CLASS ACTION UPDATE: Brodsky & Smith, LLC Is Investigating Securities Violations Related to the Following Companies: LB, KPTI and CURLF

BALA CYNWYD, PA / ACCESSWIRE / September 11, 2019 / Brodsky & Smith, LLC reminds investors that it is investigating class action lawsuits against the following companies for violations of federal securities laws. If you purchased any of the below-listed stocks during the referenced time periods and want to discuss your legal rights, please contact Marc Ackerman, Esquire or Jordan Schatz, Esquire at 877-534-2590. There is no cost or financial obligation to you.

L BRANDS, INC. (LB)

Shares purchased between May 31, 2018 and November 19, 2018

Deadline: September 23, 2019

According to the complaint, L Brands, Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (a) the Victoria’s Secret and PINK businesses were having a material adverse effect on the Company’s cash flow, liquidity and debt levels; (b) Defendants lacked a reasonable basis for their positive statements about the ability of the Company to sustain its dividend; (c) the MD&A disclosures in filings L Brands made with the SEC were materially false and misleading; (d) the risk factor disclosures in filings L Brands made with the SEC were materially false and misleading; (e) the representations about L Brands’ disclosure controls in filings the Company made with the SEC were

Read More

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Scroll to Top