CKP Investors: The Wagner Firm Announces the Filing of a Securities Class Action on Behalf of Checkpoint Systems, Inc. Invest...
January 05 2016 - 5:58PM
Business Wire
The Wagner Firm announces the filing of a class action
lawsuit on behalf of investors of Checkpoint Systems, Inc.
("Checkpoint" or the "Company") (NYSE:CKP) between March 5, 2015
and November 3, 2015, inclusive (the "Class Period"). Injured
investors are encouraged to contact Avi Wagner, Esquire, of The
Wagner Firm, at 310-201-9150 to discuss their legal rights.
The complaint alleges that throughout the Class Period the
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 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.
On this news, shares of Checkpoint fell on November 4, 2015 by
$1.73 per share, or over 22%, to close on November 4, 2015 at
$5.97, thereby injuring investors.
Checkpoint investors have until January 11, 2016 to move
the Court to appoint you as lead plaintiff if you meet certain
legal requirements. If you have information or would like to learn
more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Avi Wagner, Esquire, of The Wagner Firm,
1925 Century Park East, Suite 2100, Los Angeles, California 90067,
at 310-491-7949, by e-mail at info@thewagnerfirm.com, or visit
our website at http://thewagnerfirm.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160105006872/en/
The Wagner Firm, Los Angeles, CAAvi Wagner,
310-491-7949info@thewagnerfirm.comwww.thewagnerfirm.com
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