PATTERSON COMPANIES SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Dead...
May 04 2018 - 10:50PM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180504005101/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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