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Press Release: Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Welbilt, AxoGen, Markel, and Maxar and Encourages Investors to Contact the Firm


NEW YORK, Feb. 10, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Welbilt, Inc., AxoGen, Inc., Markel Corporation, and Maxar Technologies Ltd.  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.
Welbilt, Inc. (NYSE: WBT)Class Period: February 24, 2017 - November 2, 2018Lead Plaintiff Deadline: February 11, 2019The complaint alleges that throughout the class period Welbilt made materially false and/or misleading statements and/or failed to disclose that: (1) the company lacked effective internal control over financial reporting; (2) the company was incorrectly recording the tax basis of foreign subsidiaries and the amortization of their intangible assets; and (3) as a result of the foregoing, defendants’ statements about Welbilt’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.To learn more about the Welbilt class action go to:  https://bespc.com/wbt/.AxoGen, Inc. (NASDAQ: AXGN)Class Period: August 7, 2017 - December 18, 2018Lead Plaintiff Deadline: March 11, 2019The complaint alleges that throughout the class period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects.  Specifically, the complaint alleges that defendants failed to disclose: (1) that the company aggressively increased prices to mask lower sales; (2) that the company’s pricing alienated customers and threatened the company’s future growth; (3) that ambulatory surgery centers form a significant part of the market for the company’s products; (4) that such centers were especially sensitive to price increases; (5) that the company was dependent on a small number of surgeons whom the company paid to generate sales; (6) that the company’s consignment model for inventory was reasonably likely to lead to channel stuffing; (7) that the company offered purchase incentives to sales repre...


Posted: 2019-02-10 21:00:00

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Press Release: Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Welbilt, AxoGen, Markel, and Maxar and Encourages Investors to Contact the Firm | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

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Thu, 24 Jan 2019 17:37:00 GMT

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