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Press Release: CLASS ACTION UPDATE for BOX, PYX, FDX and RLGY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders


NEW YORK, July 12, 2019 (GLOBE NEWSWIRE) -- 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 and further details about the cases can be found at the links provided. There is no cost or obligation to you.

Box, Inc. (NYSE: BOX)
Class Period:
November 28, 2018 - June 3, 2019
Lead Plaintiff Deadline: August 5, 2019
Join the action: https://www.zlk.com/pslra-1/box-inc-loss-form?wire=3

The lawsuit alleges: Box, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1)  the Company was unable to close large deals within the quarter; (2) that, as a result, the Company’s revenue  would be materially impacted; and (3) 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.

To learn more about the Box, Inc. class action contact @levikorsinsky.com" rel="nofollow" target="_blank" title>This email address is being protected from spambots. You need JavaScript enabled to view it..

Pyxus International, Inc.  (NYSE: PYX)
Class Period:
on behalf of stockholders who purchased Pyxus (f/k/a Alliance One International, Inc. (AOI)) securities between June 7, 2018 and November 8, 2018, inclusive.
Lead Plaintiff Deadline: August 6, 2019
Join the action: https://www.zlk.com/pslra-1/pyxus-international-inc-f-k-a-alliance-one-international-inc-loss-form?wire=3

The lawsuit alleges that, during the class period, Pyxus International, Inc.  made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing longer shipping cycles; (2) as a result, the Company’s financial results would be materially affected; (3) the Company lacked adequate internal control over financial reporting; (4) the Company’s accounting policies were reasonably likely to lead to regulatory scrutiny; 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.

To learn more about the Pyxus International, Inc.  class action contact @levikorsinsky.com" rel="nofollow" target="_blank" title>This email address is being protected from spambots. You need JavaScript enabled to view it..

FedEx Corporation (NYSE: FDX)
Class Period:
September 19, 2017 - December 18, 2018
Lead Plaintiff Deadline: August 26, 2019
Join the action: https://www.zlk.com/pslra-1/fedex-corporation-loss-form?wire=3

The lawsuit alleges: FedEx Corporation made materially false and/or misleading statements throughout the class period and/or failed to disclose that:  (1) TNT’s overall package volume growth was slowing as TNT’s large customers permanently took their business to competitors after the Cyberattack; (2) as a result of the customer attrition, TNT was experiencing an increased shift in product mix from higher-margin parcel services to lower-margin freight services; (3) the anticipated costs and timeframe to integrate and restore the TNT network were significantly larger and longer than disclosed; (4) FedEx was not on track to achieve TNT synergy targets; and (5) as a result of these undisclosed negative trends and cost issues, FedEx’s positive statements about TNT’s recovery from the Cyberattack, integration into FedEx’s legacy operations, customer mix, customer service levels, profitability, and prospects lacked a reasonable basis.

To learn more about the FedEx Corporation class action contact @levikorsinsky.com" rel="nofollow" target="_blank" title>This email address is being protected from spambots. You need JavaScript enabled to view it..

Realogy Holdings Corp. (NYSE: RLGY)
Class Period:
February 24, 2017 - May 22, 2019
Lead Plaintiff Deadline: September 9, 2019
Join the action: https://www.zlk.com/pslra-1/realogy-holdings-corp-loss-form?wire=3

The lawsuit alleges: Realogy Holdings Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) Realogy was engaged in anticompetitive behavior by requiring property sellers to pay the commissions of a buyer’s broker at an inflated rate; (2) Realogy’s anticompetitive actions would prompt the U.S. Department of Justice (“DOJ”) to open an antitrust investigation into the real estate industry’s practices regarding brokers’ commissions; and (3) as a result, Defendants’ statements about the Realogy’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Realogy Holdings Corp. class action contact @levikorsinsky.com" rel="nofollow" target="_blank" title>This email address is being protected from spambots. You need JavaScript enabled to view it..

You have until the lead plaintiff deadlines to request 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 national 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.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
@levikorsinsky.com" rel="nofollow" target="_blank" title>This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



Posted: 2019-07-12 16:52:00

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