NEW YORK, NY / ACCESSWIRE / May 23, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
Stanley Black & Decker, Inc. (NYSE:SWK)
CONTACT JAKUBOWITZ ABOUT SWK:
https://claimyourloss.com/securities/stanley-black-decker-inc-loss-submission-form/?id=39819&from=1
Class Period : October 28, 2021 - July 28, 2022
Lead Plaintiff Deadline : May 23, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) rising interest rates, inflation, and trends in returning to work away from home were in fact quickly eroding then-heightened demand for Stanley's tools and outdoor products; (ii) the heightened, extraordinary demand Stanley had enjoyed as a result of the COVID-19 pandemic in 2021 into 2022 was returning to 2019 pre-pandemic levels; (iii) Stanley's operations were already showing signs of slowing demand; (iv) as a result of reorganization, share repurchasing, and dividend growth, Stanley lacked the cash to react with agility to changes in demand; and (v) as a result of Stanley's inability to react to a sharp decline in demand, the Company's results and metrics, particularly sales volume, were severely negatively impacted. As a result of the foregoing, Stanley's public statements were materially false and misleading at all relevant times.
Trinseo PLC (NYSE:TSE)
CONTACT JAKUBOWITZ ABOUT TSE:
https://claimyourloss.com/securities/trinseo-plc-class-action-loss-submission-form/?id=39819&from=1
Class Period : May 3, 2021 - March 27, 2023
Lead Plaintiff Deadline : June 20, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse events; and (4) as a result, defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
Horizon Bancorp, Inc. (NASDAQ:HBNC)
CONTACT JAKUBOWITZ ABOUT HBNC:
https://claimyourloss.com/securities/horizon-class-action-loss-submission-form/?id=39819&from=1
Class Period : March 9, 2022 - March 10, 2023
Lead Plaintiff Deadline : June 20, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
SOURCE: Jakubowitz Law