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SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Patheon N.V. – PTHN

By Brodsky & Smith, LLC

BALA CYNWYD, PA / ACCESSWIRE / June 23, 2017 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Patheon N.V. (“Patheon” or “the Company”) (NYSE: PTHN) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Thermo Fisher Scientific Inc. (“TMO”).

Click here to learn more http://www.brodskysmith.com/cases/patheon-n-v-nyse-pthn/, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Patheon shareholders will receive only $35.00 in cash for each share of Patheon stock they own. The investigation concerns whether the Board of Patheon breached their fiduciary duties to shareholders and whether TMO is underpaying for the Company. The transaction may undervalue the Company and may not be in the Patheon shareholders’ best interests. For example, on June 8, 2017, the Company reported a fiscal second-quarter profit of $27.6 million, results that exceeded Wall Street expectations and had the Company’s stock price moving in an upward trajectory.

If you own shares of Patheon stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/patheon-n-v-nyse-pthn/, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith, LLC have been appointed by numerous courts throughout the country to serve as Lead Counsel in class actions and have successfully recovered millions of dollars for their clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:

Brodsky & Smith, LLC
www.brodskysmith.com

SOURCE: Brodsky & Smith, LLC

ReleaseID: 466659

Announcement Relating to the Final Settlement of the Third Tranche of Shares to be Bought Back Pursuant to Dialog Semiconductor Plc’s Share Buyback Programme

By Dialog Semiconductor Plc.

LONDON, UK / ACCESSWIRE / June 23, 2017 / Dialog Semiconductor Plc (XETRA: DLG) reports that, pursuant to the third tranche of the share buyback programme announced by the Company on February 27, 2017, the Company has purchased the following ordinary shares in the Company from Barclays Bank PLC:

Date of purchase Number of ordinary shares purchased by the Company in the final settlement of the third tranche of the buyback programme Average price per share (EUR) in the final settlement of the third tranche of the buyback programme* Total number of ordinary shares purchased by the Company in the third tranche of the buyback programme Total number of ordinary shares purchased by the Company under the buyback programme
June 23, 2017 650,610 42.5467 1,700,610 4,483,816

The third tranche of the share buyback programme announced by the Company on February 27, 2017 has, as planned, been concluded.

Under the third tranche of the share buyback programme, a cumulative total of 1,700,610 ordinary shares have been bought back, corresponding to 2.18% of the Company’s ordinary share capital as at March 30, 2016, at an average price of EUR44.0645 per share (being the average volume weighted average price during the period of the third tranche of the share buyback programme, less a percentage discount), at a total cost of EUR74,936,580.

The Company obtained shareholder approval at its Annual General Meeting on April 28, 2016 (the 2016 Approval) to purchase, in aggregate, up to 7,786,595 of its ordinary shares (representing approximately 10% of the Company’s ordinary share capital as at March 30, 2016). The total number of shares purchased by the Company under the 2016 Approval (first, second and third tranches of the buyback programme) is 4,483,816, corresponding to 5.76% of the Company’s ordinary share capital as at March 30, 2016, at an average price of EUR37.6212 and at an aggregate total cost of EUR168,686,640. No further ordinary shares will be purchased by the Company under the 2016 Approval.

The Company obtained shareholder approval at its Annual General Meeting on May 3, 2017 (the 2017 Approval) to purchase, in aggregate, up to 7,808,280 of its ordinary shares (representing approximately 10% of the Company’s ordinary share capital as at March 27, 2017). There can be no certainty that any ordinary shares will be acquired by the Company under the 2017 Approval. The Company will consider any repurchases of ordinary shares during the next open period. The Company will announce the purchase of any tranche of ordinary shares under the 2017 Approval if and when it determines to make any such purchase.

Further information on the Company’s share buyback programme is available on the Company’s website at:

http://www.dialog-semiconductor.com/investor-relations/financial-news/share-buybacks

*Average of the daily volume weighted average price during the final settlement period.

Dialog and the Dialog logo are registered trademarks of Dialog Semiconductor Plc or its subsidiaries. All other product or service names are the property of their respective owners. (c) Copyright 2017 Dialog Semiconductor All Rights Reserved.

For further information please contact:

Dialog Semiconductor

Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com

FTI Consulting
London
Matt Dixon
T: +44 (0)2037 271 137
matt.dixon@fticonsulting.com

FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
Anja.Meusel@fticonsulting.com

About Dialog Semiconductor

Dialog Semiconductor is a leading provider of integrated circuits (ICs) that power mobile devices and the Internet of Things. Dialog solutions are integral to some of today’s leading mobile devices and the enabling element for increasing performance and productivity on the go. From making smartphones more power efficient and shortening charging times, enabling home appliances to be controlled from anywhere, to connecting the next generation of wearable devices, Dialog’s decades of experience and world-class innovation help manufacturers get to what’s next.

Dialog operates a fabless business model and is a socially responsible employer pursuing many programs to benefit the employees, community, other stakeholders and the environment we operate in. Dialog Semiconductor plc is headquartered in London with a global sales, R&D and marketing organization. In 2016, it had approximately $1.198 billion in revenue and currently has approximately 1,800 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German TecDax index.

For more information, visit www.dialog-semiconductor.com.

Contact:

Jose Cano
Director, Investor Relations
jose.cano@diasemi.com
+44(0)1793756961

SOURCE: Dialog Semiconductor Plc. via the EQS Newswire distribution service including Press Releases and Regulatory Announcements

ReleaseID: 466660

Dialog Semiconductor Plc.: Cancellation of Treasury Shares, Voting Rights and Capital

By Dialog Semiconductor Plc.

LONDON, UK / ACCESSWIRE / June 23, 2017 / Dialog Semiconductor Plc (XETRA: DLG) (“Dialog” or the “Company“) announces that since obtaining shareholder approval at its Annual General Meeting on April 28, 2016, the Company has purchased a total of 4,483,816 of its ordinary shares. Today, the Company has cancelled all 4,483,816 ordinary shares with a nominal value of £0.10 each held in treasury.

Following this cancellation of shares held in treasury, the Company’s total issued share capital consists of 76,382,139 shares with a nominal value of £0.10 each, with each share carrying the right to one vote.

The figure of 76,382,139 may be used by the Company’s shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

This announcement is made in conformity with the Financial Conduct Authority’s Disclosure and Transparency Rules 5.5.1R and 5.6.1R.

Contact:

Jose Cano
Director, Investor Relations
jose.cano@diasemi.com
+44(0)1793756961

SOURCE: Dialog Semiconductor Plc. via the EQS Newswire distribution service including Press Releases and Regulatory Announcements

ReleaseID: 466661

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Intra-Cellular Therapies, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 11, 2017 – ITCI

By Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / June 23, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Intra-Cellular Therapies, Inc. (“Intra-Cellular Therapies”) (NASDAQ: ITCI) between August 12, 2014 and April 28, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Eastern District of New York. To get more information go to: http://www.zlk.com/pslra-sb/intra-cellular-therapies-inc?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) findings related to toxicity in animals treated with lumateperone (ITI-007) were observed; (2) these findings posed an additional safety concern regarding lumateperone; (3) and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On August 4, 2016, the Company’s CEO, Sharon Mates, touted the “efficacy and safety of ITI-007 for the treatment of schizophrenia.” Then on May 1, 2017, Intra-Cellular disclosed that the U.S. Food and Drug Administration requested information from the Company in order to verify whether or not there are safety risks associated with long-term exposure of ITI-007 to patients.

If you suffered a loss in Intra-Cellular Therapies you have until July 11, 2017 to request that the Court appoint you as Lead Plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 466654

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Dick’s Sporting Goods, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 17, 2017 – DKS

By Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / June 23, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Dick’s Sporting Goods, Inc. (“Dick’s Sporting Goods”) (NYSE: DKS) between March 7, 2017, and May 15, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the U.S. District Court for the Southern District of New York. To get more information go to http://www.zlk.com/pslra-sb/dicks-sporting-goods-inc?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated its adjusted EBITDA amounts; (ii) accordingly, the Company lacked effective internal controls; and (iii) as a result, the Company’s public statements were materially false and misleading.

On May 12, 2017, Dick’s Sporting Goods filed a Form 8-K/A with the Securities and Exchange Commission, disclosing that a “computation error resulted in a $23.4 million overstatement of Adjusted EBITDA amounts for both the 13 weeks and 52 weeks ended January 28, 2017.” Then on May 16, 2017, Dick’s Sporting Goods announced that sales at its existing stores in the first quarter of 2016 had fallen short of forecasts and advised investors that the Company planned to scale back new store openings in 2018 and 2019. On this news, Dick’s Sporting Good’s share price fell from $47.57 per share on May 15, 2017, to a closing price of $41.04 on May 16, 2017.

If you suffered a loss in Dick’s Sporting Goods you have until July 17, 2017 to request that the Court appoint you as Lead Plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com


SOURCE:
Levi & Korsinsky, LLP

ReleaseID: 466655

IIROC Trade Resumption – Eagle Graphite Incorporated

Vancouver, British Columbia–(Newsfile Corp. – June 23, 2017) – Trading resumes in:

Company:

Eagle Graphite Incorporated

TSX-V Symbol:

EGA

Resumption Time (ET):

12:00

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

IIROC Trade Resumption – Data Communications Management

Toronto, Ontario–(Newsfile Corp. – June 23, 2017) – Trading resumes in:

Company:

Data Communications Management

TSX Symbol:

DCM (all issues)

Resumption Time (ET):

12:30

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

Ely Gold Announces Closing of Platoro West Transaction

Vancouver, British Columbia–(Newsfile Corp. – June 23, 2017) – Ely Gold & Minerals Inc (TSXV: ELY) (OTC Pink: ELYGF) (“Ely Gold” or the “Company”) is pleased to announce the closing of the definitive purchase and option agreement announced on May 4, 2017, (the “Agreement“) with Platoro West Incorporated (“Platoro West“), a privately held Nevada Corporation, and William Sheriff (“Sheriff“). Ely Gold, through its wholly owned subsidiary Nevada Select Royalty, Inc. (“Nevada Select“), has purchased Platoro West’s portfolio of 23 highly prospective mineral properties in Nevada and the western United States (the “Properties“), a portfolio of 8 deeded royalties in Nevada (the “Royalty Portfolio“) and legal and beneficial ownership of geological information covering precious metals properties throughout the western United States (the “Data Base“). Effective upon closing, Sheriff has been appointed to the Board of Directors of Ely Gold. Sheriff is the founder and currently Executive Chairman of Golden Predator Mining Corp.

Nevada Select has fully exercised its option and has acquired 100% of 22 Properties, 50% of one Property and 100% of the Royalty Portfolio. The Properties are mainly unpatented mining claims staked on Bureau of Land Management or U.S. Forest Service lands and have no existing royalties, work commitments or lease payments. Most of the Properties are precious metal exploration projects in some of the most desirable gold trends in Nevada. One of the Properties is in New Mexico and two are in Arizona. Two of the Properties are currently leased or optioned to third parties and are being actively explored. The Royalty Portfolio includes eight deeded royalties on properties currently being developed by third parties. All of the underlying properties in the Royalty Portfolio are in Nevada and are precious metals assets, with the exception of the Quartz Mountain property currently being developed by Alamos Gold Inc., which is in eastern Oregon. Current annual lease and advance royalty revenue to Nevada Select totals US$97,000.

The Data Base has been described as one of the largest privately held data bases in the world. The Data Base includes historic exploration and production data from Atlas Gold Mining Inc., UV Industries, Inc., USSRAM (U.S. Smelting and Refining and Mining Company and Union Carbide Corporation. Most of the hard copy data has been scanned and cataloged. The Company is also pleased to announce the opening of its Reno office and warehouse where all the data will be consolidated and cataloged.

Trey Wasser, the Company’s President & CEO commented, “Acquiring this exceptional portfolio of properties and royalties, while bringing Bill Sheriff onto the team, is truly transformational for Ely Gold. Combining our extensive data base with Bill’s will create a very valuable asset and an incredible tool for evaluating properties. As Bill has successfully moved his focus north, his Properties have been relatively idle. The properties, leases and royalties are a perfect fit for us not only in location, but in structure, as some of the assets are providing significant cash flow from lease or advance royalty payments.”

Sheriff added, “I am looking forward to combining all of our strengths to propel Ely Gold to the forefront of Nevada exploration and development. With the combined portfolio, and this team’s proven property acquisition prowess, I believe we will be embarking on a great opportunity to build Nevada’s next quality royalty and property generator.”

Highlights of the Properties include:

  • 121 unpatented mining claims in Esmeralda County, Nevada known as the Castle Black Rock Property (“Castle”) currently leased to Columbus Gold Corporation (“Columbus”) with a retained 2% NSR and annual advance minimum royalty payments. The Property is located approximately eight miles (13 km) south of Columbus’ Eastside gold project. Gold mineralization at Castle is localized in a large east-northeast trending structural zone that parallels highway US 6 and which also contains the past producing Boss Gold Mine. The faults in the structural zone traverse the entire claim block and have limited drilling outside the known resource areas. The historic mineralization at Castle is covered by shallow alluvium, only 10-30 meters thick.

  • Fifty percent of 247 unpatented mining claims in Washoe County, Nevada known as the Hog Ranch Property (“Hog Ranch”) currently leased to Hog Ranch Minerals Inc. Hog Ranch is a large gold-bearing district that contains high-grade gold mineralization within quartz-adularia banded veins similar in age, texture and mineralogy to the veins at the Sleeper, Midas and Ivanhoe gold projects located in northern Nevada. Shallow disseminated or stock-work mineralization remains unexploited in and around all of the pits in addition to the relatively untested high-grade feeder veins below the pits.

The Royalty Portfolio includes:

  • 2% NSR on 7 unpatented mining claims on the interior of the Golden Sunrise Property currently operated by Eurasian Minerals, Inc.
  • 2% NSR on one patented mining claim and 60 acres of deeded land lying along the Getchell fault in Humboldt County Nevada currently part of the larger Turquoise Ridge Mine property operated by Barrick Gold Corporation.
  • 2% NSR on the Antelope Springs Property in Pershing County, Nevada currently operated by Pershing Gold Corporation.
  • 50% of a sliding scale NSR on the Tuscarora Property in Elko County, Nevada currently operated by Novo Resources Corp. Nevada Select now owns 100% of the Tuscarora Royalty
  • 0.25% NSR on Quartz Mountain Project in Lake County, Oregon currently operated by Alamos Gold Inc.
  • 2% gross revenue royalty on the Pilot Mountain Tungsten Project in Mineral County currently operated by Thor Mining PLC.
  • 1.5% NSR on 23 Rose Claims in Pershing County, Nevada currently operated by Rye Patch Gold Corp.
  • 2% NSR on Scossa Property in Pershing County, Nevada currently operated by Romios Gold Resources Inc.

Stephen Kenwood, P. Geo, is director of the Company and a Qualified Person as defined by NI 43-101. Mr. Kenwood has reviewed and approved the technical information in this press release.

About Ely Gold

Ely Gold is focused on developing recurring cash flow streams through the acquisition, consolidation, enhancement, and resale of highly prospective, un-encumbered North American precious metals properties. Ely’s property development efforts maximize each property’s potential for acquisition, while reserving significant royalty interests. The Company’s current portfolio contains 17 optioned properties, 15 deeded royalties and over 24 properties available for sale. Additional information about Ely Gold is available at the Company’s website, at www.elygoldinc.com

On Behalf of the Board of Directors

Signed “Trey Wasser”
Trey Wasser, President & CEO

For further information, please contact:

trey@elygoldinc.com
972-803-3087

ir@elygoldinc.com
604-488-1104

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains certain “forward-looking statements” within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. This news release may contain forward-looking statements including but not limited to comments regarding the timing of the upcoming purchase of Properties, Royalty Portfolio and Data Base, appointment of Sheriff to the Board of Directors, option to purchase Option Properties, timing of the Closing and payment of purchase price, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of a Class Action on Behalf of Sunrun Inc. Investors and a Lead Plaintiff Deadline of July 3, 2017 – RUN

By Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / June 23, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Sunrun Inc. (“Sunrun”) (NASDAQ: RUN) between September 10, 2015 and May 2, 2017. You are hereby notified that Levi & Korsinsky has commenced the class action Sanogo v. Sunrun, Inc., et al. (Case No. 3:17-cv-02865) in the United States District Court for the Northern District of California. To get more information go to: http://www.zlk.com/pslra-sb/sunrun-inc?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Sunrun failed to adequately disclose how many customers canceled contracts after signing up for the Company’s home-solar energy system; (ii) discovery of the foregoing conduct would subject the Company to heightened regulatory scrutiny and potential civil sanctions; and (iii) as a result, Sunrun’s public statements were materially false and misleading at all relevant times.

On May 3, 2017, The Wall Street Journal reported that the U.S. Securities and Exchange Commission (“SEC”) is investigating whether Sunrun “adequately disclosed how many customers have canceled contracts after signing up for a home solar-energy system.” The report stated that the SEC “recently issued a subpoena to Sunrun and interviewed current and former employees about the adequacy of its disclosures on account cancellations.”

If you suffered a loss in Sunrun you have until July 3, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 466651

SIG SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Commencement of a Class Action Involving Signet Jewelers Limited and a Lead Plaintiff Deadline of July 5, 2017

By The Law Offices of Vincent Wong

NEW YORK, NY / ACCESSWIRE / June 23, 2017 / The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of Texas on behalf of investors who purchased Signet Jewelers Limited (“Signet Jewelers”) (NYSE: SIG) securities between August 29, 2013 and February 27, 2017.

Click here to learn about the case: http://www.wongesq.com/pslra-sa/signet-jewelers-limited-2?wire=1. There is no cost or obligation to you.

The complaint alleges that during the Class Period, defendants issued false and misleading statements and/or failed to disclose adverse information regarding Signet’s business and prospects, including that alleged sexual harassment by employees of Signet’s Sterling Family of Jewelers division (“Sterling”), including numerous incidents of sexual assault and rape, which were detailed in approximately 249 declarations signed under penalty of perjury by current and former Sterling employees (the “Declarations”), made it unlikely that Signet would be able to avoid paying a sizable amount of damages in connection with a class action lawsuit filed by Sterling employees.

On February 26, 2017, the public gained access to the Declarations, which painted a picture of a Company in which sexual harassment and sexual assault was not just tolerated but modeled at Company functions by top executives. The Declarations were submitted in a private arbitration against Sterling in June 2013, but remained under seal until February 26, 2017. On February 27, 2017, after the markets closed, The Washington Post published a report that revealed widespread allegations of sexual harassment made in the private arbitration that implicated Sterling’s senior managers and executives, including defendant Light and other Company leaders.

If you suffered a loss in Signet Jewelers you have until July 5, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sa/signet-jewelers-limited-2?wire=1.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 466652