NEW YORK, July 20, 2018 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Unum Group (NYSE:UNM)
Lead Plaintiff Deadline: August 13, 2018
Class Period: January 31, 2018 to May 2, 2018
The complaint alleges that during the class period Unum Group made materially false and/or misleading statements and/or failed to disclose that: (I) the Company was experiencing a higher claims incidence for its long-term care business; (II) the Company was experiencing less favorable policy terminations in connection with its long-term care business; (III) as such, the Company’s long-term care business loss ratio would reach the upper 90% range; and as a result of the foregoing, Defendants’ statements about Unum’s business, operations, and prospects, including statements related to the Company’s long-term care reserves and capital management plans, were materially false and/or misleading and/or lacked a reasonable basis.
Get additional information about the UNM lawsuit: http://www.kleinstocklaw.com/pslra-c/unum-group?wire=3.
QUALCOMM Incorporated (NASDAQ:QCOM)
Lead Plaintiff Deadline: August 7, 2018
Class Period: January 31, 2018 to March 12, 2018
Throughout the class period, QUALCOMM Incorporated allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Qualcomm had secretly filed a unilateral notice with CFIUS in order to frustrate Broadcom's attempt to acquire the Company; and (2) investors suffered damages as a result of defendants' wrongful acts and omissions. On March 5, 2018, Broadcom announced that Qualcomm had filed a voluntary request for The Committee on Foreign Investment in the United States to initiate an investigation into Broadcom’s actions. Broadcom referred to this as a “blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom’s independent director nominees.”
Get additional information about the QCOM lawsuit: http://www.kleinstocklaw.com/pslra-c/qualcomm-incorporated?wire=3.
Fluor Corporation (NYSE:FLR)
Lead Plaintiff Deadline: July 24, 2018
Class Period: August 14, 2013 to May 3, 2018
The complaint alleges Fluor Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.
Get additional information about the FLR lawsuit: http://www.kleinstocklaw.com/pslra-c/fluor-corporation?wire=3.
Farmland Partners Inc. (NYSE:FPI)
Lead Plaintiff Deadline: September 10, 2018
Class Period: May 9, 2017 to July 10, 2018
The complaint alleges that during the class period Farmland Partners Inc. made materially false and/or misleading statements and/or failed to disclose that: (I) Farmland artificially increased its revenues by marking loans to related party tenants; (II) as a results of the foregoing, Farmland's Class Period revenues were overstated; and (III) as a result, Farmland's public statements were materially false and misleading at all relevant times.
Get additional information about the FPI lawsuit: http://www.kleinstocklaw.com/pslra-c/farmland-partners-inc?wire=3.
Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. There is no cost or obligation to you. If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com