NEW YORK, — Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Stamps.com Inc., Syneos Health, Inc., and Weight Watchers International, Inc. Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Stamps.com Inc. (NASDAQ: STMP)
Class Period: May 3, 2017 – February 21, 2019
Lead Plaintiff Deadline: April 29, 2019
The complaint alleges that throughout the class period defendants violated provisions of the Exchange Act by issuing false and misleading statements to investors, including in filings with the U.S. Securities and Exchange Commission. Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the company’s financial results depended on the manipulation of a USPS program that cost USPS an estimated $235 million per year; and (ii) as a result, the company’s business was unsustainable and its financial results were misleading.
To learn more about the Stamps.com class action go to: http://bespc.com/stmp/.
Syneos Health, Inc. (NASDAQ: SYNH)
Class Period: May 10, 2017 – February 27, 2019
Lead Plaintiff Deadline: April 30, 2019
The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) Syneos Health’s internal control over financial reporting was inadequate; (2) concerns regarding Syneos Health’s internal control over financial reporting would result in heightened regulatory scrutiny and an SEC investigation into the company’s revenue accounting policies, internal controls and related matters; and (3) as a result, defendants’ statements about Syneos Health’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.
To learn more about the Syneos class action go to: http://bespc.com/synh/.
Weight Watchers International, Inc. (NASDAQ: WTW)
Class Period: May 4, 2018 – February 26, 2019
Lead Plaintiff Deadline: May 3, 2019
The complaint alleges that throughout the class period defendants made false and misleading statements and/or failed to disclose adverse information regarding Weight Watchers’ business, operations and prospects. Specifically, the complaint alleges that defendants failed to disclose that Weight Watchers was experiencing diminished subscriber demand attributable to the onslaught of new competing smartphone fitness apps, meal-delivery services, and other tech advances that were driving down Weight Watchers’ new subscriber growth and its subscriber retention rates; that diminished subscriber growth, when coupled with a much larger number of fourth quarter subscription lapses than Weight Watchers typically experienced, made it highly unlikely that the company would retain four million subscribers by the end of 2018; that Weight Watchers was not on track to grow its subscriber count to five million or to drive annual revenues to more than $2 billion by the end of 2020; and that a decreased subscriber count would result in decreased revenues and profits.
To learn more about the Weight Watchers class action go to: http://bespc.com/wtw/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.