NEW ORLEANS, April 27, 2018 /PRNewswire/ -- ClaimsFiler,
a FREE shareholder information service, reminds investors that they
have until May 29, 2018 to
file lead plaintiff applications in a securities class action
lawsuit against Patterson Companies, Inc. (NasdaqGS: PDCO), if they
purchased the Company's shares between June
26, 2015 and February 28,
2018, inclusive (the "Class Period"). This action is
pending in the United States
District Court for the District of Minnesota.
Get Help
Patterson investors should
visit us at
https://www.claimsfiler.com/cases/view-patterson-companies-inc-securities-litigation-1
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Patterson and certain of its
executives are charged with failing to disclose material
information during the Class Period, violating federal securities
laws.
On February 12, 2018, the Federal
Trade Commission disclosed that it had filed a complaint against
the Company for violating antitrust regulations through a
conspiracy with other dental supply companies to fix the prices of
dental products and refuse to offer discounts or service to buying
groups representing dental practitioners. Then, on March 1, 2018, the Company revealed dismal
financial results for 2018Q3 and the departure of its Chief
Financial Officer.
On this news, the price of Patterson's shares plummeted $7.48 per share, or 23% in one day.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
View original
content:http://www.prnewswire.com/news-releases/patterson-companies-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100-000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-patterson-companies-inc---pdco-300638313.html
SOURCE ClaimsFiler