Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Stamps.com, Inc.
March 04 2019 - 5:35PM
Business Wire
Federman & Sherwood announces that on February 28, 2019, a
class action lawsuit was filed in the United States District Court
for the Central District of California against Stamps.com, Inc.
(NASDAQ: STMP). The complaint alleges violations of federal
securities laws, Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5, including allegations of
issuing a series of material or false misrepresentations to the
market which had the effect of artificially inflating the market
price during the Class Period, which is May 3, 2017 through
February 21, 2019.
Plaintiff seeks to recover damages on behalf of all Stamps.com,
Inc. shareholders who purchased common stock during the Class
Period and are therefore a member of the Class as described above.
You may move the Court no later than Monday, April 29, 2019 to
serve as a lead plaintiff for the entire Class. However, in order
to do so, you must meet certain legal requirements pursuant to the
Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information
and participate in this or any other securities litigation, or
should you have any questions or concerns regarding this notice or
preservation of your rights, please contact:
Robin HesterFEDERMAN & SHERWOOD10205 North Pennsylvania
AvenueOklahoma City, OK 73120Email to: rkh@federmanlaw.comOr, visit
the firm’s website at www.federmanlaw.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190304006016/en/
Robin HesterFEDERMAN &
SHERWOODrkh@federmanlaw.comwww.federmanlaw.com
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