GPM Announces That It Has Filed a Securities Class Action on Behalf of 3D Systems, Inc. Investors
August 10 2015 - 6:03PM
Business Wire
Glancy Prongay & Murray LLP
(“GPM”) announces that it has filed a class action on behalf of
investors of 3D Systems Corporation (“3D Systems” or the “Company”)
(NYSE:DDD) who purchased shares between October 29, 2013 and
October 22, 2014 and have been damaged by the recent declines in
the Company’s stock price. 3D Systems investors have until
August 14, 2015 to file a lead plaintiff motion.
The complaint alleges that 3D Systems and certain of its
executives failed to disclose material information to investors in
violation of federal securities laws. The alleged false
statements and omissions include, but are not limited to: (i) 3D
Systems’ ability to increase capacity; (ii) the true demand for the
Company’s products; (iii) the value of its acquisitions; and (iv)
the Company’s expected earnings. On October 22, 2014, 3D
Systems announced disappointing preliminary results for the third
quarter and lowered its guidance for the full year, stating that
the poor results were due to capacity constraints. On this
news, the price of 3D Systems’ shares plummeted by over 15% on
unusually high volume.
If you purchased shares of 3D Systems between October 29, 2013
and October 22, 2014 and suffered a loss of over $1,000,000 you are
encouraged to contact Casey Sadler of GPM to discuss your legal
rights at 310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150810006375/en/
Glancy Prongay & Murray, Los AngelesCasey Sadler,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
3D Systems (NYSE:DDD)
Historical Stock Chart
From Aug 2024 to Sep 2024
3D Systems (NYSE:DDD)
Historical Stock Chart
From Sep 2023 to Sep 2024