UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders of Checkpoint Systems Inc. of Pendency of Class Action Lawsuit ...
January 04 2016 - 10:59AM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of Checkpoint Systems
Inc. (NYSE:CKP) between March 5, 2015 and November
3, 2015.
You are hereby notified that a
securities class action lawsuit has been commenced in the USDC for
the District of New Jersey. If you purchased or otherwise acquired
Checkpoint Systems securities between March 5, 2015 and November 3,
2015, your rights may be affected by this action. To get more
information go to:
http://zlk.9nl.com/checkpoint-systems-ckp
or contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.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 made false and misleading statements and failed
to disclose material information, with respect to the accounting
for its quarterly income tax provisions. On November 3, 2015, after
the market closed, Checkpoint Systems disclosed that “the Company
discovered financial statement errors attributable to the
accounting for its quarterly income tax provision.” As a result,
the Company concluded that certain prior filed financial statements
should no longer be relied upon.
As a result of the Company’s need to restate its
financial results, Checkpoint’s shares fell by more than 22% on the
day the restatements were made, resulting in a loss in market
capitalization of nearly $70 million.
If you suffered a loss in Checkpoint
Systems you have until January 11, 2016
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, New Jersey, Connecticut and Washington D.C.
The firm’s attorneys have extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. 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
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