CLASS ACTION UPDATE for HON, PPC and BKD: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
August 24, 2020 at 16:45 PM EDT
NEW YORK, NY / ACCESSWIRE / August 24, 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. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
HON Shareholders Click Here: https://www.zlk.com/pslra-1/honeywell-international-inc-loss-form?prid=8786&wire=1
* ADDITIONAL INFORMATION BELOW *
Honeywell International Inc. (NYSE:HON)
HON Lawsuit on behalf of: investors who purchased February 9, 2018 - October 19, 2018
According to the filed complaint, during the class period, Honeywell International Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Honeywell's Bendix Friction Materials ("Bendix") asbestos-related liability was greater than initially reported; (2) the Company maintained improper accounting practices in connection with its Bendix asbestos-related liability; and (3) as a result, Honeywell's public statements were materially false and misleading at all relevant times.
Pilgrim's Pride Corporation (NASDAQ:PPC)
PPC Lawsuit on behalf of: investors who purchased February 9, 2017 - June 3, 2020
According to the filed complaint, during the class period, Pilgrim's Pride Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the Company and its executives had participated in an illegal antitrust conspiracy to fix prices and rig bids from at least as early as 2012 and continuing through at least early 2017; (2) the Company received competitive advantages, which persisted during the Class Period, from its anticompetitive conduct; and (3) as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.
Brookdale Senior Living Inc. (NYSE:BKD)
BKD Lawsuit on behalf of: investors who purchased August 10, 2016 - April 29, 2020
According to the filed complaint, during the class period, Brookdale Senior Living Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Brookdale's financial performance was sustained by, among other things, the Company's purposeful understaffing of its senior living communities; (ii) the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results and reputation; (iii) as a result, the Company's financial results were unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
You have until the lead plaintiff deadlines to request that 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.
SOURCE: Levi & Korsinsky, LLP
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