonably likely to face regulatory delays in connection with the software remediation; (4) as a result of the foregoing, Becton was reasonably likely to recall certain of its Alaris infusion pumps; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

To learn more about the Becton Dickinson & Company class action, contact [email protected].

MGP Ingredients, Inc. (NASDAQ:MGPI)
MGPI Lawsuit on behalf of:
investors who purchased February 27, 2019 - February 25, 2020
Lead Plaintiff Deadline: April 28, 2020
Join the action: https://www.zlk.com/pslra-1/mgp-ingredients-inc-loss-form?wire=3&prid=5882

About the MGPI lawsuit: During the class period, MGP Ingredients, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) MGP had not completed any significant sales of its four-year-old aged whiskey inventory; (b) the Company had been unable to sell its aged whiskey at the price premium represented to investors; (c) a glut of aged whiskey inventory and shifts in consumer behavior had lowered the value of the Company's aged whiskey inventory and materially impaired its ability to negotiate significant sales on favorable contract terms; and (d) in light of the foregoing, the Company's FY19 financial forecast lacked a reasonable basis and was materially misleading.

To learn more about the MGP Ingredients, Inc. class action, contact [email protected].

VMware, Inc. (NYSE:VMW)
VMW Lawsuit on behalf of:
investors who purchased March 30, 2019 - February 27, 2020
Lead Plaintiff Deadline: June 1, 2020
Join the action: https://www.zlk.com/pslra-1/vmware-inc-loss-form?wire=3&prid=5882

About the VMW lawsuit: Throughout the class period, VMware, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) VMware's reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements; (ii) the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more about the VMware, Inc. 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 nationally recognized 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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