SAN DIEGO, March 6, 2018 /PRNewswire/ --Shareholder Rights
Law Firm Johnson Fistel, LLP is investigating potential claims
against RH, WageWorks, Inc., BRF S.A., and Iovance Biotherapeutics,
Inc., as detailed below:
RH - formerly Restoration Hardware
Johnson Fistel, LLP is
investigating potential violations of the federal and state
securities laws by RH formerly Restoration Hardware (NYSE: RH) and
certain of its officers.
Last year, a Securities Class Action Complaint was filed on
behalf of those who purchased securities of RH between March 26, 2015 to June 8,
2016. The Complaint alleges that throughout the Class
Period, Defendants made false and misleading statements,
specifically its earnings forecasts based on a new product line, RH
Modern. The complaint further alleges that RH misrepresented and
concealed problems surrounding the launch of RH Modern, including
inventory shortages, shipping delays, and poor construction
quality. On February 26, 2018, the
courts denied RH's motion to dismiss, paving the way for litigation
to carry on.
If you have held RH shares continuously before
March 26, 2015, you may have
standing to hold RH harmless from the damage the officers and
directors caused by making them personally responsible. You may
also be able to assist in reforming the Company's corporate
governance to prevent future wrongdoing.
If you are an RH shareholder continuously holding shares
before March 26, 2015,
and are interested in learning more about your legal rights and
remedies, please contact Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If you email, please
include your phone number.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
WageWorks, Inc.
Johnson Fistel, LLP is
investigating potential violations of the federal securities laws
by WageWorks, Inc. (NYSE: WAGE) ("WageWorks ") and certain of its
officers.
On March 1, 2018, WageWorks
announced "it is delaying its Annual Report on Form 10K for the
year ended December 31, 2017 and its
financial results and associated conference call for the fourth
quarter of 2017." Following this news, shares of WageWorks fell
over 18% on March 1, 2018.
Then, on March 2, 2018, WageWorks
announced it required additional time to complete its financial
statements and assess its internal controls over financial
reporting. WageWorks concluded it has a material weakness in its
internal controls over financial reporting as of December 31, 2017 related to "managing change and
assessing risk in the areas of non-routine and complex
transactions." WageWorks further announced its Audit Committee is
investigating WageWorks' internal controls over financial reporting
in fiscal 2016 and 2017, including a review of revenue recognition
"related to the accounting for a government contract during fiscal
2016 and associated issues with whether there was an open flow of
information and appropriate tone at the top for an effective
control environment."
If you have information that could assist in this investigation,
including former employees and others, or if you are a WageWorks
shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonfistel.com) by email or by phone at 619-814-4471.
If you email, please include your phone number.
BRF S.A.
Shareholder Rights Law Firm Johnson Fistel, LLP is investigating
potential violations of the federal securities laws against BRF
S.A. ("BRF") (NYSE: BRFS).
On March 5, 2018, police in
Brazil arrested BRF's former chief
executive and announced a new stage of their probe into the Company
regarding an alleged bribery scheme to subvert food safety
inspections at the Company's facilities. Brazilian federal police
also uncovered that they had launched a new phase in an
investigation targeting BRF that accuses the company of avoiding
food safety checks for years.
Following this news, BRF's stock price plummeted nearly 20% on
March 5, 2018.
If you have information that could assist in this investigation,
including former employees and others, or if you are a BRF
shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonfistel.com) by email or by phone at 619-814-4471.
If you email, please include your phone number.
Iovance Biotherapeutics, Inc. - formerly Lion
Biotechnologies
Johnson Fistel, LLP is
investigating potential violations of the federal and state
securities laws by Iovance Biotherapeutics, Inc. formerly
Lion Biotechnologies (NASDAQ: IOVA) ("Iovance") and certain of its
officers.
Last year, a Securities Class Action Complaint was filed on
behalf of those who purchased securities of Iovance between
November 14, 2013 through
April 10, 2017. According to the
lawsuit, defendants throughout the Class Period made false and/or
misleading statements and/or failed to disclose that (1) Lion
Biotechnologies, through its former CEO Manish Singh, engaged in a scheme to mislead
investors by commissioning over 10 internet publications and 20
widely distributed emails promoting Lion Biotechnologies to
potential investors that purported to be independent from the
company when, in fact, they were paid promotions; (2) former CEO
Singh engaged a notorious stock promotion firm to pay writers to
publish articles about Lion Biotechnologies on investment websites
as well as to coordinate the distribution of articles to thousands
of electronic mailboxes; (3) former CEO Singh actively participated
in the promotional work for Lion Biotechnologies and understood
that the promotion firm was using writers who would not disclose
that Lion Biotechnologies was indirectly compensating them for
their publications; and (4) as a result, defendants' public
statements were materially false and misleading at all relevant
times. When the true details entered the market, the lawsuit claims
that investors suffered damages.
If you have held Iovance shares continuously before
November 14, 2013, you may have
standing to hold Iovance harmless from the damage the officers and
directors caused by making them personally responsible. You may
also be able to assist in reforming the Company's corporate
governance to prevent future wrongdoing.
If you are an Iovance shareholder continuously holding
shares before November 14, 2013, and
are interested in learning more about your legal rights and
remedies, please contact Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If you email, please
include your phone number.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP