MONDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Flex, Ltd. & Encourages Inv...
July 03 2018 - 2:43PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against Flex,
Ltd. (“Flex” or "the Company") (NASDAQ: FLEX) for violations of
§§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule
10b-5 promulgated thereunder by the U.S. Securities and Exchange
Commission.
Investors who purchased the Company's shares between January 26,
2017, and April 26, 2018, inclusive (the "Class Period"), are
encouraged to contact the firm before July 9, 2018.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, Flex made materially false and
misleading statements throughout the class period. It alleges that
the company’s internal financial reporting controls were materially
weak and deficient. It also alleges that Flex’s accounting for
obligations and reserves in relation to a particular customer
contract was improper. As a result, Flex’s claims about the
company’s business operations and financial prospects were
materially false and misleading throughout the class period.
According to the lawsuit, when accurate information about Flex
became apparent in the market, investors suffered damages. The
Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20180703005535/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian,
Esq.310-301-3335info@schallfirm.comwww.schallfirm.com
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