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CLASS ACTION UPDATE for APC/OXY and BBBY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Friday, 17 April 2020 12:30 PM

Levi & Korsinsky LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / April 17, 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.

Anadarko Petroleum Corporation (NYSE:APC, OXY)
APC Lawsuit on behalf of:
investors who purchased February 20, 2015 - May 2, 2017
Lead Plaintiff Deadline: April 20, 2020
Join the action: https://www.zlk.com/pslra-1/anadarko-petroleum-corporation-loss-form?wire=3&prid=6065

About the APC lawsuit: Throughout the class period, Anadarko Petroleum Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) the value of the Shenandoah assets and the success of the Shenandoah appraisal wells were overstated; (2) the Company lacked effective internal control over financial reporting; and (3) as a result of the foregoing, Defendants' statements about the Company's Shenandoah assets lacked a reasonable basis.

To learn more about the Anadarko Petroleum Corporation class action, contact [email protected].

Bed Bath & Beyond Inc. (NASDAQ:BBBY)
BBBY Lawsuit on behalf of:
investors who purchased October 2, 2019 - February 11, 2020
Lead Plaintiff Deadline: June 15, 2020
Join the action: https://www.zlk.com/pslra-1/bed-bath-beyond-inc-loss-form?wire=3&prid=6065

About the BBBY lawsuit: During the class period, Bed Bath & Beyond Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) due to "aggressive disposition of inventory," the Company lacked sufficient inventory in key categories to support holiday sales; (2) the Company's internal control over inventory levels and financial reporting was not effective; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) 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.

To learn more about the Bed Bath & Beyond 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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