HD SUPPLY SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Cl...
August 18 2017 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until September 11, 2017 to file
lead plaintiff applications in a securities class action lawsuit
against HD Supply Holdings, Inc. (NasdaqGS: HDS), if they purchased
the Company’s securities between November 9, 2016 and June 5, 2017,
inclusive (the “Class Period”). This action is pending in the
United States District Court for the Northern District of
Georgia.
Get Help
HD Supply Holdings investors should visit us at
https://www.claimsfiler.com/cases/nasdaq-hds or call to speak to
our claim center toll-free at (844) 367-9658.
About the Lawsuit
HD Supply Holdings and certain of its executives are charged
with failing to disclose material information during the Class
Period, violating federal securities laws.
The alleged false and misleading statements and omissions
include, but are not limited to, that: (i) HD Supply’s 2017
operating and growth leverage guidance was not feasible (ii) the
recovery of its Facilities Maintenance supply chain was not in line
with prior expectations and planning; (iii) the sale of its
Waterworks segment was being explored; (iv) Defendant Joseph
DeAngelo, with full knowledge of these undisclosed
materially-adverse facts, sold off his personal holdings of HD
Supply stock, resulting in over $54 million in profits; and (v) as
a result of the foregoing, HD Supply’s financial statements were
materially false and misleading at all relevant times.
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: http://www.businesswire.com/news/home/20170818005546/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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