NEW ORLEANS, Oct. 20, 2017 /PRNewswire/ -- ClaimsFiler, a FREE
shareholder information service, reminds investors that they have
until November 24, 2017 to
file lead plaintiff applications in a securities class action
lawsuit against Tech Data Corporation (NasdaqGS: TECD), if they
purchased the Company's shares between June
1, 2017 and August 31, 2017,
inclusive (the "Class Period"). This action is pending in the
United States District Court for the Middle District of
Florida.
Get Help
Tech Data investors should visit us at
https://www.claimsfiler.com/cases/view-tech-data-corporation-securities-litigation
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Tech Data and certain of its executives are charged with failing
to disclose material information during the Class Period, violating
federal securities laws.
On August 31, 2017, the Company
held its Fiscal Year 2018 Second Quarter Earnings Conference Call,
during which CEO Robert Dutkowsky
revealed that operational issues and "execution challenges" had
resulted in "weaknesses [that] impacted our performance in the
quarter… in a way that was much larger than we anticipated."
On this news, the price of Tech Data's shares plummeted
$22.83 per share on August 31, 2017.
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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