FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of ATVI, MU, STMP and BPI – iCrowdNewswire
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Mar 14, 2019 7:30 AM ET

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FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of ATVI, MU, STMP and BPI

Legal Newswire iCrowdNewswire - Mar 14, 2019

CEDARHURST, N.Y.,  — The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No classes have yet been certified in the actions below. Appointment as lead plaintiff is not required to partake in any recovery.

Activision Blizzard, Inc. (NASDAQ: ATVI)
Investors Affected: August 2, 2018 – January 10, 2019

A class action has commenced on behalf of certain shareholders in Activision Blizzard, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the termination of Activision Blizzard and Bungie’s partnership, giving Bungie full publishing rights and responsibilities for the Destiny franchise, was imminent; (ii) the termination of the two companies’ relationship would foreseeably have a significant negative impact on Activision Blizzard’s revenues; and (iii) as a result, Activision Blizzard’s public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://kseclaw.com/securities/activision-blizzard-inc-loss-submission-form/?wire=3

Micron Technology Inc. (NASDAQGS: MU)
Investors Affected: September 26, 2017 – November 19, 2018

A class action has commenced on behalf of certain shareholders in Micron Technology Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company engaged in anti-competitive behavior, including artificially restricting supply growth of DRAM; (2) these anti-competitive efforts were reasonably likely to lead to regulatory scrutiny; (3) the Company’s anti-competitive efforts artificially boosted its operating metrics; (4) as a result, the Company’s financial performance, including revenue, was overstated; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://kseclaw.com/securities/micron-technology-inc/?wire=3

Stamps.com Inc. (NASDAQ: STMP)
Investors Affected: May 3, 2017 – February 21, 2019

A class action has commenced on behalf of certain shareholders in Stampscom Inc. The filed complaint alleges that defendants made materially 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 highly misleading.

Shareholders may find more information at https://kclasslaw.com/securities/stamps-com-inc-loss-submission-form/?wire=3

Bridgepoint Education Inc. (NYSE: BPI)
Investors Affected: March 8, 2016 – March 7, 2019

A class action has commenced on behalf of certain shareholders in Bridgepoint Education Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Bridgepoint’s processes for recording revenue for its FTG program were inaccurate; (ii) Bridgepoint maintained deficient internal controls; (iii) due to the foregoing deficiencies, Bridgepoint was prone to and did commit material accounting errors related to revenue, provision for bad debts, accounts receivable and deferred revenue, which resulted in the overstatement of revenue and expenses; and (iv) as a result, Bridgepoint’s public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://kclasslaw.com/securities/bridgepoint-education-inc-loss-submission-form/?wire=3

Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company’s stock.

Contact Information:

Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: [email protected]
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967

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